Best TD GIC Rates for October 2025

MySense

by Siddhi Bagwe Oct 1, 2025

Toronto-Dominion Bank, commonly referred to as TD Bank, was founded in 1855. Since then, TD Bank has expanded globally, increased its product line, and acquired other financial institutions. TD Bank is now recognized as one of the Big 6 Banks in Canada.

TD’s current GIC rates

Below are TD Bank GIC rates for some of TD Bank’s most popular GICs, as of Oct. 1, 2025.

The GIC rates for non-redeemable GICs are based on annually compounded interest and the market-linked GIC rates include the minimum guaranteed return and the maximum full-term return.

Term	Interest Rate	GIC Type
1 - 29 days	Up to 3.30%	TD U.S. Dollar Term Deposit
30 days	2.25%	TD Non-Cashable Short-term GIC
30 - 59 days	3.00%, up to 3.15%	TD U.S. Dollar Term Deposit
60 days	2.25%	TD Non-Cashable Short-term GIC
60 - 89 days	3.05%, up to 3.25%	TD U.S. Dollar Term Deposit
90 days	2.25%	TD Non-Cashable Short-term GIC
90 - 119 days	3.10%, up to 3.30%	TD U.S. Dollar Term Deposit
100-days	Up to 2.50%	TD Cashable GIC - Special Offer
120 days	2.25%	TD Non-Cashable Short-term GIC
120 - 179 days	3.15%, up to 3.35%	TD U.S. Dollar Term Deposit
180 days	2.15%	TD Non-Cashable Short-term GIC
180 - 269 days	3.15%, up to 3.35%	TD U.S. Dollar Term Deposit
270 days	2.10%	TD Non-Cashable Short-term GIC
270 - 369 days	3.15%, up to 3.35%	TD U.S. Dollar Term Deposit
1 year	2.80%	TD Non-Cashable Long-term GIC
1 year	4.05%	TD U.S. Dollar Long-term GIC – Non-Cashable
1 year	2.50%	TD 1 Year US Dollar Cashable GIC
1 year	2.00%	TD 1 Year Cashable GIC
14 months	Up to 2.85%	TD Non-Cashable GIC - Special Offer
18-month	Up to 3.00%	TD Non-Cashable GIC - Special Offer
2 years	2.85%	TD Non-Cashable Long-term GIC
3 years	3.65%	TD U.S. Dollar Long-term GIC – Non-Cashable
2 years	3.80%	TD U.S. Dollar Long-term GIC – Non-Cashable
3 years	2.90%	TD Non-Cashable Long-term GIC
3 years	2.75%	TD 3-year Premium Rate Cashable GIC - Special Offer
3 years	1.00%, up to 30.00%	TD Canadian Banking & Utilities GIC
3 years	4.00%, up to 20.00%	TD Canadian Banks GIC
3 years	2.25%, up to 12.00%	TD U.S. Top 500 GIC
4 years	3.75%	TD U.S. Dollar Long-term GIC – Non-Cashable
4 years	3.00%	TD Non-Cashable Long-term GIC
5 years	3.75%	TD U.S. Dollar Long-term GIC – Non-Cashable
5 years	3.25%	TD Non-Cashable Long-term GIC
5 years	2.00%, up to 55.00%	TD Canadian Banking & Utilities GIC
5 years	10.00%, up to 32.00%	TD Canadian Banks GIC
5 years	5.00%, up to 20.00%	TD U.S. Top 500 GIC

The best TD GIC Rates[

Account	Interest rate	Minimum deposit	Term
TD 3-Year Premium Rate Cashable GIC
	2.75% As of September 17, 2025	$1,000	3 Years
TD 1 Year Cashable GIC
	2.25% As of September 17, 2025	$1,000	1 Year
TD Special Offer 14 Months Non-Cashable GIC
	2.90% Promotional rate	$500	14 Months
TD Canadian Banks 3 Year GIC
	4.00%-20.00% As of September 17, 2025	$500	3 Years
TD US Dollar 270 to 369 Days Term Deposit
	Up to 3.35% As of September 17, 2025	$5,000 USD	270 to 369 Days

What to know about TD Bank GICs

Included in TD Bank’s wide product offering are guaranteed investment certificates, or GICs. TD Bank GICs typically offer competitive interest rates and flexible terms. In addition, GIC deposits with TD Bank are covered up to $100,000, thanks to Canadian Deposit Insurance Corporation (CDIC) protection.

How to choose an TD Bank GIC

When choosing a TD Bank GIC, consider the following:

• Interest rates.
• Available terms.
• Types of GICs.
  
  

GICs are a low-risk investment. The returns might not be as high as what’s possible with other types of investments, but your principal investment is always guaranteed. And with interest rates on the risee in Canada as of late, TD GIC rates have become a very attractive option for those looking to grow their savings.

Generally, GICs are an attractive choice for people who have a short investment timeframe or want to grow their wealth without risking it.

Since GICs can be purchased within your Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP), there are tax benefits to take advantage of as well.

Alternatively, you can purchase GICs in a non-registered account since they can still provide you with a good interest rate.

Types of TD Bank GICs

TD Bank offers five types of GICs. Each one has different interest rates, terms available, and options, so you should have no problem finding one that suits your needs.

• Market Growth GICs: The amount of interest you’ll earn is linked to market performance, but your principal investment is guaranteed with a minimum TD GIC rate.
• TD Special Offer GICs: These fixed-rate GICs have competitive rates and can be automatically renewed.
• Cashable GICs: With cashable GICs, you can access your money anytime while earning a guaranteed return.
• Non-Cashable GICs: If you’re willing to lock in your money for a set term, you can get a higher interest rate with non-cashable GICs.
• TD U.S. Dollar GICs & Term deposits: You can purchase U.S. dollar GICs in a non-registered account with TD.
  
  

TD Bank GIC terms

TD Bank offers flexible GIC terms, including:

• Short terms (1 day to 1 year).
• Mid-length term (2 – 4 years).
• Long term (5 years).
  
  

Yes, you read that correctly: TD Bank offers GIC terms as short as one day, but only with a minimum deposit of at least $100,000 USD. Generally, the longer term you take, the higher your TD GIC rates will be, and the more you’ll earn.

Alternatives to TD Bank GICs

Even though TD Bank offers competitive GICs, look for the best GIC rates that other banks and credit unions are offering.

If you want a GIC from a different bank

If TD Bank GICs aren’t quite what you’re looking for, consider some other Big Banks:

	Minimum deposit	Are deposits insured?
Best RBC GICs	Starting at $500	Yes, by the Canada Deposit Insurance Corporation.
Best National Bank GICs	Starting at $500	Yes, by the Canada Deposit Insurance Corporation.
Best BMO GICs	Starting at $1,000	Yes, by the Canada Deposit Insurance Corporation.
Best CIBC GICs	Starting at $500	Yes, by the Canada Deposit Insurance Corporation.
Best Scotiabank GICs	Starting at $500	Yes, by the Canada Deposit Insurance Corporation.

You could consider digital banks for the variety of GIC offering with competitive standard and bonus rates:

• EQ Bank GICs often have high interest rates compared to traditional banks.
• Simplii Financial GICs held in RRSP and non-registered accounts for attractive interest rates.
• Tangerine GICs are competitive, and offer wide range of terms and types of investment options.
  
  

[Notice]: the content has been edited by trimming out some unrelated content for better focused.