Plots for Canadian high-interest savings rates from April 1^st to June 30^th, 2022 for the banks and credit unions that WhatBank follows.

Out of the 29, 24 increased their rates, while five kept them flat. The median increase was +0.42%. As usual GIC’s had most of the action this quarter.

The charts are arranged in descending order based on the rate on June 30^th. For comparison, the median high-interest savings rate at the end of Q2 was 1.31%.

View WhatBank’s interactive table of Canada’s best high-interest savings rates and sign up to receive email notifications when rates you care about change.