A summary of the latest news and discussions on highinterestsavings.ca. See also the promotions page.
November 2021
- Oaken Financial increases its regular savings account interest rate from 1.20% to 1.25%
- Outlook Financial decreases its regular savings account and TFSA interest rate from 1.10% to 1.00%
- Hubert Financial increases its TFSA interest rate from 1.00% to 1.10%
- AcceleRate Financial decreases its regular savings account and TFSA interest rate from 1.15% to 1.10%
- motusbank increases its TFSA interest rate from 1.10% to 1.25%
- Oaken Financial increases its regular savings account interest rate from 1.15% to 1.20%
October 2021
- Motive Financial decreases its regular savings account and TFSA interest rate from 1.25% to 1.10%
- AcceleRate Financial decreases its regular savings account and TFSA interest rate from 1.20% to 1.15%
Septmeber 2021
August 2021
- Alterna Bank decreases its regular savings account and TFSA interest rate from 1.00% to 0.90%
- Saven Financial decreases its regular savings account interest rate from 1.55% to 1.35%
- Peoples Trust decreases its regular savings account and TFSA interest rate from 1.15% to 1.10%
- Implicity Financial decreases its regular savings account and TFSA interest rate from 1.30% to 1.10%
- Achieva Financial decreases its regular savings account and TFSA interest rate from 1.20% to 1.10%
July 2021
- Canadian Tire Bank decreases its regular savings account and TFSA interest rate from 1.55% to 1.25%
- Implicity Financial increases its regular savings account and TFSA interest rate from 1.20% to 1.30%
June 2021
- Implicity Financial increases its regular savings account and TFSA interest rate from 1.10% to 1.20%
- Hubert Financial increases its regular savings account interest rate from 1.00% to 1.25%
- LBC Digital decreases its regular savings account interest rate from 1.20% to 1.15%
- EQ Bank launches a USD account with a 1.00% interest rate
- MAXA Financial decreases its regular savings account and TFSA interest rate from 1.10% to 1.00%
May 2021
- Bridgewater Bank decreases its regular savings account interest rate from 1.45% to 1.20%
- Neo Financial decreases its regular savings account interest rate from 1.55% to 1.30%
- Alterna Bank decreases its regular savings account and TFSA interest rate from 1.10% to 1.00%
- Wealth One Bank of Canada decreases its regular savings account interest rate from 1.50% to 1.25%
- Peoples Trust decreases its regular savings account and TFSA interest rate from 1.20% to 1.15%
- EQ Bank decreases its TFSA interest rate from 2.30% to 1.25%
April 2021
- EQ Bank decreases its regular savings account interest rate from 1.50% to 1.25%
- Oaken Financial decreases its regular savings account interest rate from 1.25% to 1.15%
- LBC Digital decreases its regular savings account interest rate from 1.30% to 1.20%
- Canadian Tire Bank decreases its regular savings account and TFSA interest rate from 1.80% to 1.55%
- Alterna Bank decreases its regular savings account and TFSA interest rate from 1.20% to 1.10%
March 2021
- Bridgewater Bank decreases its regular savings account interest rate from 1.55% to 1.45%
- LBC Digital decreases its regular savings account interest rate from 1.40% to 1.30%
- MAXA Financial decreases its regular savings account and TFSA interest rate from 1.20% to 1.10%
- Motive Financial decreases its regular savings account and TFSA interest rate from 1.55% to 1.25%
- Peoples Trust decreases its regular savings account and TFSA interest rate from 1.30% to 1.20%
- Implicity Financial decreases its regular savings account and TFSA interest rate from 1.20% to 1.10%
- Outlook Financial decreases its regular savings account and TFSA interest rate from 1.20% to 1.10%
December 2020
- Hubert Financial decreases its regular savings account and TFSA interest rate from 1.20% to 1.00%
- LBC Digital decreases its regular savings account interest rate from 1.50% to 1.40%
- Hubert Financial decreases its regular savings account and TFSA interest rate from 1.30% to 1.20%
- Ideal Savings decreases its regular savings account and TFSA interest rate from 1.21% to 1.01%
- Implicity Financial decreases its regular savings account and TFSA interest rate from 1.35% to 1.20%
- AcceleRate Financial decreases its regular savings account and TFSA interest rate from 1.30% to 1.20%
- Outlook Financial decreases its regular savings account and TFSA interest rate from 1.30% to 1.20%
- Achieva Financial decreases its regular savings account and TFSA interest rate from 1.30% to 1.20%
November 2020
- Peoples Trust decreases its regular savings and TFSA interest rate from 1.35% to 1.30%
- EQ Bank launches TFSA and RRSP savings accounts with a 2.30% interest rate
- Implicity Financial increases its regular savings account and TFSA interest rate from 1.30% to 1.35%
- Ideal Savings decreases its regular savings account and TFSA interest rate from 1.31% to 1.21%
- Peoples Trust decreases its regular savings and TFSA interest rate from 1.50% to 1.35%
October 2020
- Hubert Financial decreases its regular savings account and TFSA interest rate from 1.40% to 1.30%
- Wealth One Bank of Canada decreases its regular savings account and TFSA interest rate from 1.60% to 1.50%
- Bridgewater Bank decreases its savings account interest rate from 1.75% to 1.55%
- Motive Financial decreases its regular savings account and TFSA interest rate from 1.75% to 1.55%
- Oaken Financial decreases its savings account interest rate from 1.40% to 1.25%
- Accelerate Financial decreases its regular savings account and TFSA interest rate from 1.50% to 1.30%
- Hubert Financial decreases its regular savings account and TFSA interest rate from 1.50% to 1.40%
- EQ Bank decreases its savings account interest rate from 1.70% to 1.50%
- MAXA Financial decreases its regular savings account and TFSA interest rate from 1.50% to 1.30%
- Outlook Financial decreases its regular savings account and TFSA interest rate from 1.50% to 1.30%
- Alterna Bank decreases its regular savings account and TFSA interest rate from 1.40% to 1.20%
- Peoples Trust decreases its regular savings account and TFSA interest rate from 1.60% to 1.50%
- Achieva Financial decreases its regular savings account and TFSA interest rate from 1.50% to 1.30%
September 2020
- Implicity Financial decreases its regular savings account and TFSA interest rate from 1.40% to 1.30%
- MAXA Financial decreases its regular savings account and TFSA interest rate from 1.60% to 1.50%
- Ideal Savings decreases its regular savings account and TFSA interest rate from 1.46% to 1.31%
- motusbank decreases its regular savings account interest rate from 1.30% to 1.00%; TFSA down from 1.50% to 1.10%
- PC Financial is back with a no-fee account called PC Money — part chequing account, part Mastercard
- LBC Digital decreases its savings account interest rate from 1.65% to 1.50%
- Implicity Financial decreases its regular savings account and TFSA interest rate from 1.50% to 1.40%
- Peoples Trust decreases its regular savings account and TFSA interest rate from 1.75% to 1.60%
- Oaken Financial decreases its regular savings account interest rate from 1.50% to 1.40%
August 2020
- Hubert Financial decreases its regular savings account and TFSA interest rate from 1.60% to 1.50%
- motusbank decreases its regular savings account interest rate from 1.40% to 1.30%; TFSA down from 1.60% to 1.50%
- MAXA Financial decreases its regular savings account and TFSA interest rate from 1.80% to 1.60%
- Implicity Financial decreases its regular savings account and TFSA interest rate from 1.60% to 1.50%
- Alterna Bank decreases its regular savings account and TFSA interest rate from 1.50% to 1.40%
- Wealth One Bank of Canada decreases its regular savings account and TFSA interest rate from 1.75% to 1.60%
- Ideal Savings decreases its regular savings account and TFSA interest rate from 1.61% to 1.46%
- AcceleRate Financial decreases its regular savings account and TFSA interest rate from 1.75% to 1.50%
- Bridgewater Bank decreases its regular savings account interest rate from 2.10% to 1.75%
- Hubert Financial decreases its regular savings account and TFSA interest rates from 1.75% to 1.60%
- EQ Bank decreases its regular savings account interest rate from 2.00% to 1.70%
- Peoples Trust decreases its regular savings account and TFSA interest rates from 1.80% to 1.75%
- Outlook Financial decreases its regular savings account and TFSA interest rates from 1.75% to 1.50%
- Achieva Financial decreases its regular savings account and TFSA interest rates from 1.75% to 1.50%
July 2020
- Ideal Savings decreases its regular savings account and TFSA interest rates from 1.76% to 1.61%
- Motive Financial decreases its regular savings account and TFSA interest rates from 2.05% to 1.75%
- Alterna Bank decreases its regular savings account and TFSA interest rates from 1.69% to 1.50%
- Hubert Financial decreases its regular savings account and TFSA interest rates from 1.80% to 1.75%
- Implicity Financial decreases its regular savings account and TFSA interest rates from 1.75% to 1.60%
- Oaken Financial decreases its regular savings account interest rate from 1.65% to 1.50%
- motusbank decreases its regular savings account interest rate from 1.65% to 1.40%; its TFSA is down from 1.75% to 1.60%
- LBC Digital decreases its regular savings account interest rate from 2.05% to 1.65%
- Peoples Trust decreases its regular savings account and TFSA interest rates from 2.00% to 1.80%
June 2020
- EQ Bank now has joint accounts
- MAXA Financial decreases its regular savings account and TFSA interest rates from 2.00% to 1.80%
- Hubert Financial decreases its regular savings account and TFSA interest rates from 1.90% to 1.80%
- Alterna Bank decreases its regular savings account and TFSA interest rates from 1.80% to 1.69%
- Ideal Savings decreases its regular savings account and TFSA interest rates from 2.01% to 1.76%
- AcceleRate Financial decreases its regular savings account and TFSA interest rates from 2.00% to 1.75%
- Implicity Financial decreases its regular savings account and TFSA interest rates from 2.00% to 1.75%
- motusbank decreases its regular savings account interest rate from 1.65% to 1.55%; TFSA down from 1.85% to 1.75%
- Alterna Bank decreases its regular savings account and TFSA interest rates from 1.90% to 1.80%
- Achieva Financial decreases its regular savings account and TFSA interest rates from 2.00% to 1.75%
- Outlook Financial decreases its regular savings account and TFSA interest rates from 2.00% to 1.75%
- Hubert Financial decreases its regular savings account and TFSA interest rates from 2.00% to 1.90%
- LBC Digital decreases its regular savings account interest rate from 2.25% to 2.05%
- Oaken Financial decreases its regular savings account interest rate from 2.00% to 1.65%
May 2020
- Motive Financial decreases its regular savings account and TFSA interest rates from 2.20% to 2.05%
- Wealth One Bank of Canada decreases its regular savings account and TFSA interest rates from 2.00% to 1.75%
April 2020
- Alterna Savings decreases its regular savings account and TFSA interest rates from 2.00% to 1.90%
- Canadian Tire Bank increases its regular savings account interest rate from 1.50% to 1.80%
- Ideal Savings decreases its regular savings account and TFSA interest rates from 2.11% to 2.01%
- Peoples Trust increases its regular savings account and TFSA interest rates from 1.80% to 2.00%
- MAXA Financial decreases its regular savings and TFSA interest rates from 2.10% to 2.00%
- Implicity Financial decreases its regular savings account and TFSA interest rates from 2.10% to 2.00%
March 2020
- Peoples Trust decreases its regular savings and TFSA interest rates from 2.00% to 1.80%
- MAXA Financial decreases its regular savings and TFSA interest rates from 2.40% to 2.10%
- Outlook Financial decreases its regular savings and TFSA interest rates from 2.40% to 2.00%
- EQ Bank decreases its regular savings account interest rate from 2.45% to 2.00%
- Motive Financial decreases its regular savings interest rate from 2.80% to 2.20%; TFSA from 2.40% to 2.20%
- Implicity Financial decreases its regular savings and TFSA interest rates from 2.30% to 2.10%
- motusbank decreases its regular savings interest rate from 2.10% to 1.75%; TFSA from 2.35% to 2.00%
- Oaken Financial decreases its regular savings account interest rate from 2.30% to 2.00%
- Wealth One Bank of Canada decreases its regular savings and TFSA interest rates from 2.30% to 2.00%
- Bridgewater Bank decreases its regular savings account interest rate from 2.35% to 2.10%
- LBC Digital decreases its regular savings account interest rate from 2.80% to 2.25%
- Achieva Financial decreases its regular savings and TFSA interest rates from 2.30% to 2.00%
- Hubert Financial decreases its regular savings and TFSA interest rates from 2.25% to 2.00%
- AcceleRate Financial decreases its regular savings and TFSA interest rates from 2.30% to 2.00%
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