The best bank accounts in Canada for 2025
Explore our top picks for the best offers on chequing accounts and savings accounts in Canada for 2025.
Chequing accounts
Explore the best chequing accounts in Canada for 2025.
Simplii Financial No fee Chequing Account

Earn $300 as a new customer, and an extra $50 with referral code "Financeer"
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
ABM network:
24/7 customer support:
Yes
Yes
Yes
Total monthly cost:
$0.00
Tangerine No fee Daily Chequing Account

Earn $250 as a new customer, and an extra $50 with referral code "Financeer"
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
ABM network:
24/7 customer support:
Yes
Yes
Yes
Total monthly cost:
$0.00
EQ Bank Personal Account

Earn $20 with referral code "Financeer"
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
Free ABM withdrawals:
Interest earning rate:
Yes
Yes
Up to 4%
Total monthly cost:
$0.00
Cash back rewards:
Unlimited 0.5%
Yes
No FX fee:
Wealthsimple Cash Account

Earn $25 with referral code "Financeer"
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
Free ABM withdrawals:
Interest earning rate:
Yes
Yes
Up to 3.5%
Total monthly cost:
$0.00
Cash back rewards:
Unlimited 1%
Yes
No FX fee:
PC Financial Money Account

Earn 150,000 PC Optimum points worth $150
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
ABM network:
Interest earning rate:
Yes
Yes
Up to 3.5%
Total monthly cost:
$0.00
Savings accounts
Explore the best savings accounts in Canada for 2025.
Tangerine Savings Account

Earn $250 as a new customer, and an extra $50 with referral code "Financeer"
Monthly fee:
Transactions:
Interest earning rate:
$0.00
Up to 4.5%
Unlimited/$0.00
Yes
Mobile app:
Online banking:
ABM network:
24/7 customer support:
Yes
Yes
Yes
Total yearly return:
(Based off a balance of $5000)
$225.00
EQ Bank Personal Account

Earn $20 with referral code "Financeer"
Monthly fee:
Transactions:
Interest earning rate:
$0.00
Up to 4%
Unlimited/$0.00
Yes
Mobile app:
Online banking:
Free ABM withdrawals:
Cash back rewards:
Yes
Yes
Unlimited 0.5%
Total yearly return:
(Based off a balance of $5000)
$200.00
No FX fee:
Yes
Simplii Financial High Interest Savings Account

Earn $300 as a new customer, and an extra $50 with referral code "Financeer"
Monthly fee:
Transactions:
Interest earning rate:
$0.00
Up to 3.9%
Unlimited/$0.00
Yes
Mobile app:
Online banking:
ABM network:
24/7 customer support:
Yes
Yes
Yes
Total yearly return:
(Based off a balance of $5000)
$195.00
Wealthsimple Cash Account

Earn $25 with referral code "Financeer"
Monthly fee:
Transactions:
Interest earning rate:
$0.00
Up to 3.5%
Unlimited/$0.00
Yes
Mobile app:
Online banking:
Free ABM withdrawals:
Cash back rewards:
Yes
Yes
Unlimited 1%
Total yearly return:
(Based off a balance of $5000)
$175.00
No FX fee:
Yes
EQ Bank 30-Day Notice Savings Account

Earn $20 with referral code "Financeer"
Monthly fee:
Transactions:
Interest earning rate:
$0.00
$0.00
3.05%
Yes
Mobile app:
Online banking:
Free ABM withdrawals:
Withdrawal notice:
Yes
Yes
30 days
Total yearly return:
(Based off a balance of $5000)
$152.50
