Best High Interest Savings Accounts In Canada 2025 - Why Are Interest Rates Low?

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Our favourite HISAs 👀 ➡️ EQ Bank Personal Account (up to 3.50%) - https://click.linksynergy.com/fs-bin/click?id=Xoa5MXyunCM&offerid=1115263.19&bids=1115263.19&type=3&subid=0 ➡️ Simplii Financial High Interest Savings Account (3.90% for 153 days) - https://api.fintelconnect.com/t/l/65ad4fc7581176001cb7f1b2 ➡️ Wealthsimple Cash (2.25%+) - https://my.wealthsimple.com/app/public/trade-referral-signup?code=WQJFTG 0:00 Why you need to be using a HISA (even now) 3:44 The big 5 banks current interest rates 8:44 The highest interest rates available right now 22:35 Interest earned from savings accounts are taxable ⭐️ Check out our Canadian High Interest Savings Account Tracker - https://docs.google.com/spreadsheets/d/1iSRtT1oo40SgcTDNOPmeX2WYdkUGHcqmjjFRu4eVTnE/copy ➡️ Simplii Financial - Our No Fee Chequing Account (up to $400 bonus) - https://api.fintelconnect.com/t/l/65ad4fc7581176001cb7f1b2 ➡️ EQ Bank - Our High Interest Savings Account - https://click.linksynergy.com/fs-bin/click?id=Xoa5MXyunCM&offerid=1115263.19&bids=1115263.19&type=3&subid=0 ➡️ Wealthsimple - Our High Interest Savings Account ($25 bonus) - https://wealthsimple.com/invite/WQJFTG ➡️ Wealthsimple Self-Directed Investing - Our Favourite Stock Trading Platform ($25 bonus) - https://wealthsimple.com/invite/WQJFTG ➡️ Wealthsimple Managed Investing - Our Robo-Advisor Investment Platform ($25 bonus) - https://wealthsimple.com/invite/WQJFTG ➡️ American Express Cobalt - Our Travel Rewards Credit Card (up to 22,000 points) - https://americanexpress.com/en-ca/referral/cobalt?ref=sTEPHG6qb5&XLINK=MYCP ➡️ Neo Financial - Our Cash Back Credit Card - https://neo.cc/refer/N8U6K3S9 ➡️ Questrade - Low Fee Investment Platform Canada ($50 cash back) - https://questrade.sjv.io/AWa9jo ➡️ Borrowell - Free Credit Score Check - https://api.fintelconnect.com/t/l/612d3fe6cb45d3001d5ece04 The links above are affiliate and/or referral links that provide us compensation when you use them to sign up. Thank you for supporting our channel! Website - stephandden.com Instagram - @stephandden TikTok - @stephandden ➡️ YouTube Filming Equipment - https://amzn.to/3HrWA4i ➡️ YouTube Editing Equipment - https://amzn.to/3RXBsri The links above are affiliate links - Steph & Den are Amazon Associates and we earn from qualifying purchases. Disclaimer - This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.