Earn up to 4.850%* on CWB's best GIC rates

Limited time offer on 14, 29 and 51-month GICs.

Explore great rates on special 14, 29 and 51-month term GICs^* with a minimum investment of only $1,000.

What is a GIC? A Guaranteed Investment Certificate is a secure way to invest your money. Your principal is guaranteed, which means you get your initial investment amount back. Plus, you get a guaranteed rate of return, so you know in advance how much interest you’ll earn over the term it’s invested.

Special Term*	Annual interest*
14-month	4.850%	Get rate
29-month	4.750%	Get rate
51-month	4.500%	Get rate

Effective date: 30-January-2023
*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.

Why a GIC with Canadian Western Bank?

Guaranteed return

Competitive interest rates

Secure way to invest

No fees

Build your investment portfolio

GICs can be used in a variety of ways to build a personalized investment strategy for you.

Save for your next big purchase, such as a wedding, new home or dream vacation
Earn tax-free returns with a TFSA GIC
Grow sheltered wealth in an RRSP for retirement
Secure a great return in retirement with a RRIF GIC

Get started

Learn more about tax planning

Advice for investing

How to leverage higher GIC rates in an uncertain economy

Today’s uncertain economic climate has many Canadians choosing to lock in their cash at substantial interest rates with GICs. The upfront interest rates on GICs are always guaranteed.

Go to our blog

RRSP, TFSA, or both?: The truth is, it depends

Read this article where we look at some considerations for how and when to use these two popular registration types.

Go to our blog

GIC laddering - what is it?

GIC laddering is a smart and proven way to maximize your GIC returns, as well as protect you from interest rate and credit risk. With a laddering strategy, you will be able to access your savings every year and reinvest them into new terms or invest in different GICs.

Learn more about GIC laddering

The CWB Advantage

We craft a personalized investment plan that reflects your priorities so you can achieve your short- and long-term goals—even those that seem out of reach. Whether you want to enjoy weekends at the cottage, build your business, give back to your community or save for retirement, we're by your side to ensure your success. Get a plan as unique as you are.

Begin building my plan

Canadian Western Bank is a member of the Canada Deposit Insurance Corporation (CDIC).