Comparison chart

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Last updated: January 18, 2012

This chart summarizes Canadian high interest savings account rates and is for informational purposes only. The rates are subject to change and there are more features to an account than its rate. Always be sure to check the specific banks’ websites and do your research about a bank account!

Please post any errors in the forum and they will be corrected ASAP.

Click on a rate to see the rate history. Rates are listed when perceived on this site as being changed. Exact dates of change will vary.

Bank Account Rate TFSA rate   QB CU OB
AcceleRate Financial AcceleRate Savings 2.10%

 2.10%

 Forum Y MB Y
Achieva Financial Achieva Savings 2.00%

 2.00%

 Forum Y MB Y
Ally High Interest Savings 2.00%

 2.00%

 Forum Y
Canadian Direct Financial KeyRate Savings Account 2.00%

 3.00%

 Forum Y
Canadian Tire Financial High Interest Savings 2.00%

 2.75%

 Forum Y
Hubert Financial Happy Savings Account 2.00%

 2.00%

 Forum MB Y
ICICI Bank HiSAVE Savings Account 1.60%

 2.00%

 Forum Y Y
ING Direct Investment Savings Account 1.50%

 2.00%

 Forum Y Y
Manulife Bank Advantage Account 1.75%

 2.25%

 Forum Y Y
MAXA Financial MAXA Savings 2.00%

 2.00%

 Forum Y MB Y
Outlook Financial High Interest Savings Account 2.00%

 2.00%

 Forum Y MB Y
PC Financial Interest Plus 1.50% *

 1.50%

 Forum Y
Peoples Trust Peoples Choice e-Savings Account 2.10%

 3.00%

 Forum Y

QB = Available in Quebec
CU = Credit Union, insured by the relevant province’s credit union deposit insurance rather than the CDIC
OB = Online Banking

* On balances over $1,000. If you carry $1,000 or less, the rate is 0.40%