Canada · Comparison guides
Base and promotional rates
A headline rate needs a time period and conditions to be useful.
SwitchaBank · Guide sources checked
Read the rate after the offer
An introductory rate lasts for a limited time. Check the ongoing rate that follows; it may be lower and can change.
Check which balance earns it
Read the offer’s dates and qualifying conditions. Check whether a rate applies to the whole balance or only part of it.
Match the basis
An annual rate is not the return for a short offer. Check how interest is calculated and compounded.
Put it into practice
In the Savings table, read the base rate and offer separately. Our calculator excludes promotional rates and APY; an unavailable result does not mean zero interest.
Select products in the table or catalog, open your comparison, then check the bank’s latest terms. With two deposits selected, you can also try the calculator.
Sources · Official guidance in English
About these guides
Published by SwitchaBank, the comparison service on this site.
These guides use AI-assisted writing and translation, checked against the linked official sources. They have not received independent financial-expert review. They explain comparisons, not individual financial advice.
Bank names and product conditions stay in their source language. The guide date is separate from each product’s verification date.
Report a correction through site feedback, with the guide title and passage. Corrections are checked against the source; confirmed changes update the text and guide review date.