Chequing account offers include cash rewards, gift cards, waived fees, merchandise and more. To earn the introductory promotion, you may need to complete qualifying account activities.

Choose the best chequing account that includes all the services, savings on the monthly account fees, and provides convenience for your everyday banking needs.

Canada’s best no-fee chequing accounts are free chequing accounts that can help you save money, earn rewards and manage your day-to-day expenses.

A chequing account is a bank account for everyday expenses, day-to-day transactions, withdrawals and deposits. They are “transactional” accounts.

A savings account is a bank account that lets you store your money securely while typically earning interest. They are best for short-term financial goals.

Common things that banks charge fees for include transaction fees, insufficient funds and overdrafts, wire payments, and out-of-network ATM use.

You can open an account at a Canadian bank or credit union in person or online. You need to be aged 17 or older and have two forms of identification.

Learn about how to write a cheque, how to use cheques, and alternatives to cheques such as online payments, credit cards, direct deposit and more.

Getting paid by direct deposit is fast and easy. It’s a secure way to get your paycheque, tax refund, government benefits, and employment insurance.

The steps and qualification requirements to borrow money from a bank will vary depending on your financial profile and the type of loan you want.

When member financial institutions fail, the Canada Deposit Insurance Corporation (CDIC) covers up to $100,000 per account in the form of free insurance.

Compound interest makes your money grow faster than simple interest. It is the interest earned on money that has already earned interest.

A non-sufficient fund (NSF) fee is charged when your account becomes overdrawn. Canada’s Big Six banks typically charge between $45 to $48.