Saven Financial GIC & Savings Rates
Rates last updated Nov 7, 2026
Saven Financial's best GIC rate is currently 4.50% on its 5-Year GIC, and its high interest savings account pays 3.00%. It has the best tracked rate in 1 of the 7 GIC terms we monitor.
Deposits at Saven Financial (opens in a new tab) are insured by the Financial Services Regulatory Authority of Ontario (FSRA), which insures eligible deposits at Ontario credit unions up to $250,000 per depositor at each credit union for non-registered deposits, and with no limit for deposits in registered accounts. Learn more at fsrao.ca (opens in a new tab).
Saven Financial is available to residents of every province and territory except Quebec.
Saven Financial GIC Rates by Term
| Product | Rate | Interest Paid | Min. Investment | Best Tracked Rate |
|---|---|---|---|---|
| 4-Month GIC (opens in a new tab) | 3.00% | Annual | None | Best rate ✓ |
| 6-Month GIC (opens in a new tab) | 2.75% | Annual | None | 3.01% at Tru Cooperative Bank |
| 1-Year GIC (opens in a new tab) | 4.00% | Annual | None | 4.25% at Haventree Bank |
| 2-Year GIC (opens in a new tab) | 4.25% | Annual | None | 4.30% at Wealth One Bank of Canada |
| 3-Year GIC (opens in a new tab) | 4.30% | Annual | None | 4.40% at Wealth One Bank of Canada |
| 4-Year GIC (opens in a new tab) | 4.35% | Annual | None | 4.45% at Wealth One Bank of Canada |
| 5-Year GIC (opens in a new tab) | 4.50% | Annual | None | 4.55% at Wealth One Bank of Canada |
Saven Financial Savings Account Rates
| Product | Rate | Interest Paid | Min. Investment | Best Tracked Rate |
|---|---|---|---|---|
| High Interest Savings (opens in a new tab) | 3.00% | — | None | Best rate ✓ |
Compare Before You Commit
Rates change frequently and the leader varies by term. See today's best GIC and HISA rates, view every institution side by side in the deposit rate comparison, or estimate your return with the GIC calculator.
Saven Financial Rates: Frequently Asked Questions
What is Saven Financial's best GIC rate right now?
Saven Financial's best GIC rate is currently 4.50% on its 5-Year GIC (as of Nov 7, 2026). The best tracked rate for the same term in Canada is 4.55% from Wealth One Bank of Canada.
What is Saven Financial's 1-year GIC rate?
Saven Financial currently pays 4.00% on a 1-year non-registered GIC (as of Nov 7, 2026). The best 1-year GIC rate we track in Canada is 4.25% from Haventree Bank.
Are Saven Financial GICs and deposits insured?
Yes. Eligible deposits at Saven Financial are protected by the Financial Services Regulatory Authority of Ontario (FSRA), which insures eligible deposits at Ontario credit unions up to $250,000 per depositor at each credit union for non-registered deposits, and with no limit for deposits in registered accounts. Saven Financial and FirstOntario Credit Union are one credit union, so eligible deposits at both count toward a single FSRA limit.
Who can open an account with Saven Financial?
Residents of every province and territory except Quebec can open an account with Saven Financial.
Does Saven Financial offer a high interest savings account?
Yes. Saven Financial's high interest savings account currently pays 3.00% (as of Nov 7, 2026). The best HISA rate we track is 3.00% from Saven Financial.
How do Saven Financial's GIC rates compare to other Canadian banks?
Saven Financial currently has the best tracked rate in 1 of the 7 GIC terms we monitor. Use our side-by-side rate comparison to see how Saven Financial stacks up against 37 other Canadian institutions across every term.
GIC Rates at Other Canadian Institutions
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Rates shown are for non-registered CAD deposits and may not reflect promotional or registered-plan offers. Always verify current rates with Saven Financial (opens in a new tab) before making any decisions.
How we collect rates: We regularly collect rates from publicly available information published by financial institutions, with automated checks and periodic spot checks for accuracy.