Alberta
Best HISA Rates in Alberta (2026)
Find the best high-interest savings account rates for residents of Alberta. We compare rates, fees, and features so you can find the right fit without the research.
Alberta Note: Alberta has no provincial income tax on interest income beyond the federal rate, making high-interest savings especially attractive for Alberta residents.
Quick Answer
The best HISA rate available to Alberta residents right now is Oaken Financial at 2.80% (regular, non-promotional). All accounts listed are CDIC-insured.
Best HISA Rates in Alberta (2026)
| Institution | Regular Rate | Promo Rate | Notes | |
|---|---|---|---|---|
| Oaken Financial | 2.80% | — | No minimum balance, no fees. CDIC-insured via Home Trust and Home Bank. Popular for HISA+GIC laddering. | Open Account → |
| EQ Bank | 2.75% | — | Personal Account, requires direct deposit. No monthly fees. Notice Savings pays 2.35% (10-day notice) or 2.75% (30-day). | Open Account → |
| Neo Financial | 2.75% | — | Neo Savings. Tiered — 2.75% is the top of the range. | Open Account → |
| ATB Financial | 2.10% | — | Alberta-owned provincial bank. In-branch and online. Personal Series A rate, effective Sept 18, 2026. | |
| KOHO | 2.00% | — | Available with KOHO Essential (free) plan or higher. Extra ($12/mo) earns 2.50%, Everything ($14.75/mo) earns 3.50%. | Open Account → |
| Wealthsimple | 1.75% | — | Chequing account. Core 1.25%, or 1.75% with $2,000 direct deposit per 30 days. Premium (>$100k) 2.25% with deposit; Generation (>$500k) 2.25%. | Open Account → |
| Manulife Bank | 1.50% | 3.00% | Advantage Account, CDIC-insured. 3.00% is a 2-year promotional rate for new accounts; 1.50% is the ongoing rate. | Open Account → |
| BMO | 1.00% | — | Savings Builder Account (requires $200/mo deposits for high rate) | |
| RBC | 0.55% | 4.60% | High Interest eSavings Account. Base ongoing rate 0.55%. New clients opening an eSavings account for the first time earn 4.60% for the first 3 months (offer expires 3pm EST Oct 27, 2026), then reverts to 0.55%. | |
| TD Bank | 0.45% | 1.50% | TD ePremium Savings Account: 0.45% flat on balances $10,000-$1,000,000, no linked account needed. TD Growth Savings Account offers a higher tiered rate but requires a linked TD Chequing Account with 2 of 3 monthly transactions — see promo fields. | |
| Tangerine | 0.30% | 5.00% | Everyday rate is 0.30% (not reconfirmed since 2026-08-16). The 5.00% is a 5-month boost on RSP/TFSA/RIF Savings for new deposits — confirm the current end date before relying on it. | Open Account → |
| Simplii Financial | 0.30% | 4.60% | Base rate is tiered by balance: 0.30% up to $50k, 0.50% to $100k, 0.60% to $500k, 0.70% to $1M, 1.00% above (not reconfirmed since 2026-08-26). New clients get 4.60% for 5 months (153 days) on eligible deposits up to $200,000, offer ends October 31, 2026 (confirmed 2026-10-08). | Open Account → |
Rates as of October 9, 2026. Verify with institution before opening. All deposits held at CDIC-member institutions unless noted.
Free Tools for Alberta Residents
Frequently Asked Questions
Are the best high-interest savings accounts in Alberta different from other provinces?
Most major Canadian financial institutions operate nationally, so rates are generally the same across provinces. However, some credit unions and promotional offers are province-specific. Alberta has no provincial income tax on interest income beyond the federal rate, making high-interest savings especially attractive for Alberta residents.
Are my deposits insured in Alberta?
Deposits at CDIC-member institutions are insured up to $100,000 per category per institution. Provincial credit unions in Alberta are insured by provincial deposit insurance schemes — coverage limits vary by province.
How often are these rates updated?
We update rate data daily using the Bank of Canada Valet API and weekly manual verification from individual institutions. The date at the bottom of each table shows the last verified date.
This is not financial advice. Rates shown are for informational purposes and may change without notice. We may earn a commission at no cost to you when you open accounts through our links. Always verify rates directly with the financial institution before making any decision.