Earn more with high interest savings accounts. Compare the best HISA rates from Canadian banks with no fees and unlimited transactions.
Updated March 2026 - Start earning more today
| Rank | Bank | Rate | Term | Min Deposit | Action |
|---|---|---|---|---|---|
|
🥇 #1
|
Scotiabank
HISA
|
5.0%
APY
|
Various
|
$0
|
View Details |
|
🥈 #2
|
CIBC eAdvantage Savings Account
HISA
|
4.9%
APY
|
Various
|
$0
|
View Details |
|
🥉 #3
|
Scotiabank Momentum PLUS Savings Account
HISA
|
4.9%
APY
|
Various
|
$0
|
View Details |
|
#4
|
Bank of Nova Scotia
HISA
|
4.9%
APY
|
Various
|
$0
|
View Details |
|
#5
|
RBC High-Interest eSavings Account
HISA
|
4.7%
APY
|
Various
|
$0
|
View Details |
All featured HISAs are protected by Canada Deposit Insurance Corporation up to $100,000 per depositor.
We track rates from all major Canadian banks and credit unions to ensure you get the best returns on your money.
Our rate data is updated daily to ensure you always have access to the most current information.
Compare all available HISA rates from Canadian financial institutions
| Bank | Product | Rate | Term | Min Deposit | Features | Action |
|---|---|---|---|---|---|---|
|
Scotiabank
|
HISA
|
5.0%
|
Flexible
|
$0
|
|
Learn More → |
|
CIBC eAdvantage Savings Account
|
HISA
|
4.9%
|
Flexible
|
$0
|
|
Learn More → |
|
Scotiabank Momentum PLUS Savings Account
|
HISA
|
4.9%
|
Flexible
|
$0
|
|
Learn More → |
|
Bank of Nova Scotia
|
HISA
|
4.9%
|
Flexible
|
$0
|
|
Learn More → |
|
RBC High-Interest eSavings Account
|
HISA
|
4.7%
|
Flexible
|
$0
|
|
Learn More → |
|
Royal Bank
|
HISA
|
4.7%
|
Flexible
|
$0
|
|
Learn More → |
|
RBC
|
HISA
|
4.7%
|
Flexible
|
$0
|
|
Learn More → |
|
Tangerine Savings Account
|
HISA
|
4.5%
|
Flexible
|
$0
|
|
Learn More → |
|
Tangerine Bank
|
HISA
|
4.5%
|
Flexible
|
$0
|
|
Learn More → |
|
Tangerine
|
HISA
|
4.5%
|
Flexible
|
$0
|
|
Learn More → |
|
Simplii Financial High-Interest Savings Account
|
HISA
|
4.25%
|
Flexible
|
$0
|
|
Learn More → |
|
ATB Financial
|
HISA
|
4.2%
|
Flexible
|
$0
|
|
Learn More → |
|
KOHO Spending and Savings Account
|
HISA
|
4.0%
|
Flexible
|
$0
|
|
Learn More → |
|
KOHO
|
HISA
|
4.0%
|
Flexible
|
$0
|
|
Learn More → |
|
Neo Financial
|
HISA
|
3.5%
|
Flexible
|
$0
|
|
Learn More → |
|
EQ Bank
|
HISA
|
3.3%
|
Flexible
|
$0
|
|
Learn More → |
|
Simplii Financial
|
HISA
|
3.3%
|
Flexible
|
$0
|
|
Learn More → |
|
Laurentian Bank
|
HISA
|
3.2%
|
Flexible
|
$0
|
|
Learn More → |
|
Wealth One Bank of Canada High-Interest Savings Account
|
HISA
|
3.1%
|
Flexible
|
$0
|
|
Learn More → |
|
Wealth
|
HISA
|
3.1%
|
Flexible
|
$0
|
|
Learn More → |
The best HISA rates in Canada 2026 range from 4.00% to 4.75% APY. EQ Bank, Tangerine, and Simplii Financial consistently offer the highest rates with no monthly fees and unlimited transactions.
Promotional HISA rates are temporary higher rates offered for a limited time (usually 3-6 months) to attract new customers. Regular rates are the ongoing rates after promotions end. Always check what the rate drops to after the promotional period.
Yes, high interest savings accounts from CDIC member institutions are insured up to $100,000 per depositor. This includes most major Canadian banks and credit unions. Always verify CDIC membership before opening an account.
Most high interest savings accounts offer unlimited transactions and instant access to your funds through online banking, mobile apps, and ATMs. Some may have limits on in-branch transactions or monthly withdrawals, so check the terms.
Many of the best HISA rates require no minimum balance, though some institutions offer tiered rates with higher minimums earning better rates. Online banks typically offer the best rates with no minimum balance requirements.
Compare all the best HISA rates in Canada and find your perfect match.