You have financial goals and the CWB savings account offering can help you achieve them. With a Summit Savings Account, you earn interest on your money and your funds are available if you need them in a hurry. Save money faster while spending less with high interest rates and low fees. Compare everyday savings accounts for the short term benefits you want to reach your long-term goals faster.

Effective date: 16-June-2025 Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. Interest and rate tiers are subject to change without notice. Interest is paid in the currency of the account. All rates are per annum and are subject to change without notice.

There are some fees associated with this account.

Helpful top: To avoid transaction fees, you can transfer the money to and from a complementary CWB chequing account and complete the transaction from your chequing account.

¹ Transactions are any manual or electronic debits including but not limited to: withdrawals, cleared cheques, bank draft issuance, debit card transactions, ATM transactions, pre-authorized payments, wire transfers or bill payments.

Effective March 1st, 2025, the following CDIC member institutions have amalgamated: Canadian Western Bank (CWB) and National Bank of Canada (NBC). Upon the amalgamation of these entities, eligible deposits held at CWB migrated to NBC. Click the CDIC logo for more detailed information.