Best bank to put money in Vancouver for new immigrant

[Tokibaee]

and do the banks in Canada actually offer yearly interest on your saving account? If so , what’s the interest rate? Thanks

 

[steaky]

They offer monthly interest. The interest rate varies from one bank to another. You can check the website of each bank.

EDIT: There is this recent thread on this topic:

https://www.canadavisa.com/canada-i...o-have-a-savings-account.549345/#post-6840246

 

[Investocrat]

EQ Bank and Tangerine bank offer some of the best savings account interest rates around. With Tangerine and Simplii Financial, you can also earn interest on your chequing account. If you interested, here's a review of Tangerine:

https://www.savvynewcanadians.com/tangerine-bank-review-no-fee-daily-banking/

and do the banks in Canada actually offer yearly interest on your saving account? If so , what’s the interest rate? Thanks