{"id":769164,"date":"2017-05-11T12:43:09","date_gmt":"2017-05-11T19:43:09","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?page_id=769164"},"modified":"2025-11-07T05:49:20","modified_gmt":"2025-11-07T10:49:20","slug":"banking","status":"publish","type":"page","link":"https:\/\/www.finder.com\/ca\/banking","title":{"rendered":"Banking Finder"},"content":{"rendered":"<section style=\"margin-bottom: 20px;\"><\/section><h3>Chequing account guides<\/h3><div class=\"u-grid\"> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-savings-solid\"><\/i>Chequing Accounts<\/h4>\n          <p>Reap benefits from signup bonuses and low or no transaction fees.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/05\/Banking-scale-weighing-money-bags_Getty-Images_250x250.jpg\" alt=\"Chequing Accounts\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/05\/Banking-scale-weighing-money-bags_Getty-Images_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/05\/Banking-scale-weighing-money-bags_Getty-Images_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/banking\/new-bank-account-offers\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-term-deposit\"><\/i>New Bank Account Offers<\/h4>\n          <p>Find the best chequing account signup bonuses on the market.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/08\/smilingwomanholdingbankcardandtablet_GettyImages_250x250.jpg\" alt=\"New Bank Account Offers\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/08\/smilingwomanholdingbankcardandtablet_GettyImages_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2021\/08\/smilingwomanholdingbankcardandtablet_GettyImages_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/banking\/open-bank-account-online\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-debit-cards-solid\"><\/i>Open Bank Account Online<\/h4>\n          <p>Learn how to open a bank account online in 5 simple steps.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/01\/banking-on-smart-phone_getty_250x250.jpg\" alt=\"Open Bank Account Online\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/01\/banking-on-smart-phone_getty_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/01\/banking-on-smart-phone_getty_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <\/div><h3>Savings account guides<\/h3><div class=\"u-grid\"> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/savings-accounts\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-loans-solid\"><\/i>Savings Accounts<\/h4>\n          <p>Compare the best savings accounts on the market in Canada.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/06\/Handputtinggoldcoinintopiggybank_Savings_GettyImages_250x250.jpg\" alt=\"Savings Accounts\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/06\/Handputtinggoldcoinintopiggybank_Savings_GettyImages_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/06\/Handputtinggoldcoinintopiggybank_Savings_GettyImages_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/savings-accounts\/best-high-interest-savings-accounts\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-savings-solid\"><\/i>High Interest Rate Accounts<\/h4>\n          <p>Earn the highest interest rates and make your money work for you.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2018\/12\/hand-adding-coins-to-growing-piles_Getty-Images_250x250.jpg\" alt=\"High Interest Rate Accounts\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2018\/12\/hand-adding-coins-to-growing-piles_Getty-Images_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2018\/12\/hand-adding-coins-to-growing-piles_Getty-Images_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/banking\/bank-interest-rates\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-calculator\"><\/i>Compare Bank Interest Rates<\/h4>\n          <p>Understanding bank interest rates will impact what the best options are for your money.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/06\/Man-confused-and-stressed-over-financial-calculations_Getty-Images_250x250.jpg\" alt=\"Compare Bank Interest Rates\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/06\/Man-confused-and-stressed-over-financial-calculations_Getty-Images_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/06\/Man-confused-and-stressed-over-financial-calculations_Getty-Images_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <\/div><h3>Business banking guides<\/h3><div class=\"u-grid\"> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/banking\/business-banking\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-loans-solid\"><\/i>Business Bank Accounts<\/h4>\n          <p>Discover the benefits of business bank accounts.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/04\/gettyimages-10447433182.jpg\" alt=\"Business Bank Accounts\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/04\/gettyimages-10447433182.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/04\/gettyimages-10447433182.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/04\/gettyimages-10447433182.jpg?fit=600 600w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/04\/gettyimages-10447433182.jpg?fit=900 900w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/04\/gettyimages-10447433182.jpg?fit=1200 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/banking\/business-banking\/best-business-bank-account-canada\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-savings-solid\"><\/i>Compare the best business bank accounts.<\/h4>\n          <p>Teach your kids or grandkids the benefits of saving early.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2017\/05\/Businesswomans-hand-typing-on-a-calculator_Getty-Images_250x250.jpg\" alt=\"Compare the best business bank accounts.\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2017\/05\/Businesswomans-hand-typing-on-a-calculator_Getty-Images_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2017\/05\/Businesswomans-hand-typing-on-a-calculator_Getty-Images_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/credit-cards\/business-credit-cards\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-calculator\"><\/i>Business Credit Cards<\/h4>\n          <p>Browse business credit cards available in Canada.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/09\/PersonComparingCreditCards_GettyImages_250x250.jpg\" alt=\"Business Credit Cards\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/09\/PersonComparingCreditCards_GettyImages_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/09\/PersonComparingCreditCards_GettyImages_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <\/div><h3>Kids banking guides<\/h3><div class=\"u-grid\"> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-loans-solid\"><\/i>Kids Bank Accounts<\/h4>\n          <p>Fast-track your child\u2019s financial literacy by teaching them about money.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/11\/kidsbanking_GettyImages_250x250.jpg\" alt=\"Kids Bank Accounts\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/11\/kidsbanking_GettyImages_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/11\/kidsbanking_GettyImages_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\/best-bank-account-for-kids\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-savings-solid\"><\/i>Best Kids Bank Accounts<\/h4>\n          <p>Teach your kids or grandkids the benefits of saving early.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/02\/piggybanklaunchingfinancialgrowthconcept_GettyImages_250x250.jpg\" alt=\"Best Kids Bank Accounts\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/02\/piggybanklaunchingfinancialgrowthconcept_GettyImages_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2022\/02\/piggybanklaunchingfinancialgrowthconcept_GettyImages_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <div class=\"u-grid__col u-1\/3@s\"> <a class=\"sectionCard luna-card luna-card--border luna-card--stretch\" href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\/debit-cards-for-kids\">\n        <div class=\"luna-card__block\">\n          <h4 class=\"sectionCard__title\"><i class=\"sectionCard__icon icon-calculator\"><\/i>Debit Cards for Kids<\/h4>\n          <p>Kids debit cards are great ways to help teach your children about how to save and spend wisely.<\/p>\n        <\/div>\n        <div class=\"luna-card__figure\">\n          <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/01\/Couple-and-child-on-couch-using-a-laptop-financial_Getty-Images_250x250.jpg\" alt=\"Debit Cards for Kids\" srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/01\/Couple-and-child-on-couch-using-a-laptop-financial_Getty-Images_250x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/01\/Couple-and-child-on-couch-using-a-laptop-financial_Getty-Images_250x250.jpg?fit=250 250w\" sizes=\"(max-width: 250px) 100vw, 250px\" loading=\"lazy\">\n        <\/div>\n      <\/a> <\/div> <\/div><h3 style=\"text-align: center;\">Frequently asked questions<\/h3><ul class=\"luna-accordionGroup accordionGroup\"><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000000\" data-toggle=\"collapse\" data-target=\"#accordion0000000000\">\n        <span class=\"luna-accordion__title\">What is the best free bank account in Canada?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000000\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><p>Our pick for the best free bank account in Canada is the Simplii Financial No Fee Chequing Account. We chose it because of standout features like unlimited debit purchases, bill payments and withdrawals, along with the ability to earn interest on your balance and free access to 3,400 CIBC ATMs across the country.<\/p><p>However, as an online bank, Simplii has no brick-and-mortar locations to visit should you need help. More unusual services, such as bank drafts, can take more time or cost more money. For that reason, you should always review banking offers and terms and conditions when researching which is the best no-fee chequing accounts in Canada for your needs.<\/p><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000001\" data-toggle=\"collapse\" data-target=\"#accordion0000000001\">\n        <span class=\"luna-accordion__title\">What banks allow you to open a chequing account online in Canada?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000001\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><p>Mostly all banks allow you to <a href=\"https:\/\/www.finder.com\/ca\/banking\/open-bank-account-online\">open a chequing account online in Canada<\/a>; however, some banks may require you to set up an in-person appointment after starting the process online. If you\u2019re looking for a bank whose account opening process is 100% online, consider a digital bank, such as Simplii, Neo Financial or Tangerine. Keep in mind that whether you open an account online or in-person, you will need to provide documentation and photo identification.<\/p><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000002\" data-toggle=\"collapse\" data-target=\"#accordion0000000002\">\n        <span class=\"luna-accordion__title\">What is the best type of savings account?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000002\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><p>The best type of savings account varies depending on your needs. For example, if you want to grow your money as quickly as possible, a high-interest savings account is the answer. But if you want to be able to rely on face-to-face customer service at a branch when needed, you\u2019ll want to consider traditional savings accounts from banks and credit unions.<\/p><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000003\" data-toggle=\"collapse\" data-target=\"#accordion0000000003\">\n        <span class=\"luna-accordion__title\">What are the seven types of savings accounts?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000003\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><p>The seven types of savings accounts in Canada are traditional savings accounts, high-interest savings accounts, online savings accounts, joint savings accounts, registered savings accounts, fixed-rate savings accounts and kids\u2019 savings accounts.<\/p><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000004\" data-toggle=\"collapse\" data-target=\"#accordion0000000004\">\n        <span class=\"luna-accordion__title\">Do I need a Canadian address to open a bank account online?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000004\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><p>Major banks in Canada typically require proof of address to open a bank account. However, some digital banks like <a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/eqbank-personal-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22EQ%2BBank%22%2C%22site%22%3A%22CAFSA-CHQ%22%2C%22offer_id%22%3A%2222475%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22product_id%22%3A%22bffd0c48-dbf8-4ec5-aedf-a9eeb532406b%22%2C%22product_name%22%3A%22EQ%2BBank%2BPersonal%2BAccount%22%2C%22provider_id%22%3A%225e5bd9bf-b394-4422-97dc-7e9052c4f642%22%2C%22provider_name%22%3A%22EQ%2BBank%22%2C%22post_id%22%3A%22769164%22%2C%22post_path%22%3A%22banking%22%2C%22post_country%22%3A%22ca%22%7D\">EQ Bank<\/a> and <a target=\"_blank\" rel=\"sponsored\" href=\"https:\/\/www.finder.com\/redirect\/ca\/savings-accounts\/simplii-high-interest-savings-account-ca-savings-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22product_link%22%2C%22title%22%3A%22Simplii%2BFinancial%22%2C%22site%22%3A%22CAFSA%22%2C%22offer_id%22%3A%2221491%22%2C%22niche_code%22%3A%22CAFSA%22%2C%22product_id%22%3A%22784d7307-f7d0-47ba-8b65-f6db8d03436d%22%2C%22product_name%22%3A%22Simplii%2BHigh%2BInterest%2BSavings%2BAccount%22%2C%22provider_id%22%3A%2296092938-0048-41cc-a426-40c7fcee917a%22%2C%22provider_name%22%3A%22Simplii%2BFinancial%22%2C%22post_id%22%3A%22769164%22%2C%22post_path%22%3A%22banking%22%2C%22post_country%22%3A%22ca%22%7D\">Simplii Financial<\/a> might let you open an account without proof of residency if you have valid government-issued ID like a driver\u2019s licence, passport or Canadian permanent residency card.<\/p><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000005\" data-toggle=\"collapse\" data-target=\"#accordion0000000005\">\n        <span class=\"luna-accordion__title\">How do I find the best bank account for my kid?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000005\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><p>To find the best kids\u2019 bank account in Canada, you must consider the features you want. In most cases, the best kids\u2019 bank account will offer ease of use, no or low fees, and additional perks (to help incentivize your kids to start the money management process).<\/p><p>A great way to find your child\u2019s bank account is to compare all the features and determine what would work best for your family. To start, you can use our guide on <a href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\/best-bank-account-for-kids\">kids\u2019 banking<\/a> to learn more about how these accounts work and compare some of the best.<\/p><\/div>\n  <\/div>\n<\/li><li class=\"luna-accordion\" data-accordion=\"accordion\">\n  <div class=\"luna-accordion__summary\">\n    <h4 class=\"luna-accordion__heading\">\n      <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"accordion0000000006\" data-toggle=\"collapse\" data-target=\"#accordion0000000006\">\n        <span class=\"luna-accordion__title\">Why should I open a business bank account for my small business?<\/span>\n        <svg class=\"luna-icon\" aria-hidden=\"true\">\n          <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n          <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n        <\/svg>\n      <\/button>\n    <\/h4>\n  <\/div>\n  <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"accordion0000000006\" data-accordion=\"details\">\n    <div class=\"accordionContent\"><p>If you\u2019re wondering whether you need a small business bank account, there are lots of reasons why opening a business bank account makes sense. While it may be possible to manage your small business finances from a personal bank account, it\u2019s a good idea to search for the best small business bank account in Canada. Business bank accounts often support more monthly transactions than personal accounts, and opening a business account allows you to keep your business transactions separate from your personal spending.<\/p><\/div>\n  <\/div>\n<\/li><\/ul>","protected":false},"excerpt":{"rendered":"<p>Navigate through the many options for your money with our hub of comprehensive banking and investing guides.<\/p>\n","protected":false},"author":26,"featured_media":783902,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"page-masthead-one-column.php","meta":{"footnotes":""},"tags":[1517,5985,3837],"class_list":["post-769164","page","type-page","status-publish","has-post-thumbnail","hentry","tag-banking","tag-chequing-accounts","tag-savings-accounts-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Compare Bank Accounts in Canada | Finder Canada<\/title>\n<meta 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