The best savings and investment accounts in Canada for 2024 + MORE May 1st

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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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The best Visa credit cards in Canada for 2024
This guide to the best Visa cards in Canada will help you narrow down the field and find a credit card that fits your lifestyle.

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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.

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Banking

The best bank accounts for side hustles in Canada
The best bank accounts for side hustles including options with no fees, unlimited transactions, rewards, high interest, and no foreign exchange fees.

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The best bank accounts for side hustles in Canada

By Keph Senett on May 1, 2024Estimated reading time: 14 minutes

If you have a side hustle, like selling on Etsy or delivering food, you’re in good company. According to a new study by H&R Block, a full 28% of Canadians are taking on short-term or freelance work to make ends meet. With record inflation and a high cost of living, having more than one source of income may help you pay your bills or give you a little extra spending money. Getting the right bank account for your side hustle could help you stretch your earnings even further. 

Whether you’re looking for a true business package or a dedicated account for your side job, you’ll want to know about fees, transaction limits, interest rates and perks…

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The best savings and investment accounts in Canada for 2024
Here are the best accounts to hold your savings and investments.

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

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