The best high-interest savings accounts in Canada for 2025
Whether you want the highest interest rate or no service fees, these savings accounts will meet your needs.
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| Robo Advisor | Fees | Investment Approach | Minimum Account |
|---|---|---|---|
| BMO SmartFolio | 0.4% to 0.7% | Match with one of five custom portfolios containing baskets of BMO ETFs | $1,000 |
| CI Direct Investing | 0.35% to 0.6% for ETF portfolios | 5 low-cost ETF portfolios by risk tolerance; also non-traditional private-investment portfolios | $1,000 |
| Invisor | 0.50% | 7 managed portfolios holding passive ETFs by risk tolerance; allocation aligns with global market weightings | None (deposits will be held in cash until account reaches $1,000) |
| Justwealth | $4.99/mo for accounts up to approx. $12,000, then 0.4% to 0.5% | More than 70 portfolios, including US$ denominated; mix of ETF providers; offers tax-loss harvesting | $5,000 (none for RESP accounts) |
| NestWealth | $20 to $80/mo | Allocated across six asset classes of industry-standard ETFs by risk tolerance | None |
| Questwealth Portfolios* | 0.2% to 0.25% | 5 core and 5 SRI ETF portfolios, managed in a passive-active hybrid style; extensive account type offering | $1,000 |
| RBC InvestEase | 0.5% management fee; approx. 0.11% to 0.30% MER for ETFs | 10 portfolios, created from 14 different ETFs | $100 |
| Wealthsimple | 0.4% to 0.5% | Variety of ETFs; socially responsible investment portfolio focussed on cleantech, low carbon | None |
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Whether you want the highest interest rate or no service fees, these savings accounts will meet your needs.
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