The best bank in Canada varies by customer needs, but top picks in 2025 include:

• Scotiabank is considered the best all-in-one bank in Canada, offering comprehensive services, flexibility, and good interest rates on bundled services.
• TD Bank is rated as the best bank for online banking with excellent digital platforms.
• National Bank of Canada is the best bank for newcomers with no fees for up to 3 years and helpful newcomer services.
• EQ Bank is recognized as the best overall bank for personal banking due to competitive products and high savings interest rates.
• Tangerine is noted as the best online bank for no-fee banking.
• Other banks like RBC, CIBC, and BMO remain strong contenders, especially for larger scale or specific needs like international students or investing.

In summary, Scotiabank leads as the top all-around bank, TD excels in digital banking, and EQ Bank offers the best overall experience for personal banking in Canada in 2025, with considerations depending on individual banking goals and preferences.