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GIC rate specials Fixed long-term GICs Fixed short-term GICs Floating rate redeemable CWB Prime rateGIC rate specials
Special term rates
| Term | Annual interest | Start investing |
| 13-month |
4.150% | Get rate |
*Limited time offer for 13-month personal CAD GICs available until November 10, 2022. Minimum $1000 deposit; eligible deposit types include non-registered, RRSP, TFSA, and RRIF. All rates are calculated on a per annum basis and subject to change without notice, and interest is paid out at maturity. To learn more about GICs and RRSPs covered by CDIC visit: Canada Deposit Insurance Corporation | Canadian Western Bank. To learn more about this offer, fill out the form below to talk to a Relationship Manager.
Fixed long-term GICs
Fixed long-term GICs
Effective date: 22-September-2022
| Term |
Annual interest |
Monthly payment option; Annual interest1 |
Monthly payment option; Gold Leaf PLUS® Annual interest2 |
US Dollar Annual interest |
US Dollar Monthly payment option; Annual interest1 |
| 1-year | 3.780% | 3.530% | 3.780% | 2.200% |
1.950% |
| 2-year | 4.080% | 3.830% | 4.080% |
2.500% | 2.250% |
| 3-year | 4.150% | 3.900% | 4.150% | 2.750% | 2.500% |
| 4-year | 4.150% | 3.900% | 4.150% | 2.850% |
2.600% |
| 5-year | 4.280% | 4.030% |
4.280% | 3.000% | 2.750% |
| 6-year | 4.400% |
4.150% |
4.400% |
3.000% |
2.750% |
| 7-year | 4.600% |
4.350% |
4.600% |
3.000% |
2.750% |
| 8-year | 4.600% |
4.350% |
4.600% |
3.000% |
2.750% |
| 9-year | 4.600% |
4.350% |
4.600% |
3.000% |
2.750% |
| 10-year | 4.750% |
4.500% |
4.750% |
3.000% |
2.750% |
Minimum $1,000 CAD deposit. Available to Personal & Business clients in CAD funds only. Posted rates available at Canadian Western Bank banking centres only. All rates are calculated on a per annum basis, applicable for deposits up to $5,000,000 CAD subject to change without notice, and interest is paid out at maturity. For deposits greater than $5,000,000, please contact your local banking centre. CWB takes reasonable steps to provide up-to-date, accurate and reliable information but is not responsible for any errors or omissions contained herein. To learn more about GICs covered by CDIC visit: Canada Deposit Insurance Corporation | Canadian Western Bank. To learn more about this offer, fill out the form below to talk to a Relationship Manager.
1Monthly interest payment is available only if interest is deposited to a CWB account or electronically transferred to an account at another financial institution.
2The Gold Leaf Plus package is available to clients 57 and over, and waives the 0.25% rate reduction for monthly interest payments. The rate reduction applies if monthly interest is not deposited into a CWB account.
Fixed short-term GICs
Fixed short-term GICs
Effective date: 22-September-2022
| Term (days) |
Canadian | US dollar1 |
| 1-6 | See banking centre for details | 0.150% |
| 7-20 | See banking centre for details | 0.150% |
| 21-29 | See banking centre for details | 0.150% |
| 30 | 1.900% | 0.300% |
| 60 | 2.100% | 0.300% |
| 90 | 2.250% |
0.300% |
| 120 | 2.500% | — |
| 180 | 3.000% |
— |
1May not exceed 90 days.
Floating rate redeemable
Floating rate redeemable
Effective date: 22-September-2022
| Term | Canadian1 | US dollar2 |
| 30 days to 1 year | 3.300% | 3.200% |
| 1-3 years | 3.300% | — |
1For deposits maturing prior to 1 year, interest is paid at maturity. For deposits maturing in 1 year or longer, interest is compounded annually.
2Interest is paid at maturity. Personal investments only.
CWB Prime rate
CWB Prime rate
Effective date: 22-September-2022
| CWB Prime rate | 5.450% |
| CWB USD Prime rate | 6.250% |
WestEarner® TFSA GIC
All the security you expect from a guaranteed investment certificate (GIC) bundled with the tax-free earnings of a Tax Free Savings Account (TFSA). Earn competitive, guaranteed interest rate and don’t pay tax on any interest earned. Set your account to renew automatically for maximum convenience.