GIC rates

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Fixed long-term Fixed short-term Floating rate redeemable

Fixed long-term

Rate specials*


*Available for a limited time only. Rate subject to change without notice. On RRSP/RRIF/TFSA or regular GICs $1,000 minimum investment. Interest is compounded annually, paid at maturity. See your branch for details. 

Fixed long-term

Effective date: 19-October-20

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 0.650%  0.400%  0.650%  0.550%
0.300% 
24 0.850%  0.600%  0.850%
0.700% 0.450% 
36 0.950% 0.700%  0.950%  0.720% 0.470% 
48 1.000%  0.750% 1.000%  0.750%
0.500% 
60 1.100% 0.850%
1.100%  0.770%  0.520%
72 1.150%
0.900%
1.150%
0.820%
0.570%
84 1.200%
0.950%
1.200%
0.870%
0.620%
96 1.250%
1.000%
1.250%
0.940%
0.690%
108 1.300%
1.050%
1.300%
0.990%
0.740%
120 1.400%
1.150%
1.400%
1.060%
0.810%
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 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: 19-October-20

Term
(days)
 Canadian US dollar1
1-6 See branch for details 0.150% 
7-20 See branch for details 0.150% 
21-29 See branch for details 0.150% 
30 0.250%  0.150% 
60 0.300%  0.150% 
90 0.350% 
0.150% 
120 0.400%   —
180 0.450%
 —
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: 19-October-20

Term  Canadian1 US dollar2
 30 days to 1 year 0.500%  0.550%
1-3 years 0.500% 
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

Effective date: 19-October-20

 CWB Prime rate  2.45%
 CWB USD Prime rate  3.25%

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