High-Interest Savings Account

Chequing account rut? Move your savings over to the fast lane.

Earn up to 3.75% interest on new deposits!1
Until March 31, 2025

Return
Up to 1.60%

Risk
No risk

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A high-interest savings account2 is like upgrading your bank account. It rakes in higher interest on your savings monthly and it’s 100% online and free.

In a nutshell, make money with your savings and withdraw at any time for a short-term goal like a trip or home renovations. That’s a sweet deal, and it’s even available as a TFSA.

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Ready to save?

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Money can’t buy happiness, but extra cash for zero effort might put a smile on your face.

Don’t miss our promo rates!

For a limited time, earn up to 3.75% interest on your new deposits.1

Current rates for our high-interest accounts

High-Interest Savings Account

1.55%

3.25% on new deposits1

Promo rate applies until February 28, 2025

High-Interest TFSA

1.60%

3.75% on new deposits1

Promo rate applies until March 31, 2025

Beneva, a smart investment

We offer attractive rates

Money sleeping in your bank account? Our attractive interest rate puts your money to work in no time.

We keep it 100% free

No minimum investment, zero service fees, and get unlimited transactions.

Deposit protection

Deposits covered by the Autorité des marchés financiers, up to $100,000 per deposit category. Please consult the Autorité des marchés financiers pamphlet for more details: Your deposits are protected. That’s a guarantee! (lautorite.qc.ca).

We're big on customer service

Your account is 100% online, but support is never far when you need it.

Available as a TFSA
100% of the earnings in your pocket

Your high interest account can be registered as a TFSA.

  • No red tape. Withdraw the amounts you want when you want, without tax penalties.
  • Any profits you make won’t be taxed, even when withdrawn.
Discover the TFSA

Automatic deposits
Not one to squirrel money away? Go automatic for quick, easy savings!

Let's face it, we all mean to save, but often don’t. Payroll deductions3 or pre-authorized debits are a smart way to stay on track and enjoy the rewards of hassle-free savings.
To set up payments, simply program how much, how often, and how long you wish to save. That’s it, you’re building a nest egg (plus interest).

Which plan is right for this account?

Non-registered plan

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1. Current and promotional interest rates are subject to change without notice. Promotional interest rates apply to all new net deposits from an external account up to a maximum of $100,000 made to a Beneva High-Interest Savings Account, registered or non-registered. The promotional interest rate of up to 3.25% applies to deposits made to a Beneva High-Interest Savings Account (non-registered) from December 2, 2024, to February 28, 2025. The promotional interest rate of up to 3.75% applies to deposits made to a Beneva High-Interest TFSA from December 2, 2024, to March 31, 2025.

Additional terms and limitations apply. See full details.

2. This account is available to individuals residing in the province of Quebec only.

3. Reserved for Quebec's public service employees with a participating employer.

Beneva Inc. is an authorized deposit institution registered with the Autorité des marchés financiers, under the Deposit Institutions and Deposit Protection Act.

Terms of use of the Beneva High-Interest Savings Account.