Open a Chequing Account – New to Canada Resource
In Canada, chequing accounts are offered by most banks for a minimal fee or no fee at all. The ...
Compare & Find the Right Chequing Account.
The Best Chequing Accounts in Canada
A Chequing Account is a safe and convenient place to keep your money for everyday use. It is important to consider banking fees and charges before opening a bank account. Compare and find the best chequing account in Canada for your daily banking needs.
Best for Unlimited Transaction
Best No-Fee Chequing Account
Specification: Tangerine No Fee Daily Chequing Account
| Monthly Fee | $0 |
|---|---|
| Transactions included per month | Unlimited |
| Interac e-Transfer | $1 |
| Additional Transaction Charges | Free |
| US ATM fee | $2 |
| Overdraft fee | $5 |
| Overdraft interest | 19.00% |
Best Interest Earning Account
Specification: Tangerine No Fee Daily Chequing Account
| Monthly Fee | $0 |
|---|---|
| Transactions included per month | Unlimited |
| Interac e-Transfer | $1 |
| Additional Transaction Charges | Free |
| US ATM fee | $2 |
| Overdraft fee | $5 |
| Overdraft interest | 19.00% |
Best Student Chequing Account
Specification: TD Student Chequing Account
| Transactions included per month | 25 |
|---|---|
| Monthly Fee | $0 |
| Interac e-Transfer | Free |
| Overdraft fee | $4 |
| Overdraft interest | 21.00% |
Find the Best Chequing account in Canada
Most Canadians require a bank account to store their money in a safe place. There are so many banks and financial institutions offering chequing accounts, here are some factors to help you find the best chequing account that suits your requirements.
Almost all banks offer a no monthly fee chequing account. Look for hidden charges, as some banks require an average minimum balance maintained to waive off the monthly fees.
Evaluate your banking activities, if you make a lot of cheque deposits you may want to consider an account with mobile deposit technology that allows you to deposit cheques via a smartphone app. Perhaps you need a chequing account with unlimited transactions, but don’t mind a small monthly fee.
Best Student Chequing Accounts in Canada
Compare & Find the best Student chequing account in Canada. Find a Student account that best suits ...
Best No-Fee Chequing Accounts in Canada
When it comes to daily banking, no-fee chequing accounts provide a convenient, no-fuss solution. ...
Best Seniors Chequing Account
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Advantages of opening a Senior Account in Canada
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Understanding the Unlimited Chequing Account & Its Advantages
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Types of US Dollar Chequing Account – Find the one Best Suited for your needs
U.S. Dollar Chequing Account with a U.S. Bank
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What features should I look for in a chequing account?
Below are some of the most important features to look for in a chequing account.
- ATM banking
- Personal Cheques
- No or Low Monthly Fees
- Branch, Online or Telephone Banking
- Mobile banking through Smartphone
- Send/receive money through Interac e-transfer®
- Overdraft Protection
- Online Bill Payments
Find the Best No Fee Chequing Accounts in Canada
It is essential to consider banking fees before opening a bank account. Click here for a detailed explanation of Chequing Account Fees to help you compare and choose the right option.
Find the best no-fee chequing account in Canada offered by institutions like Tangerine, Scotiabank, PC Financial and Parama Credit Union. Some banks even require a minimum balance to be maintained on the account to avail of the no monthly fee option.
Chequing Account with Unlimited Transactions
A feature that inevitably attracts consumers is a chequing account with unlimited transactions because regardless of the fixed monthly fee, you can make endless transactions on the chequing account. Most major banks offer such accounts, but there is usually a monthly fee that is applied. This certainly gives users peace of mind allowing them to use their chequing account to its fullest. Compare chequing accounts and find Canada’s most famous bank accounts that save you money.
