Skip to main content

​High Interest eSavings Account

2.25%* on your first eSavings account

for 120 days!

​No monthly fee

​No minimum balance

Earn a competitive rate of interest

  • One free debit each month
  • Deposit cheques using your mobile device with Deposit Anywhere™
  • Unlimited, free deposits at any of THE EXCHANGE Network's 3700 ATMs across Canada
  • 24/7 online and mobile banking with free eStatements 

​Let's do this together!

Already a Member? Open an account online now.

2.25% Interest High eSavings Terms and Conditions

  1. The 2.25% Promotional Interest Rate will be paid on any Retail Member's first eSavings account opened (as the primary account holder) between April 30, 2020 and July 31, 2020. Members who are or have been the primary account holder of an eSavings account since January 1, 2019, will not be eligible.
  2. Existing Members can open their first eSavings account at a branch, at a Personal Assisted Teller (PAT), by calling our Member Solution Centre, or by logging into online banking. 
  3. Any individual who is not currently a Member of FirstOntario and would like to open their first eSavings account must become a Member in order to do so.
  4. The Promotional Interest Rate of 2.25% APR will be calculated daily and paid monthly.
  5. The Promotional Rate will be paid on the daily balance of the account for the first 120 days starting on, and including, the day on which the account is opened provided the account is opened between April 30, 2020 and July 31, 2020. 
  6. After the 120 day period of earning Promotional Interest, the interest earned on this account will be at the posted rate displayed on FirstOntario's website.
  7. If FirstOntario is unable to run the Promotion as planned, for any reason, FirstOntario reserves the right at its sole discretion to, without advance notice, terminate or suspend the Offer, in whole or in part, or modify it in any way.
  8. FirstOntario reserves the right, at its sole discretion, to suspend, disqualify, limit or revoke this Offer to any Account holder it finds or believes to be manipulating or otherwise abusing the process, fairness or integrity of this offer.

​Fees associated with this account

Interac e-Transfers®$1.50 each

Electronic debits

*Electronic debits include  ATM withdrawals,  ATM, online/mobile and telephone bill payments, ATM, online/mobile and telephone banking transfers out, preauthorized debits and point of sale (POS) transactions

1 free per month, $3.50 thereafter

In-branch transactions

$7.50 each 

Take a look at...

Round Up and Save

Bump up debit purchases to the nearest dollar – the difference is automatically transferred to your savings account.


Grow your savings tax-free with a Tax-Free Savings Account.  

Ways to Bank 

FirstOntario offers convenient everyday banking options. Choose what works best for you.