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Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

About Savvy New Canadians

Savvy New Canadians is one of Canada's top personal finance platforms. Millions of Canadians use our site each year to learn how to save for retirement, invest smartly, maximize rewards, and earn extra cash. We have been featured in prominent finance media, including Forbes, Globe and Mail, Business Insider, CBC, MSN, Wealthsimple, and TD Direct Investing. Learn more about Savvy New Canadians.

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17 thoughts on “Best Bank Accounts for Seniors in Canada in 2025”

  1. Gravatar for Michael

    TD doesn’t have any Senior Programs as I understood after visit them today!
    Fake information must be corrected…

  2. Gravatar for Laura

    I started out with a zero fee account with Scotiabank, now it is $6.95 a month and I am being advised that I have to maintain a three thousand dollar daily minimum balance to eliminate the fees, plus being charged for more than 12 transactions per month . If you’re a senior, and your income is less than Three thousand a month, how is this fair? Why isn’t someone putting the brakes on these banks and their greedy bloodsucking ways!

  3. Gravatar for Tom

    Scotiabank Basic Banking is still charging & crediting me $3.95/mo for my bank account as of Dec 2022

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