Savings accounts in Canada

We track 77 Canadian savings accounts. 58 of them carry no monthly fee and the dearest is $1.00 a month. Every figure here comes from the institution’s own published pages, and where something is not published we leave it blank rather than record a zero. Last checked 19 August 2026.

The highest rate posted here is 2.85%, on the Saven Financial High Interest Savings Account. Posted rates only: a promotional rate that ends in ninety days is not what an institution pays, so it is recorded on the account and not counted here.

Every Account, With What It Costs

• Achieva Financial Daily Interest Savings Account

  No monthly fee · 1.8% interest · 1 transaction a monthManitoba, no stated limit

• Alterna Bank High Interest eSavings Account

  No monthly fee · 1.05% interest · Unlimited transactionsCDIC insured

  Maximum balance of $250,000 per customer plus accrued interest

• Alterna Savings Daily Interest Savings

  No monthly fee · 0% interest · 2 transactions a monthOntario, limit not published

  Tiered: 0.00% on $0.01 to $5,000; 0.05% above $5,000

• Alterna Savings Investment Savings

  No monthly fee · 0.05% interest · 1 transaction a monthOntario, limit not published

  Tiered: 0.05% on $0.01 to $5,000; 0.35% above $5,000. Calculated on daily closing balance, paid monthly.

• Assiniboine Credit Union Everyday Savings

  No monthly fee · 0.05% interest · 3 transactions a monthManitoba, no stated limit

  0.05% on the entire balance; rate last updated April 24, 2026

• Assiniboine Credit Union High Rate Savings

  No monthly fee · 1.5% interest · 1 transaction a monthManitoba, no stated limit

  1.50% on $0 to $99,999; 1.60% on $100,000 to $249,000; 1.70% on $250,000+. Rate last updated April 24, 2026.

• ATB Climber Savings Account

  No monthly fee · 4.5% promotional rate · 1 transaction a monthAlberta, no stated limit

  Base 0.30% plus a climbing premium that resets on withdrawal: 0.00% (0 to 29 days), 0.20% (30 to 89), 0.25% (90 to 179), 0.40% (180 to 269), 0.50% (270 to 359), 0.60% (360+). Welcome

• ATB Financial Springboard Savings Account

  No monthly fee · 4.6% promotional rate · 1 transaction a monthAlberta, no stated limit

  Base tiers: 0.20% on $0 to $4,999.99; 0.50% on $5,000 to $249,999.99; 0.60% on $250,000+. Bonus 4.00% on net new deposits, capped at $1,000,000, promo period July 6, 2026, September 30, 2026 (total up

• BMO Premium Rate Savings Account

  No monthly fee · 0.01% interest

  Transaction limits are shared with the linked chequing account under the customer's Bank Plan; per item fees apply when the plan's transaction count is exceeded.

• BMO Savings Amplifier Account

  No monthly fee · 5% promotional rate

  BMO's promotional terms document states a promotional interest rate component of 4.550% which, combined with the 0.450% posted interest rate, produces a total 5.000% rate as of the offer date. Promotional period is stated

• BMO Savings Builder Account

  No monthly fee · 1 transaction a month

  Pays a bonus interest rate when the account balance is grown by at least $200 in a month. One debit transaction per month at no cost; each withdrawal or additional transfer out costs $5.

• BMO U.S. Dollar Premium Rate Savings Account

  No monthly fee · 0.05% interest

  Transaction limits are shared with the linked chequing account under the customer's Bank Plan; per item fees apply when exceeded.

• Bridgewater Bank Smart eSavings Account

  No monthly fee · 2.7% interest · 1 transaction a monthCDIC insured

  Single rate on all balances, no tiers; rate last changed October 16, 2025

• CIBC eAdvantage Savings Account

  No monthly fee

  Three separate rate components are published: (1) a tiered Regular Interest rate across balance bands up to $9,999.99 / $10,000-$24,999.99 / $25,000-$99,999.99 / $100,000-$499,999.99 / $500,000+; (2) Smart Interest, applied to balances up to

• CIBC RRSP Daily Interest Savings Account

  No monthly fee

• CIBC TFSA Tax Advantage Savings Account

  No monthly fee

• CIBC US$ Personal Account

  No monthly fee

  Tiered across balance bands up to $2,999.99 / $3,000-$9,999.99 / $10,000-$24,999.99 / $25,000-$59,999.99 / $60,000 and over (top band paid on the portion above $60,000).

• Coast Capital Savings The High-Interest Savings Account

  No monthly fee · 0.3% interest · 2 transactions a monthCDIC insured

  0.300% on $0+ balances, effective Sep 19, 2025

• connectFirst Credit Union Premium Savings

  No monthly fee · 1 transaction a monthAlberta, no stated limit

  Higher tiered interest rates (percentages not published on the product page)

• connectFirst Credit Union Simple Save

  No monthly fee · 2 transactions a monthAlberta, no stated limit

• Desjardins Savings Account (non-registered)

  No monthly fee · 0.55% interest · Unlimited transactionsQuebec, $100,000

  No minimum balance; interest earned monthly

• DUCA Daylight Savings

  No monthly fee · 0.05% interestOntario, $250,000

  0.05% paid semi annually

• DUCA Earn More Savings Account

  No monthly fee · 0.25% interestOntario, $250,000

  0.25% paid monthly

• Envision Financial High Interest Savings

  No monthly fee · 1 transaction a monthCDIC insured

• Envision Financial Savings First

  No monthly fee · 2 transactions a monthCDIC insured

• EQ Bank Notice Savings Account

  No monthly fee · 2.75% interestCDIC insured

  2.75% requires 30 days' notice of withdrawal; the 10 day notice version pays 2.35%

• Hubert Financial Happy Savings Account

  No monthly fee · 1.6% interestManitoba, no stated limit

  The rates page displays two unlabelled values, '1.60% | 1.65%'; the tier or condition separating them is not published on the page

• Implicity Financial High Interest Savings

  No monthly fee · 1.6% interestManitoba, no stated limit

  Interest calculated daily, paid monthly; no minimum balance to open or maintain

• Innovation Federal Credit Union Savings Account

  No monthly fee · 0.6% interestCDIC insured

  0.600% on all balance tiers ($0 through $200,000+); calculated daily on the closing balance and paid monthly. No effective date published.

• Island Savings High Interest Savings

  No monthly fee · 1 transaction a monthCDIC insured

• Island Savings Savings First

  No monthly fee · 2 transactions a monthCDIC insured

• Kindred Credit Union CUBILL Savings

  No monthly fee · 0.7% interest · Unlimited transactionsOntario, limit not published

  Tiered on minimum daily balance: 0.70% $10,000 to $24,999; 0.80% $25,000 to $49,999; 0.90% $50,000 to $99,999; 1.00% $100,000+. Below $10,000 no tiered rate is published.

• Kindred Credit Union Daily Interest Savings Account (Plan 24)

  No monthly fee · 0.1% interest · Unlimited transactionsOntario, limit not published

  0.10%; no effective date published

• Kindred Credit Union High Interest Savings Account

  No monthly fee · 0.9% interest · 1 transaction a monthOntario, limit not published

  0.90%; no effective date published on the rates page

• Laurentian Bank High Interest Savings Account (HISA)

  No monthly fee · 2.2% interest

  2.20% on the first $100,000; 3.20% on balances over $100,000 up to $5,000,000; 1.00% on balances over $5,000,000

• Libro Credit Union Investment Savings

  No monthly fee · 0% interest · 2 transactions a monthOntario, $250,000

  0.000% on $0 to $999; 0.850% on $1,000+. Updated August 18, 2026.

• Libro Credit Union Regular Savings

  No monthly fee · 0.13% interest · Unlimited transactionsOntario, $250,000

  Tiered: 0.125% $0 to $4,999; 0.250% $5,000 to $49,999; 0.500% $50,000 to $99,999; 0.750% $100,000+. Updated August 18, 2026.

• Manulife Bank Advantage Account

  No monthly fee · 3% promotional rateCDIC insured

  There is never a monthly fee. Maintaining a $1,000 balance waives the everyday transaction fees listed below.

• National Bank High Interest Savings Account (HISA)

  No monthly fee · 0.55% interest · 1 transaction a month

  Single rate of 0.550% published for '$0 and +' (no balance tiering). Interest paid monthly. No fixed monthly fees. Free unlimited transfers between National Bank accounts; one free ABM withdrawal per month; all other

• Neo Savings Account

  No monthly fee · 2.75% interestCDIC insured

  Tiered: 2.00% on $0 to $4,999.99, 2.50% on $5,000 to $19,999.99, 2.75% on $20,000+. Rate effective June 24, 2026; subject to minimum combined balance across Neo Savings, Neo Everyday and Neo High-Interest Savings.

• Peoples Group e-Savings Account

  No monthly fee · 1.2% interestCDIC insured

• Prospera Credit Union Personal High Growth Savings Account

  No monthly fee · 0.7% interest · 2 transactions a monthCDIC insured

  0.700%; rate does not apply to Coast Capital and Sunshine Coast Financial savings accounts

• Prospera Credit Union Personal Savings Account

  No monthly fee · 0.1% interest · 5 transactions a monthCDIC insured

  0.10%; rates updated daily, no effective date published

• RBC Day to Day Savings

  No monthly fee · 1 transaction a month

  Tiered interest per RBC's savings account comparison page.

• RBC Enhanced Savings

  No monthly fee · 1 transaction a month

  Tiered interest; RBC states tiered rates begin at balances of $5,000 or more. Interac e-Transfer $1.00 each; non-RBC Interac ATM $2.00; PLUS System $3.00.

• RBC High Interest eSavings

  No monthly fee · 4.6% promotional rate · 1 transaction a month

  Promotional 4.60% paid for 3 months; offer expires 3pm EST on October 27, 2026. After the promotional period the regular 0.550% rate applies. One free RBC ATM cash withdrawal per month; additional ATM withdrawals

• RBC U.S. High Interest eSavings

  No monthly fee · 0.25% interest · 1 transaction a month

• Saven Financial High Interest Savings Account

  No monthly fee · 2.85% interestOntario, $250,000

  You must be a Saven member to get the rate; rate subject to change at any time

• Scotiabank MomentumPLUS Savings Account

  No monthly fee · 4.65% promotional rate

  0.40% regular interest rate on an eligible deposit. Additional Premium Period interest is earned by leaving a deposit untouched for a chosen period: 90 days 0.20%, 180 days 0.25%, 270 days 0.30%, 360 days

• Scotiabank Money Master Savings Account

  No monthly fee · 0.01% interest

  Regular rate 0.01%. Bonus rate of 0.50% when enrolled in Smart Savings Tools. Annual interest rate is paid on the entire balance based on the tier within which the daily account closing balance falls.

• Scotiabank Savings Accelerator Account

  No monthly fee

  Offered in four variants: Non-Registered Plans, TFSA, Registered Plans (excluding TFSA/FHSA), and FHSA. Add on account to an existing plan; unlimited self-service transfers.

• Scotiabank Scotia High Interest Savings Account (HISA)

  No monthly fee · 2.8% promotional rate

  Regular rate is tiered on Total Relationship Balance, not on the account balance alone. Promotional rate of 2.80% for the first 3 months (90 days from account opening). No ABM or point of sale

• Servus Credit Union Personal Savings

  No monthly fee · 0.01% interest · 1 transaction a monthAlberta, no stated limit

  0.01% on all balances, rates page as of October 30, 2025

• Servus Credit Union Premium Savings

  No monthly fee · 0.15% interest · 1 transaction a monthAlberta, no stated limit

  Split rate tiered: 0.15% $0 to $4,999.99; 0.55% $5,000 to $99,999.99; 0.75% $100,000+. Rates page as of October 30, 2025.

• Simplii Financial High Interest Savings Account

  No monthly fee · 4.6% promotional rateCDIC insured

  Promotional 4.60% for 153 days (about 5 months) from account opening, on balances up to $200,000, new clients only (no prior Simplii relationship, first HISA opened within 60 days of Client Number creation). The

• Steinbach Credit Union High Interest Savings Account

  No monthly fee · 2% interest · 1 transaction a monthManitoba, no stated limit

  2.00% under $100K; 2.10% $100K, $249,999; 2.25% $250K+. Rates page effective December 18, 2025. No minimum balance to earn interest.

• Tangerine Savings Account

  No monthly fee · 4.5% promotional rateCDIC insured

  Promo 4.50% for 153 days (about 5 months) for new Tangerine Clients only, max $1,000,000 per eligible Savings Account type; reverts to posted rate after. Offer start/end dates render as unresolved placeholders on the

• Vancity Jumpstart High Interest Savings

  No monthly fee · 4.5% promotional rateBritish Columbia, no stated limit

  Posted rate 0.60% effective Feb 6, 2026. New member promo: up to +3.90% bonus for 90 calendar days on new funds, max $1M; account must be opened within 30 days of a new personal

• Scotiabank Scotia Euro Savings Account

  $1.00 a month · 2 transactions a month

  Two free teller assisted transactions per month. Monthly fee of EUR 1.00 waived with a minimum EUR 200 daily closing balance, or if the account holder is 60 years of age or older.

• Scotiabank Scotia U.S. Dollar Daily Interest Account

  $1.00 a month

  Monthly fee of $1.00 US is waived with a minimum $200 USD daily closing balance, or if the account holder is 60 years of age or older.

• ATB High Interest Savings Account, Personal Series A

  Monthly fee not published · 1.8% interestAlberta, no stated limit

  Rate as of January 19, 2026; simple interest paid monthly into the account. Series F pays 1.90%.

• Canadian Tire Bank High Interest Savings Account

  Monthly fee not published

• Conexus Credit Union Savings Account

  Monthly fee not published · 0.3% interest · 2 transactions a monthSaskatchewan, limit not published

  Tiered: 0.30% $0 to $5,000; 0.35% to $25,000; 0.40% to $60,000; 0.45% to $100,000; 0.55% over $100,000

• Home Trust High Interest Savings Account (HISA)

  Monthly fee not published · 1.9% interest · Unlimited transactionsCDIC, through a member institution

  1.90% Class A; 2.15% Class F. Nominee accounts only, transactions allowed only through FundSERV with T+1 settlement, accessed via a financial advisor.

• National Bank USD Progress Account

  Monthly fee not published

  Tiered by balance; the first three tiers pay 0.000%.

• Neo High-Interest Savings Account

  Monthly fee not published · 1.25% interestCDIC insured

  Interest calculated daily on total closing balance, paid monthly; account limit $200,000 per account. Rate effective December 8, 2025.

• Oaken Savings Account

  Monthly fee not published · 2.8% interestCDIC insured

  No minimum balance required to qualify for the posted rate; rate in effect since July 28, 2026

• Steinbach Credit Union Daily Growth Savings Account

  Monthly fee not published · 4.6% promotional rateManitoba, no stated limit

  Standard rate 1.50%. A special pays 4.60% on the first $500,000 and 1.50% on the balance above that. Rates page effective December 18, 2025; no promo end date published.

• Steinbach Credit Union Monthly Savings

  Monthly fee not published · 1.2% interestManitoba, no stated limit

  1.20% on all balances; rates page effective December 18, 2025

• TD ePremium Savings Account

  Monthly fee not published

  Tiered: 0.000% below $10,000; 0.450% on balances of $10,000 or more.

• TD Every Day Savings Account

  Monthly fee not published · 0.01% interest

  Same 0.010% rate published for every balance tier.

• TD Growth Savings Account

  Monthly fee not published

  Two rate sets published: a standard rate and a 'boosted' rate that requires an eligible TD chequing account plus 2 qualifying transactions. Standard rates published across the range 0.00%-0.65%; boosted rates across the range

• TD High Interest TFSA Savings Account

  Monthly fee not published · 0.3% interest

  Same 0.300% rate published for all balance tiers.

• TD Multi-Holding FHSA, Cash Portion

  Monthly fee not published · 0.05% interest

  Same 0.050% rate published for all balance tiers.

• TD Multi-Holding TFSA, Cash Portion

  Monthly fee not published

• TD RSP / RRIF / RESP Daily Interest Savings

  Monthly fee not published

• TD U.S. Daily Interest Chequing Account

  Monthly fee not published · 0.01% interest

  Same 0.010% rate published for all balance tiers.

Comparing across institutions? Compare every account on what it would cost you, work out what a chequing account really costs, or browse the full directory.