The best high-interest savings accounts in Canada for 2024 + MORE Aug 12th

How to go about securing the best return for your investment in Canada.
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At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »
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Best bank accounts for side hustles in Canada 2026 + MORE May 20th

More and more Canadians are learning how to hustle, with an estimated 28% of Canadians taking on short-term or freelance work, according to an H&R Block study. Gig work can be great for supplementing your income or paying for unexpected expenses, but you may want to keep that income separate fro.... More »
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Despite tariff pause, uncertainty hangs over Canadian economy - CTV News Feb 4th

Despite tariff pause, uncertainty hangs over Canadian economy  CTV NewsThe trade war is off — but for how long?  CBC.caTrump Tariffs Delay Lets Stock Markets Breathe. Why China Could Change That and 4 Other Things to Know Today.  Barron'sBell: Trudeau no hero — Dani.... More »

A wish list for Carney’s fall budget + MORE Oct 22nd

Statistics Canada’s midsummer report on Canadians’ disposable income showed an increase across all income quintiles in the first quarter of 2025, by a healthy average of 6% to 7% for the highest earners and 3.2% for the lowest. That was good news; the increases were above the inflation rate of 2.... More »

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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.

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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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GIC comparison tool

Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

Frequently asked GIC questions

Here you’ll find the answers to common GIC questions, along with information on the best GIC rates available right now. If GICs are new to you, and you want to learn everything there is to know, start by reading our guide below.

Which bank has the highest rate for a GIC?
Small financial institutions, such as credit unions, typically offer more competitive GIC rates than the large banks…

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Trudeau defends billions spent attracting electric vehicle industry to Canada  National PostGoodyear Canada Inc. investing more than $575 million to expand Ontario plant, creating and securing more than 1,000 jobs  Prime Minister of CanadaOttawa, Ontario announce $575M expansion of Goodyear tire plant  CBC.caTrudeau and Ford lure $575M Goodyear investment in Napanee with $64.3M in subsidies  Toronto StarGoodyear to modernize its tire plant in southeastern Ontario  CBC.ca

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