Compare the best savings accounts in Canada for 2023 Jan 28th

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Compare the best savings accounts in Canada for 2023

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The best savings accounts in Canada for 2023
Here are the best accounts to hold your savings.

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Scan the savings account comparison table above to view interest rates offered by financial institutions across Canada.

Compare the best savings accounts in Canada for 2023

By MoneySense Staff on January 27, 2023Estimated Reading Time: 6 minutes

When it comes to choosing a savings product, the type of account is just as important as its features. And what you go with can depend on your money goals—investing or growing an emergency fund. Below, we break down the three main types of savings accounts and list our 2022 selections for the best savings accounts in Canada for each category.

The best high-interest savings accounts

While the rates offered can vary from account to account, you’ll want to consider other factors, too. For example, if you prefer to bank online or on your phone, you likely won’t miss the ability to make in-person transactions and can take advantage of the fact that banks without brick-and-mortar branches may offer higher rates…

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Not sure what the best bank rates in Canada are? Be sure to get the best rates possible – Visit our Canadian Banks for details.

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