High interest
savings account
Grow the money lying dormant in your bank account securely with this simple savings option that you can access at any time.
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Find an advisorWhat is a high interest savings account?
A high interest savings account (HISA) allows you to earn higher returns on your savings with a higher interest rate than a chequing account.
Simple and accessible, this option is ideal for people who want to save risk free. For example, you can use it to build an emergency fund, save for a project or protect your money from market volatility until the time is right to invest.
At iA, opening a high interest savings account requires no minimum investment and you can access your savings at any time. Our HISA also includes all the benefits available with segregated funds, such as quick settlement in the event of death and possible creditor protection.
High Interest Savings Account rates and Daily Interest Fund+
The current rate is 4.45%
What are the benefits of the high interest savings account?
Overall benefits
- Offers higher returns than a chequing account
- Reduces the risks associated with market volatility
- Available in all types of registration (RRSP, TFSA, etc.)
- Improves portfolio diversification
- An excellent option for building an emergency fund
Benefits specific to iA’s HISA
- Can provide protection against creditors
- No estate settlement costs
- Allows for quick and easy payment in the event of death
- No minimum investment required
- Allows withdrawals at any time and at no cost
- No management fees