Banking · GIC review
Home Trust GIC review
A long-established deposit-taking trust company with competitive rates across every term — solid, if less flashy than its Oaken sibling.
Best for: Savers who want a dependable, broadly available issuer across all terms
Pros
- Competitive rates across the full 1- to 5-year curve
- Long-standing, federally regulated trust company
- Available directly and through deposit brokers
- CDIC-insured on eligible deposits
Cons
- $1,000 minimum to open
- Shares a corporate family with Oaken — coverage overlaps if you hold both
- Less of a consumer-facing brand than EQ or Oaken
Who Home Trust is
Home Trust is one of Canada's established deposit-taking trust companies, federally regulated and a CDIC member. It is part of the same group as Oaken, but you can also buy Home Trust GICs directly and through deposit brokers — which is how a lot of advisors place client money.
It is not a flashy consumer brand, and that is rather the point: Home Trust is a workhorse issuer that shows up reliably near the top of broker rate sheets across every term.
The rates
Home Trust posts competitive non-redeemable rates across the whole 1- to 5-year curve. It is usually a notch behind Oaken on the headline 1-year, but it is consistently in the leading group and well clear of the big banks.
Because it is widely available through deposit brokers, Home Trust is often the issuer behind a GIC your advisor recommends — worth recognising when you compare it against the direct-to-consumer names on our rate table.
A coverage caveat
One thing to watch: Home Trust and Oaken's Home Trust deposits sit under the same CDIC membership. If you already hold an Oaken GIC issued by Home Trust, a separate direct Home Trust GIC does not double your coverage — they share the same $100,000 ceiling for that category.
If you want more than $100,000 insured, pair Home Trust with an issuer in a different CDIC membership, or use Oaken's Home Bank side. Our CDIC guide explains how memberships and categories stack.
Frequently asked questions
What are Home Trust's GIC rates today?
As of June 13, 2026, Home Trust posts 3.29% on a 1-year term, 3.62% on a 2-year term, 3.84% on a 3-year term, 3.84% on a 4-year term, 3.96% 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 Home Trust GIC?
$5,000. Home Trust also offers registered versions, so you can hold these GICs inside a TFSA, RRSP or RRIF.
Are Home Trust GICs protected if the bank fails?
CDIC-insured to $100,000 per category. See our deposit-insurance guide for how to structure larger amounts.
The bottom line
Home Trust is a dependable, broadly available GIC issuer that rarely tops the table but rarely disappoints. It is a natural pick if you are buying through a deposit broker or want a long-established name across every term — just mind the shared CDIC membership with Oaken if you hold both. Compare its current rates on the best GIC rates page.
Ready to compare Home Trust 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.