Let’s help you find the best savings accounts
Don’t settle for average returns. Compare the best savings accounts with the highest rates and top money-saving perks.
Sponsored
EQ Bank
3.75%Features of chequing without any of the fees
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Simplii Financial ™
6.00%Earn 6.0% interest rate on your first Simplii Financial High Interest Savings Account for the first 5 months. Limits apply. Offer ends January 31st, 2025.
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EQ Bank
2.50%EQ Bank Tax Free Savings Account
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Scotiabank
4.85%Right Size Savings for Business: Bonus rate of 1.60% when you open a new account for the first 6 months. When combined with current rates is up to 5.40% for first 6 months.
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Compare the best savings accounts - by type
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Education centre
Our education centre is here to help you learn everything you need to know about savings accounts.
What is a savings account?
Learn the fundamentals about savings accounts - from their purpose, how they function, and why almost everyone should open one.
read moreWhat is a high interest savings account?
We delve into the details of what separates high interest savings accounts from regular accounts, and we do the math to show how much more you can earn.
read moreWhat are registered savings accounts?
Registered accounts can help you achieve specific financial goals - like saving for retirement or your child's education.
read moreSavings account alternatives
Savings accounts are great for putting aside some money for a rainy day – but they aren’t the only option. We take a look at some alternatives and how they measure up.
read moreAbout tiered savings accounts
Learn about the different ways interest can be calculated on a savings account, and find out if a tiered savings account is right for you.
read moreAbout U.S. savings accounts
We break down what a U.S. saving account is, and the reasons you might want to open one.
read more
Search and compare your savings accounts options
From the big banks to credit unions, and online-first institutions, we list the best savings accounts from all types of providers.
Customer testimonials
Great experience, super convenient
Great experience, super convenient, would absolutely recommend. Started with my credit card and now use for chequing and savings account, very happy.
Steve S. | Ottawa, ON
Teaches you how to compare different products
Ratehub teaches you how to compare different products/services in the market! It mastered me to compare different credit cards in the market and helped me to choose one! Got my Amex Cobalt Card through ratehub... rewards...redeem...save...!
Sandeep C. | Toronto, ON
Super easy to use
Super easy to use. I had no idea what travel credit card I should get and the site walked me through a questionnaire so I could pick the right one. Super happy.
Alyssa L. | Ottawa, ON
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About Ratehub.ca
We help you find better financial products for your specific needs. Whether you need a mortgage, credit card, savings account, or insurance coverage, we get you the information you need to choose better.
How does Ratehub.ca make money?
Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.
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