• Best No Fee Chequing Accounts in Canada

    Below we have ranked the absolute best no fee chequing accounts in Canada. Only a few of Canada's banks provide a true no fee chequing account for Canadians, other banks require that you meet a minimum balance each month, or sign up for multiple products to qualify for free chequing. Banks such Tangerine as offer a true free daily chequing account, whereas other major banks like RBC, CIBC, Scotiabank, BMO and TD Canada Trust have some requirements Canadians must meet to qualify for a no fee daily chequing account.

    Tangerine No Fee Daily Chequing Account

    This truly free chequing account offered by Tangerine Bank is currently the best no gimmick, no fee bank accounts offered in Canada. Tangerine is a very popular bank in Canada, formerly ING and has built its reputation on offering simple to use bank accounts that are free and easy. This chequing account offers unlimited transactions, ability to use the Scotiabank ATM network for free, Depositing of cheques using a smart phone, and even pays some decent interest on balances in your chequing account which almost no other bank is currently doing. Full Tangerine No Fee Chequing Account Review

    TD Canada All Inclusive Free Chequing Accounts

    TD Canada Trust offers 4 different no fee chequing accounts for Canadians. These accounts do require minimum balances between $2,000-$5,0000 to avoid the fees attached to each account. If you don't meet the minimum balance in a given month you will be charged the monthly fee. These accounts really do offer the most features compared to any other bank. Free safety deposit boxes, certified cheques, e-transfers, rebates on credit cards, and so much more. Depending on how much banking you need to do TD has a chequing account with no fee for you. Full TD Canada Trust No Fee Chequing Accounts Reviewed

    RBC Unlimited No Fee Chequing Account Canada

    RBC
    offers Canadians two daily chequing accounts where you can qualify to have the monthly fee waived if you are also enrolled in additional RBC financial products. For instance, if you enroll for a RBC Visa Card, Mortgage, Line of Credit, or most Investment products you will have the fee waived for the chequing account of your choice. The normal fee for the RBC No Limit Chequing account is normally $10.95 for those who are not enrolled in two eligible products. With this account clients can process unlimited transaction online and at RBC machines absolutely free. Full RBC No Limit Chequing Account Reviews

    BMO Performance No Fee Unlimited Chequing Account Canada

    BMO (Bank of Montreal) offers three types of chequing accounts that Canadians can use with no fees, but you must maintain a monthly minimum balance. Minimum balances range from $3,000-$6,000. These accounts are packed with great value similar to TD Banks accounts. The BMO Performance plan offers unlimited transactions and even a free Non-BMO bank machine transaction every month. BMO is partnered with Air Miles and some accounts even award Air Miles based debit transactions. BMO is in our opinion one of the best options for Canadian who bank a lot and would like to avoid fees. If you don't meet the minimum monthly balance limit at BMO, account fee's range from $10.95 to $30.00 Full BMO No Fee Chequing Account Reviews

    Scotia One Unlimited No Fee Chequing Account Canada

    Scotiabank offers two chequing accounts to Canadians that are free if you meet the monthly minimum balance of $3,000-$4,000. The Scotia One Unlimited Chequing account is a great no fee chequing account option. The fee for this account is normally $13.95 but this fee is waived for clients with an average monthly balance of $4,000. Scotia also offer a basic banking plan that offers lots of transactions at a lower monthly minimum balance. The great thing about the Scotia Bank chequing accounts is that they come with a few different loyalty program options like Travel Rewards and Scene Reward Points that you earn for just banking like you normally do. Full Scotia Bank No Fee Chequing Reviews
  • Questrade RRSP & TFSA

    Questrade is a Canadian online brokerage that allows you to manage your own RRSP or TFSA and invest in everything from Stocks to Mutual Funds to Foreign Currency. Register using our link and receive $50 in free trades.