Compare the Best Chequing Accounts in Canada

Provider: SIMPLII FINANCIAL
Monthly Fee: $0.00


Standard Rates
  • Monthly Fee: $0.00
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited
  • Earn up to 0.50% in Interest

  • Key Features
    • Free daily banking: unlimited debit purchases, bill payments & withdrawals
    • Send money for free with Interac e-Transfer®
    • No monthly fees with no minimum balance

    Account Features
    Chequing Account Interest Rates
    • $0.00 - $1,000.00 = 0.05%
    • $1,000.01 - $5,000.00 = 0.10%
    • $5,000.01 - $10,000.00 = 0.15%
    • $10,000.01 - $25,000.00 = 0.15%
    • $25,000.01 and up = 0.50%
    Monthly Fee: $10.95


    Standard Rates
  • Monthly Fee: $10.95
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • Unlimited Interac e-Transfer
    • Unlimited debits in Canada

    Rewards
    • Get $100 When You Open an RBC No Limit Banking Account

    Account Features
    Instant Fuel Savings at Petro-Canada
    • Link your card and instantly save 3¢/L on fuel1 and always earn 20% more Petro-Points at Petro-Canada locations
    Save on Fees
    • Save on your monthly fees with our Multi Product Rebate
    Provider: NBC
    Account Type(s): UNLIMITED TRANSACTIONS
    Monthly Fee: $14.95


    Standard Rates
  • Monthly Fee: $14.95
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • Unlimited Transactions

    Account Features
    • No flat monthly fee with a minimum balance of $4,500
    Provider: HSBC
    Account Type(s): UNLIMITED TRANSACTIONS
    Monthly Fee: $14.95


    Standard Rates
  • Monthly Fee: $14.95
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • Unlimited day-to-day banking
    • One low fee covers your everyday transactions

    Account Features
    • Your daily banking transactions are covered by a monthly administration fee of just $14.95. $4.00 if you are a full-time secondary or post-secondary student.
    • Enjoy freedom from fees when it comes to the transactions you make the most. Quickly and conveniently manage your money with Online Banking, Telephone Banking, Interac® Direct Payments, ATM withdrawals, pre-authorized and electronic debits, cheques, and more. Monthly statements help you monitor your account activity and you can easily reorder complimentary cheques online.
    Provider: SCOTIABANK
    Monthly Fee: $15.95


    Standard Rates
  • Monthly Fee: $15.95
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • Unlimited debit transactions
    • Unlimited Interac e-Transfer transactions

    Rewards
    • Earn 10,000 bonus SCENE® or Scotia Rewards® points when you open a new Scotiabank Preferred Package.

    Account Features
    • No monthly account fee by maintaining a minimum daily closing balance of $4,000 for the entire month
    • Your choice of SCENE or Scotia Reward
    Monthly Fee: $15.95


    Standard Rates
  • Monthly Fee: $15.95
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • Unlimited Interac e-Transfer
    • Unlimited debits in Canada

    Rewards
    • Get $300 When You Open an RBC Signature No Limit Banking Account

    Account Features
    Use Other Bank’s ATMs
    • Interac access fees at non-RBC Royal Bank ATMs. 3 refunded / month, $2.00 each thereafter
    Get Credit Where Credit is Due
    • Up to $39 rebate on the annual fee of an eligible credit card
    Peace of Mind
    • No monthly overdraft protection fee
    Instant Fuel Savings at Petro-Canada
    • Link your card and instantly save 3¢/L on fuel and always earn 20% more Petro-Points at Petro-Canada locations
    Provider: BMO
    Monthly Fee: $15.95


    Standard Rates
  • Monthly Fee: $15.95
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • Unlimited Transactions per month included
    • 1 Mile per $30 spent on debit purchases

    Account Features
    Non-BMO ATM withdrawals
    • $2.00 for each Non-BMO ATM withdrawals
    Interac e-Transfer®
    • Unlimited Interac e-Transfer® transactions
    AIR MILES® Rewards Miles
    • Get 1 Mile for every $30 spent using your BMO Debit Card
    Provider: BMO
    Monthly Fee: $15.95


    Standard Rates
  • Monthly Fee: $15.95
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • $4,000 Minimum balance to waive fee
    • Unlimited Transactions per month included

    Rewards
    • Earn $100 when you open a chequing account online!

    Account Features
    Non-BMO ATM withdrawals
    • 1 Non-BMO ATM withdrawals per month
    Provider: TD BANK
    Account Type(s): UNLIMITED TRANSACTIONS
    Monthly Fee: $15.95


    Standard Rates
  • Monthly Fee: $15.95
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • Unlimited Transactions
    • Monthly fee rebate
    • Unlimited Interac e-Transfer

    Account Features
    Monthly fee rebate
    • No monthly fee if you have $4,000 or more in your account at the end of each day in the month
    No TD fee to use any ATM in Canada
    • Use any ATM in Canada with no TD fee
    Credit card fee rebate
    • $20 off the Annual Fee for the first year for your choice of one of five select TD Credit Cards
    Provider: HSBC
    Account Type(s): UNLIMITED TRANSACTIONS
    Monthly Fee: $25.00


    Standard Rates
  • Monthly Fee: $25.00
  • Debits Included: Unlimited
  • Interac e-Transfers Included: Unlimited

  • Key Features
    • Free INTERAC® e-Transfers
    • Unlimited day-to-day banking

    Account Features
    We’ll waive the $25 / month HSBC Advance chequing account fee when
    • You maintain personal deposits & investments of $5,000 or more with us, OR You hold a personal mortgage with an original amount of $150,000 or more with us
    • 5 rebates / month of ATM convenience fees when using a non-HSBC Bank Canada or non-Exchange Network ATMs
    • No annual fee HSBC Advance Mastercard