Institution profile · Domestic bank (Schedule I)
Wealth One Bank of Canada
ActiveWealth One Bank of CanadaCDIC
Wealth One Bank of Canada is a Toronto Schedule I digital bank that received its letters patent in 2015.
Profile facts checked October 30, 2026
Best posted savings rate2.75%High Interest Savings Account, on $10,000
Deposit protectionCDICDomestic bank (Schedule I)
At a glance
- Legal name
- Wealth One Bank of Canada
- Type
- Domestic bank (Schedule I)
- Head office
- Toronto, ON
- Founded
- 2015 — Letters patent received July 22, 2015.
- Regulator
- Office of the Superintendent of Financial Institutions (OSFI) for safety and soundness; Financial Consumer Agency of Canada (FCAC) for consumer protection
- Best posted savings rate
- 2.75% on $10,000 (High Interest Savings Account)
- Website
- www.wealthonebankofcanada.com
Deposit protection
CDIC member.
Names CDIC lists for this member: WealthONE.
Wealth One Bank of Canada savings accounts and posted rates
| Account | Rate at $10,000 | Monthly fee |
|---|---|---|
| High Interest Savings Account | 2.75% | No monthly fee |
On the official lists
| Legal entity | OSFI list | CDIC member |
|---|---|---|
| Wealth One Bank of Canada | OSFI — Schedule I domestic bank | Yes |
Facts, with sources
- Received its letters patent on July 22, 2015 from the Minister of Finance.Source: wealthonebankofcanada.com
- Describes itself as a Canadian-owned, federally chartered Schedule 1 digital bank regulated by OSFI.Source: wealthonebankofcanada.com
Mitey’s note
Your own pattern can change the order. Put your numbers into the true-cost finder to rank Wealth One Bank of Canada’s accounts against everyone else’s.
Educational information only, not financial, legal or tax advice. CanadianBanks.ca is independent and is not affiliated with, endorsed by or paid by any institution listed. Confirm details with the institution and the official sources linked on each page before you act. Read the full disclaimer.