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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 | 5.000% |
| 39-month | 4.500% |
*Limited time offer for 14-month and 39-month non-redeemable personal and business Canadian dollar denominated GICs only, available until June 30, 2023, $1,000 minimum. Offer is open to new and existing deposits, including renewals for clients at CWB, CWB Trust Services & Valiant. Eligible deposit types include both non-registered and registered products, including RRSPs, RRIFs and TFSAs. All rates are calculated on a per annum basis (compounded annually and paid at maturity), and subject to change without notice. No further discretion is allowed (this includes Gold Leaf and Prestige bonuses).
To learn more about this offer and GICs covered by CDIC fill out the form below.
Fixed long-term GICs
Fixed long-term GICs
Effective date: 05-June-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 | 4.550% | 4.300% | 4.550% | 3.400% |
3.150% |
| 2-year | 4.300% | 4.050% | 4.300% |
3.400% | 3.150% |
| 3-year | 4.200% | 3.950% | 4.200% | 3.300% | 3.050% |
| 4-year | 4.100% | 3.850% | 4.100% | 3.300% |
3.050% |
| 5-year | 4.100% | 3.850% |
4.100% | 3.500% | 3.250% |
| 6-year | 4.100% |
3.850% |
4.100% |
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: 05-June-2023
| Term (days) |
Canadian | US dollar |
| 1-6 | — |
0.150% |
| 7-20 | — |
0.150% |
| 21-29 | — |
0.150% |
| 30 | 2.100% | 1.500% |
| 60 | 2.300% | 1.500% |
| 90 | 2.400% |
1.500% |
| 120 | 2.700% | 2.000% |
| 180 | 3.100% |
2.300% |
| 270 | 3.450% |
2.800% |
Floating rate redeemable
Floating rate redeemable
Effective date: 05-June-2023
| Term | Canadian1 | US dollar2 |
| 30 days to 1 year | 3.600% | 3.000% |
| 1-3 years | 3.600% | — |
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: 05-June-2023
| CWB Prime rate | 6.700% |
| CWB USD Prime rate | 8.250% |
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.