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Best Savings Account Rates in Canada 2026

Compare the highest HISA rates available today. Sorted by highest rate first.

✓ Rates verified Last updated June 10, 2026 · Updated weekly
Bank Account Interest Rate Min Balance Notes
Neo Financial Best Rate
Neo Money Account 4.00% None No minimums
Wealthsimple
Cash Account 4.00% None Premium plan earns more
BMO
Smart Saver Account 3.75% None Minimum balance may apply
EQ Bank
Savings Plus Account 3.75% None No monthly fees, no minimums
Oaken Financial
Oaken Savings Account 3.50% None Division of Home Trust
KOHO
KOHO Savings 3.00% None Up to 5% on eligible plans; plan fees apply
Tangerine
Savings Account 1.00% None Promo rates available for new clients
Simplii Financial
No-Fee Savings Account 0.10% None Promo rates for new deposits
Scotiabank
Momentum PLUS Savings 0.05% None Bonus rate for 90-day periods
CIBC
eAdvantage Savings Account 0.01% None Standard rate
RBC
High Interest eSavings 0.01% None Standard rate — promo rates vary
RBC
High Interest eSavings 0.01% None Standard rate — promo rates vary
TD Bank
TD eSavings Account 0.01% None Standard rate — promo rates vary
Bank Account Interest Rate Min Balance Notes
EQ Bank Best Rate
TFSA Savings Account 3.75% None Tax-free growth
Oaken Financial
TFSA Savings Account 3.50% None CDIC insured
Bank Account Interest Rate Min Balance Notes
EQ Bank
RSP Savings Account 3.75% None Tax-sheltered growth
Bank Account Interest Rate Min Balance Notes
National Bank
Total Chequing Account 0.01% None Standard savings interest

Disclaimer: Rates shown are for informational purposes only and may differ from current advertised rates. Always verify directly with the bank before opening an account. Promotional rates are time-limited and subject to conditions. ilovemoney.net is not affiliated with any bank listed above.

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