Business GICs

Get guaranteed returns—like 4.30%^* on a 1-year GIC.

Grow your business with low-risk GICs at some of the best rates in the market.

Invest now

High returns for your business without all the usual risk

Guaranteed returns
Lock in high returns (and peace of mind) with some of the best rates in the market.
Option to fit your business
Enjoy the flexibility of short- or longer-term GIC options—and start investing with as little as $100.
Purchase online in seconds
As long as you have available funds in your Business Account, you can buy a GIC in a few clicks.
Safe investments
All deposits in EQ Bank products are eligible for Canada Deposit Insurance Corporation (CDIC) protection^†.

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Don’t miss our featured Business GIC rates

6 Month

4.10%^*

Get this rate

1 Year

4.30%^*

Get this rate

Try our Business GIC calculator

Find out how much your investment will grow with our different options.

Interest calculations are estimates.

How much do you want to invest? Amount

GIC Term GIC Terms

How do you want your interest paid out?

Interest is paid at maturity Interest is calculated on a per annum basis and compounded annually

Interest is paid annually Simple interest is calculated on a per annum basis

Simple interest is calculated on a per annum basis

Term (Year)

Our Rate

GIC Term

Interest Earned

Browse rates and terms to find the right GIC

Have questions? Get answers to common questions about GICs.

Most popular GIC terms (1 to 5 years)


Term	Rate^*	Start investing
1 Year	4.30%	Get rate
15 Month	4.20%	Get rate
2 Year	4.10%	Get rate
27 Month	4.05%	Get rate
3 Year	3.95%	Get rate
4 Year	3.85%	Get rate
5 Year	3.85%	Get rate

Short term GICs (less than 1 year)

Short term Business GICs (less than 1 year)
Term	Rate^*	Start investing
3 month	3.75%	Get rate
6 month	4.10%	Get rate
9 month	4.15%	Get rate

Long term GICs (1 year or more)

Long term Business GICs (1 year or longer)
Term	Rate^*	Start investing
1 Year	4.30%	Get rate
15 Month	4.20%	Get rate
2 Year	4.10%	Get rate
27 Month	4.05%	Get rate
3 Year	3.95%	Get rate
4 Year	3.85%	Get rate
5 Year	3.85%	Get rate
6 Year	3.30%	Get rate
7 Year	3.30%	Get rate
10 Year	3.30%	Get rate

Common questions answered

How many Business GICs can I buy?

What happens when my Business GIC matures?

Can I redeem GICs before they mature?

Is the interest earned from my GIC taxed?

Will I get a physical certificate for my GIC purchase?

Are Business GICs available in Quebec?

Visit our FAQ for more details about our GICs.

Footnotes

Footnote *: EQ Bank GICs are non-redeemable. For GIC terms of less than one year, simple interest is calculated on a per diem basis and paid at maturity. For GIC terms equal to one year, simple interest is calculated on a per annum basis and paid at maturity. For GIC terms of over one year, not including 15 and 27 month terms, interest is calculated on a per annum basis and paid either annually (simple interest) or at maturity (compounded annually). For GIC terms of 15 and 27 months, interest is calculated on a per annum basis, compounded annually and paid solely at maturity. In all cases, interest is accrued for the entire GIC term. Maximum 20 GICs per customer. Each GIC purchase must be for at least $100. The per GIC investment limit is $100,000. Aggregate GIC investment limit of $2,000,000 per business.

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Footnote †: Equitable Bank is a member of CDIC. EQ Bank is a trade name of Equitable Bank.

^{Return to footnote † referrer}
Footnote: EQ Bank does not offer the following products in the province of Quebec: US Dollar Account, International Money Transfers, RSP Savings Accounts, RSP GICs, FHSA Savings Account, FHSA GICs, Business Account, Business GICs, and Notice Savings Account. Additionally, the EQ to EQ transfers feature is not available in Quebec.

^{Return to footnote referrer}

Business GICs

High returns for your business without all the usual risk

Guaranteed returns

Option to fit your business

Purchase online in seconds

Safe investments

Don’t miss our featured Business GIC rates

6 Month

1 Year

Try our Business GIC calculator

Browse rates and terms to find the right GIC

Most popular GIC terms (1 to 5 years)

Business GICs

Short term GICs (less than 1 year)

Business GICs

Long term GICs (1 year or more)

Business GICs

Common questions answered

How many Business GICs can I buy?

What happens when my Business GIC matures?

Can I redeem GICs before they mature?

Is the interest earned from my GIC taxed?

Will I get a physical certificate for my GIC purchase?

Are Business GICs available in Quebec?

To purchase your Business GIC, you’ll first need to open an EQ Bank Business Account.

Ready to open a Business Account?