EQ Bank Personal Account vs Simplii High Interest Savings Account

Yield after fees, your return and your after-tax return, side by side.

Compare every option in the yield finder
Ranked only by the calculated return for your inputs. Referral links never change the order, and most options here, including every ETF, pay us nothing. Rates change often, so confirm with the provider before moving money. This is general information, not advice. How we calculate and rank

Return on $10,000 over 12 months. After-tax figures use a combined federal and provincial marginal tax rate of 29.65%.

Simplii High Interest Savings Account earns $37.11 more than EQ Bank Personal Account after tax over 12 months.
1
Simplii Financial · Bank savings account
As of Nov 6, 2026
Yield
0.30%
Posted bank rate
5.00% promo
for 153 days, on up to $100,000
New clients, new money only
Sign up by Jan 31, 2027
Return
$229.16
2.29% a year
Includes 5.00% promo for 153 days on up to $100,000
After tax
$161.22
1.61% a year
CDIC insured
Non-reg.
Online savings account.
Visit Simplii Financial Referral link · we may earn a commission $50 Bonus via our link (not counted in the return)
2
EQ Bank · Bank savings account
As of Nov 7, 2026
Yield
1.75%
Posted bank rate
Return
$176.41
1.76% a year
After tax
$124.10
1.24% a year
CDIC insured
TFSA RRSP Non-reg.
Online savings account.
Visit EQ Bank Referral link · we may earn a commission Earn $25 when you sign up using our link! (not counted in the return)