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What are the current Scotiabank GIC rates?
Scotiabank consistently has above market GIC rates
Here is the latest 1,2,3,4 and 5 year rates.
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The minimum investment for Scotiabank GICs is $[wpdatatable_cell table_id="7" column_key="minimum_investment" column_id="provider" column_id_value="Scotiabank GICs" sort="1"]
Check out the GIC rates for 20+ Canadian institutions here
Scotiabank GIC Calculator
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How to get a GIC at Scotiabank?
1. Go to the GIC page at Scotiabank's website

2. If you are a new customer you will have to book an appointment to open a GIC account (told you they don't make it easy for new people!)

3. If you are a new customer you can follow this video to opening a new GIC account - it is focused on the student GIC, which they are known for, but the process is the same
https://www.youtube.com/watch?v=ZMa9mqtqae4&ab\_channel=MrBarot
4. Fund your account and purchase a GIC.
Check out our list of the Top 20 Canadian GIC rates
Explore other Canadian GIC rates:
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Christopher Liew, CFA, CFP®
Christopher is the founder of Blueprint Financial and a CTV News personal finance columnist. As a dual-designated CFA charterholder and Certified Financial Planner (CFP®), he helps Canadians reduce financial stress through clear, customized financial plans.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.


