Last updated: November 29, 2020
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! See also the GIC comparison chart.
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.
QC = Available in Quebec
CU = Credit Union, insured by the relevant province’s credit union deposit insurance rather than the CDIC
OB = Online Banking
General criteria for inclusion on the chart
- November 29: Peoples Trust decreases its regular savings and TFSA interest rate from 1.35% to 1.30%
- November 9: Implicity Financial increases its regular savings account and TFSA interest rate from 1.30% to 1.35%
- November 3: Ideal Savings decreases its regular savings account and TFSA interest rate from 1.31% to 1.21%
- November 2: Peoples Trust decreases its regular savings and TFSA interest rate from 1.50% to 1.35%