Savings Plus Account Tired of the take? Make bank with a single account.

Earn up to 250× more interest than at other banks with the flexibility of chequing—and zero monthly fees.

Open your free account

Everyday banking with a big earnings twist

Free transactions anywhere in Canada, high interest, and no monthly fees from a single account? It’s not a mirage, it’s how to make bank.

Free transactions anywhere in Canada

Free Interac e-Transfers®, EFTs, bill payments, and EQ to EQ transfers.

No Fees

Zero monthly fees

Tired of all the take? Welcome to a world where what you earn is what you get.

2.50% interest*

Enjoy up to 250× more earnings than the other banks on your everyday banking account.

Know you’re covered

Deposits are eligible for CDIC insurance (that’s federal Crown-level security).

Want further Savings Plus Account details? Get into the nitty-gritty.

How it works

  • 1
    Open your account

    Open your account

    Sign up for free, quickly and easily, and fully online, in just a few steps.

  • 2
    Add some money to start earning

    Add some money to start earning

    Make your first deposit in seconds with an EFT or Interac e-Transfer®. It’s that easy.

  • 3
    Do all your banking

    Do all your banking

    Pay bills. Spot a friend. Save for a rainy day—all in a matter of clicks.

Open your free account.

Start earning more

And there’s even more everyday banking to love

Canada's favourite digital bank for more than a few reasons

  • High accolades

    For two years running, we’ve been named the Top Bank in Canada on the Forbes World Best Banks list.

  • Branch-free banking

    No lineups, no paperwork, no branches. No, seriously. It’s why you get such a great rate.

  • Use your money without monthly fees

    2.50% interest* on all your dollars and free transactions anywhere in Canada with no monthly fees? That’s math to get behind.

  • Top-notch technology

    We partner with leading fintechs to bring you better banking services, products, and security.

  • 50+ years of experience

    Backed by Equitable Bank, we’re trusted by over 250,000 customers with more than $7B in deposits.

  • State-of-the-art security

    Our team of experts work around the clock to keep your money and personal information safe.

Find answers

Have more questions? Visit our full FAQ.

Ask questions

Ask our friendly Chatbot anything or connect with a Customer Care Specialist.

Savings Plus Account

  • A couple clicks today.
  • More money tomorrow.
Open your free account
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