Bank Accounts
Bank accounts and their charges
Canadian personal chequing and savings accounts (including high-interest savings) and their published charges, captured institution-direct from each institution's own published product pages and fee schedules. Published figures only; a field is null where the institution did not publish that charge on the pages reached. Nothing is estimated.
112 accounts at 18 institutions are held, of 21 institutions attempted. The institutions with no rows, and the reasons, are named on the bank accounts coverage page. A charge shown as not in the published capture means the institution did not publish that charge on the pages reached; it does not mean the charge is zero.
| Institution | Accounts captured | Types |
|---|---|---|
| ATB Financial | 8 | chequing, hisa, savings |
| Alterna Bank | 13 | chequing, hisa, savings |
| BMO | 8 | chequing, hisa, savings |
| CIBC | 6 | chequing, hisa, savings |
| Coast Capital Savings | 7 | chequing, hisa |
| Conexus Credit Union | 2 | chequing, savings |
| EQ Bank | 3 | chequing, hisa |
| KOHO | 3 | chequing |
| National Bank of Canada | 8 | chequing, hisa, savings |
| Neo Financial | 4 | chequing, hisa |
| Oaken Financial | 4 | hisa, savings |
| RBC | 8 | chequing, hisa, savings |
| Scotiabank | 11 | chequing, hisa, savings |
| Simplii Financial | 3 | chequing, hisa, savings |
| TD | 8 | chequing, hisa, savings |
| Tangerine | 6 | chequing, savings |
| Vancity | 8 | chequing, hisa, savings |
| Wealthsimple | 2 | chequing, savings |
The five charges that decide what an account costs
An account's price is decided by five lines on its card, and the rest of the fee schedule is weather. The monthly fee is the rent. The fee waiver minimum balance is the rent in disguise, because money parked in a chequing account to waive a fee earns that account's own rate instead of the best savings rate in this record, and the difference is a charge by another name. The excess transaction fee prices a busy month, and it is the line that separates accounts that merely look free from accounts that are free at a real household's volume. The Interac e-Transfer fee prices the way Canadians actually move money now, and the NSF fee, charged when a payment bounces, is the most expensive line on most schedules and the one nobody reads until it has been charged. Compare those five lines first on any two accounts and the comparison is usually already decided.
What an account costs over a year, at a stated pattern of use
The cards below print charges one at a time, which is how institutions publish them and not how households pay them. The yearly cost comparison page models every account whose published fields support it at three stated patterns of use, with the method and every parsed input printed, so the five charges above can be read as one annual figure per account.
Captured 2026-11-15, institution-direct from each institution's own published product pages and fee schedules.