HISAs, for those in the know¹, are “High Interest Savings Accounts” and offer a nearly zero risk, highly liquid², way to earn some interest on your cash holdings. If your broker doesn’t give you access to HISAs (or you have to pay large transaction fees to acquire them³), then there’s also ETFs that fit the bill, and some of them are now in this table, too.

Provider	Fund	Link	Rate Sheet	Rate
RBC	RBF2011, RBF2021, RBF2031, RBF2041	RBC	Link	2.30%
Scotiabank	DYN6004, DYN5004, DYN3065, DYN3055, DYN3075	Scotiabank	Link	2.45%
Equitable Bank	EQB1001, ETR1001	Equitable Bank	n/a	2.30%
TD	TDB8151, TDB8156, TDB8158, TDB8160	TD	n/a	2.30%
Renaissance	ATL5071	Renaissance	n/a	2.30%
Home Trust	HOM101, HOM201	Home Trust	Link	2.40%
B2B	BTB101	B2B Bank	n/a	2.40%
Manulife	MIP610, MIP810	Manulife	n/a	2.15%
National Bank	NBC200, NBC6200, NBC8200	NBI Altamira CashPerformer	n/a	2.30%
Global X	CASH	CASH Fact Sheet	n/a	2.55%4
Evolve	HISA	HISA Fact Sheet	n/a	2.45%5
BMO	ZMMK	ZMMK Fact Sheet	n/a	2.76%6

As both Canada and the US lowered their policy rates last week, the interest rates you see here are lower than what you could get last month⁷. US rates remain quite a bit higher than Canadian rates, which I took advantage of recently.

CASH and HISA are ETFs that hold HISAs; I’d expect their rates to drift lower next month. ZMMK is a very short-term bond fund that carries more risk than a HISA, but gives a slightly better return as a result. ZMMK appears in my ETF All-Stars list.

Since I hold a substantial amount of USD-denominated ETFs, I also track US interest rates.

Provider	Fund	Link	Rate Sheet	Rate
RBC	RBF2015	RBC	Link	3.90%
Scotiabank	DYN6005, DYN5005	Scotiabank	Link	3.90%
Equitable Bank	EQB1101, ETR1101	Equitable Bank	n/a	3.80%
TD	TDB8153	TD	n/a	3.90%
Renaissance	ATL5075	Renaissance	n/a	3.90%
Manulife	MIP611	Manulife	n/a	3.05%
National Bank	NBC201	NBI Altamira CashPerformer	n/a	3.90%
Global X	UCSH	UCSH Fact Sheet	n/a	4.18%8
Evolve	HISU	HISU Fact Sheet	n/a	3.99%9
iShares	ICSH	ICSH Fact Sheet	n/a	4.53%10

UCSH and HISU invest in HISAs exclusively; I instead use ICSH which is a rough equivalent of ZMMK in terms of portfolio makeup. Like ZMMK, I enjoy a slight premium in yield as a reward for taking a bit more risk.

1. You can read an intro over at Earn money with your cash: The HISA table February 2025 ↩︎
2. I don’t like GICs for this reason. And they tend to not be very portable between brokers, either. ↩︎
3. For example, Questrade, my current go-to broker. ↩︎
4. As of August 29 distribution. ↩︎
5. As of August 27 distribution ↩︎
6. As of August 28 distribution ↩︎
7. Except for the ETFs I track…they are a bit more volatile month to month, which makes sense given what they hold. ↩︎
8. As of August 29 distribution ↩︎
9. As of August 27 distribution ↩︎
10. As of September 2 distribution ↩︎