Financial Product Reviews

Innovation's No-Fee Bank Account is a top-notch no fee account that offers features and benefits not commonly associated with chequing accounts. This chequing account from Saskatchewan-based Innovation Federal Credit Union is a strong contender in the free chequing account sphere, with cross-country availability (except for Quebec).

The TD Unlimited Chequing Account lives up to its name, offering unlimited transactions and unlimited Interac e-Transfers. At $17.95 per month, it’s a mid-tier bank account that comes with plenty of value, including a generous welcome bonus and the option to receive a first-year annual fee rebate on several TD credit cards—perfect if you like keeping your financial products all at one institution.

Chexy lets you pay your rent, bills, and taxes with your credit card, earning rewards without changing how your landlord or payees get paid. To pay rent with Chexy, all you need to provide is your landlord's information and credit card details once, and then Chexy automatically charges your card and processes the payment via e-Transfer, Pre-Authorized Debit, or Bill Pay each month.

Using a Coast Capital Free Chequing, Free Debit, and More Account is a convenient way to support a local credit union that's working hard to offer top-tier products and services. Coast Capital is headquartered in Surrey B.C. and was the first full-service bank to offer a free chequing account over 10 years ago. It's also available to all Canadians except residents of Quebec.

The National Bank The Minimalist Chequing Account is a basic-level chequing account that provides clients with just enough features and transactions to cover the necessities. It's even free for children, students, and seniors – no extra services, points accumulation, or anything else necessary. This is a factor that sets it apart from most other similar accounts on the market.

If you're a newcomer to Canada, the National Bank Newcomer Banking Package is an excellent choice for getting started with your financial journey in your new country. It's available to all newcomers within 5 years of their arrival in Canada and can easily be opened online. In fact, the account can be opened up to 90 days before you even arrive in Canada, as long as the eligibility requirements are met.

A Meridian mortgage is a valuable option to consider for anyone refinancing their mortgage or buying a home – the Meridian Closed Fixed Mortgage in particular. You'll get the security and peace of mind that often comes with a fixed mortgage's locked-in rate, which can be held for 120 days after preapproval, and plenty of other conveniences.

The National Bank Modest Chequing Account is one of the more basic accounts offered by the National Bank, which gives you big bank security without a huge amount of bank fees. For a max of $10.95 each month (depending on your age and minimum), this chequing account will let you hold and spend your money with ease.

The National Bank High Interest Savings Account is a product from National Bank that clients can use for funds they won't need to use on a regular basis, and it comes with a special interest rate so those funds can grow. It provides much-needed security and trustworthiness for many customers.

If you're looking for a top-tier National Bank chequing account, complete with unlimited transactions, overdraft protection, and rebates for your credit card fees, the National Bank Total Chequing Account is the one you want. Account holders even have access to complimentary legal assistance via phone or videoconference, which includes help with estate planning.