1-Year Non-Registered GIC (featured rate)

5.05% AER · fixed rate

Min. Deposit: $100.00
Term: 1 year
Protection: CDIC Coverage

What $25,000.00 Earns You

At 5.05% AER over 1 year. Take the interest once a year, or leave it in to compound.

You Deposit	$25,000.00
Paid Once a Year	$1,262.50
Total Interest	$1,262.50
Balance at the End	$26,262.50

Each $1,262.50 interest payment is paid to you directly, and $1,262.50 is what they add up to over the term. The figure at the end is your initial investment of $25,000.00 paid back plus your final interest payment.

You Deposit	$25,000.00
Total Interest	$1,262.50
Balance at the End	$26,262.50

No interest is paid out to you during the investment period, so your final return will include your initial investment of $25,000.00 plus $1,262.50 interest.

Where You Stand

CDIC Coverage

Covered up to $100,000.00 per person if EQ Bank fails.

Product Details

Type: GIC
Term: 1 year
How Interest Is Paid: Once a year Left to compound
Min. Deposit: $100.00
Protection: CDIC Coverage
Coverage: $100,000.00
Region: Canada

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.

Happy Saver is a comparison site, not a financial adviser. Figures use a $25,000.00 example at 5.05% over 1 year, compounded annually where shown. Confirm all terms with EQ Bank before you commit.