Few Canadians take advantage of the higher interest rates available outside the Big Six banks in Canada. It’s a “hassle” is often mentioned as one of the reasons why. If the bank you moved your money to drops its rate after a few months, it was a waste-of-time hassle.

Now WhatBank tracks the reliability of a bank’s rate — how often they rank highly. Specifically, WhatBank looks at the bank’s and credit union’s with rates ranking in the top 10 over the past 6 months, 12 months, and 18 months. The top five banks who rank highest in all three time periods are listed in the table below.

Use the table below to compare the top high-interest savings rates for many of Canada’s banks and credit unions. The best high-interest savings accounts are highlighted in yellow. Below the table is a graph where you can compare the past history of high-interest savings rates of up to five financial institutions. Select the ones that you want to compare from the check box to the left of their name in the table.