Which bank offers the cheapest tariffs for high-interest saving accounts22.06.2021

Bankchart.ca has reviewed the tariffs for the cash and settlement services offered to high-interest saving accounts. Our website's analysts have studied the offers from all Canadian banks, which place rates on their websites. Review date - 22.06.2021

As of 15 June 2021 the services under review have been offered by 5 banks.   The total number of offers meeting the foregoing terms - 18.

The following values are customary in the market of the cash and settlement services for high interest saving accounts, basic:

  • the average cost of opening an account - $ 0,56

  • the average cost of monthly servicing - $ 13,16

  • the average interest accrued on the account balance - 0,39 % p.a.

The table below shows the best offers by each bank selected by Bankchart.ca (in terms of monthly service cost).

The TOP-5 best programs of the cash and settlement services for personal in Canada as of 15 June 2021

#

Name

Monthly fee

1

0,05

monthly fee

one time fee

$ 0,00

min. balance

$ 50 000,00

interest paid

0,05 %

2

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 1 000,01

3

0,15

monthly fee

one time fee

$ 10,00

min. balance

$ 0,00

interest paid

0,15 %

4

0,05

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

interest paid

0,05 %

5

0,30

monthly fee

one time fee

$ 0,00

min. balance

$ 5 000,00

interest paid

0,30 %

To view the up-to-date rating of the cash and settlement services for high interest saving accounts, basic at our website, click here.

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