{"id":1010669,"date":"2023-03-10T22:55:13","date_gmt":"2023-03-11T03:55:13","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?page_id=1010669"},"modified":"2026-08-05T13:36:52","modified_gmt":"2026-08-05T17:36:52","slug":"bank-accounts-for-bad-credit","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/chequing-accounts\/bank-accounts-for-bad-credit","title":{"rendered":"Can I open a bank account with bad or no credit in Canada?"},"content":{"rendered":"

Canadian banks usually perform a credit check to verify your identity when opening an account. But there\u2019s no minimum credit score, so you can open a bank account even with bad or no credit.<\/p>

Can I open a bank account with bad credit or no credit?<\/h3>

Yes, regardless of whether you have bad credit, no credit history or a good credit score, you can still open a bank account in Canada. Banks in Canada do not require hard credit checks in order to open a bank account.<\/p>

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\n \n \n <\/circle>\n <\/path>\n <\/svg>\n <\/span>\n Did you know?<\/span>\n <\/h4>\n
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The Government of Canada has mandated that every Canadian has the right to open a bank account \u2014 including chequing and savings accounts \u2014 even if you have been in bankruptcy.<\/p>\n <\/div>\n <\/div>\n<\/div>\n

Banks with no credit check to open an account in Canada<\/h3>

The following bank accounts \u2014 including some free options \u2014 allow people with bad credit to sign up and do not do hard credit checks when opening an account:<\/p>\n\n\n\n\n\n
<\/th>\nAccount<\/th>\nMonthly fee<\/th>\nOpen an Account<\/th>\n<\/tr>\n<\/thead>\n
\"BMO\"<\/td>\nBMO Performance Chequing Account<\/a><\/td>\n$17.95<\/td>\n<\/td>\n<\/tr>\n
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\n Exclusive<\/span>\n
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+ Get a $175 digital Visa Card<\/strong> when you open a BMO Performance Chequing Account<\/strong> through Finder\u2014stack with BMO's offer for a total $1,075 bonus<\/strong>. Become a Finder Member in seconds for free to claim your reward. Offer ends August 31, 2026. T&Cs apply.<\/div>\n <\/div>\n
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