Select Page

Best Chequing Accounts in Canada

Compare & Find the best chequing accounts for your needs.

Best Chequing Accounts in Canada

Best Unlimited Chequing Account

Unlimited

Monthly Transactions

No Minimum

Minimum Balance to avoid fee

-

Monthly Fee

Best No-Fee Chequing Account

Unlimited

Monthly Transactions

No Minimum

Minimum Balance to avoid fee

$0.00

Monthly Fee

Best Interest Paying Chequing Account

Unlimited

Monthly Transactions

No Minimum

Minimum Balance to avoid fee

$0.00

Monthly Fee

Best Student Chequing Account

12

Monthly Transactions

$2,000

Minimum Balance to avoid fee

-

Monthly Fee

Compare and Find the Best Chequing Accounts in Canada

A Chequing Account is a safe and convenient place to keep your money for everyday use. It is important to consider banking fees and charges before opening a bank account. Compare and find the best chequing account in Canada for your daily banking needs.

Find the Best Chequing account in Canada

Most Canadians require a bank account to store their money in a safe place. There are so many banks and financial institutions offering chequing accounts, here are some factors to help you find the best chequing account that suits your requirements.

Almost all banks offer a no monthly fee chequing account. Look for hidden charges, as some banks require an average minimum balance maintained to waive off the monthly fees.

Evaluate your banking activities, if you make a lot of cheque deposits you may want to consider an account with mobile deposit technology that allows you to deposit cheques via a smartphone app. Perhaps you need a chequing account with unlimited transactions, but don’t mind a small monthly fee.

What features should I look for in a chequing account?

Below are some of the most important features to look for in a chequing account.

  • ATM banking
  • Personal Cheques
  • No or Low Monthly Fees
  • Branch, Online or Telephone Banking
  • Mobile banking through Smartphone
  • Send/receive money through Interac e-transfer®
  • Overdraft Protection
  • Online Bill Payments

Find the Best No Fee Chequing accounts in Canada 

It is important to consider banking fees and charges before opening a bank account. Click here for a detailed explanation of Chequing Account Fees to help you compare and choose the right option.

Find the best no fee chequing account in Canada offered by institutions like Tangerine, Scotiabank, PC Financial and Parama Credit Union. Some banks even require a minimum balance be maintained on the account to avail of the no monthly fee option.

    Chequing Account  with Unlimited Transactions

    A feature that surely attracts consumers is a chequing account with unlimited transactions because regardless of the fixed monthly fee, you can make endless transactions on the chequing account. Most major banks offer such accounts, but there is usually a monthly fee that is applied. This certainly gives users peace of mind allowing them to use their chequing account to its fullest. Compare chequing accounts and find Canada’s most popular bank accounts that save you money.

    motusbank Banking and Savings Accounts

    motusbank Banking and Savings Accounts

    The fastest growing credit union in Canada is MotusBank. This new digital bank is a subsidiary of Meridian. Since April of 2019, the bank has been accepting applications. It is a fully digital bank that will compete against more established digital banks such as Tangerine.
    How does a Student Account Work?

    How does a Student Account Work?

    Student accounts are provided by all major banks in Canada with specific services and facilities. Banks also see this as an opportunity to improve their client base and ‘catch them young’. Opening and maintaining the account is a simple process in Canada. The savings...

    How to Save money with TFSA?

    How to Save money with TFSA?

            Save money with a TFSA - Tax-Free Savings Account If you are a Canadian resident willing to make some tax free investments then Tax Free Savings Account(TFSA) is just for you. It’s a Canadian government initiative started in 2009. The main idea is to give some...

    Children’s Bank Accounts – Your Guide

    Children’s Bank Accounts – Your Guide

    Children’s bank accounts are an excellent way to prepare for your child’s future. But what are the options when it comes to the accounts? What sort of variants should be reviewed before making a decision regarding what children’s account to open? At first glance, children’s bank accounts may seem perfect, but there are various factors at play. We will review a few major factors that play a role in the usefulness and effectiveness of a children’s bank account.