Free Canadian savings planning tool

See what happens when a promotional savings rate ends.

Compare two savings scenarios over the same timeline. Add the advertised promotional period, ongoing rate, monthly fee, contributions, and an optional tax estimate.

Your figures stay on this device. The calculator runs in your browser and does not submit or store the values you enter.

Your timeline

The tax field is only a rough planning estimate. Account type, province, income, and personal circumstances can change the result.

Scenario A

Scenario B

Estimated comparison

Scenario A net gain—
Scenario B net gain—
Estimated difference—Enter or adjust the figures above.

How this estimate works

  1. Interest is estimated monthly using the annual rate divided by 12.
  2. The promotional rate applies for the number of months entered, then the ongoing rate applies.
  3. Contributions are added after that month’s estimated interest; monthly fees are deducted.
  4. Estimated tax is applied to interest only unless tax-sheltered is selected.

Check the provider’s current terms before acting. Promotional eligibility, balance caps, rate tiers, payment timing, compounding methods, withdrawal limits, deposit insurance eligibility, and taxes can materially change actual returns. Example values are illustrative and are not provider offers, recommendations, or financial advice.