FinviloCIBC
CIBC Smart™ Account with CIBC Smart™ for Students
Unlimited everyday banking for full-time students graduating at age 25 or older, with no monthly fee while in school.
- Monthly fee
- $0
- Transactions included
- Unlimited
Best student bank accounts in Canada: how to choose
Most big banks offer a chequing account with no monthly fee for full-time students. The real differences are how long the student pricing lasts, what it converts to, and any card or welcome extras.
What to compare
- Proof of enrolment the bank requires
- When student pricing ends
- Included transactions and e-Transfers
- Branch and ATM access near your campus
Who should look elsewhere: If you are an international student, check whether you also qualify for a newcomer package, which can include extra perks.
Options we list (4)
Listed alphabetically, not ranked. Placement is not affected by compensation. Confirm current terms with each provider.
Scotiabank
Preferred Package for Students and Youth
A chequing account without monthly fees for people under 25 or enrolled full-time at a Canadian or U.S. post-secondary institution.
- Monthly fee
- $0
- Transactions included
- Unlimited
RBC Royal Bank
RBC Advantage Banking for students
A student chequing account with no monthly fee and unlimited debits.
- Monthly fee
- $0 for full-time students
- Transfers
- Free Interac e-Transfer transactions
- Card rebate
- Up to $48 rebate on an eligible credit card annual fee
TD Canada Trust
TD Student Chequing Account
TD's chequing account for students.
- Monthly fee
- $0
- Transactions included
- Unlimited
- Minimum balance
- None
Side-by-side comparisons
General information, not personalized financial advice.