The best high-interest savings accounts in Canada for 2024

Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.… See more

15%
OFF

Best High Interest Savings Account In Canada For December 2024

1 day from now

Dec 1, 2024 · The RBC High Interest eSavings account is a high interest savings account (HISA) from one of Canada's most reputable banks, providing a standard interest rate of 1.15%. The …

moneygenius.ca

5%
OFF

Best Savings Accounts In Canada For December 2024

1 day from now

Dec 1, 2024 · Otherwise, Tangerine Savings Account offers a 5.5% promo rate and Simplii High Interest Savings Account and offers 4.6%. What is a high interest savings account in Canada? …

moneygenius.ca

90%
OFF

Best High Interest Savings Account In Canada For 2024

1 day from now

Mar 18, 2024 · The BMO Savings Amplifier Account offers an interest rate of 1.90% — a figure that outshines its counterparts in Canada’s big bank offerings. This competitive edge, coupled …

wealthrocket.com

25%
OFF

Canada’s 38 Best High Interest Savings Accounts In 2024

1 day from now

Dec 5, 2024 · The high-interest savings account from ICICI Bank Canada pays 1.25% interest on Canadian savings and 1.00% on U.S. dollar deposits. You can link up to 3 external bank …

snappyrates.ca

05%
OFF

Best High Interest Savings Account In Canada Dec. 2024 - Wallet …

1 day from now

Jul 26, 2024 · This is post contains a list of the best high interest savings account (HISA) in Canada for 2024. If you’re tired of the measly 0.05% – 0.35% savings rate on big banks’ …

walletbliss.com

00%
OFF

The Best High Interest Savings Accounts In Canada In December …

1 day from now

Jan 22, 2024 · As of right now, EQ Bank features prominently with its Personal Account (formerly the Savings Plus Account), offering an enticing 4.00% interest if you set up automatic …

stocktrades.ca

47%
OFF

Savings Rates Stay Strong Despite Dips: A 2024 Recap And What’s …

1 day from now

Dec 18, 2024 · This translated into better yields on bank accounts, particularly high-yield savings accounts. Although the national average rate for savings accounts was just 0.47% in January …

nerdwallet.com

50%
OFF

Top CD Rates Today, Dec. 27, 2024 - Investopedia

1 day from now

1 day ago · Nation-leading CD rates are still available, including short-term certificates for up to 5.50%. But one rate lock guarantees 4.65% until January 2026.

investopedia.com

FAQs about The best high-interest savings accounts in Canada for 2024 Coupon?

What are the best high-interest savings accounts in Canada?

This combination of a high interest rate and limited conditions makes EQ Bank one of the top recommended best high-interest savings accounts in Canada. Regular interest rate: 5% interest, plus 1% cash back on select purchases. Earn up to 5% with KOHO's paid plans. Credit card: Earn 1% cash back on groceries, eating & drinking and transportation. ...

How do high-interest savings accounts work in Canada?

Some online banks only offer high-interest savings accounts, and they often have the best rates in Canada. If there is a promotional interest rate available, you’ll earn that higher rate, and once it expires, your money will earn interest at the account’s regular rate. Most high-interest savings accounts debit their interest earned monthly. ...

Which savings account in Canada has the highest interest rate?

The best savings account in Canada with the highest interest rate is the Motive Savvy Savings Account because it has a very competitive interest rate and no minimum balance requirements or promotional rates with restrictions. Savings accounts offer a secure way to store funds while providing a return on investment. ...

Does Bank of Canada offer high-interest savings?

And since the Bank of Canada has slashed interest rates in the wake of the coronavirus pandemic, many of these small online banks are offering better high-interest savings options than their big-bank competitors at the moment. Should I get a high-interest savings account? ...

Do high-interest savings accounts offer attractive interest rates?

While high-interest savings accounts offer attractive interest rates, keep in mind that these rates may only be applicable for a limited time. After the introductory period ends, the regular interest rate may be significantly lower. Some high-interest savings accounts may come with monthly maintenance fees. ...

What is a high interest savings account (Hisa) in Canada?

With a solid 5% interest rate and extra perks, it offers more rewards and the highest rate of all high interest savings accounts in Canada. Choosing a High Interest Savings Account (HISA) in Canada allows you to earn competitive interest rates on your savings while keeping funds easily accessible. ...