Rate guide · data as of 2026-10-16
Best interest-bearing chequing accounts
Every Canadian chequing account we track that pays interest on your everyday balance — ranked by rate.
Top 10 chequing rates in All Canada
- 1EQ BankPersonal (& Joint) Account—2.75%
- 2Haventree BankEveryday Growth Account—2.50%
- 3Wealthsimple Cash / SaveChequing$100,0012.25%
- 4President's Choice BankPC Money™ Account—2.20%
- 5DUCARise Chequing (Interest Paid Monthly)—2.00%
- 6Lighthouse Credit UnionChequing Account—2.00%
- 7Southwest Regional Credit UnionChequing Account$100,0002.00%
- 8Effort TrustDaily Interest Chequing/Savings Account$25,0001.25%
- 9ScotiabankScotia One$10,0000.95%
- 10Libro Credit UnionGo Free, Basic, Simplify, Premium$100,0000.75%
All chequing rates in All Canada
Every interest-paying chequing offer we track in your region — one row per distinct account, rate and balance tier. The account name is where conditions like “with direct deposit” show up.
| Institution | Account | Min balance | Rate |
|---|---|---|---|
| EQ Bank | Personal (& Joint) Account | — | 2.75% |
| Haventree Bank | Everyday Growth Account | — | 2.50% |
| Wealthsimple Cash / Save | Chequing | $100,001 | 2.25% |
| Wealthsimple Cash / Save | Chequing | $500,000 | 2.25% |
| President's Choice Bank | PC Money™ Account | — | 2.20% |
| DUCA | Rise Chequing (Interest Paid Monthly) | — | 2.00% |
| Lighthouse Credit Union | Chequing Account | — | 2.00% |
| Southwest Regional Credit Union | Chequing Account | $100,000 | 2.00% |
| Southwest Regional Credit Union | Chequing Account | $50,000 | 1.80% |
| Wealthsimple Cash / Save | Chequing | — | 1.75% |
| Southwest Regional Credit Union | Chequing Account | $25,000 | 1.60% |
| Southwest Regional Credit Union | Chequing Account | $10,000 | 1.30% |
| Effort Trust | Daily Interest Chequing/Savings Account | $25,000 | 1.25% |
| Effort Trust | Daily Interest Chequing/Savings Account | — | 1.00% |
| Effort Trust | Daily Interest Chequing/Savings Account | $1,000 | 1.00% |
| Effort Trust | Daily Interest Chequing/Savings Account | $5,000 | 1.00% |
| Effort Trust | Daily Interest Chequing/Savings Account | $10,000 | 1.00% |
| Southwest Regional Credit Union | Chequing Account | $1,000 | 1.00% |
| Scotiabank | Scotia One | $10,000 | 0.95% |
| Libro Credit Union | Go Free, Basic, Simplify, Premium | $100,000 | 0.75% |
| Parama Credit Union | Daily Interest Chequing and Savings | $10,000 | 0.50% |
| Parama Credit Union | Daily Interest Chequing and Savings | $25,000 | 0.50% |
| Parama Credit Union | Daily Interest Chequing and Savings | $60,000 | 0.50% |
| IC Savings | Perfetto. – for the Balance up to $500,000 | — | 0.45% |
| Ontario Educational Credit Union | Personal 1, Senior Package | $60,000 | 0.40% |
| Churchbridge Credit Union | Personal Legacy Chequing | $10,001 | 0.35% |
| Ukrainian Credit Union | Ucublu Chequing | $25,000 | 0.35% |
| KEB Hana Bank Canada | 1Q Chequing | $100,000 | 0.30% |
| Ontario Educational Credit Union | Personal 1, Senior Package | $25,000 | 0.30% |
| OP Credit Union | Chequing Account | $5,001 | 0.30% |
| Prairie Pride Credit Union | Interest Bearing Chequing | $5,000 | 0.30% |
| Shinhan Bank Canada | Chequable Savings Account | — | 0.30% |
| Frontline Credit Union | CUGold | $25,000 | 0.25% |
| OP Credit Union | Chequing Account | $2,501 | 0.25% |
| Parama Credit Union | Daily Interest Chequing and Savings | — | 0.25% |
| Parama Credit Union | Daily Interest Chequing and Savings | $5,000 | 0.25% |
| Ukrainian Credit Union | Ucublu Chequing | $10,000 | 0.25% |
| Bulkley Valley Credit Union | Maximizer Chequing Rates | $50,000 | 0.20% |
| Churchbridge Credit Union | Personal Legacy Chequing | $5,001 | 0.20% |
| Fusion Credit Union | Personal Interest Bearing | $10,001 | 0.20% |
| KEB Hana Bank Canada | 1Q Chequing | $50,000 | 0.20% |
| Libro Credit Union | Go Free, Basic, Simplify, Premium | $50,000 | 0.20% |
| Ontario Educational Credit Union | Personal 1, Senior Package | $10,000 | 0.20% |
| OP Credit Union | Chequing Account | $501 | 0.20% |
| Shinhan Bank Canada | SOL Chequing | — | 0.20% |
| Souris Credit Union | UltraFlex Spending Accounts | — | 0.20% |
| Bulkley Valley Credit Union | Maximizer Chequing Rates | $25,000 | 0.15% |
| Cambrian Credit Union | Chequing Accounts | $5,000 | 0.15% |
| Churchbridge Credit Union | Personal Legacy Chequing | $3,001 | 0.15% |
| GVCCU | Premium Chequing | $25,000 | 0.15% |
| Talka Credit Union | Daily Chequing Accounts | $10,000 | 0.15% |
| Ukrainian Credit Union | Ucublu Chequing | $5,000 | 0.15% |
| Libro Credit Union | Go Free, Basic, Simplify, Premium | — | 0.13% |
| Libro Credit Union | Go Free, Basic, Simplify, Premium | $5,000 | 0.13% |
| Libro Credit Union | Go Free, Basic, Simplify, Premium | $25,000 | 0.13% |
| Bulkley Valley Credit Union | Maximizer Chequing Rates | $5,000 | 0.10% |
| Cambrian Credit Union | Chequing Accounts | $3,000 | 0.10% |
| Fusion Credit Union | Personal Interest Bearing | $5,000.01 | 0.10% |
| KEB Hana Bank Canada | Savings Chequing | — | 0.10% |
| KEB Hana Bank Canada | 1Q Chequing | — | 0.10% |
| Neo Financial | Neo Chequing Account | — | 0.10% |
| Northern Birch Credit Union | Chequing Account (Tiered) | $60,000 | 0.10% |
| Ontario Educational Credit Union | Personal 1, Senior Package | $3,000 | 0.10% |
| Pathwise Credit Union | Unlimited Chequing | $3,000 | 0.10% |
| Resurrection Credit Union | Pay As You Go Chequing Account | — | 0.10% |
| Talka Credit Union | Daily Chequing Accounts | $5,000 | 0.10% |
| Tangerine Bank | Tangerine Chequing Account | $100,000 | 0.10% |
| Ukrainian Credit Union | Ucublu Chequing | $1,000 | 0.10% |
| Valley Credit Union | Your Chequing Account | $5,001 | 0.10% |
| Weyburn Credit Union | Maximizer® and Life Start Chequing Accounts | $60,000 | 0.10% |
| Valley Credit Union | Your Chequing Account | $3,001 | 0.08% |
| Affinity Credit Union | Personal Chequing | $100,000 | 0.05% |
| Alterna Bank | No Fee eChequing Account | — | 0.05% |
| Assiniboine Credit Union | ACU Unlimited | $5,000 | 0.05% |
| Assiniboine Credit Union | ACU Unlimited | $25,000 | 0.05% |
| Bulkley Valley Credit Union | Maximizer Chequing Rates | $2,501 | 0.05% |
| Cambrian Credit Union | Chequing Accounts | — | 0.05% |
| Christian Credit Union | Freedom Chequing Account | $10,000 | 0.05% |
| Fusion Credit Union | Personal Interest Bearing | $1,000.01 | 0.05% |
| IC Savings | Perfetto. – on the Portion Above $500,000 | $500,000 | 0.05% |
| Luminus Financial | Classic Chequing Account ($10,001 and Over) | $10,001 | 0.05% |
| Northern Birch Credit Union | Chequing Account (Tiered) | $25,000 | 0.05% |
| Ontario Educational Credit Union | Personal 1, Senior Package | — | 0.05% |
| Prairie Pride Credit Union | Interest Bearing Chequing | $1 | 0.05% |
| Prairie Pride Credit Union | Interest Bearing Chequing | $1,000 | 0.05% |
| Prairie Pride Credit Union | Interest Bearing Chequing | $3,000 | 0.05% |
| Steinbach Credit Union | On Track Pack Chequing | — | 0.05% |
| Tangerine Bank | Tangerine Chequing Account | $50,000 | 0.05% |
| TCU Financial Group | Maximizer Account | $3,000 | 0.05% |
| TCU Financial Group | Maximizer Account | $5,000 | 0.05% |
| Ukrainian Credit Union | Ucublu Chequing | — | 0.05% |
| Valley Credit Union | Your Chequing Account | $1,001 | 0.05% |
| Weyburn Credit Union | Maximizer® and Life Start Chequing Accounts | — | 0.05% |
| Weyburn Credit Union | Maximizer® and Life Start Chequing Accounts | $5,000 | 0.05% |
| Weyburn Credit Union | Maximizer® and Life Start Chequing Accounts | $10,000 | 0.05% |
| Weyburn Credit Union | Advantge Investment Chequing Account | $25,000 | 0.05% |
| Winnipeg Police Credit Union | Chequing Account | $5,001 | 0.05% |
| Winnipeg Police Credit Union | Chequing Account | $10,001 | 0.05% |
| Winnipeg Police Credit Union | Chequing Account | $25,001 | 0.05% |
| Valley Credit Union | Your Chequing Account | $501 | 0.04% |
| Bulkley Valley Credit Union | Basic Chequing | $1,000 | 0.03% |
| Valley Credit Union | Your Chequing Account | — | 0.03% |
| Christian Credit Union | Freedom Chequing Account | — | 0.03% |
| Christian Credit Union | Freedom Chequing Account | $3,000 | 0.03% |
| Affinity Credit Union | Personal Chequing | $25,000 | 0.02% |
| Northern Birch Credit Union | Chequing Account (Tiered) | $10,000 | 0.02% |
| Affinity Credit Union | Personal Chequing | — | 0.01% |
| Affinity Credit Union | Personal Chequing | $5,000 | 0.01% |
| Coastal Community Credit Union | Chequing Plus | $100,000 | 0.01% |
| Northern Birch Credit Union | Chequing Account (Tiered) | — | 0.01% |
| Northern Birch Credit Union | Chequing Account (Tiered) | $5,000 | 0.01% |
| Simplii Financial | No Fee Chequing Account | — | 0.01% |
| Simplii Financial | No Fee Chequing Account | $50,000.01 | 0.01% |
| Simplii Financial | No Fee Chequing Account | $100,000.01 | 0.01% |
| Simplii Financial | No Fee Chequing Account | $500,000.01 | 0.01% |
| Simplii Financial | No Fee Chequing Account | $1,000,000.01 | 0.01% |
| Sunshine Coast Credit Union | Premium Unlimited Chequing | $3,001 | 0.01% |
| Tangerine Bank | Tangerine Chequing Account | — | 0.01% |
| Tangerine Bank | Tangerine Chequing Account | $500,000 | 0.01% |
| TCU Financial Group | Maximizer Account | — | 0.01% |
| TCU Financial Group | Maximizer Account | $2,000 | 0.01% |
| TD Canada Trust | TD Student Chequing Account | — | 0.01% |
| TD Canada Trust | TD Student Chequing Account | $5,000 | 0.01% |
| Atlantic Edge | Chequing Accounts | $60,000 | 0.01% |
| Public Service Credit Union | Your Chequing | $5,000 | 0.01% |
Chequing questions
Why rank chequing accounts by interest rate?
Most chequing accounts pay little or nothing, so the ones that do pay are worth knowing about — especially if you keep a large everyday balance. But interest is only part of the picture: monthly fees and transaction limits often matter more. Use this page to find the accounts that pay, then check each one's fees on the institution's page.
Chequing or a high-interest savings account?
A chequing account is for paying bills and daily spending; a high-interest savings account usually pays more on money you don't need right away. Many people keep a small chequing balance and sweep the rest into savings.
What do the account types mean?
They're how the institution classifies the account: regular chequing, high-interest or daily-interest chequing (interest calculated on your daily balance), and combined chequing/savings accounts. Where an account needs a minimum balance to earn the shown rate, we note it.
Is my chequing balance insured?
Yes. Bank deposits are CDIC-insured ($100,000 per category); credit-union deposits are covered by provincial funds — unlimited in BC, AB, SK and MB. See our deposit-insurance guide.