As of October 31th, 2024
| Account Name | Fund Code(s) | Initial Minimum | Interest Rate | Notes |
| B2B Bank HIIA | BTB100 | No Minimum | 3.40% | |
| Renaissance HISA | ATL5070 | $1,000 | 3.30% | Best at CIBC InvestorsEdge and QTrade |
| Altamira Cash Performer | NBC100 | $1,000 | 3.30% | Best at Credential Direct, Disnat and National Bank Direct |
| Scotiabank ISA | DYN6000 | $1,000 | 3.45% | 3.60% over $100,000 |
| Manulife Bank/Trust Investment Savings | MIP510, MIP710 | 3.25% | ||
| RBC Investment Savings | RBF2010, RBF2020, RBF2030, RBF2040 | $500 | 3.30% | Best at RBC Direct Investing |
| TD Investment Savings | TDB8150, TDB8155, TDB8159, TDB8157 | $1,000 | 3.30% | Best at TD Direct Investing |
| Home Trust HISA | HOM100 | $1,000 | 3.40% | |
| Equitable Bank HISA | EQB100 | $500 | 3.40% | |
| AAT770 | $1000 | no public display of current rate |
This is good info. Is is possible to put a date? Not sure if this is the current rate.
I have a money column and would like to talk about HISA sometime
ok, I will add a date, thanks for your feedback
This is a great resource! Could you also add BMO HISA named AAT770?
yes, I wil look to add AAT770 from BMO
This is great! Thanks for keeping this up to date! I had some EQB100 but they cut their rate from 1.15 to 1.10 so I recently moved back to B2B100. Perhaps if you have the time you could add EQB to the list?
Thanks for your feedback, I’ll update the rates and see about adding EQB100 to the list.
updates made, EQB added to rate list
updated rates to include Equitable Trust
1. Does anyone have any thoughts with the ETF (TSX:PSA.to)?
Currently @ 1.22% interest which is higher than any of the funds listed here.
2. Also for US$, since not insured anyway . how about Money Market fund CIB483 or RBF1003. Both >2%
3. last consideration, very risky one. But one could put 2k there just in case. 8% yearly return. P2P lending https://www.lendingloop.ca
Referal code: 97ee7d
Maybe we should diversify in all 3
I wrote a post to your questions, hope that helps, there is lots more to say about each of the investments you mention, so feel free to ask more questions
https://riskingtime.com/2018/07/answering-readers-questions-on-hisa-cash-deposits/
Nov 4 2021 PSA.to returns
YTD 0.51%
1 year 0.61%
3 Year 1.33%
5 Year 1.31%
I’d say that’s pretty good. Plus it’s very liquid, being an ETF. Watch out though: if you’re an advisor using this in a fee based account, is it attracting equity-based fees or fixed income-based fees? What I do is set up a separate FBA for clients and set the FBA fees to 0% so that the client gets all the return. This assumes most of the client’s money is actually invested in something other than a HISA and this is just a value-added service. This is not advice. Use at your own risk.
thanks steve. is psa.to CDIC protected?
It seems like the Purpose High Interest Savings ETF is not itself CDIC insured, but I assume their deposits are, except that doesn’t really matter since the ETF itself is way over the insured limits anyway. PSA is more akin to a money market fund ETF
A list of US rates would help too. RBF2014, TDB 8152, MIP511, etc.
thanks for your input, I’ll make a plan for a US rates page too
Are these HISA rates still applicable – Dec.22/18?
looks like they are, if you click on the link of the name of each HISA it will bring you to the page of that issuer. If the rates are up to date you will see by what the issuer is posting on their own page
These banks are gonna half to rename these interest certificates ( HISA) if the rates stay down here !
ha ha so true!!
DYN1300 not available at iTrade. Here’s the link of what they currently offer. It would be great if someone could provide similar, up to date links, for the other banks.
https://ads.scotiabank.com/ADS/Download/980/en
Thanks for the link, I will update this link
BTB100 is now 0.3%
EQB100 is now 0.4%
Could your also add USD accounts?
yes, I will update USD accounts more frequently
https://riskingtime.com/interest-rates/usd-hisa-rates/
An update due on your USD accounts page?
you’re keeping me on my toes, page updated 🙂
I have RBF2014 in my self-directed TFSA – Can’t find current interest rate for this in the RBC website.
Any info will be appreciated. Many Thanks
check out this link to RBC HISA page https://www.rbcroyalbank.com/products/isa/index.html
then see the link below the table showing the rates, takes you to a PDF with fund codes and current rates
Maybe borrow rates from here too.
https://www.ratehub.ca/blog/the-best-high-interest-savings-accounts-in-canada/
*Avoid Scotia at all costs. Their reps knows nothing. No one can help. Nothing is a straight answer. It also feels like they do everything by pen and pencil. I had a similar experience at Meridian with their glitchy website. Transactions cannot be cancelled (but the website will tell you it did. I had 5 NSF because of their website I did one to prove my point. They did not want to recognize the issue. I am sure it still be doing it).
Tangerine is good. Although their non promo rate is much lower.
Old investor advice…do not deposit money in the bank …buy Canadian bank shares
That advice has been correct the last 50 years or more
I agree, that’s good advice, but some investors just can’t stomach the risk, they feel safer keeping their cash on deposit, but ultimately that’s also how the banks make money 🙂
Oaken is 1.15 % for savings….looks like top rate
Any canadian bank share has a dividend of 4%
This is an EXCELLENT resource. Thank you for posting. I have it bookmarked for sure! There is also BTB101, which is the F series version of BTB100 and pays a little more. Thanks!
thanks for your support, I’ll try to continue keeping the rates current