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 2.80%
Best 5 Year GIC Rate ($5K investment) 3.00%
Average Investment Amount Searched $8,738.45
Savings Rates we Compare 223

GIC Term Most Often Searched

Term Search Percentage


Bank Account Type Most Often Searched

Account Type Search Percentage
11.86%
Chequing 14.93%
Child 3.84%
Savings 42.44%
Senior 6.03%
Student 2.52%
TFSA 18.39%


Historical Average Savings Investment Amount Searched

Month Amount
Jan 2020 $8,738.45
Dec 2019 $8,106.65
Nov 2019 $7,954.11
Oct 2019 $9,966.17
Sep 2019 $7,920.10
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 $9,377.86