Compare savings accounts in Canada.

Maximize your savings with the EQ Bank Notice Savings Account.

Enjoy an interest rate of up to 2.75% with no monthly fees or minimum balance required.

Plan your withdrawals with 10 or 30 days’ notice and benefit from interest calculated daily.

Transfers are free and unlimited.

Optimize your savings with the EQ Bank TFSA Savings Account. Enjoy a 1.50% interest rate tax-free, with no monthly fees.

Benefit from free, flexible withdrawals and easy recurring contributions from your current account.

All deposits are protected by SADC up to $100,000.

Neo is a digital alternative to the big Canadian banks. It offers no-fee credit cards and a high-interest savings account.

The Neo Savings account offers an interest rate of up to 2.75% on the entire balance, with no monthly fees. The rate no longer depends on your balance: it depends on the Neo membership you hold. To open an account, you must be over 13 years old (14 years old in Quebec).

The main features of the account are as follows:

• No monthly fees or transaction fees
• No minimum balance required
• E-transfers and bill payments available
• Interest rates (based on your Neo membership):
  • Essentials membership (free): 2.00%
  • Build membership: 2.50%
  • Grow membership: 2.75%

Take advantage of Tangerine Tax-Free Savings Account (TFSA) and save tax-free on accumulated interest or withdrawals.

With no monthly fees, access your money anytime and easily manage your account online or via the mobile app.

Contribute up to $7,000 a year and reach your financial goals faster.

Until November 30, 2026, you can earn a special interest rate of 4.50% for 5 months^† by opening a Tangerine Savings Account!

Here are the main features of the Tangerine savings account:

• No service charges or other fees
• No minimum balance required
• Competitive interest rates
• Interest calculated daily and paid monthly
• Manage your savings via the Tangerine mobile app

The promotional rate applies to new deposits, up to a maximum of $1,000,000.

Regular interest rate of 0.30% with no minimum balance.

The EQ Bank GIC Savings Account lets you invest in fixed-rate Guaranteed Investment Certificates (GICs), a safe way to grow your savings while staying sheltered from market fluctuations.

GICs are available for terms ranging from 3 months to 10 years, with a minimum deposit of just $100, and can be held in a non-registered or registered account (TFSA, RRSP, FHSA). They are non-redeemable before maturity and are CDIC insured up to the applicable limits.

It is a good fit if you are looking for a guaranteed, predictable return over a set horizon. As of September 16, 2026, rates range from 2.35% to 4.25%, with the highest rate on the 5-year term, and they are identical for registered and non-registered GICs.

Wealthsimple Save has no monthly fee. Your balance earns 2.50%.

The Haventree Bank Everyday Growth Account lets you save, move money, and earn interest, all in one seamless digital experience.

• Earn 2.50% interest on every dollar, calculated daily and paid monthly
• No monthly fees and no minimum balance required
• Open up to 8 accounts to organize your money by goals, spending, bills, or savings
• Joint account available, with shared visibility and easy transfers
• Free Interac e-Transfer^® and seamless bill payments
• Easily link external accounts to move money in and out

Haventree Bank is a Schedule 1 bank regulated by OSFI. Your deposits are protected by CDIC, up to applicable limits.

Your balance earns 2.50%.

Discover the CIBC TFSA Tax Advantage Savings Account and grow your savings tax-free with interest calculated daily and paid monthly.

Enjoy hassle-free deposits, tax-free withdrawals, and no monthly fees.

Take advantage of CIBC’s RRSP Daily Interest Savings Account to save securely for your retirement.

Benefit from interest calculated daily and paid monthly with no monthly fees.

Start saving with a minimum investment of just $25, while guaranteeing your principal and interest.

Access your funds at any time with this flexible account.

Wealthsimple USD Account has no monthly fee. Your balance earns 2.25%.

The Scotiabank High-Interest Savings Account allows you to grow your money with an interest rate that increases with your balance, with no monthly fees.

Interest is calculated daily and paid monthly. Your funds remain accessible at all times, and transfers between your Scotiabank accounts are free.

The Desjardins FHSA Savings Account helps you save to buy your first home, with an interest rate of 2.00%.

Your contributions are tax-deductible, and eligible withdrawals for a first home are tax-free. No monthly fees.

Scotiabank’s Right Size Savings for business account maximizes the return on your surplus cash.

Take advantage of a promotional rate of up to 2.95% for 4 months* when you open a new account. The higher your balance, the higher your interest rate. A minimum balance of $10,000 must be maintained to receive interest.

Main account features:

• No monthly account maintenance fees
• Unlimited free Canadian dollar self-service transfers
• An interest rate that increases as your balance grows
• Access to your funds at all times
• CDIC deposit insurance

The EQ Bank FHSA Savings Account helps you save for your first home purchase, with a 1.50% interest rate and no monthly fees.

Your contributions are tax-deductible and eligible withdrawals for a first home are tax-free. All deposits are protected by the CDIC up to $100,000.

Available across Canada, except in Quebec.

Opt for the RBC High Interest Savings Account and get high interest on every dollar with no monthly fees.

Make free inter-account transfers and access online, telephone, and mobile banking services.

This account includes one free debit transaction per month and free electronic statements.

The Desjardins RRSP Savings Account lets you save for retirement while reducing your taxable income.

Your contributions are tax-deductible and interest accumulates tax-free until withdrawal. No monthly fees.

The Desjardins Savings Account allows you to earn interest on every dollar, with no monthly fees and no minimum balance.

Make as many deposits and withdrawals as you like. Interest is calculated daily and paid monthly.

As a Desjardins member, you are also eligible for member dividends.

The BMO Savings Amplifier Account allows you to grow your money with a promotional interest rate of 5.00% for 120 days when you open an eligible BMO chequing account.

No monthly fees and no minimum balance required. Unlimited free self-serve transfers to your other BMO accounts.

After the promotional period, you benefit from a regular rate of 0.50% on every dollar, calculated daily and paid monthly.

The TD ePremium Savings Account is a no-monthly-fee online savings account, designed for people who keep a higher savings balance. It pays a more attractive interest rate on larger balances.

The boosted rate applies to balances above a certain threshold ($10,000); below that threshold, no interest is paid. It is therefore most worthwhile if you consistently keep a substantial amount of savings in the account.

The account has no monthly fee. Check the TD website for current rates and thresholds.

Tangerine Children's Savings Account has no monthly fee. Your balance earns 0.40%.

Whatever your savings goal, Simplii makes it easy with the Simplii Financial High Interest Savings Account. Save easily without tying up your money for an extended period. Enjoy an account with no monthly fees, no minimum balance and set up automatic deposits.

For a limited time, earn 4.60% interest^† for 153 days (about 5 months) on eligible deposits up to $200,000. The regular rate applies afterward. Limits apply and the offer ends October 31, 2026.

The special offer on the MomentumPLUS Savings Account allows you to grow your money with an interest rate of up to 4.95% for 3 months.

The main features of this account:

• No monthly fees
• No minimum balance required
• Automatic Savings Plan
• Unlimited transfers between accounts
• Virtual check deposit

The Tangerine Registered Retirement Income Fund (RRIF) Savings Account offers a competitive interest rate with no monthly fees or minimum balance required.

Enjoy flexible withdrawals for your retirement income while saving tax-free until withdrawal.

The Desjardins TFSA Savings Account lets you save tax-free: the interest income earned is not taxable.

No monthly fees and interest calculated daily, paid monthly. Ideal for your short- or medium-term projects.

Discover the eAdvantage High Interest Savings Account from CIBC and benefit from a competitive interest rate with no monthly fees.

Enjoy free online transfers between your CIBC accounts and save automatically with scheduled transfers.

Receive a Smart Interest Bonus for every month you save more than $200.

Choose the Tangerine RRSP Savings Account and enjoy a favourable interest rate with no monthly fees or minimum balance required.

Save for your retirement while enjoying tax benefits, with tax-deductible contributions and tax-sheltered savings until withdrawal.

Manage your U.S. dollar funds easily with CIBC’s U.S. Dollar Personal Account.

Earn interest on every dollar saved with no monthly fees.

Quickly access your US dollar funds via cheques and ATMs, and avoid exchange rate fluctuations.

Benefit from the RBC US High Interest Savings Account and get high interest on every US dollar with no monthly fees.

Make free inter-account transfers and access online, telephone, and mobile banking services.

This account includes one free debit transaction per month.

Save in U.S. dollars with the Tangerine U.S. Dollar Savings Account.

Enjoy a favorable interest rate with no monthly fees or minimum balance required.

Make free transfers to and from other Tangerine accounts and easily manage your finances with online and mobile banking services.

Maximize your savings with Scotiabank Savings Accelerator Account.

Enjoy a competitive interest rate, with no monthly fees.

Make unlimited, free transfers between your accounts and benefit from free quarterly statements. Ideal for your registered and non-registered plans.

Scotiabank Getting There Savings Program for Youth has no monthly fee. Your balance earns 0.05%.

The TD Growth Savings Account is a no-monthly-fee savings account designed to encourage you to save regularly. It allows unlimited free transfers to your other TD deposit accounts.

You can earn a boosted interest rate on balances of $5,000 or more if you hold an eligible TD chequing account and complete qualifying monthly transactions. It is a good option for building an emergency fund or reaching a financial goal while keeping your money accessible.

The account has no monthly fee. Interest rates vary based on your balance and eligibility conditions; check the TD website for current rates.

Your balance earns 0.05%.

Simplify your U.S. dollar transactions with the Desjardins U.S. Build-Up Savings Account.

Benefit from unlimited current transactions at no charge if you maintain a minimum balance of US$1,000, and progressive daily interest to maximize your savings.

Ideal for frequent travelers to the United States, this account provides easy access to your US dollar funds.

Manage your finances with transfers between accounts in U.S. or Canadian dollars, and view your statements online or in paper format.

The TD Every Day Savings Account is a simple, no-monthly-fee savings account designed to set money aside while keeping it easily accessible.

The account includes one free transaction per month (a $3 fee applies to additional transactions), which encourages you to let your savings grow rather than dipping into them frequently. No minimum deposit is required to get started.

The account has no monthly fee. The interest rate is modest and applies to your entire balance; check the TD website for the current rate.

Choose the RBC High Interest Savings Account and earn interest on every dollar saved with no monthly fees.

Enjoy free inter-account transfers and free access to online, phone, and mobile banking services.

With one free debit transaction per month, this account is ideal for simple, efficient daily savings.

Discover the Scotia Bank Master Savings Account and enjoy unlimited free transfers to your other Scotia accounts.

With no monthly account fees, this account gives you easy, convenient access to your funds at all times, and interest on every dollar you save.

Simplify your savings with the ‘Deposit the Change’ program and automatic contributions.

Receive free InfoAlerts to keep you informed of important transactions.

Your balance earns 0.01%.

Scotiabank Foreign Currency Savings Account has a monthly fee of $1. The fee is waived with a minimum balance of $200. 2 transactions per month are included.

Manage your U.S. savings with the Scotiabank U.S. Dollar Daily Interest Account. Benefit from progressive interest with no monthly fees and a minimum daily balance of US$200.

Enjoy two free debit transactions per month and access to online and mobile banking services.

Receive free InfoAlerts and paperless statements.

Maximize your retirement savings with the EQ Bank RRSP Savings Account.

Enjoy a high interest rate with no monthly fees and no minimum balance required.

Manage your account easily online and benefit from SADC deposit insurance.

RBC Leo's Young Savers Account has no monthly fee.

BMO Savings Builder Account has no monthly fee. 1 transactions per month are included.

Opt for the Scotia Daily Interest Euro Account and benefit from no monthly fees with a minimum daily balance of €200.

Enjoy two free teller transactions per month and interest calculated daily.

This account is ideal for saving in euros with competitive exchange rates and CDIC protection.