|Purchase interest rate||Bank account||Included||1st year return|
|1.5%||EQ Bank Savings Plus Account||Free e-transfers and no everyday banking fees||$75||Get this rate Get more details|
|1.25%||Oaken Financial Oaken Savings Account||unlimited withdrawals and transfers||$62||Get this rate Get more details|
|1.5% 0.05% after 120 days||CIBC eAdvantage Savings Account||Free paperless e-statements; Free Braille/large print statement (if requested)||$26||Get this rate Get more details|
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This account is a winner of the Personal Finance Awards in the Top Savings Account product category. Learn more about our yearly Personal Finance Awards here. 2020 Winner
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About Oaken Financial
Oaken Financial is a rising direct-to-consumer deposit business in Canada. As a part of the nation's largest independent trust company, Home Trust, Oaken Financial offers some competitive savings and GIC rates. Currently, Oaken Financial offers online banking and has branches in Toronto, Vancouver, Calgary, and Halifax.
Oaken Financial Oaken Savings Account
Oaken Financial’s only savings account option is called the Oaken Savings Account. With a very competitive daily savings rate, the Oaken Savings Account makes transferring and withdrawing easy without charging any transaction fees. In addition, Oaken Financial doesn’t charge monthly fees, nor does it require a minimum balance. The Oaken Savings Account can be used for both personal and commercial needs.
Compare other Oaken Financial products
In addition to savings accounts, you can also get an Oaken Financial GIC, which pays one of the highest interest rates in Canada.
Get the best savings account
With unlimited free withdrawals and transfers, Oaken Financial’s Oaken Savings Account is one of the most competitive amongst other banks. However, there still may be other savings accounts that are better tailored to your needs. You can compare Oaken Financial’s rates to those offered by other banks by using our savings account comparison tool.