Canadian High Interest Savings Bank Accounts

Savings account interest rate graph

New comparison:

EQ Bank decreases its regular savings account interest rate from 1.50% to 1.25%; TFSA rate to decrease from 2.30% to 1.25% on May 26
Canadian Tire Bank decreases its regular savings account and TFSA interest rate from 1.80% to 1.55%
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% and then to 1.20%
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%

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Savers Roundup February 2021: New savings account options; RRSP-eligible promotions; a CDIC contest with $10,000 in prizes - Feb 14, 2021
Accounts payable: Paying suppliers and vendors electronically in Canada - Feb 12, 2021

Which banks / credit unions offer the best feature - rate combination?

Are the smaller financial institutions any worse than the big players?

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