HISA rate update
Saven Matches WealthONE at 3.00% as EQ Bank and Hubert Raise Savings Rates
- Saven raised its savings rate from 2.85% to 3.00%, which ties WealthONE for the highest regular rate we track on a $10,000 balance. The same 3.00% applies to Saven’s TFSA, FHSA, RRSP and RRIF savings accounts.
- Hubert Financial went from 2.50% to 2.75%, in its regular and registered savings accounts. It is now fourth, behind Oaken at 2.80%.
- EQ Bank raised its bonus, notice and registered savings rates, effective November 3: the bonus rate with direct deposit 2.75% → 3.00%, 30 Day Notice 2.75% → 3.00%, 10 Day Notice 2.35% → 2.50%, and TFSA, FHSA and RRSP cash savings 1.50% → 1.75%. The no-condition Personal Account rate stays at 1.50%.
- Scotiabank raised its High Interest Savings tiers by 25 basis points, effective November 4. The rate depends on your total relationship balance: 1.75% at the $10,000 level, up to 2.45% at $500,000 or more. Balances under $10,000 still earn 0.00%.
- The best Big Six regular rate is still 0.65%, at RBC and National Bank. No new promotions this week.
Savings promotions: what they pay over a year
| Bank | Promo rate | For | Then | Full year | Conditions |
|---|---|---|---|---|---|
| TangerineNew Client Savings Offer (registered) | 5.00% | 5 months | 0.30% | 2.27% | new clients with a Client Number created Jul 28 – Nov 30, 2026; open within 60 days; max $1,000,000 per account type |
| TangerineNew Client Savings Offer (non-registered) | 4.50% | 5 months | 0.30% | 2.06% | new clients with a Client Number created Jul 28 – Nov 30, 2026; open within 60 days; max $1,000,000 per account type |
| BMOSavings Amplifier Account (promotional) | 5.00% | 4 months | 0.45% | 1.95% | open together with a new eligible BMO chequing account; Canadian residents; balances up to $1,000,000; the page still shows the offer on Nov 5 with no dates, so the end date of the current offer is not confirmed |
| CIBCCIBC eAdvantage Savings Account (new account special) | 5.00% | 3 months | 0.30% | 1.46% | first CIBC eAdvantage Savings Account; limits apply |
Full year = the promotional rate for the promotional period, then the regular rate for the rest of 12 months.
Top HISA rates this week
| # | Bank and account | Rate |
|---|---|---|
| 1 | Saven FinancialHISA · Ontario credit union (FSRA) | 3.00% |
| 1 | WealthONEHigh Interest Savings Account · CDIC | 3.00% |
| 3 | Oaken FinancialSavings Account · CDIC | 2.80% |
| 4 | Hubert FinancialHigh Interest Savings · Manitoba credit union (DGCM) | 2.75% |
| 5 | Haventree BankEveryday Growth Account (chequing/savings hybrid) · CDIC | 2.50% |
| 6 | Outlook FinancialHigh Interest Savings Account · Manitoba credit union (DGCM) | 2.20% |
| 7 | AchievaDaily Interest Savings Account · Manitoba credit union (DGCM) | 2.05% |
| 8 | Manulife BankAdvantage Account · CDIC | 1.65% |
| 9 | EQ BankPersonal Account (base rate) · CDIC | 1.50% |
| 10 | Peoples Truste-savings · CDIC | 1.20% |
| 10 | Peoples Banke-savings · CDIC | 1.20% |
| 12 | Alterna BankHigh Interest eSavings Account · CDIC | 1.05% |
| 13 | Innovation Credit UnionSavings Account · CDIC | 0.70% |
| 14 | RBCHigh Interest eSavings · CDIC | 0.65% |
| 14 | National BankHigh Interest Savings Account · CDIC | 0.65% |
| 16 | TDePremium Savings Account · CDIC | 0.55% |
| 17 | BMOSavings Amplifier Account · CDIC | 0.45% |
| 18 | Conexus Credit UnionSavings · Saskatchewan credit union | 0.35% |
| 19 | TangerineSavings Account · CDIC | 0.30% |
| 19 | SimpliiHigh Interest Savings Account · CDIC | 0.30% |
| 19 | CIBCeAdvantage Savings Account · CDIC | 0.30% |
| 19 | Coast CapitalThe High-Interest Savings Account · CDIC | 0.30% |
Regular rates a new customer gets with no conditions, at a $10,000 balance, non-registered, Canadian dollars. HISA rates are variable and can change at any time.
Higher rates with conditions
| Bank and account | Rate | Condition |
|---|---|---|
| TDTD Growth Savings Account (boosted) | 1.00% | eligible TD chequing (Unlimited / All-Inclusive / Private) + 2 of 3 monthly transactions (direct deposit, online bill payment, pre-authorized debit) |
| EQ BankPersonal Account (bonus with direct deposit) | 3.00% | recurring direct deposits of at least $2,000/month |
| EQ Bank30 Day Notice Savings Account | 3.00% | 30 days notice to withdraw |
| EQ Bank10 Day Notice Savings Account | 2.50% | 10 days notice to withdraw |
| ScotiabankScotia High Interest Savings Account | 1.75% to 2.45% | rate set by Total Relationship Balance across Scotiabank accounts, not the HISA balance alone |
| WealthsimpleWealthsimple Chequing (Generation clients) | 2.25% | rate depends on client tier (Generation 2.25%, Premium 1.75%) |
| Neo FinancialNeo Savings (Grow membership) | 3.00% | paid membership (fees $0 to $14.99/month; Start 2.5%, Build 2.75%, Grow 3%) |
What changed
Compared with our November 2 check: Saven raised its HISA and registered savings from 2.85% to 3.00%; Hubert Financial raised its savings accounts from 2.50% to 2.75%; EQ Bank raised its bonus rate and 30 Day Notice from 2.75% to 3.00%, 10 Day Notice from 2.35% to 2.50%, and TFSA, FHSA and RRSP cash savings from 1.50% to 1.75%; and Scotiabank raised its High Interest Savings tiers to 1.75%, 2.00%, 2.25% and 2.45%. WealthONE, Oaken, Haventree Bank, Outlook, Achieva, Manulife, Tangerine, Simplii, RBC, TD, BMO, CIBC and National Bank did not change.
Our take
On $10,000 kept for a year, 3.00% at Saven or WealthONE pays about $300, Oaken’s 2.80% about $280 and Hubert’s 2.75% about $275. EQ Bank’s base rate pays about $150. Its 3.00% bonus also pays about $300, but it needs at least $2,000 a month in qualifying direct deposits, so we list it as a conditional rate and not in the ranking. EQ’s 30 Day Notice account also pays 3.00%, in exchange for giving notice before you withdraw.
WealthONE still pays more at the top tier: 3.25% from $25,000, against a flat 3.00% at Saven. Below $10,000, WealthONE pays 2.85%, so Saven is ahead for smaller balances.
The promotions still lose over a full year. Tangerine’s 5.00% for five months works out to about 2.27% in a registered account, BMO’s 5.00% for four months to about 1.95% and CIBC’s 5.00% for three months to about 1.46%. All three are below the regular rates at Saven, WealthONE, Oaken and Hubert. BMO’s page still advertises its offer but shows no dates, so confirm it is open before you count on it.
How we checked
On November 5, 2026 we read the savings account rate pages of 25 Canadian banks, credit unions and online savings providers. How we check these rates →
Keep comparing
The best high-interest savings accounts in Canada page always shows the ranking from our latest check. For one bank in detail, see TD high-interest savings account, CIBC savings account rates, EQ Bank savings rates and Oaken savings account rate. If you will not need the money for a year or more, compare the best GIC rates in Canada or read our GIC vs HISA guide.
