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GIC specials* Fixed long-term GICs Fixed short-term GICs Floating rate redeemable CWB Prime rateGIC specials*
GIC specials*
| Special term* | Rate* |
| 14-month | 4.850% |
| 29-month | 4.750% |
| 51-month | 4.500% |
*Limited time offer for 14-month, 29-month and 51-month personal and non-personal CAD GICs, available until March 5, 2023. Minimum $1,000 deposit; eligible deposit types include non-registered, RRSP, TFSA and RRIF. All rates are calculated on a per annum basis, applicable for deposits up to $5,000,000 and subject to change without notice. No further discretion is allowed on Gold Leaf and CWB Prestige products. For deposits greater than $5,000,000, please contact your banking centre. 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.
Fixed long-term GICs
Fixed long-term GICs
Effective date: 30-January-2023
| 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 | 4.450% | 4.200% | 4.450% | 2.600% |
2.350% |
| 2-year | 4.350% | 4.100% | 4.350% |
2.700% | 2.450% |
| 3-year | 4.150% | 3.900% | 4.150% | 2.900% | 2.650% |
| 4-year | 3.950% | 3.700% | 3.950% | 3.200% |
2.950% |
| 5-year | 4.000% | 3.750% |
4.000% | 3.500% | 3.250% |
| 6-year | 4.000% |
3.750% |
4.000% |
3.500% |
3.250% |
| 7-year | 4.200% |
3.950% |
4.200% |
3.500% |
3.250% |
| 8-year | 4.400% |
4.150% |
4.400% |
3.500% |
3.250% |
| 9-year | 4.400% |
4.150% |
4.400% |
3.500% |
3.250% |
| 10-year | 4.400% |
4.150% |
4.400% |
3.500% |
3.250% |
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: 30-January-2023
| Term (days) |
Canadian | US dollar |
| 1-6 | — |
0.150% |
| 7-20 | — |
0.150% |
| 21-29 | — |
0.150% |
| 30 | 2.100% | 0.500% |
| 60 | 2.300% | 0.500% |
| 90 | 2.400% |
0.500% |
| 120 | 2.700% | 0.950% |
| 180 | 3.100% |
1.200% |
| 270 | 3.450% |
1.700% |
Floating rate redeemable
Floating rate redeemable
Effective date: 30-January-2023
| Term | Canadian1 | US dollar2 |
| 30 days to 1 year | 3.800% | 2.250% |
| 1-3 years | 3.800% | — |
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.
CWB Prime rate
CWB Prime rate
Effective date: 30-January-2023
| CWB Prime rate | 6.700% |
| CWB USD Prime rate | 7.500% |
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.