FinviloSimplii Financial
No Fee Chequing Account
An everyday account with no monthly fee or minimum balance. Unlimited debit purchases, bill payments and withdrawals are included.
Full details for No Fee Chequing Account (opens in new tab)Best no-fee chequing accounts in Canada: how to choose
A no-fee chequing account suits most people who bank online. Before you switch, check unlimited e-Transfers, which ATM network you can use for free, and how you would deposit cash.
What to compare
- Monthly fee and any conditions to keep it at zero
- Number of debit transactions and e-Transfers included
- Free ATM network
- Cash and cheque deposit options
- Overdraft protection costs
Who should look elsewhere: If you deposit cash often or need in-person help, a branch-based plan may be worth its fee.
Options we list (4)
Listed alphabetically, not ranked. Placement is not affected by compensation. Confirm current terms with each provider.
Tangerine
No-fee daily Chequing Account
An everyday account with no monthly fee or minimum balance. It includes unlimited debit purchases, bill payments and pre-authorized transactions.
- Transactions included
- Unlimited number of daily transactions
EQ Bank
Personal Account
A combined everyday banking and savings account with no everyday banking fees. The listed rate here is the base rate, excluding conditional bonus interest.
- Savings interest rate
- 1.50%
National Bank of Canada
The Minimalist®
A basic banking package with 18 digital transactions per month, including Interac e-Transfers. Eligible groups receive a monthly fee waiver.
- Monthly fee
- $3.95
- Transactions included
- 18 digital transactions
Side-by-side comparisons
General information, not personalized financial advice.