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Bank Comparisons in Canada (2026): Best Banks, Credit Unions, Online Banks and Apps

Updated

Choosing a bank in Canada usually comes down to three kinds of institution: a Big Five bank with branches, an online bank without them, or a credit union. The rankings below compare each kind; the head-to-heads put two or three specific banks side by side.

Rankings

What every bank charges, plan by plan, is compared on the bank fees in Canada page in the fees hub.

Big bank head-to-heads

  • CIBC vs TD vs RBC: accounts, fees, cards, mortgages and investing at three of the Big Five, including TD vs RBC on its own

Online bank head-to-heads

EQ Bank and Oaken Financial, the two savings-rate specialists, are compared in the Oaken Financial review.

Fintech head-to-heads