Free/Low-Fee Chequing Accounts in Canada

Bank/Credit Union
Institution Type
Account Name
Monthly Fee
Notes
Alterna Savings
Credit Union

No-Fee eChequing Account

CA$0.00

Ontario and Quebec only

ATB Financial
Traditional Bank

Pay-As-You-Go Chequing

CA$0.00

Alberta only

BMO
Traditional Bank

Practical Plan Chequing

CA$4.00

CIBC
Traditional Bank

Everyday Chequing Account

CA$4.00

Coast Capital
Digital Bank

Free Chequing, Free Debit, and More Account®

CA$0.00

British Columbia only

Conexus Credit Union
Credit Union

No-Fee Chequing

CA$0.00

Saskatchewan only

EQ Bank
Digital Bank

Personal Account

CA$0.00

Call customer support to decline interest.

Innovation Credit Union
Credit Union

No-Fee Chequing

CA$0.00

Saskatchewan only

Motive Financial
Digital Bank

Cha-Ching Chequing Account

CA$0.00

Call customer support to decline interest.

Neo Financial
Digital Bank

Neo Money Account

CA$0.00

PC Financial
Digital Bank

PC Money Account

CA$0.00

RBC
Traditional Bank

Day to Day Banking

CA$4.00

Scotiabank
Traditional Bank

Basic Bank Account

CA$3.95

Servus Credit Union
Credit Union

Pay-As-You-Go Chequing

CA$0.00

Simplii Financial
Digital Bank

No-Fee Chequing

CA$0.00

Call customer support to decline interest.

Tangerine
Digital Bank

No-Fee Daily Chequing

CA$0.00

Maximum of 2 chequing accounts permitted. Call customer support to decline interest.

TD
Traditional Bank

Minimum Chequing Account

CA$3.95

Vancity
Credit Union

Pay-As-You-Go Chequing

CA$0.00

British Columbia only.