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Best Banks in Harrow, Ontario

Harrow residents — compare top Canadian banks for savings rates, no-fee chequing, and mortgage options. Harrow is a small community in Essex County surrounded by agricultural land, orchards, and close to Lake Erie.

Population ~4,500 · Updated 2025

Top 6 Banks for Harrow Residents

Rates and features as of 2025. Always verify directly with the institution.

EQ

EQ Bank

Digital bank · No monthly fees
Savings Plus Account 3.75% High
  • No monthly fees ever
  • Free Interac e-Transfers
  • CDIC insured deposits
  • 1.5% cashback on spending
  • USD account available
Open EQ Bank Account
KO

KOHO

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Earn on balance 5.00%
  • $100 bonus (code: 45ET55JSYA)
  • Up to 5% cash back
  • No-fee prepaid Visa
  • Early payroll access
  • Credit building options
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TG

Tangerine

Online bank · Scotiabank owned
Savings Account 3.25%
  • No-fee chequing account
  • 2.0% cashback categories
  • Free ABM network (Scotiabank)
  • RSP & TFSA available
  • Welcome rate promotions
Open Tangerine Account
SC

Scotiabank

Big 5 · Full-service branch
Momentum PLUS Savings 2.85%
  • Branches across Ontario
  • Scene+ rewards program
  • Full mortgage solutions
  • Business banking available
  • Student accounts offered
View Scotiabank Offers
TD

TD Bank

Big 5 · Longest branch hours
High Interest Savings 2.50%
  • Extended weekday/weekend hours
  • TD Rewards travel points
  • Comprehensive mortgage options
  • Robust mobile/online banking
  • Student & newcomer accounts
Explore TD Accounts
RBC

RBC

Canada's largest bank
High Interest eSavings 2.40%
  • Largest branch network in CA
  • Avion Rewards program
  • Full mortgage & HELOC options
  • RBC Ventures perks ecosystem
  • Small business banking
Open RBC Account

Ontario Land Transfer Tax Calculator

Harrow buyers pay Ontario LTT only — no municipal land transfer tax applies here.

Ontario LTT (gross)
Net LTT Payable

Rates: 0.5% ≤$55K · 1.0% $55K–$250K · 1.5% $250K–$400K · 2.0% $400K–$2M · 2.5% above $2M. FTB rebate: full ($4,000) if price ≤$368,000, partial up to $400,000, zero above $400,000.

Frequently Asked Questions — Banking in Harrow

Local answers for Harrow home buyers and savers.

What is the average home price in Harrow, Ontario?

Harrow homes typically sell in the $360,000 to $480,000 range. Buyers at the lower end may qualify for a partial or full Ontario FTB rebate.

Does Harrow have its own land transfer tax?

No. Only Toronto levies a municipal LTT. Harrow buyers pay only the Ontario provincial Land Transfer Tax.

What banking options are available in Harrow?

Harrow has limited local branch options. Residents typically use Leamington or Windsor branches of the Big 5 banks. EQ Bank and KOHO are popular digital alternatives.

Is there a credit union in Harrow?

Libro Credit Union serves Essex County including the Harrow area, offering community-focused banking, mortgages, and savings products.