Free Canadian chequing accounts with no minimum balance


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	Daylight No-Fee Banking Bundle	DUCA Financial Services Credit Union	Provincial credit union		Ontario	Ontario	Yes	Available at standard cost	Acculink + The Exchange	- Free & unlimited in-branch transactions		- New accounts can be opened entirely online using proprietary technology - Appears to have eliminated an annual membership fee of $5.00 that was charged to the accountholder's primary chequing account and was previously noted as a potential "drawback"		https://www.duca.com/personal/banking/no-fee-chequing-accounts/the-daylight-no-fee-banking-bundle/
8	Simply Free Account	Envision Financial	Regional brand of a provincial credit union	First West Credit Union	British Columbia, specifically to residents of the Lower Mainland and Sunshine Coast regions	British Columbia	Yes	Free, 1st book of cheques only (approx. 25 cheque leaves). Addt'l. books available at standard cost	Acculink + The Exchange	- Free Interac e-Transfers - Free & unlimited in-branch transactions	- Bank-to-bank transfers cost $1.00 ea.		http://www.highinterestsavings.ca/forum/general-financial-discussion/new-free-unlimited-chequing-account-product-simply-free-account/	https://www.envisionfinancial.ca/Personal/Bank/ChequingAccounts/SimplyFree/
9	Be FREE Chequing Plan	FirstOntario Credit Union	Provincial credit union		Ontario	Ontario	Yes	Free, 1st book of cheques only (approx. 25 cheque leaves). Addt'l. books available at standard cost	Acculink + The Exchange	- Free & unlimited in-branch transactions				https://www.firstontario.com/personal/banking/chequing-accounts/be-free-chequing-plan
10	No-Fee Bank Account	Innovation Credit Union	Provincial 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/
11	Simply Free Account	Island Savings	Regional brand of a provincial credit union	First West Credit Union	British Columbia, specifically to residents of the Vancouver Island region	British Columbia	Yes	Free, 1st book of cheques only (approx. 25 cheque leaves). Addt'l. books available at standard cost	Acculink + The Exchange	- Free Interac e-Transfers - Free & unlimited in-branch transactions	- Bank-to-bank transfers cost $1.00 ea.		http://www.highinterestsavings.ca/forum/general-financial-discussion/new-free-unlimited-chequing-account-product-simply-free-account/	https://www.islandsavings.ca/Personal/Bank/ChequingAccounts/SimplyFree/
12	Motive Chequing	Motive Financial	Branch of a chartered bank, trust, or loan company	Canadian Western Bank	Canada (excluding Quebec residents)	Canada	Yes	Free, 1st book of cheques only (50 cheque leaves). Addt'l. books available at standard cost	The Exchange			- Banking service was formerly branded as Canadian Direct Financial - Chequing account was formerly known as the KeyDirect Chequing Account	https://www.highinterestsavings.ca/forum/motive-financial/	https://www.motivefinancial.com/Accounts/ChequingAccount/
13	Motive Cha-Ching Chequing Account	Motive Financial	Branch of a chartered bank, trust, or loan company	Canadian Western Bank	Canada (excluding Quebec residents)	Canada	Yes	Free, 1st book of cheques only (50 cheque leaves). Addt'l. books available at standard cost	The Exchange	- Free Interac e-Transfers - 2 free Interac ATM withdrawals per month (ATM owner surcharges still apply)		- Banking service was formerly branded as Canadian Direct Financial	https://www.highinterestsavings.ca/forum/motive-financial/	https://www.motivefinancial.com/Accounts/ChaChingAccount/
14	No-fee Chequing Account	Motus Bank	Chartered bank	Meridian Credit Union	Canada (excluding Quebec residents)	Canada	Yes	Free, 1st book of cheques only (25 cheque leaves). Addt'l. books available at standard cost	The Exchange	- Free Interac e-Transfers	- Does not offer immediate access to a portion of one's ATM, mobile cheque, or external EFT deposits initiated from Motus Bank as does not offer "access to deposited funds"/"hold release" limits		https://www.highinterestsavings.ca/forum/motusbank/	https://www.motusbank.ca/Accounts/Chequing
15	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
16	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
17	Simply Free Account	Valley First	Regional brand of a provincial credit union	First West Credit Union	British Columbia, specifically to residents of the Southern Interior region	British Columbia	Yes	Free, 1st book of cheques only (approx. 25 cheque leaves). Addt'l. books available at standard cost	Acculink + The Exchange	- Free Interac e-Transfers - Free & unlimited in-branch transactions			http://www.highinterestsavings.ca/forum/general-financial-discussion/new-free-unlimited-chequing-account-product-simply-free-account/	https://www.valleyfirst.com/Personal/Bank/ChequingAccounts/SimplyFree/