EQ tops our list of Canada’s best high interest savings accounts. Its excellent interest rates and low fees are enough to catch our attention, but EQ Bank has more up its sleeves. You don’t have to take our word for it though. EQ Bank was recently named the #1 Bank in Canada on ...
Tax-free savings accounts (TFSAs) are a type of registered plan that earns tax-free interest. High-interest TFSAs act like regular savings accounts but with tax-sheltered benefits.Our picks for the best TFSA HISAs Other top high-interest TFSA rates in Canada What to know about tax-free ...
Simplii Financial™ High Interest Savings Account Special Offer: Earn 6.00% interest on eligible deposits for the first 5 months. Limits apply. Offer ends on January 31st, 2025. Put your savings in the fast lane with great rates and no monthly fees. Grow your savings. No matter what you’...
Interest Rate $0 Account Fee $0 Transaction Fee Info Pros + Cons More Details The Simplii High Interest Savings Account is another top pick for the best high-interest savings accounts in Canada. It earns a high promo rate of 6% interest for 5 months (and 0.35% thereafter). With a $0 acco...
Similar to the other big banks, Newcomers to Canada can save on fees for a period when they open an account through BMO’s NewStart Program. BMO Savings Accounts For your savings needs, BMO offers four savings accounts, including: BMO Smart Saver BMO Savings Builder BMO Premium Rate Savings ...
Still, for Canadians looking for a savings account, there are some great perks offered through online savings accounts, including very competitive interest rates and no fees. But with so many options in the market, how do you choose the best online savings account in Canada? In this guide, ...
Putting aside interest rates, another main factor in deciding which one to have is how you’ll access your funds. For example, MMAs have more options. Many consider MMAs to be more of a hybrid between a checking & savings account due to its limited checking capabilities. Be mindful that ma...
CDs generally offer higher interest rates than savings accounts. However, they lock up money for a fixed time period. They are, perhaps, best used when you know you won’t need the funds right away. An example is college savings when your child is only two or three years away from start...
This gives EQ Bank the title of best joint bank account in Canada by a pretty wide margin. It’s simply the best combination of interest rates, $0 in account fees, and overall convenience. My wife and I were amongst the first to sign up for EQ’s joint bank account. It’s simply th...
View Rates No fees $1 minimum deposit FDIC insured How much do you save a month? Do online savings accounts have fixed rates? No, the interest rates for savings accounts are variable. The bank can change them at any time. If you're looking for fixed rates, aCertificate of Deposit (CD...