News Digest

A summary of the latest news and discussions on highinterestsavings.ca. See also the promotions page.

July 2025

Canadian Tire Bank decreases its regular savings account and TFSA interest rate from 2.75% to 2.40%

May 2025

Neo Financial decreases its regular savings account interest rate from 3.00% to 2.50%
PC Financial decreases its regular savings account interest rate from 3.50% to 3.10%
Hubert Financial increases its regular savings account and TFSA interest rate to 2.00% (from 1.60% and 1.65%)

April 2025

Wealth One Bank of Canada increases its regular savings account and TFSA interest rate from 3.00% to 3.10%

March 2025

Achieva Financial decreases its regular savings and TFSA account interest rate from 2.3% to 2.10%
EQ Bank decreases its regular savings account interest rate from 1.50% to 1.25%; TFSA down from 2.00% to 1.75%
Hubert Financial decreases its regular savings account interest rate from 1.75% to 1.60%; TFSA down from 1.80% to 1.65%
Manulife Bank decreases its regular savings account interest rate from 1.85% to 1.75%
MAXA Financial decreases its regular savings account and TFSA interest rate from 2.00% to 1.85%
Outlook Financial decreases its regular savings account and TFSA interest rate from 2.00% to 1.85%
Wealthsimple decreases its regular savings account and TFSA interest rate from 2.00% to 1.75%
Peoples Trust decreases its regular savings account and TFSA interest rate from 2.00% to 1.75%
Laurentian Bank decreases its regular savings account and TFSA interest rate from 2.50% to 2.20%
Motive Financial decreases its regular savings account and TFSA interest rate from 2.50% to 2.25%
Saven Financial decreases its regular savings account interest rate from 3.00% to 2.80%; TFSA down from 3.40% to 2.90%
Oaken Financial decreases its regular savings account interest rate from 3.00% to 2.80%; TFSA down from 3.40% to 2.80%
Alterna Bank decreases its regular savings account and TFSA interest rate from 1.45% to 1.25%
Bridgewater Bank decreases its regular savings account interest rate from 3.00% to 2.80%

February 2025

Wealthsimple decreases its regular savings account and TFSA interest rate from 2.25% to 2.00%
EQ Bank decreases its regular savings account interest rate from 1.75% to 1.50%
Saven Financial decreases its TFSA interest rate from 3.50% to 3.40%
Bridgewater Bank decreases its regular savings account interest rate from 3.15% to 3.00%
Canadian Tire Bank decreases its regular savings account and TFSA interest rate from 3.00% to 2.75%
motusbank decreases its regular savings account and TFSA interest rate from 1.05% to 0.95%
Saven Financial decreases its regular savings account interest rate from 3.15% to 3.00%
Motive Financial decreases its regular savings account and TFSA interest rate from 2.75% to 2.50%
Wealth One Bank of Canada increases its regular savings account and TFSA interest rate from 2.50% to 3.00%

January 2025

Achieva Financial decreases its regular savings account and TFSA interest rate from 2.60% to 2.50%
Wealth One Bank of Canada decreases its regular savings account and TFSA interest rate from 3.45% to 3.20%
Wealth One Bank of Canada decreases its regular savings account and TFSA interest rate from 3.20% to 2.50%
PC Financial decreases its regular savings account interest rate from 4.00% to 3.50%
Saven Financial increases its TFSA interest rate from 3.15% to 3.50%
Achieva Financial decreases its regular savings and TFSA account interest rate from 2.50% to 2.30%
Hubert Financial decreases its regular savings account interest rate from 1.85% to 1.75%; TFSA down from 1.90% to 1.80%
Manulife Bank decreases its regular savings account interest rate from 1.95% to 1.85%
MAXA Financial decreases its regular savings account and TFSA interest rate from 2.20% to 2.00%
Outlook Financial decreases its regular savings account and TFSA interest rate from 2.20% to 2.00%
Peoples Trust decreases its regular savings account and TFSA interest rate from 2.25% to 2.00%

December 2024

motusbank decreases its regular savings account and TFSA interest rate from 1.65% to 1.35%
EQ Bank decreases its regular savings account interest rate from 2.00% to 1.75%; TFSA down from 2.50% to 2.00%
Achieva Financial decreases its regular savings account and TFSA interest rate from 3.00% to 2.60%
Manulife Bank decreases its regular savings account interest rate from 2.15% to 1.95%; TFSA down from 1.25% to 1.05%
Alterna Bank decreases its regular savings account and TFSA interest rate from 1.65% to 1.45%
Hubert Financial decreases its regular savings account interest rate from 2.35% to 1.85%; TFSA down from 2.40% to 1.90%
motusbank decreases its regular savings account and TFSA interest rate from 1.35% to 1.05%
Outlook Financial decreases its regular savings account and TFSA interest rate from 2.65% to 2.20%
Wealthsimple decreases its regular savings account and TFSA interest rate from 2.75% to 2.25%
MAXA Financial decreases its regular savings account and TFSA interest rate from 2.70% to 2.20%
Saven Financial decreases its regular savings account and TFSA interest rate from 3.40% to 3.15%
Oaken Financial decreases its regular savings account interest rate from 3.40% to 3.00%
Laurentian Bank decreases its regular savings account and TFSA interest rate from 2.75% to 2.50%
Motive Financial decreases its regular savings account and TFSA interest rate from 3.20% to 2.75%
Bridgewater Bank decreases its regular savings account interest rate from 3.40% to 3.15%

November 2024

Alterna Bank decreases its regular savings account and TFSA interest rate from 1.85% to 1.65%
Motive Financial decreases its regular savings account and TFSA interest rate from 3.60% to 3.20%
Neo Financial decreases its regular savings account interest rate from 4.00% to 3.00%
Saven Financial decreases its regular savings account and TFSA interest rate from 3.70% to 3.40%
Outlook Financial decreases its regular savings account and TFSA interest rate from 2.75% to 2.65%
Bridgewater Bank decreases its regular savings account interest rate from 3.60% to 3.40%
Canadian Tire Bank decreases its regular savings account and TFSA interest rate from 3.70% to 3.00%
Wealth One Bank of Canada decreases its regular savings account and TFSA interest rate from 3.75% to 3.45%
Laurentian Bank decreases its regular savings account and TFSA interest rate from 2.75% to 2.50%

October 2024

MAXA Financial decreases its regular savings account and TFSA interest rate from 3.25% to 3.10%
Achieva Financial decreases its regular savings account and TFSA interest rate from 3.25% to 3.00%
Hubert Financial decreases its regular savings account interest rate from 2.85% to 2.35%; TFSA down from 2.90% to 2.40%
Manulife Bank decreases its regular savings account interest rate from 2.35% to 2.15%; TFSA down from 1.45% to 1.25%
MAXA Financial decreases its regular savings account and TFSA interest rate from 3.10% to 2.70%
Wealthsimple decreases its regular savings account interest rate from 3.25% to 2.75%
Outlook Financial decreases its regular savings account and TFSA interest rate from 3.15% to 2.75%
Peoples Trust decreases its regular savings account and TFSA interest rate from 2.75% to 2.25%
EQ Bank decreases its regular savings account interest rate from 2.25% to 2.00%; TFSA down from 2.75% to 2.50%

September 2024

Achieva Financial decreases its regular savings account and TFSA interest rate from 3.35% to 3.25%
Hubert Financial decreases its regular savings account interest rate from 3.10% to 2.85%; TFSA down from 3.15% to 2.90%
EQ Bank decreases its regular savings account interest rate from 2.50% to 2.25%; TFSA down from 3.00% to 2.75%
Manulife Bank decreases its regular savings account interest rate from 2.45% to 2.35%; TFSA down from 1.85% to 1.45%
motusbank decreases its regular savings account and TFSA interest rate from 1.85% to 1.65%
Outlook Financial decreases its regular savings account and TFSA interest rate from 3.25% to 3.15%
Peoples Trust decreases its regular savings account and TFSA interest rate from 3.00% to 2.75%
Wealth One Bank of Canada increases its regular savings account and TFSA interest rate from 3.50% to 3.75%
Wealthsimple decreases its regular savings account interest rate from 3.50% to 3.25%
Alterna Bank decreases its regular savings account and TFSA interest rate from 2.00% to 1.85%
Motive Financial decreases its regular savings account and TFSA interest rate from 4.10% to 3.60%
Saven Financial decreases its regular savings account and TFSA interest rate from 3.85% to 3.70%
Laurentian Bank decreases its regular savings account and TFSA interest rate from 2.85% to 2.75%

August 2024

Laurentian Bank decreases its regular savings account and TFSA interest rate from 3.00% to 2.85%
Peoples Trust decreases its regular savings account and TFSA interest rate from 3.40% to 3.00%
Saven Financial decreases its regular savings account and TFSA interest rate from 4.05% to 3.85%

July 2024

Hubert Financial decreases its regular savings account interest rate from 3.35% to 3.10%; TFSA down from 3.40% to 3.15%
motusbank decreases its regular savings account and TFSA interest rate from 2.05% to 1.85%
Achieva Financial decreases its regular savings account and TFSA interest rate from 3.50% to 3.35%
Outlook Financial decreases its regular savings account and TFSA interest rate from 3.45% to 3.25%
Alterna Bank decreases its regular savings account and TFSA interest rate from 2.25% to 2.00%
Manulife Bank decreases its regular savings account interest rate from 2.60% to 2.45%
Wealthsimple decreases its regular savings account interest rate from 4.00% to 3.50%
MAXA Financial decreases its regular savings account and TFSA interest rate from 3.45% to 3.25%

June 2024

motusbank decreases its regular savings account and TFSA interest rate from 2.25% to 2.05%
Outlook Financial decreases its regular savings account and TFSA interest rate from 3.60% to 3.45%
Hubert Financial decreases its regular savings account interest rate from 3.60% to 3.35%; TFSA down from 3.65% to 3.40%
MAXA Financial decreases its regular savings account and TFSA interest rate from 3.60% to 3.45%
Achieva Financial decreases its regular savings account and TFSA interest rate from 3.60% to 3.50%
Manulife Bank decreases its regular savings account interest rate from 2.85% to 2.60%; TFSA down from 2.10% to 1.85%
Wealth One Bank of Canada decreases its regular savings account and TFSA interest rate from 4.00% to 3.50%
Saven Financial decreases its regular savings account and TFSA interest rate from 4.20% to 4.05%

May 2024

EQ Bank launches its Notice Savings Account, offering 5.00% if you give 30 days of withdrawal notice and 4.50% if you give 10 days of withdrawal notice

April 2024

On June 10, 2024, Ideal Savings customers became Hubert Financial customers (on Access Credit Union’s online banking platform)

March 2024

motusbank decreases its regular savings account and TFSA interest rate from 2.50% to 2.25%
Saven Financial increases its regular savings account and TFSA interest rate from 4.15% to 4.20%
MAXA Financial increases its regular savings account and TFSA interest rate from 3.55% to 3.60%

January 2024

Saven Financial increases its regular savings account and TFSA interest rate to 4.15% (from 3.80% and 4.00%)
Oaken Financial launches a TFSA with a 3.40% interest rate

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