At a glance
- Type
- GIC
- Term
- 1 year
- Min. deposit
- $100
- Protection
- CDIC coverage
- Coverage
- Up to $100,000
- Region
- Canada
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How much could
Start Earning Now
Earnings calculator
How much could
your money earn?
Enter your investment amount and see your projected return with EQ Bank's 5.05% AER rate.
$
Gross return after 1 year
$26,263
That works out at $1,263 per year at 5.05% AER
Projected gross return at 5.05% AER over 1 year. Actual returns may vary. Not financial advice.
Product summary
Provider
EQ Bank
Rate
5.05% AER
Term
1 year
Min. deposit
$100
Protection
CDIC coverage · Up to $100,000
Why this stands out
Competitive rate
One of the highest fixed rates available for Canada savers right now.
Government-backed protection
Up to Up to $100,000 covered under CDIC coverage.
Fixed for 1 year
Lock in your rate today. No surprises, no variable returns — just certainty.
Eligibility & details
- Featured non-registered 1-year rate on EQ site May 2026.
- Standard 1-year non-registered rate is 3.20%.
- Non-redeemable; requires EQ Personal Account.
Free · No signup required · Response within 2 business days
Happy Saver is a comparison site, not a financial adviser. Product information is for comparison only — always verify rates, eligibility, and protection with the provider before committing.