Based on research of everyday chequing, savings and high-interest savings accounts comparing and limited to PC Financial®, Simplii Financial, Tangerine, BMO, RBC, Scotiabank and CIBC. Figures are based on savings over 12 months with $10,000 deposited within a savings account.
| Bank & Account | Base Rate | Promotional Rate | Promotional Period | Interest Earned |
|---|---|---|---|---|
| Bank & Account | Base Rate | Promotional Rate | Promotional Period | Interest Earned |
| PC Financial® | 2.70% | -- | -- | $273.37 |
| BMO | 0.70% | 4.60% | 4 Months | $201.70 |
| Tangerine | 0.30% | 4.50% | 5 Months | $206.76 |
| RBC | 0.65% | 4.70% | 3 Months | $167.39 |
| Scotiabank | 0.55% | 4.90% | 3 Months | $164.83 |
| Simplii Financial | 0.30% | 4.25% | 4 Months | $162.72 |
| CIBC | 0.25% | 4.75% | 3 Months | $138.21 |
Based on rates taken from public websites on September 25, 2025; refer to each bank’s website for full details about their interest rate. All rates and offers are subject to change. For illustrative purposes only, actual earning will vary based on individual behaviour and current rates available. “Other banks” information has been shown as an average amount for comparison with banks noted above excluding PC Financial® (which is listed separately). All trademarks are the property of their respective owners.