What Canadian Bank gives the best interest rates on a savings account?
I will give 10 points to the person who is the most thorough and gives me a link to the bank’s interest rate website.
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November 7th, 2010 at 6:20 am
The major Canadian banks are the same, the names of different savings accounts may be different but the rates are the same.
You may get better rates through a credit union, or a virtual bank like ING direct
November 7th, 2010 at 7:19 am
Two that were better were ING direct and ICICI (its indian). Otherwise the big nationals are pretty much the same. probably better at a credit union like Duca. Shop around and see they all have web sites.
November 7th, 2010 at 7:21 am
We like Presidents Choice Go to Real canadian Suprstore to sign up You can use your card at CIBC but better deals Cah back instead of points on grocerys & gas no fee checking Been with them 3 years no problems
November 7th, 2010 at 7:56 am
well, i dont know any canadian bank, but you can try some big bank like Citi bank. From my reseach i find they have one of the highest APY and interest rates.
apy of 4.0% and interest rates of 3.92
November 7th, 2010 at 8:26 am
I thought CitizensBank out of Vancouver was offering 4.15% on savings accounts, similar to ING but with a better rate (ING is offering 3.65% right now on savings).
Edited to add: Citizens Bank “Ultimate Savings Account”
https://www.citizensbank.ca/Personal/Products/BankAccounts/UltimateSavingsAccount/
with an interest rate of 4%.