The best high-interest savings accounts in Canada for 2025

Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.… See more

CouponFollow Extension

45%
OFF

7 Best Savings Accounts In Canada In 2025 | Terms & Rates

3 weeks from now

The big reason to pay attention to EQ is the interest rate. EQ Bank offers an unprecedented 2.45% standard interest rate. This is the highest interest rate for savings accounts in Canada. …

income.ca

50%
OFF

What Is A High-Interest Savings Account? - NerdWallet Canada

3 weeks from now

4 days ago · As of January, 2025, NerdWallet’s picks of competitive high-interest savings accounts are approximately offering interest rates from 0.50% to 5.25%.

nerdwallet.com

89%
OFF

Money Market Interest Rates Today: January 31, 2025 - Forbes

3 weeks from now

3 days ago · Current Money Market Rates As of today, the highest money market rate is 4.89%, compared to a national average rate of 0.54%. Here are today’s money market account rates: …

forbes.com

75%
OFF

Best Savings Interest Rates Today, January 29, 2025 (top Rate At …

3 weeks from now

6 days ago · As of January 29, 2025, the highest savings account rate available from our partners today is 4.75% APY. This rate is offered by Openbank and there is a $500 minimum opening …

yahoo.com

FAQs about The best high-interest savings accounts in Canada for 2025 Coupon?

Are high-interest savings accounts a good investment in Canada?

In Canada, there are three main accounts worth considering: Throughout this article, we’ve been focused on high-interest savings accounts. Mainly as they tend to be the most common option for people looking to save and earn high rates of interest. High-interest savings accounts are great for both short-term and long-term investing. ...

What is the best savings account of 2025?

Our choice for the best savings account of 2025 is the KOHO Earn Interest account. It’s a unique account with a sky-high 4% interest rate, zero transaction fees, a free cash back prepaid Mastercard, and an intuitive app that allows purchase tracking and savings goals. ...

Which Canadian Bank has the best high interest savings account?

What Canadian bank has the best high interest savings account? The best HISA for 2024 belongs to Saven Financial which had one of the highest interest rates on the market throughout 2023. In addition to their excellent rate, this savings account includes: ...

What is the best high-yield savings account in Canada?

Our pick for the best high-yield savings account in Canada is the PC Financial PC Money Account. This hybrid account pays a high ongoing interest rate of 4% on every dollar you deposit, while offering convenient access to your funds with unlimited transactions, no monthly fee and no minimum balance requirement. ...

Are Canadian savings accounts a good investment in 2024?

Although you may not get the same level of interest you would with a GIC, a HISA ETF, or the the stock market, these savings accounts provide outstanding liquidity so that you can utilize them to grow even the shortest of short-term savings. In 2024, Canadian financial institutions continue to offer competitive rates within these accounts. ...

How do bank of Canada interest rates affect savings accounts?

While the Bank of Canada’s interest rate decisions influence the rates across the board for savings accounts, individual banks and financial institutions provide a variety of offerings that include different structures of fees and bonuses. ...