11 million Canadians have compared and saved

Banking Pulse

Banking Statistics brought to you by RateSupermarket.ca


Summary Savings Statistics for Canada

Best High Interest Savings Account Rate 2.35%
Best 5 Year GIC Rate ($5K investment) 2.85%
Average Investment Amount Searched $7,852.85
Savings Rates we Compare 226

GIC Term Most Often Searched

Term Search Percentage


Bank Account Type Most Often Searched

Account Type Search Percentage
10.41%
Chequing 14.23%
Child 5.45%
Savings 46.44%
Senior 5.22%
Student 2.23%
TFSA 16.03%


Historical Average Savings Investment Amount Searched

Month Amount
Sep 2019 $7,852.85
Aug 2019 $9,936.33
Jul 2019 $8,077.99
Jun 2019 $9,218.43
May 2019 $7,957.59
Apr 2019 $10,339.63
Mar 2019 $10,784.36
Feb 2019 $9,666.69
Jan 2019 $9,417.90
Dec 2018 $10,446.53
Nov 2018 $6,664.84
Oct 2018 $10,196.83
Sep 2018 $9,082.57