Financial Product Reviews

The Canadian Western Bank Student Account provides "the ultimate no-hassle chequing account," giving students an easy way to manage their money without worrying about fees or limits. And this is really what student bank accounts are all about.

The Laurentian Bank Basic Account is a cost-effective option for those who don’t need too many transactions. For $4.00 per month, account holders can make 12 transactions including ATM withdrawals, bill payments, and debit transactions. The monthly fee is waived for RDSP beneficiaries and seniors receiving the Guaranteed Income Supplement (GIS).

The Canadian Western Bank Apex Account is a chequing account with a palatable fee with all you need in an everyday account. This will unlock access to unlimited transactions and Interac e-Transfers, as well as a way to waive the $14.25 monthly fee.

The Laurentian Bank Preferred Account offers an average banking solution for a monthly fee of $7.50. The monthly fee includes 20 transactions that cover a wide range of financial activities, making it advantageous for users with moderate banking needs.

The CIBC Everyday Chequing Account is a basic, no-frills account offering easy access to your funds at a low monthly fee–just $4.00 a month. This account also features easy access to a large and convenient ATM network, along with a wide array of services available at CIBC branches across the country – all perks of working with one of Canada's largest banks.

The TD Every Day Chequing Account offers unlimited free Interac e-Transfers, making it simple to send money anytime without worrying about extra charges. TD Bank also adds a little extra flavour by offering bonus Starbucks Rewards, a nice perk for coffee lovers who want to earn more with their day-to-day banking. For a monthly fee of just $11.95, which includes 25 transactions a month plus a seniors discount, this a good choice for your average banking needs.

Bank accounts for kids tend to be pretty bare bones, and pale in comparison with its "adult" counterparts. However, the National Bank Youth Bank Account doesn’t take that approach. It offers free unlimited transactions to youths under the age of 25 with no monthly fee, free access to over 3,000 ABMs, and much more.

The Laurentian Bank 65+ Plan is a very simple and straightforward chequing account designed for seniors who don't do much spending or who prefer to use cash to complete their transactions. While clearly a niche product for those over the age of 65+ living in Quebec, this account from one of the country's oldest banking institutions still has excellent value for its target clients.

The TD Student Chequing Account provides a budget-friendly banking solution for young people and full-time students. It comes with unlimited transactions, no monthly fees, and even a modest interest rate. New signups can get a welcome bonus of up to $125, along with discounts on trades through TD Direct Investing.

The Laurentian Bank Youth Plan is a chequing account created for children and teens under the age of 18. With no monthly fee, unlimited debit transactions, and access to a widespread network of ATMs, young Laurentian clients may find significant value in this account.