Study Canadian HISA Rates Tracker March 2026 — original research and data analysis from Bremo. Key findings for Canadian consumers.
We track high-interest savings account rates across major Canadian institutions daily. As of March 2026, the spread between the best and worst rates remains significant — choosing the right HISA can mean the difference between earning 0.05% and 5.00% on your savings.
| Institution | Rate | Type |
|---|---|---|
| KOHO (Everything plan) | 5.00% | Fintech |
| EQ Bank | 2.50% | Digital |
| Neo Financial | 2.25% | Fintech |
| Wealthsimple Cash | 1.00% | Fintech |
| Tangerine | 0.50% (promo varies) | Digital |
| Simplii Financial | 0.40% | Digital |
| Big 5 Banks (avg) | 0.05% | Traditional |
With the Bank of Canada rate at 2.75% as of March 2026 (after multiple cuts from the 5.00% peak), HISA rates have come down from their 2023-2024 highs but remain attractive at digital institutions. Traditional big banks have been the slowest to raise rates and the fastest to cut them.
Our recommendation: park emergency funds and short-term savings in a HISA that consistently offers above-average rates. KOHO and EQ Bank have been the most reliable for competitive everyday rates without relying on temporary promotions.
Stop leaving money on the table. Open a KOHO account with referral code 45ET55JSYA to start a $20 signup bonus + $100 per referral with zero fees. It takes less than 5 minutes to sign up.
We collected and verified data from official bank websites, promotional materials, and direct account testing. All rates and fees were confirmed as of March 2026. We update this research regularly to reflect current offers.
Yes. The financial products analyzed are available to Canadian residents nationwide. Some provincial differences may apply to specific offers, but the core findings apply broadly.
We review and update our data monthly. Bank rates and promotional offers can change at any time, so we recommend verifying current rates directly with the institution before making decisions.
The most impactful action for most Canadians is to switch from a fee-charging big bank to a no-fee alternative and capture available signup bonuses. KOHO with referral code 45ET55JSYA offers a bonus on signup.