TD GIC rates today

These are TD’s GIC rates from our latest check of TD’s official GIC rate pages. The first table is TD’s posted non-cashable GIC; the others cover the limited-time specials, cashable GICs, short-term GICs, US-dollar GICs, the market-linked Market Growth GICs and TD’s savings accounts.

How TD GIC rates have changed

Every point below is one of our checks of TD’s posted non-cashable GIC, the standard TD GIC that is always on sale. The list under the chart shows every change we have found on those terms.

What the record shows so far: TD’s posted 1- to 5-year GIC rates did not change between our October 24 and November 2, 2026 checks, including the days after the Bank of Canada raised its policy rate to 2.50% on October 28. Over the same period TD raised its ePremium Savings Account rate on balances of $10,000 or more from 0.45% to 0.55%. Big banks tend to adjust deposit rates more slowly than online banks, which is part of why their GICs trail.

TD Special Offer GICs: 14-month, 18-month and 100-day

TD’s Special Offer GICs are where its highest short-term rates usually are. At our latest check there were three:

• 14-month and 18-month non-cashable specials, paying 3.05% and 4.00%. TD offers them in a TFSA, RRSP, FHSA, RRIF, RESP or non-registered plan, at the same rate for every amount.
• A 100-day cashable special at 1.80%, offered in a TFSA, RRSP, RRIF, FHSA or non-registered plan.

The odd terms are deliberate: a 14- or 18-month special does not line up with the 1- and 2-year rows of the posted table, so compare it by its yearly rate, not its term. Check it against the posted rates for the nearest terms in the table above (TD’s posted 2-year rate was 3.20% at our latest check): a special is not automatically TD’s best deal for your time frame. Specials are offered for a limited time and can end without notice; before you buy, ask what rate the GIC renews at when the term ends.

TD non-cashable GICs

TD’s standard non-cashable GIC is the Long-Term GIC, sold with simple interest or compound interest at the same rates, in one- to five-year terms. TD offers it in a TFSA, RRSP, RRIF, RESP, FHSA and non-registered plan, so the registered versions pay the same rate. Money is locked in until maturity.

For shorter periods, TD’s short-term GIC runs from 30 to 270 days and pays interest at maturity; at our latest check it paid 2.05% for 90 days and 2.40% for nine months. TD says interest on its GICs is paid annually, quarterly or at maturity depending on the GIC, so check the payout option when you buy.

TD cashable GICs

A cashable GIC lets you take your money out before maturity, and TD charges for that flexibility with a lower rate. At our latest check:

• the TD 1 Year Cashable GIC paid 1.75%, against 3.00% for TD’s 1-year non-cashable GIC;
• the TD 3-Year Premium Rate Cashable GIC paid 2.50% (TFSA, RRSP and non-registered);
• the 5-Year Stepper GIC, a one-year GIC that renews four times at a rate that rises each year, worked out to 0.88% a year on average by TD’s own figure.

If there is a real chance you will need the money early, a cashable GIC is cheaper than breaking a non-cashable one, which usually is not possible at all. If you will not need it, the non-cashable rate pays noticeably more. A high-interest savings account is the other option for money you may need: see the TD savings rates below and our best high-interest savings accounts in Canada.

TD Market Growth GICs

TD’s Market Growth GICs, such as the Canadian Banks GIC, the Canadian Banking & Utilities GIC and the U.S. Top 500 GIC, guarantee your deposit but tie the return to the stock market. TD publishes a guaranteed minimum and a maximum for each, and both are total returns over the whole term, not yearly rates. At our latest check the 5-year Canadian Banks GIC guaranteed at least 10.00% in total over five years, with a cap of 25.00%.

Spread over five years, a guaranteed minimum like that is usually well under the yearly rate of TD’s own 5-year non-cashable GIC, and the maximum is reached only if the market does well. That is why we never rank market-linked GICs against fixed-rate ones: they are a bet on the market with your principal protected, not a savings rate.

TD TFSA and RRSP GICs

TD sells its Long-Term GIC and its Special Offer GICs in registered plans at the same rates as the non-registered versions, so holding a TD GIC in a TFSA costs you nothing in rate and keeps all of the interest tax-free. TD’s High Interest TFSA Savings Account paid 0.30% at our latest check, far less than a TFSA GIC, so leaving TFSA money in that account is expensive. Our TFSA GICs guide explains how registered GICs work and how online banks compare.

TD US-dollar GICs

TD sells US-dollar GICs in non-registered plans only: a non-cashable US-dollar GIC for one to five years, a one-year cashable version and short US-dollar term deposits. At our latest check the 1-year US-dollar GIC paid 3.90%, more than TD’s Canadian-dollar rate. If you will spend the money in Canadian dollars, a move in the exchange rate can wipe out that difference.

TD savings accounts: ePremium and Growth Savings

TD’s savings accounts pay tiered rates that apply to your whole balance in each tier. At our latest check:

• TD ePremium Savings Account: 0.55% on a balance of $10,000 or more, and nothing below $10,000.
• TD Growth Savings Account: 0.50% standard on $10,000 to $99,999, or 1.00% with TD’s Boosted Rate, which needs an eligible TD chequing account and two of three monthly transactions (direct deposit, online bill payment, pre-authorized debit).
• TD Every Day Savings Account: 0.01%.

Even TD’s best savings rate is a fraction of what online banks pay with no conditions; our weekly ranking of high-interest savings accounts shows the gap.

TD in our weekly rate reports

Our weekly reports cover TD alongside every other bank we track, including TD’s place in the Big Six column. Reports that cover a TD rate change are listed here.

All weekly GIC rate reports →

TD GIC rates vs online banks

TD’s GIC rates are in line with the other Big Six banks, and online banks pay more. At this week’s check the highest 1-year rate we found was WealthONE at 4.05% and the highest 5-year WealthONE at 4.55%, both standard rates with no conditions, against TD’s posted 3.00% and 3.55%. Our best GIC rates in Canada page ranks the top rates every week, and our reviews of Oaken GIC rates, EQ Bank GIC rates and CIBC GIC rates cover the banks most often compared with TD.

Is TD safe? How CDIC coverage works at TD

Yes. Three member institutions of the Canada Deposit Insurance Corporation operate under the TD Canada Trust name: The Toronto-Dominion Bank, TD Mortgage Corporation and TD Pacific Mortgage Corporation (CDIC member list, checked November 2, 2026). CDIC insures eligible deposits, including GICs, up to $100,000 per insured category at each member institution, so the institution named on your GIC confirmation decides which limit your deposit counts against. An online bank’s CDIC-member deposits have exactly the same protection.

When TD is the right choice, and when it is not

TD makes sense if you want everything at one bank, prefer to buy in a branch, already hold a TD TFSA or RRSP, or have spotted a Special Offer GIC that beats TD’s own posted rate for the term you want. It is the wrong choice if you are simply after the highest rate on money you will not need: for the same term and the same CDIC protection, an online bank has paid noticeably more at every check we have made.

Frequently asked questions