Free Canadian chequing accounts with no minimum balance

	A	B	C	D	E	F	G	H	I	J	K	L	M	N
1	Account name	Organization	Type of Organization	Parent Company (if applicable)	Scope	Residency Limitation(s)	Electronic Account Opening for NTB Customers/Members	Cheques	Surcharge-free ATM Network(s)	Perks	Drawbacks	Additional notes	Discussion link	Product link

2	1Q Chequing	1Q	Branch of a chartered bank, trust, or loan company	KEB Hana Bank of Canada	Canada	Canada	Yes	Unlimited orders of 1Q branded cheques available at below market cost of $7.96+GST/HST per order	The Exchange	- Free & unlimited in-branch transactions - Free & unlimited 1Q INSTA (e-mail money) transfers - Balance earns deposit interest at a tiered rate of between 0.15-0.25%				https://www.1qbank.ca/ca/ib/pu/getProductInfoList
3	The Unfee Package	Cambrian Credit Union	Provincial credit union		Manitoba	Manitoba	No	Available at standard cost	Acculink	$1.00 credit to the accountholder's primary chequing account with enrollment in online statements	Requires recurring payroll or pension direct deposit for the account's monthly & transaction fees to be refunded (NOTE: This drawback might not warrant its inclusion in this list)		No Fee Bank Account: Unfee \| Achieva Financial \| Discussion forum	https://www.cambrian.mb.ca/personal/daily-banking/the-unfee
4	Free Chequing, Free Debit and More Account	Coast Capital Savings Federal Credit Union	Federal credit union		British Columbia, specifically to residents of the Lower Mainland, Vancouver Island and Central Okanagan regions	Canada	Yes	Available at standard cost	Acculink + The Exchange	- Free & unlimited in-branch transactions	- Bank-to-bank transfers are not yet available	- Note that Coast Capital Savings was continued as a federal credit union effective November 1, 2018 - Although they are no longer dictated by provincial legislation and/or regulation of provincial residency requirements, they are not yet soliciting new business outside of British Columbia	http://www.highinterestsavings.ca/forum/general-comparisons/remaining-zero-fee-chequing-accounts-in-canada/	https://www.coastcapitalsavings.com/day-to-day-banking/chequing-accounts
5	No-Fee Account	Conexus Credit Union	Provincial credit union		Saskatchewan	Saskatchewan	No	Available at standard cost	Acculink	- Free & unlimited in-branch transactions - Thirty (30) free outgoing Interac e-Transfers per month		- Formerly known as the FreeStyle No-Fee Account - Interac e-Transfers appear to subject to standard transaction fees now - New accounts can be started online using OpenAnywhere technology but appear to require finalization in-branch		https://www.conexus.ca/Personal/Banking/Chequing/FindAccount/
6	No Fee eChequing Account	CS Alterna Bank	Chartered bank	Alterna Savings and Credit Union	Canada	Canada	Yes	Available at standard cost	Acculink + The Exchange	- Free Interac e-Transfers		Wholly-owned subsidiary of Alterna Savings & Credit Union where branches can assist, but not process transactions of, CS Alterna Bank customers with their Bank account(s)	https://www.highinterestsavings.ca/forum/alterna-bank/	https://www.alternabank.ca/Personal/EverydayBanking/Accounts/eChequing/
7	Personal Account	EQ Bank	Branch of a chartered bank, trust, or loan company	Equitable Bank	Canada	Canada	Yes	No	Interac	- Free Interac e-Transfers - Free & unlimited ATM owner surcharge rebates from any Interac ATM in Canada	- Cheque writing privileges are not permitted on the account - ATM deposit access is not available		https://www.highinterestsavings.ca/forum/eq-bank/	https://www.eqbank.ca/personal-banking/personal-account
8	No-Fee Bank Account	Innovation Federal Credit Union	Federal credit union		Saskatchewan	Canada	Yes	Available at standard cost	Acculink	- Free Interac e-Transfers - Free & unlimited in-branch transactions		- Formerly known as the FreeStyle No-Fee Account - Subsequent former name was the No-Fee Account - New accounts can be opened entirely online using OpenAnywhere technology		https://www.innovationcu.ca/Personal/MemberValue/NoFeeAccount/
9	No Fee Chequing Account	Simplii Financial	Branch of a chartered bank, trust, or loan company	Canadian Imperial Bank of Commerce	Canada (excluding Quebec residents)	Canada	Yes	Free and unlimited	CIBC	- Free, unlimited supply of cheques - Free Interac e-Transfers		- Banking service was formerly branded as PC Financial - Chequing account was formerly known as the No Fee Bank Account	https://www.highinterestsavings.ca/forum/simplii-financial/	https://www.simplii.com/en/bank-accounts/no-fee-chequing.html
10	Tangerine Chequing Account	Tangerine Bank	Chartered bank	The Bank of Nova Scotia	Canada	Canada	Yes	Free, 1st book of cheques only (50 cheque leaves). Addt'l. books of 50 leaves avail. for $20 ea.	Scotiabank + Global ATM Alliance	- Free e-mail money transfers (not instant nor done through Interac, but rather through the EFT system)		- Formerly known as ING Bank of Canada prior to its relaunch in April 2014 as Tangerine Bank - Chequing account was formerly known as the THRiVE Chequing Account	https://www.highinterestsavings.ca/forum/tangerine-bank/	https://www.tangerine.ca/en/products/spending/chequing-account/index.html
11	Wealthsimple Chequing Account	Wealthsimple	Payments Canada member	Majority-owned by Great-West Lifeco Incorporated and Power Corporation	Canada	Canada	Yes	Free and unlimited	Interac	- Free Interac e-Transfers - Free & unlimited ATM owner surcharge rebates from any Interac ATM in Canada - Free, unlimited supply of cheques - Premium interest rate on deposit balances - Cash back rewards on purchases		Deposits are held in a pooled trust account of multiple CDIC member institutions, allowing for up to $1 million in CDIC insurance per depositor		https://www.wealthsimple.com/en-ca/chequing
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99