Canadian High Interest Savings Bank Accounts

Savings account interest rate graph

New comparison:

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%

Savers Roundup September 2020: Canadian Tire has the highest rate; PC Financial is back with PC Money - Sep 16, 2020
Savers Roundup August 2020: Fully online account registrations; a CRA security breach; where to consistently get the highest rates - Aug 16, 2020
Ampli cash back app review: trading your purchase history for rewards - Jul 27, 2020
Savers Roundup July 2020: Summer promos, EQ Bank joint accounts, and a primer on deposit insurance - Jul 13, 2020
Dear Canadian businesses: It’s time to stop using cheques - Jul 3, 2020

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

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

Talk about all things regarding Canadian high interest savings accounts in the discussion forum and read detailed articles. For a quick rate overview, check the high interest savings account comparison page.

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