Compare the Best Savings Accounts in Canada

EQ Bank Savings Plus Account

Provider: EQ BANK
Account Type(s): High Interest Savings Account,
Interest Rate: 2.00%*

The EQ Bank Savings Plus Account helps you get the most out of your money, with no everyday banking fees, no minimum balance and free transactions.

Standard Rates
  • Interest Rate: 2.00%*
  • Minimum Balance: $200,000.00
  • Maximum Balance: $0
  • Interac e-Transfers* Included: Free

  • Key Features
    • Zero Everyday Banking Fees
    • One of the highest rates
    • 2.00% everyday interest rate* (go to provider site for more details)
    • Free Interac e-Transfers*
    • Equitable Bank is a member of CDIC and your funds are eligible for deposit insurance
    • * Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.

    Account Features
    • Get an everyday 2.00% interest rate* with the flexibility a chequing account for everyday banking such as paying bill and transferring money when you need to – with free Interac e-Transfers® and free Electronic Funds Transfers.
    • EQ Bank is brought to you by Equitable Bank, a federally regulated Schedule I Bank with over 900 employees and total assets under management of approximately $33 billion.
    • * Interest is calculated daily on the total closing balance and paid monthly. Rates are per annum and subject to change without notice.

    Tangerine Savings Account

    Provider: TANGERINE
    Account Type(s): Standard Savings Account,
    Interest Rate: 1.05%*

    With a Tangerine Savings Account, you’ll enjoy no minimums, no service charges and no unfair† fees. You’ll also earn high interest on every dollar, every day.

    • Become a new Client and earn 2.75%* interest in your first Savings Account for 5 months**, now including RIF and US$ Savings Accounts. (Offer Expires Apr 30, 2020)

    Standard Rates
  • Interest Rate: 1.05%*
  • Account Fee: $0.00
  • Minimum Balance: $0.00
  • Debits Included: 10
  • Cost Per Debit: $1.50
  • Interac e-Transfers Included: 2
  • Cost Per e-Transfers: $1.50

  • Key Features
    • Grow your savings with a high interest rate of 1.05% since January 07, 2020.
    • Earn the same great rate on every dollar in your Account.
    • We simply don’t believe in unfair fees. So you won’t have to pay to save with us.
    • Create a personalized savings goal and use our Automatic Savings Program (ASP) to move money directly to your Tangerine Account.

    Account Features
    • No matter what you’re saving for, you can set up a savings Goal with your Savings Account and customize it to visualize your targets. Whether you’re saving up for a new home, a big purchase or a well-deserved vacation, we’ll help you stay on track to get there faster.
    • Getting started is easy. Start by signing up as a Tangerine Client—just click ‘Sign Me Up’ below to get started.