Can I get overdraft protection if I have bad credit?

You likely won't qualify for overdraft protection if you have bad credit, because banks typically conduct a credit check to determine you're eligibility. Instead, consider budgeting a small amount for unexpected costs, and make sure this amount stays in your account at all times.

What information do I need to open a bank account if I have bad credit?

The requirements for opening a bank account in Canada are the same regardless of whether you have good or bad credit. You need to provide valid ID, your contact details, your reason for opening an account and your employment status. You'll also have to provide a copy of ID or consent to a soft credit check to verify your identity.

Can I open a joint account if I have bad credit?

Yes, you can open a joint account even if you, or the person you're opening the account with, have bad credit. The process will be the same on the bank's side. It will likely just do a soft credit check to verify both joint account holders' identities.