Rate guide · Ontario · data as of 2026-10-16

Best HISA rates in Ontario

Today's big game in Ontario: the highest HISA rates from the banks, credit unions and trust companies that serve it, eligibility-checked before they're listed.

See top rates ↓ · All HISA rates

Current #14.60%CIBC

Top savings rates in Ontario

Top posted savings rate per institution — liquid, no lock-in. Some tiers require minimum balances.

  1. 1CIBCDaily interest · Promo4.60%
  2. 2Meridian Credit UnionHigh-interest · Promo4.40%
  3. 3KOHOHigh-interest3.50%
  4. 4Laurentian BankHigh-interest3.20%
  5. 5Wealth One Bank of CanadaHigh-interest3.00%
  6. 6Saven FinancialHigh-interest2.85%
  7. 7Oaken FinancialDaily interest2.80%
  8. 8EQ BankDaily interest2.75%
  9. 9Korean Catholic Church Credit UnionHigh-interest2.75%
  10. 10Lighthouse Credit UnionHigh-interest2.75%
  11. 11Neo FinancialDaily interest2.75%
  12. 12Bridgewater BankHigh-interest2.70%
  13. 13Equity Credit UnionHigh-interest2.50%
  14. 14Hubert FinancialHigh-interest2.50%
  15. 15Parama Credit UnionDaily interest2.50%

Ontario savings account questions

Who has the best savings account rate in Ontario right now?

CIBC currently posts 4.60% (Daily interest · Promo) — the highest rate we track from institutions serving Ontario, data as of 2026-10-16.

Are these rates open to people in Ontario?

Yes — that's the point of this page. Every institution listed serves Ontario: we check each one's membership eligibility and service area before it can appear, rather than listing national rates you may not qualify for.

Are these deposits insured?

Yes. Bank deposits are CDIC-insured up to $100,000 per category; credit-union deposits are covered by Ontario's provincial fund — see deposit protection in Ontario and our deposit-insurance guide.

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