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GIC rates

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Fixed long-term Fixed short-term Floating rate redeemable CWB Prime rate

Fixed long-term

CAD Personal GIC rate specials*
19-month GIC: 3.900%

23-month GIC: 4.080%

27-month GIC: 4.250%

 

*Limited time offer for 19-month, 23-month and 27-month Personal CAD GIC deposits until July 29, 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.

 

Fixed long-term

Effective date: 24-May-2022

Term
(months)

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

12 2.750%  2.500%  2.750%   1.400%
1.150% 
24 3.500%  3.250%  3.500%
1.900% 1.650% 
36 3.600% 3.350%  3.600%  2.200% 1.950% 
48 3.650%  3.400% 3.650%  2.300%
2.050% 
60 3.650% 3.400%
3.650%  2.500%  2.250%
72 4.000%
3.750%
4.000%
2.500%
2.250%
84 4.300%
4.050%
4.300%
2.500%
2.250%
96 4.300%
4.050%
4.300%
2.500%
2.250%
108 4.300%
4.050%
4.300%
2.500%
2.250%
120 4.300%
4.050%
4.300%
2.500%
2.250%
Minimum $1,000 deposit. Posted rates available at Canadian Western Bank branches only. All rates are calculated on a per annum basis, applicable for deposits up to $5,000,000 and subject to change without notice. For deposits greater than $5,000,000, please contact your branch.
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

Fixed short-term

Effective date: 24-May-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 0.250%  0.150% 
60 0.300%  0.150% 
90 0.350% 
0.150% 
120 0.450%   —
180 0.550%
 —
Minimum $5,000 deposit. All rates are calculated on a per annum basis and interest is paid at maturity. Posted rates available at Canadian Western Bank branches only. Applicable for deposits up to $100,000 and subject to change without notice. For deposits greater than $100,000, please contact your branch.
1May not exceed 90 days. 

Floating rate redeemable

Floating rate redeemable

Effective date: 24-May-2022

Term  Canadian1 US dollar2
 30 days to 1 year 1.250%  0.950%
1-3 years 1.250% 
Minimum $1,000 deposit. Posted rates available at Canadian Western Bank branches only. Applicable for deposits up to $100,000 and subject to change without notice. For deposits greater than $100,000, please contact your branch.
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: 24-May-2022

 CWB Prime rate  3.20%
 CWB USD Prime rate  4.00%

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