National Bank of Canada GIC rates compared

National Bank of Canada's best posted rate is 3.25% on a 2-year term. The best rate available in Canada for that term is 3.95%, from WealthONE Bank of Canada. Both are covered by deposit insurance.

Get National Bank GICs
The short versionNational Bank of Canada trails the market on every term we track, by 0.70 to 0.95 points.Same term, same deposit insurance, different rate. The only thing you give up by moving is the convenience of banking where you already bank.
What the gap costs on $50,000
National Bank of Canada at 3.25%$3,303
WealthONE Bank of Canada at 3.95%$4,028
Difference$725

How do National Bank of Canada's GIC rates compare to the best in Canada?

On a 5-year term National Bank of Canada posts 3.35% against 4.30% from WealthONE Bank of Canada, the best we track. Every term it publishes is compared the same way below.

TermNational Bank of CanadaBest in CanadaGapLeader
1-year2.85%3.70%−0.85 ptsWealthONE Bank of Canada
2-year3.25%3.95%−0.70 ptsWealthONE Bank of Canada
3-year3.15%4.05%−0.90 ptsWealthONE Bank of Canada
4-year3.30%4.10%−0.80 ptsWealthONE Bank of Canada
5-year3.35%4.30%−0.95 ptsWealthONE Bank of Canada
Posted rates · non-registered · non-redeemableSee all 15 issuers compared

Is National Bank of Canada's GIC covered by CDIC?

Yes. National Bank of Canada is a Schedule I chartered bank with branches, and a CDIC member, so an eligible GIC held here is protected to $100,000 per depositor, per insured category.

Minimum deposit$500
Deposit insuranceCDIC to $100,000
Rates read fromnbc.ca

Federal. $100,000 per depositor, per member institution, per insured category.

Where do these National Bank of Canada rates come from?

Directly from National Bank of Canada's own posted rate page at nbc.ca, read by hand on 2026-09-05. National Bank of Canada does not date its posted rates, so the read date is the only currency guarantee available.

All 9 terms National Bank of Canada posts were captured in that read. No aggregator, no feed, no affiliate link.

National Bank of Canada's posted rates on nbc.caHow we collect and check rates

Who should buy a GIC from National Bank of Canada?

People who already bank at National Bank of Canada, mostly. It does not lead any term we track, so what is left is the convenience of not moving money, priced below.

Convenience, mostlyNational Bank of Canada does not currently lead any term we track, and its minimum is not the lowest. If you already hold an account here the friction saved is real; otherwise the comparison above is the argument.

Common questions about National Bank of Canada GICs

What is National Bank of Canada's minimum GIC deposit?

$500. Published minimums across the 10 institutions that state one run $100 to $1,000.

Does National Bank of Canada have the best GIC rate in Canada?

Not on a 5-year term. National Bank of Canada posts 3.35% there, against 4.30% from WealthONE Bank of Canada: a gap of 0.95 points on the same term, for the same non-redeemable product. The table above runs the same comparison across all 5 terms.

Which GIC terms does National Bank of Canada offer?

9 terms are posted on nbc.ca, from 3 months to 60 months. The comparison table above covers the 5 annual terms where enough issuers publish a rate for a market comparison to mean anything.

Does National Bank of Canada pay GIC interest monthly?

National Bank of Canada does not post a separate interest-paid-monthly rate on nbc.ca, so we do not publish one. Where an issuer posts one it is always lower than the compounding rate, which makes it worth asking before you choose monthly income.

Are these National Bank of Canada rates promotional?

No. These are National Bank of Canada's standard posted rates, read from nbc.ca on 2026-09-05. National Bank of Canada does not date its posted rates, so that read date is the only currency guarantee available here. Limited-time promotions are noted separately rather than used to move an institution up the ranking.

How we collect and check rates
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What would National Bank of Canada's 2-year rate pay on your deposit?

On $50,000 it pays $3,303 in interest over the full term. Change the amount to see what that becomes on yours, then compare it against the leader.

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Independent and unaffiliated. Rates are read from National Bank of Canada's own posted page at nbc.ca and may change without notice. Educational information only, not financial advice. Published by Croton Holdings LLC. Corrections to daniel@crotoncontent.com.