Canadian Tire High Interest Savings Account
Monthly Fee
$0
Promotional interest
Not specified
Welcome OfferEarn 2.40% interest, with no monthly fees and no minimum balance.
Earn 2.40% interest, with no monthly fees and no minimum balance.
Account Overview
The Canadian Tire High Interest Savings Account pays 2.40% on your whole balance, with no monthly fees and no minimum balance.
- Interest calculated daily and paid monthly
- No lock-in period: your money stays accessible
- Transfers online or by phone to your linked external account
- Deposits protected by CDIC up to applicable limits
Note: Canadian Tire Bank deposit products are not available to residents of Quebec.
Offer & conditions
Earn 2.40% interest, with no monthly fees and no minimum balance.
Pros & Cons
Pros
- No monthly fee
- Competitive interest rate (2.4%)
- E-statements available
Cons
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Account Features
- E-StatementIncluded
- Included transactionsNot specified
- Unlimited Interac e-TransfersNot specified
Terms and conditions
- 2.40% annual interest rate*
- No monthly fees
- No minimum balance required
- No lock-in period
- Easy transfers online or by phone to your linked external account
- 24/7 online banking
Eligibility: you must be a resident of Canada (outside Quebec), have reached the age of majority in your province or territory and provide your Social Insurance Number (SIN). You apply online or by phone, then return the Direct Transfer Authorization form that links the account to an external bank account.
Note: Canadian Tire Bank deposit products are not available to residents of Quebec.
Related Accounts
*Annual rate as of October 17, 2026, subject to change without notice. Interest is calculated daily on the closing balance and paid monthly. Deposits are eligible for CDIC coverage up to $100,000. Source: Canadian Tire Bank.
Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Milesopedia may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 Canadian Tire Bank. All trademarks are property of their respective owners.