High Interest eSavings Account

Introducing the Alterna Bank High Interest eSavings Account

At Alterna Bank, we understand that you don’t always need to visit a branch to handle your day-to-day banking, and so we’ve developed our High Interest eSavings account with you in mind.

  • Offering a high interest rate on every dollar
  • No minimum balance required
  • Unlimited free bill payments, transfers and debits*
  • 2 Free Interac® e-Transfers  (only $0.95 after)
  • Easy access with Online and Mobile Banking, Android and iPhone App.
  • Safe and secure – deposits are insured through the Canada Deposit Insurance Corporation (CDIC)

Don’t delay – sign up online to take advantage of this amazing rate. And we promise, no wait lists!

Easily transfer your money

Our Me-to-Me money transfer feature allows you to conveniently link all of your accounts from different financial institutions to your Alterna Bank account. Learn more.

Open online in minutes.

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High Interest eSavings Accounts and rates are only available for purchase online.

* Cheques and Debit card payments (point of Sale) are not permitted on eSavings

Interest rate is annualized and subject to change without notice. Interest is calculated daily on the closing balance and paid monthly.

For accounts opened before May 1, 2017, the maximum balance per customer is $1,000,000 (plus accrued interest).

For accounts opened on or after May 1, 2017, the maximum balance per customer is $250,000 (plus accrued interest).

Click here for our FAQs on Account Limits.