Island Savings bank accounts and rates

We track 3 Island Savings accounts. 3 of them carry no monthly fee. 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.

Deposits are covered by CDIC insured, taken from what the institution publishes rather than from what the scheme covers in general. What deposit insurance actually covers sets out the difference and why an unlimited provincial guarantee is not the same promise as the federal one.

Every Account, With What It Costs

• 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

• Island Savings Tru Essentials Chequing Account

  No monthly fee · 12 transactions a monthCDIC insured

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.