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Banking

Whether you need a high-interest savings account, a chequing account or a GIC, we can help you find the right options so you can make the smartest banking decisions.
Banking
Best High-Interest Savings Accounts
Best Tax-Free Savings Accounts
Best RRSP Accounts
Best Chequing Accounts
Best New Bank Account Offers

📰 In the news...

National Bank and Fairstone Bank are acquiring Laurentian Bank in a nearly $2-billion split deal.

Find out who gets what, how it affects you, and what to do now.

Getting started with banking

Face, Happy, Head
Best Student Bank Accounts in Canada
Clay JarvisClay Jarvis
The best student bank accounts offer a combination of no monthly fees, numerous free transactions and other perks to make your day-to-day banking easier and more affordable.
Person, Walking, People
Best Banks for Newcomers in Canada for 2026
Siddhi BagweSiddhi Bagwe
Compare leading Canadian banks that have special accounts, plans and financial services with welcome offers for newcomers to choose the best bank for your needs.
Best Banks for International Students in Canada
Best Banks for International Students in Canada
Siddhi BagweSiddhi Bagwe
The best banks for international students in Canada can accommodate your savings, day-to-day banking and financing needs.

Banking basics

Computer, Electronics, Tablet Computer
Common Types of Bank Accounts in Canada
Siddhi BagweSiddhi Bagwe
Computer, Electronics, Laptop
How to Open a Bank Account
Siddhi BagweSiddhi Bagwe
A person putting a coin in a piggy bank, which is sitting on a table.
What Is a Savings Account? How Does It Work?
Hannah LoganHannah Logan
A confident bank associate meeting and shaking hands with happy couple.
What Is a Chequing Account? How Do I Use One?
Hannah LoganHannah Logan
Electronics, Phone, Mobile Phone
A Guide to Common Canadian Bank Fees and Charges
Siddhi BagweSiddhi Bagwe
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How to Write a Cheque in Canada
Siddhi BagweSiddhi Bagwe
Credit Card, Text, Electronics
What Is a Debit Card and How Does It Work?
Siddhi BagweSiddhi Bagwe
How Direct Deposit Works and How to Set It Up in Canada
How Direct Deposit Works and How to Set It Up in Canada
Kurt WoockKurt Woock

Get the most from your bank account

Head, Person, Face
Best No-Fee Chequing Accounts in Canada
Siddhi BagweSiddhi Bagwe
Canada’s best no-fee bank accounts are free bank accounts that can help you save money, earn rewards and manage your day-to-day expenses.
Best Senior Bank Accounts in Canada
Best Senior Bank Accounts in Canada
Siddhi BagweSiddhi Bagwe
For folks who are at least 60 years of age, senior chequing accounts may offer unlimited transactions, free cheques and no monthly fees.
Adult, Female, Person
Best Business Bank Accounts in Canada
Siddhi BagweSiddhi Bagwe
The right business bank account will keep your operation well-oiled while reducing overhead costs.
NerdWallet Home PagePartner Spotlight
BMO Performance Chequing Account

Start the New Year off right with up to $800 cash + Walmart Delivery Pass Subscription. Plus, enjoy no-fee daily banking for anyone in your household when they join your Everyday Banking Account. New to Canada? Enjoy no monthly fees for two years when you open a Performance chequing account. Apply now to get started.

APPLY NOW
on BMO's website
BMO Performance Chequing Account

Jump start your savings

Find the Best Account to Save Your Money in 2026
Find the Best Account to Save Your Money in 2026
Siddhi BagweSiddhi Bagwe
Find a savings account that fits your goal, then see how rate changes could affect your estimated earnings.
Electronics, Mobile Phone, Phone
Best Tax-Free Savings Account Rates in Canada for 2026
Siddhi BagweSiddhi Bagwe
The best high-interest tax-free savings accounts (TFSAs) have minimal fees and earn high rates of interest.
Woman banking on her phone while smiling.
Canada’s Top Online Bank Accounts for Chequing and Savings
Siddhi BagweSiddhi Bagwe
Compare Canada’s best online banks for no-fee savings and hybrid chequing, featuring high rates, 24/7 access and well-rated apps.

Invest in your future

Adult, Female, Person
Compare GIC Rates in Canada for 2026: Best 1- to 5-Year GICs
Siddhi BagweSiddhi Bagwe
The best GIC rates offer a secure and reliable way to grow your money over a set term.
Person, Adult, Female
Best Short-Term GIC Rates in Canada for February 2026
Siddhi BagweSiddhi Bagwe
The best short-term GICs grow your savings while keeping your hard-earned cash safely set aside.
Best RRSP Accounts and Rates in Canada for 2026
Best RRSP Accounts and Rates in Canada for 2026
Siddhi BagweSiddhi Bagwe
Use these high-interest RRSPs to build retirement savings in the short term before deciding how to invest your money in the long term.

Compare GICs from different banks

Need more help? Read our reviews.

We did the homework on Big Banks, credit unions and online-only banks so you don't have to.