Savings Accounts in Canada Ranked by Posted Rate

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25 non-registered savings accounts offered in all ten provinces, ranked by interest minus fees on $10,000. Posted rates as listed with FCAC, retrieved November 1, 2026.
#	Account	Rate at $1,000	Rate at $10,000	Rate at $50,000	Interest less fees on $10,000
1	30 Day Notice Savings Account EQ Bank CDIC	2.75%	2.75%	2.75%	$275
2	Savings Wealthsimple Partner-held	2.5%	2.5%	2.5%	$250
3	10 Day Notice Savings Account EQ Bank CDIC	2.35%	2.35%	2.35%	$235
4	Neo Savings (Essentials) Neo Financial Partner-held	2%	2%	2%	$200
5	High Interest Savings Account (HISA) Equitable Bank CDIC	1.9%	1.9%	1.9%	$190
6	Advantage Account (savings & chequing) Manulife Bank CDIC	1.5%	1.5%	1.5%	$150
7	e-Savings Account Peoples Group CDIC	1.2%	1.2%	1.2%	$120
8	High Interest eSavings Account Alterna Bank CDIC	1.05%	1.05%	1.05%	$105
9	RBC High Interest eSavings Royal Bank of Canada CDIC	0.55%	0.55%	0.55%	$55
10	KOHO High Interest Savings (non-member) KOHO Partner-held	0.5%	0.5%	0.5%	$50
11	Savings Amplifier Account BMO Bank of Montreal CDIC	0.45%	0.45%	0.45%	$45
12	TD ePremium Savings Account TD Canada Trust CDIC	0%	0.45%	0.45%	$45
13	MomentumPLUS Savings Account Scotiabank CDIC	0.4%	0.4%	0.4%	$40
14	TD Growth Savings Account TD Canada Trust CDIC	0%	0.4%	0.4%	$40
15	CIBC eAdvantage Savings Account CIBC CDIC	0.3%	0.3%	0.3%	$30
16	Tangerine Savings Account Tangerine Bank CDIC	0.3%	0.3%	0.3%	$30
17	First Nations High Interest First Nations Bank of Canada CDIC	0.15%	0.15%	0.15%	$15
18	High Interest Savings Account First Nations Bank of Canada CDIC	0.05%	0.15%	0.15%	$15
19	Savings Builder Account BMO Bank of Montreal CDIC	0.05%	0.05%	0.05%	$5
20	Everyday Savings Account First Nations Bank of Canada CDIC	0.05%	0.05%	0.05%	$5
21	Premium Rate Savings BMO Bank of Montreal CDIC	0.01%	0.01%	0.01%	$1
22	RBC Day to Day Savings Royal Bank of Canada CDIC	0.01%	0.01%	0.01%	$1
23	Money Master Savings Account Scotiabank CDIC	0.01%	0.01%	0.01%	$1
24	TD Every Day Savings Account TD Canada Trust CDIC	0.01%	0.01%	0.01%	$1
25	RBC Enhanced Savings Royal Bank of Canada CDIC	0%	0.005%	0.01%	$1

No institution pays to be listed or ranked here. Order comes only from the published fees and your inputs — see the methodology.

How this ranking works

Accounts are sorted by the interest a $10,000 balance would earn in a year at the posted rate for that balance tier, minus any monthly fee. Registered accounts (TFSA, RRSP, FHSA, RRIF) and accounts limited to a group are left out. Rates are the posted rates institutions submit to FCAC; promotional and bonus rates may not appear.

What the score leaves out

Rebates for bundles or credit cards, welcome bonuses, app quality and customer service. Those matter, but they can’t be checked from published fee data — so they don’t move the order.

Frequently asked questions

Why might a bank’s website show a higher rate?

Many banks advertise promotional or bonus rates for new money or a limited time. FCAC’s tool lists the posted rate the institution submitted. We show that rate and date it; check the bank for current promotions.

Is savings interest taxable?

Yes, interest in a non-registered account is taxable income in the year it’s earned. Holding savings in a TFSA keeps the interest tax-free.

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.

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Savings accounts in Canada, ranked by posted interest rate

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