Compare top chequing accounts, savings rates, and exclusive bank bonuses for Grey County residents in Owen Sound — Georgian Bay's southern hub.
Updated March 2026 | Grey County's largest city on Georgian Bay
Owen Sound is Grey County's largest city and the commercial hub for the Georgian Bay region. Residents have access to all major Big Five banks, Georgian Bay Community Credit Union, and excellent online banking options.
| Bank | HISA Rate | Promo Rate | Monthly Fee |
|---|---|---|---|
| EQ Bank | 3.75% | Up to 4.75% | $0 |
| Simplii Financial | 1.50% | 6.00% (90 days) | $0 |
| Tangerine | 1.00% | 5.25% (5 months) | $0 |
| Wealthsimple Cash | 3.25% | — | $0 |
| Oaken Financial | 3.40% | — | $0 |
| CIBC | 0.75% | 4.00% (limited) | $0 |
| RBC | 0.50% | 3.25% (limited) | $0 |
Rates as of March 2026. Always verify on the bank's official website before opening an account.
Buying a home in Owen Sound? Calculate your Ontario Land Transfer Tax instantly. Owen Sound is in Grey County — only the provincial LTT applies, with no separate municipal tax.
| 0.5% on first $55,000 | |
| 1.0% on $55,001–$250,000 | |
| 1.5% on $250,001–$400,000 | |
| 2.0% on $400,001–$2,000,000 | |
| 2.5% on amount above $2,000,000 |
| Bank | Bonus | Requirement | Expires |
|---|---|---|---|
| BMO | $400 | Direct deposit within 90 days | Limited time |
| TD | $350 | Direct deposit + 3 debit transactions | Limited time |
| Simplii | $400 | Direct deposit $100+/month | Limited time |
| RBC | $300 | Direct deposit within 60 days | Limited time |
| Scotiabank | $300 | 2 eligible bill payments | Limited time |
| KOHO Premium | $60 cash back | Use code 45ET55JSYA on signup | Ongoing |
| Tangerine | $250 | Direct deposit + bill payment | Limited time |
Owen Sound sits at the southern end of Georgian Bay and is the regional centre for Grey and parts of Bruce County. As the area's largest city, Owen Sound has a complete banking infrastructure including all major Big Five banks, Georgian Bay Community Credit Union, and easy access to online banks.
TD, RBC, BMO, Scotiabank, and CIBC all maintain full-service branches in Owen Sound. The downtown core along 2nd Avenue East and 10th Street West is the main banking district.
Georgian Bay Community Credit Union is a member-owned institution with deep roots in Grey and Bruce County. They offer competitive mortgage rates and personalized service — worth comparing alongside the Big Five for any major financing decision.
Owen Sound's real estate market offers relative affordability compared to southern Ontario. Average home prices hover around $500,000–$650,000, making it attractive for first-time buyers relocating from the GTA.