The days of visiting a bank branch and waiting in line to open a bank account are long gone. Most Canadian financial institutions let you open a bank account online with instant access in a matter of minutes. In this guide, we break down instant online bank accounts in Canada and the steps you need to take to open one of these accounts.<\/p>
All of these banks let you open an account online essentially instantly, within only a few minutes. Many of these accounts don\u2019t even charge a monthly fee.<\/p>
| Bank account<\/th>\n | Instant access?<\/th>\n | Time to open account online<\/th>\n | Monthly fee<\/th>\n | Get started<\/th>\n<\/tr>\n<\/thead>\n | |
|---|---|---|---|---|---|
| \n BMO Performance Chequing Account<\/strong><\/div><\/td>\n Yes<\/td>\n | Approximately 7 minutes<\/td>\n | $17.95 (can be waived)<\/td>\n | \n<\/td>\n<\/tr>\n\n | \n\n\n | \n Exclusive<\/span>\n <\/div>\n \n \n <\/p> + 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 \n |