Take control of your liquidity!

Philippe NatafLife insurance agent (ON) and Financial security advisor (Qc) - 232649

05 Nov 2025

Current High-Interest Account Options

Rates as of October 17, 2025

Most of us, when we receive our paycheck, do the same thing — we deposit it into our bank account. If there’s any money left over at the end of the month, we either leave it there or move it to a savings account at our financial institution.

Usually, those accounts offer a low interest rate, but we keep the money there because it’s accessible — funds we might need in the short or medium term. That’s what we call liquid assets.

Understanding Liquid Assets

Liquid assets aren’t locked in for a specific term and can be withdrawn at any time.

Generally, in interest-bearing accounts, the principal doesn’t decrease in value.

However, some banks charge monthly account fees that can slowly erode your savings.

Accounts With No Fees and Competitive Rates

Below are some options from institutions offering no account fees* and attractive interest rates as of October 17, 2025.

All of these accounts allow withdrawals or redemptions at any time.

Épargne Placement Québec

Flexi-Plus Savings – 1.85% variable
Online access available for self-service deposits and withdrawals.
No fees.

Savings Bond – 2.75% fixed for one year
Redeemable at any time.
Available until November 1, 2025.
Watch here
No fees.

iA Financial Group

High-Interest Savings Account – 2.05% variable
No management or withdrawal fees.

Canada Life

High-Interest Savings Account (Segregated Funds) – 1.51% variable
No withdrawal fees.
Option to name a beneficiary.

Manulife Bank

Promotional Rate: 4.75% for 4 months, then 1.75% variable
Offer valid until November 21, 2025.
*Standard banking fees apply for transactions if balance falls below $1,000.

EQ Bank

Everyday Account – 1% variable, withdrawable anytime.
No fees.
(No partnership with this institution.)

Want to Learn More?

If you’d like to discuss which option best fits your situation, feel free to schedule a quick phone appointment — I’d be happy to walk you through the details. Click here.

Picture from micheile henderson

The information in this article is for general purposes only and may not reflect current laws or regulations. Verify any details with a qualified professional before making decisions. Some portions may have been created with AI assistance and should be confirmed for accuracy.

Written by Philippe Nataf

Life insurance agent (ON) and Financial security advisor (Qc) - 232649