Personal Chequing Accounts

Personal Chequing Accounts

A chequing account offers easy access to your money for your daily transactional needs and helps keep your cash secure.
By owning an account, you can use a debit card or cheques to make purchases or pay bills, or make online transactions, like paying your credit card balances.

It usually has lower transaction fees than a savings account, but you might have to pay a monthly service fee.
Some accounts offer an option to avoid the monthly fee by keeping a certain amount in your daily balance.

Most chequing accounts do not earn interest, and even those that do typically earn less than a savings account at the same financial institution.

Some banks offer no monthly fee accounts for students, youth and seniors.
Please make sure to check on the filters on the left side of the "Explore" page, to expand those options.

The online, direct banks do not charge a monthly fee and even do not charge a fee for most of the transactions.
Still, traditional banks offer in-person expertise and customer service from trained bankers.
Plus, an online bank can't notarize your documents, issue Certified Cheques or Bank Drafts in a timely manner, or make changes for you.