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Top 15 High-Interest Savings Accounts in Canada for 2025: Where Your Money Works Harder

In 2025, Canadians are more financially savvy than ever, and choosing the right high-interest savings account (HISA) can make a significant difference in growing your wealth. Whether you're saving for a rainy day, a big purchase, or just want your money to earn more while sitting safely, these accounts offer competitive interest rates, low fees, and flexible access. Here’s a roundup of the 15 best high-interest savings accounts in Canada this year: Best High-Interest Savings Accounts in Canada (2025) Bank / Institution Account Name Interest Rate (Approx.) Key Features EQ Bank Savings Plus Account 4.00% No monthly fees, free transfers Tangerine High-Interest Savings Account Up to 5.00% (promo) Mobile app, automatic savings tools Simplii Financial High Interest Savings Account Up to 5.25% (promo) No fees, easy online access Neo Money Neo High-Interest Account 4.00% No fees, cashback integration Motive Financial Savvy Savings Account 4.10% High rate, online-only banking ...
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TSX Hits Record High as Fed Chief Signals Rate Cuts

 

Canada’s main stock index surged to a new all-time high on Friday, driven by a broad-based rally. The catalyst? U.S. Federal Reserve Chair Jerome Powell’s endorsement of imminent interest rate cuts.

At 10:41 a.m. ET (14:41 GMT), the S&P/TSX Composite Index reached 22,574.65, surpassing its previous record. Energy and financial sectors led the gains, fueled by optimism that rate cuts could bolster the economy and stave off recession.

This marks a significant milestone for Canadian investors, with the TSX adding 1% for the week, its third consecutive week of gains.

Stay tuned for further updates as the market responds to Powell’s remarks!


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