Digital banking in Canada is here to stay. More and more people are managing their money online and through mobile banking without having to visit a bank branch. The latest banking technology offers a smooth user-interface, robust safety features and loads of convenient banking options.<\/p>
Compare digital banking providers in Canada below and see which traditional banks offer digital banking through their websites and banking apps.<\/p>
Digital banking is a fairly loose umbrella term that includes online banking, mobile banking, budgeting apps, and challenger banks (also called new banks). As the name suggests, online banking is the activity of dealing with your finances through the internet.<\/p>
Some digital banks in Canada operate entirely online \u2013 usually through an app or website rather than from a physical branch \u2013 while others provide both online and in-person service.<\/p>
Online banking has steadily been increasing in popularity in Canada. In the recent Finder: Consumer Sentiment Survey Q1<\/em>, more than 1,845 Canadians were asked about their plans to open and use banking products, and almost 1 in 4 respondents (24%) said they planned to open an account with a digital bank.<\/p>Compare banks that offer digital banking in Canada<\/h3>
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\n \n\nProvider<\/th>\n What we like<\/th>\n Monthly fee<\/th>\n Open account online<\/th>\n<\/tr>\n<\/thead>\n \n ![\"BMO\"](\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/11\/BMO-Logo_Supplied_1800x1000.jpg\" "\\"Image:"){kind=logo}
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$17.95 (can be waived)<\/td>\n \n