Comparison chart

Last updated: July 11, 2025

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’ / financial brands’ 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. If a rate change was announced in advance, the chart will show the rate up to two weeks in advance.

Filter by availability per province:

Brand Account Rate TFSA rate   CU Excl
Achieva Financial Achieva Savings 2.10% 2.10% Forum MB
Alterna Bank High Interest eSavings 1.25% 1.25% Forum
Bridgewater Bank* Smart eSavings 2.80% Forum No QC
Canadian Tire Bank High Interest Savings 2.40% 2.40% Forum No QC
EQ Bank Personal Account 1.25% 1.75% Forum
Hubert Financial Happy Savings 2.00% 2.00% Forum MB No QC
Laurentian Bank** High Interest Savings 2.20% 2.20% Forum
Manulife Bank Advantage Account 1.75% 1.05% Forum
MAXA Financial MAXA Savings 1.85% 1.85% Forum MB
Motive Financial Motive Savvy Savings 2.25% 2.25% Forum No QC
Neo Financial Neo Cash 2.50% Forum
Oaken Financial Oaken Savings 2.80% 2.80% Forum
Outlook Financial High Interest Savings 1.85% 1.85% Forum MB
PC Financial PC Money 3.10% Forum
Peoples Trust*** e-Savings 1.75% 1.75% Forum
Saven Financial High Interest Savings 2.80% 2.90% Forum ON No QC
Wealth One Bank of Canada High Interest Savings 3.10% 3.10% Forum No QC
Wealthsimple Chequing 1.75% 1.75% Forum

CU = Credit Union, insured by the relevant province’s credit union deposit insurance rather than the CDIC
Excl = Provincial exclusions
* Bridgewater Bank has no online banking interface
** Terms and conditions apply
*** Peoples Bank has the same parent company as Peoples Trust and offers the same interest rates
General criteria for inclusion on the chart

Recent changes

  • July 10: Canadian Tire Bank decreases its regular savings account and TFSA interest rate from 2.75% to 2.40%
  • May 20: Hubert Financial increases its regular savings account and TFSA interest rate to 2.00% (from 1.60% and 1.65%)
  • May 15: PC Financial decreases its regular savings account interest rate from 3.50% to 3.10%
  • May 7: Neo Financial decreases its regular savings account interest rate from 3.00% to 2.50%

Get monthly updates on bank promos and rate changes

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