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.

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

Best Student Bank Accounts in Canada

Clay 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.

Best Banks for Newcomers in Canada for 2026

Siddhi 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 2026

Siddhi Bagwe

The best banks for international students in Canada can accommodate your savings, day-to-day banking and financing needs.

Banking basics

Common Types of Bank Accounts in Canada

Siddhi Bagwe

How to Open a Bank Account

Siddhi 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 Logan

A confident bank associate meeting and shaking hands with happy couple.

What Is a Chequing Account? How Do I Use One?

Hannah Logan

A Guide to Common Canadian Bank Fees and Charges

Siddhi Bagwe

How to Write a Cheque in Canada

Siddhi Bagwe

What Is a Debit Card and How Does It Work?

Siddhi Bagwe

How Direct Deposit Works and How to Set It Up in Canada

Kurt Woock

Get the most from your bank account

Best No-Fee Chequing Accounts in Canada

Siddhi 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

Siddhi Bagwe

For folks who are at least 60 years of age, senior chequing accounts may offer unlimited transactions, free cheques and no monthly fees.

Best Business Bank Accounts in Canada

Siddhi Bagwe

The right business bank account will keep your operation well-oiled while reducing overhead costs.

Partner 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

Jump start your savings

Find the Best Account to Save Your Money in 2026

Siddhi Bagwe

Find a savings account that fits your goal, then see how rate changes could affect your estimated earnings.

Best Tax-Free Savings Account Rates in Canada for 2026

Siddhi 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 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

Compare GIC Rates in Canada for 2026: Best 1- to 5-Year GICs

Siddhi Bagwe

The best GIC rates offer a secure and reliable way to grow your money over a set term.

Best Short-Term GIC Rates in Canada for April 2026

Siddhi 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

Siddhi 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

Best Tangerine Bank GIC Rates for April 2026

Tangerine Bank GICs are available in short and long terms with high-interest earning registered, non-registered and U.S. dollar investments. Read more.

Best Motive Financial GIC Rates (Not Accepting New Clients)

Motive Financial is no longer accepting new clients. Information on this page may be outdated. Read more.

Best EQ Bank GIC Rates for April 2026

EQ Bank’s GICs are no-frills, fee-free investment options with a high interest rate and an ultra-low minimum deposit. Read more.

Best Simplii Financial GIC Rates for April 2026

Simplii Financial GICs consistently offer attractive regular interest rates on RRSP and non-registered plans investments, starting at $100. Read more.

Best Scotiabank GIC Rates for April 2026

Scotiabank offers redeemable, non-redeemable and market-linked GICs with competitive interest rates and terms starting at 1 year. Read more.

Best CIBC GIC Rates for April 2026

Compare CIBC GIC rates for the various types of GICs to choose the best term for your investment goals. Read more.

Best BMO GIC Rates for April 2026

Bank of Montreal, or BMO, is one of the Big Six banks in Canada. It offers a range of GICs starting at a $1,000 minimum deposit. Read more.

Best National Bank GIC Rates for April 2026

Compare National Bank GIC rates for various redeemable, non-redeemable, market-linked and USD GICs to choose the best investment option for you. Read more.

Best RBC GIC Rates for April 2026

RBC’s non-redeemable GICs offer high interest rates, a wide range of terms, RRSP and TFSA eligibility, and can be opened with as little as $500. Read more.

Best TD GIC Rates for April 2026

TD Bank is one of the big 6 banks that offers a range of GICs at terms, interest rates and redeemability options starting at a $500 minimum deposit. Read more.

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