Banking · GIC review
Achieva Financial GIC review
A Manitoba credit union that quietly posts one of the highest GIC rates in the country, backed by an unlimited provincial guarantee that any Canadian can use.
Best for: Rate-hunters who want a top return with no $100,000 insurance ceiling
Pros
- Frequently posts the highest 1-year GIC rate in our table
- Unlimited Manitoba deposit guarantee — open to all Canadians, not just residents
- TFSA, RRSP, RRIF and non-registered GICs, plus no-fee daily accounts
- Online-only, so no branch overhead eating into your rate
Cons
- $1,000 minimum to open
- Provincial guarantee (Manitoba), not CDIC — a different backstop than a bank
- No-frills, fully digital experience — no branches or app polish to speak of
Who Achieva Financial is
Achieva Financial is the online deposit arm of Cambrian Credit Union, one of Manitoba's largest credit unions. Like its Manitoba peer Hubert, Achieva is open to Canadians anywhere — you do not have to live in Manitoba to join — which is what makes its rates nationally relevant.
It is a lean, online-only operation built around one promise: pay high rates on savings and GICs without branches or monthly fees getting in the way. For a saver who cares about the number and not the app, that is the entire appeal.
The rates — often the table-topper
Achieva regularly posts the highest 1-year non-redeemable rate in our comparison, and it stays competitive right out to the 5-year term. It is not an occasional promo — it is a permanent fixture near the top.
For a lump sum you are confident you can lock away, Achieva belongs on your shortlist every time. Check today's figure against the full field on our best GIC rates page, and model a ladder if you want access to your money along the way.
Coverage: unlimited, and open to all
Achieva deposits are guaranteed by the Deposit Guarantee Corporation of Manitoba, which covers Manitoba credit-union deposits 100% with no dollar limit. There is no $100,000 ceiling — your entire balance, principal and interest, is guaranteed.
Because Achieva is open to all Canadians, this is one of the simplest ways for a large balance to stay fully insured without splitting it across institutions. The trade-off is that this is a provincial guarantee, not the federal CDIC scheme — see our CDIC guide for how the two compare.
Frequently asked questions
What are Achieva Financial's GIC rates today?
As of June 13, 2026, Achieva Financial posts 3.60% on a 1-year term, 3.65% on a 2-year term, 3.70% on a 3-year term, 3.75% on a 4-year term, 4.05% on a 5-year term on non-redeemable GICs. Rates change without notice — see how they compare against every issuer on our best GIC rates table, refreshed daily.
What is the minimum to open a Achieva Financial GIC?
$1,000. Achieva Financial also offers registered versions, so you can hold these GICs inside a TFSA, RRSP or RRIF.
Are Achieva Financial GICs protected if the bank fails?
Manitoba credit-union deposits are 100% guaranteed with no dollar limit by the Deposit Guarantee Corporation of Manitoba. See our deposit-insurance guide for how to structure larger amounts.
The bottom line
Achieva Financial is a rate-hunter's pick that punches well above its profile: a perennially top rate paired with an unlimited guarantee any Canadian can use. If you are comfortable with a provincial backstop instead of CDIC, it is especially compelling for balances over $100,000. See where its rate sits today on the comparison table.
Ready to compare Achieva Financial against the field?
See where its rate sits today across every issuer and term.
This review is for educational purposes only and is not financial advice. Rates shown are posted non-redeemable rates compiled by hand and last checked June 13, 2026; they change frequently. Our editorial rating reflects rate competitiveness, coverage, minimums, and account features — it is never paid for. Confirm current rates, terms, and CDIC or provincial deposit-insurance details on the issuer's website before investing. See our methodology for how we rate products and make money.