Even Canadian Tire Financial pays 1.5 per cent on its savings account – in real money.

TD Canada trust is the largest banking institution in Canada and provides Canadians with the most options when it comes to choosing a daily chequing account. This account is great for both spending (chequing) and savings and the interest rate is one of the best you will find in Canada. Think beyond the box - the right bank account can actually help you … Canadian Tire High Interest Savings Account: Available In: Canada (All Provinces except Québec) Offered By: Canadian Tire Bank: Product Page: Canadian Tire High Interest Savings Account: Interest Rate: 1.5 % Interest Rate Increased from 1.3 % to 1.5 % on November 2, 2017.

Implicity Financial pays 3.1 per cent on a GIC and 1.9 per cent on a high interest savings account.

This will get you up to 2.70% interest – but that’s including a 1.35% bonus rate that’s only around until August 31st, and some other bonus interest. Read my complete Wealthsimple Cash review . In addition to their savings and chequing accounts, Wealthsimple also offers an online investment service that’s worth checking out.

This is list of GIC (Guaranteed Investment Certificate) rates available at Canadian Banks. The highest rate you can get from a savings account at Scotiabank is through their Momentum Plus Savings Account. In Canada, there are two types of HISA, a savings account offered by financial institutions such as banks (including virtual banks) and credit unions and fund-based … Seniors are able to take advantage of monthly account fee rebates if you are 60 or older. Refine Your Search . The Canada Deposit Insurance Corporation (CDIC) automatically insures your eligible deposits up to $100,000. Compare the Best Bank Accounts in Canada. CDIC insures deposits held in Savings and chequing accounts. TD Canada Trust offers six different chequing accounts.

I am located in… Account Type. Below there is a list of best high-interest savings accounts in… Continue reading. Open savings account if you have some spare money in your chequing account and you don’t want to put it into long term GIC account. Investors looking for a safe, “fixed” return would have been better off in a guaranteed investment certificate or a high interest savings account. Most Canadian banks are members of the Canada Deposit Insurance Corporation (CDIC).

Initial Deposit $ Monthly Transactions; Minimum Balance $ No Monthly Fee Interest Earning Compare Accounts Check Out The Best Bank Accounts in Canada! It’s tough to pin down the best savings account in Canada because there are so many excellent choices that fit different banking needs. Two of which are specially designed for Students and youth. Best GIC rates. The best approach is to compare the different accounts side by side in order to find the one that most accurately matches your financial circumstances. Your deposits and products must be held in Canadian dollars at a CDIC member institution. Compare 100+ bank accounts and find the best place to keep your money.