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Earn with confidence

Choose from a variety of CWB investments to make your
financial goals a reality.

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GIC rate specials Fixed long-term GICs Fixed short-term GICs Floating rate redeemable CWB Prime rate

GIC rate specials

Special term rates
Effective date: 22-September-2022
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%

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: 22-September-2022

Term  Canadian1 US dollar2
30 days to 1 year 3.300%  3.200%
1-3 years 3.300% 
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: 22-September-2022

 CWB Prime rate  5.450%
 CWB USD Prime rate  6.250%

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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.


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