Banking · Savings Accounts
Best high-interest savings
accounts in Canada 2026
Your Big Bank savings account is paying you almost nothing. Online banks pay 3–4.5% on the same money. Here's where to move it.
◈ Key fact
The Big Five banks pay 0.01–0.05% on standard savings accounts. Online banks consistently pay 3–4.5% on the same CDIC-insured deposits. On $10,000 in savings, that's the difference between $5/year and $450/year.
Rates are variable and verified weekly. Promotional rates expire — confirm current rate before opening an account. All listed accounts are CDIC-insured up to $100,000. Rankings are never influenced by compensation.