Saven Financial GIC rates compared
Saven Financial's best posted rate is 4.10% on a 5-year term. The best rate available in Canada for that term is 4.30%, from WealthONE Bank of Canada. Both are covered, Saven Financial by FSRA.
Get Saven GICsHow do Saven Financial's GIC rates compare to the best in Canada?
On a 5-year term Saven Financial posts 4.10% against 4.30% from WealthONE Bank of Canada, the best we track. Every term it publishes is compared the same way below.
| Term | Saven Financial | Best in Canada | Gap | Leader |
|---|---|---|---|---|
| 1-year | 3.70% | 3.70% | Leads | — |
| 2-year | 3.85% | 3.95% | −0.10 pts | WealthONE Bank of Canada |
| 3-year | 3.95% | 4.05% | −0.10 pts | WealthONE Bank of Canada |
| 4-year | 4.00% | 4.10% | −0.10 pts | WealthONE Bank of Canada |
| 5-year | 4.10% | 4.30% | −0.20 pts | WealthONE Bank of Canada |
Is Saven Financial's GIC covered by FSRA?
Yes, though not by CDIC. Saven Financial is a credit union regulated in Ontario, so its deposits are protected to $250,000 by the Financial Services Regulatory Authority of Ontario rather than to CDIC's $100,000. The deposit itself is held by FirstOntario Credit Union, which means it shares that limit with anything else you hold there.
Ontario. Eligible deposits in registered accounts are covered without limit; non-registered deposits are covered to $250,000.
Where do these Saven Financial rates come from?
Directly from Saven Financial's own posted rate page at savenfinancial.ca, read by hand on 2026-09-06. Saven Financial does not date its posted rates, so the read date is the only currency guarantee available.
All 7 terms Saven Financial posts were captured in that read. No aggregator, no feed, no affiliate link.
Saven Financial's posted rates on savenfinancial.caHow we collect and check ratesWho should buy a GIC from Saven Financial?
Anyone who wants the highest posted rate we track at 1-year. Nothing else in the table pays more for that term.
Common questions about Saven Financial GICs
What is Saven Financial's minimum GIC deposit?
$1,000, at the top of the $100 to $1,000 range the 23 published minimums cover. It is the common figure rather than an unusual one: several higher-paying issuers ask the same.
Does Saven Financial have the best GIC rate in Canada?
Not on a 5-year term. Saven Financial posts 4.10% there, against 4.30% from WealthONE Bank of Canada: a gap of 0.20 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 Saven Financial offer?
7 terms are posted on savenfinancial.ca, from 4 months to 5 year. The comparison table above covers the 5 annual terms where enough issuers publish a rate for a market comparison to mean anything.
Does Saven Financial pay GIC interest monthly?
Saven Financial does not post a separate interest-paid-monthly rate on savenfinancial.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 Saven Financial rates promotional?
No. These are Saven Financial's standard posted rates, read from savenfinancial.ca on 2026-09-06. Saven Financial 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 ratesWhat would Saven Financial's 3-year rate pay on your deposit?
On $50,000 it pays $6,162 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 Saven Financial's own posted page at savenfinancial.ca and may change without notice. Educational information only, not financial advice. Published by Croton Holdings LLC. Corrections to daniel@crotoncontent.com.