Best Interest Rate Savings Account in Canada – Canadian Tire High Interest Savings Account

June 21st, 2012

Canadian Tire has a bank? Who knew?

It also turns out they’re offering the highest interest rate in Canada right now (summer 2012) on a high-interest savings account with no fees.

The Canadian Tire High Interest Savings Account has no fees and pays 1.8% interest.

The best interest rate on a savings account in canada is at Canadian Tire

The best interest rate on a savings account in Canada is at Canadian Tire

 

Sounds interesting. I’ve banked with ING bank for years – they’re currently offering a ho hum 1..35% on savings…. I presume that the Canadian Tire online experience will be similar.

The Toronto Star spelled out the best current rates in Rob Engen’s Moneyville account on April 29, 2012.

Canadian Tire and  Ally both have high interest (1.8%) savings accounts with no fees and no minimum balances.

Other rates were lower (next up was Manulife Advantage Savings Account offering 1.75% interest) and/or involved transaction fees (Manulife charges 1.25 per debit) and/or minimum balances.