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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

Getting started with banking

Face, Happy, Head
Best Student Bank Accounts in Canada for 2025
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 2025
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 for 2025
Best Banks for International Students in Canada for 2025
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
Person, Writing, Pen
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 for 2025
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

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on BMO's website
BMO Performance Chequing Account

Jump start your savings

Best Accounts to Save Money in Canada for April 2025
Best Accounts to Save Money in Canada for April 2025
Siddhi BagweSiddhi Bagwe
Choose the best savings account from the top registered and non-registered plans in Canada by comparing interest rates, fees and convenience.
Woman banking on her phone while smiling.
Canada’s 24 Best Online Savings Accounts for 2025
Siddhi BagweSiddhi Bagwe
The best online savings accounts have high interest rates and low or no fees. These bank accounts are offered by virtual, online-only banks.
Adult, Male, Man
Best High-Interest Savings Accounts in Canada for 2025
Siddhi BagweSiddhi Bagwe
Compare top interest rates and find the best no-fee high-interest savings accounts (HISAs) in Canada.

Invest in your future

Adult, Female, Person
Compare GIC Rates in Canada for 2025: 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 April 2025
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 2025
Best RRSP Accounts and Rates in Canada for 2025
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

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