Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Finding a chequing account that fits your lifestyle all comes down to nailing down what features matter the most to you. We assessed the competition by comparing factors such as account minimums, fees, interest rates, ATM access and unique features to bring you the cream of the crop.
With the BMO Performance Chequing Account you’ll get unlimited free Interac e-Transfers and free withdrawals from BMO ATMs. You’ll get a rebate of $40 on the annual fee that’s associated with your BMO Mastercard when you sign up for this account. It offers unlimited transactions and a $350 welcome bonus when you sign up (if you meet certain criteria). This account comes with a monthly fee of $16.95 for most customers.
One of Simplii Financial’s most popular checquing accounts is the Simplii No Fee Chequing Account, which gives you unlimited free transactions and a chance to earn interest on your account balance. The Simplii Financial chequing account comes with no monthly fees and free unlimited transactions.
As one of Canada’s largest financial institutions, Scotiabank offers a wide range of banking services for individuals and businesses. If you’re looking for the best bundle of benefits and features with this reputable Big Five bank, the Scotiabank Preferred Package is a good place to start.
We chose these chequing accounts based on everyday consumer needs. We looked at details like interest rates, fees, ATM access and more.
These chequing accounts are not representative of the entire market. No single account will be the best choice for everyone, so compare your options before deciding which one is right for you.
When you’re shopping around, look for chequing accounts that have one or more of the following features:
If you’re thinking a chequing account may not be right for you, here are a few alternatives to consider:
There are many providers offering chequing accounts across Canada. Knowing how to compare chequing accounts with multiple providers can help you narrow your options and find the account that best fits your lifestyle.
Enjoy unlimited free transactions and zero monthly account fees with this basic chequing account.
Sign up for eligible RBC bank accounts to get instant access to RBC Vantage program benefits and special offers.
Post-secondary students in Canada can take advantage of this HSBC Student Chequing Account with unlimited transactions and no monthly fee.
Enjoy 25 free transactions and a handful of other banking perks with this fee-free student chequing account.
The TD Access Card is a widely accepted, flexible debit card with an array of options.
Make easy payments in person and online with this hybrid debit card from BMO.
Sign up for an HSBC Advance Debit Card to get unlimited transactions and free HSBC ATM withdrawals.
Apply for an HSBC Student Account to enjoy unlimited withdrawals and a handful of benefits with this premium debit card.
Apply for an HSBC Premier Account to enjoy unlimited withdrawals and a handful of benefits with this premium debit card.
Individuals in Canada on a work permit will find the CIBC Smart for Foreign Workers Account useful while they adjust to their new lifestyle.
