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Best Savings Accounts in Canada

Find the account for your needs and earn high-interest on your savings.

Best Savings Account in Canada

Best Tax-Free Savings Account

2.25%

Interest Rate

Quarterly

Interest Compounding

No Minimum

Minimum Balance

Best High-Interest Account

2.30%

Interest Rate

Daily

Interest Compounding

No Minimum

Minimum Balance

Best Seniors Savings Account

1.20%

Interest Rate

Daily

Interest Compounding

No Minimum

Minimum Balance

Best Children Savings Account

1.20%

Interest Rate

Daily

Interest Compounding

No Minimum

Minimum Balance

Compare and Find the Best Savings Accounts in Canada

We have compiled an extensive list of the top savings accounts in Canada. Below you can sort savings account based on your saving style financial institution and a lot more!

Savings Account Canada is simply a deposit account issued by a financial institution which pays you interest on deposits, also called the principal. The accounts usually include a limited number of transactions and may also feature high transaction charges than the chequing accounts. Some accounts by certain banks may require minimum deposits for you to set up a savings account with them.

How does a Student Account Work?

Student accounts are provided by all major banks in Canada with specific services and facilities. Banks also see this as an opportunity to improve their client base and ‘catch them young’. Opening and maintaining the account is a simple process in Canada. The savings...

How to Save money with TFSA?

        Save money with a TFSA - Tax-Free Savings Account If you are a Canadian resident willing to make some tax free investments then Tax Free Savings Account(TFSA) is just for you. It’s a Canadian government initiative started in 2009. The main idea is to give some...

Children’s Bank Accounts – Your Guide

Children’s bank accounts are an excellent way to prepare for your child’s future. But what are the options when it comes to the accounts? What sort of variants should be reviewed before making a decision regarding what children’s account to open? At first glance, children’s bank accounts may seem perfect, but there are various factors at play. We will review a few major factors that play a role in the usefulness and effectiveness of a children’s bank account.