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From: BMO Bank of Montreal |
| Annual Interest Rate: | Less than $60000: 1.000% More than $60000: 2.500% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: None
Transaction Fee: $0.85
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: $1.00 per month
Bank Book: $1.00 per month
View Cheques Online: No cheques.
Cheque Image Return: No cheques. |
| Online: | Website: Click here |
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From: CIBC |
| Annual Interest Rate: | Less than $1000: 0.100% $1000 to $2999.99: 0.100% $3000 to $4999.99: 0.250% More than $5000: 0.400% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: None[1]
Transaction Fee: $1.25[2]
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: Free
View Cheques Online: Free
Cheque Image Return: $2.50 per month |
| Online: | Website: Click here |
1 2 free transactions per month if 60 or older. 2 Fee waived for those 18 and younger.
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From: CIBC |
| Annual Interest Rate: | Less than $5000: 0.100% More than $5000: 2.250% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: 1 per month
Transaction Fee: $5.00
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: Free
View Cheques Online: Free
Cheque Image Return: $2.50 per month |
| Online: | Website: Click here |
 |
From: ICICI Bank Canada |
| Annual Interest Rate: | 3.400% |
| Requirements: | Age Restriction: None
Other Restrictions: You must have a bank account at another institution that allows you to write cheques to "link" with this account. |
| Fees: | Free Transactions: None
Transaction Fee: $0.75[1]
Waived If: Never waived
Other Bank ABM Fee: $0.75
US/Mexico ABM Fee: $0.75
Foreign ABM Fee: $0.75
E-Mail Money Transfers: Not possible.
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Not possible.
Bank Book: Not possible.
View Cheques Online: No cheques.
Cheque Image Return: No cheques. |
| Online: | Website: Click here |
1 $1.50 for in-branch debit transactions. $10.00 to transfer money to another account if currency exchange is involved. $25.00 if it is not.
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From: ICICI Bank Canada |
| Annual Interest Rate: | 2.500% |
| Requirements: | Age Restriction: None
Other Restrictions: You must have a bank account at another institution that allows you to write cheques to "link" with this account. |
| Fees: | Free Transactions: None
Transaction Fee: $0.75[1]
Waived If: Never waived
Other Bank ABM Fee: $0.75
US/Mexico ABM Fee: $0.75
Foreign ABM Fee: $0.75
E-Mail Money Transfers: Not possible.
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Not possible.
Bank Book: Not possible.
View Cheques Online: No cheques.
Cheque Image Return: No cheques. |
| Online: | Website: Click here |
1 $1.50 for in-branch debit transactions. $10.00 to transfer money to another account if currency exchange is involved. $25.00 if it is not.
 |
From: ICICI Bank Canada |
| Annual Interest Rate: | 2.500% |
| Requirements: | Age Restriction: 18 years old or younger.
Other Restrictions: None |
| Fees: | Free Transactions: None
Transaction Fee: $0.75[1]
Waived If: Never waived
Other Bank ABM Fee: $0.75
US/Mexico ABM Fee: $0.75
Foreign ABM Fee: $0.75
E-Mail Money Transfers: $-1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Not possible.
Bank Book: Not possible.
View Cheques Online: No cheques.
Cheque Image Return: No cheques. |
| Online: | Website: Click here |
1 $10.00 to transfer money to another account if currency exchange is involved. $25.00 if it is not.
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From: ING Direct |
| Annual Interest Rate: | 3.000% |
| Requirements: | Age Restriction: None
Other Restrictions: You must have a bank account at another institution that allows you to write cheques to "link" with this account. |
| Fees: | Free Transactions: Unlimited
Transaction Fee: None
Waived If: Monthly balance of $0 or more maintained.
Other Bank ABM Fee: None[1]
US/Mexico ABM Fee: Not possible.
Foreign ABM Fee: Not possible.
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Not possible.
Bank Book: Not possible.
View Cheques Online: No cheques.
Cheque Image Return: No cheques. |
| Online: | Website: Click here |
1 In addition, ING Direct will pay the fee charged by non-ING ABMs for up to four ABM transactions per month.
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From: ING Direct |
| Annual Interest Rate: | 3.000% |
| Requirements: | Age Restriction: None
Other Restrictions: You must have a bank account at another institution that allows you to write cheques to "link" with this account. |
| Fees: | Free Transactions: Unlimited
Transaction Fee: None
Waived If: Monthly balance of $0 or more maintained.
Other Bank ABM Fee: None[1]
US/Mexico ABM Fee: Not possible.
Foreign ABM Fee: Not possible.
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Not possible.
Bank Book: Not possible.
View Cheques Online: No cheques.
Cheque Image Return: No cheques. |
| Online: | Website: Click here |
1 In addition, ING Direct will pay the fee charged by non-ING ABMs for up to four ABM transactions per month.
 |
From: Royal Bank |
| Annual Interest Rate: | 2.750% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: None
Transaction Fee: $5.00[1]
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: Not possible.
View Cheques Online: Free
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Transfers between this account and other RBC accounts in your name are free.
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From: Royal Bank |
| Annual Interest Rate: | 2.750% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: None
Transaction Fee: $5.00[1]
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: Not possible.
View Cheques Online: Free
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Transfers between this account and other RBC accounts in your name are free.
 |
From: Royal Bank |
| Annual Interest Rate: | Less than $5000: 0.000% $5000 to $9999.99: 0.200% $10000 to $24999.99: 0.400% $25000 to $59999.99: 0.500% $60000 to $99999.99: 1.000% More than $100000: 1.500% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: 1 per month
Transaction Fee: $1.00[1]
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: $2.00 per month
View Cheques Online: Free
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Cheques, transfers, withdrawals and in
 |
From: Royal Bank |
| Annual Interest Rate: | Less than $1000: 0.100% $1000 to $2999.99: 0.100% $3000 to $4999.99: 0.250% More than $5000: 0.400% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: 1 per month
Transaction Fee: $1.00[1]
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: $2.00 per month
View Cheques Online: Free
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Cheques, transfers, withdrawals and in
 |
From: Royal Bank |
| Annual Interest Rate: | Less than $1000: 0.100% $1000 to $2999.99: 0.100% $3000 to $4999.99: 0.250% More than $5000: 0.400% |
| Requirements: | Age Restriction: 18 years old or younger.
Other Restrictions: None |
| Fees: | Free Transactions: 15 per month
Transaction Fee: $0.50
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: Free
View Cheques Online: Free
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
 |
From: Scotiabank |
| Annual Interest Rate: | Less than $5000: 0.025% $5000 to $9999.99: 0.050% $10000 to $24999.99: 0.100% $25000 to $59999.99: 0.200% $60000 to $74999.99: 0.400% More than $75000: 0.500% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: 2 per month
Transaction Fee: $1.25
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: $1.50 per month[2]
View Cheques Online: $1.50 per month[1]
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Free if using paperless record keeping. 2 Waived if you keep at least $500 in your account every day of the month.
 |
From: Scotiabank |
| Annual Interest Rate: | 2.250% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: 2 per month
Transaction Fee: $5.00[1]
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: $2.00 per month
Bank Book: Not possible.
View Cheques Online: No cheques.
Cheque Image Return: No cheques. |
| Online: | Website: Click here |
1 Transfers between this account and other Scotia accounts are free.
 |
From: Scotiabank |
| Annual Interest Rate: | 0.100% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: None
Transaction Fee: $0.85
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: $1.50 per month[1]
View Cheques Online: $1.50 per month
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Waived if you keep at least $500 in your account every day of the month.
 |
From: Scotiabank |
| Annual Interest Rate: | 0.100% |
| Requirements: | Age Restriction: 18 years old or younger.
Other Restrictions: None |
| Fees: | Free Transactions: 20 per month
Transaction Fee: $0.65
Waived If: Never waived
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: Free
View Cheques Online: $1.50 per month
Cheque Image Return: Free |
| Online: | Website: Click here |
 |
From: TD Canada Trust |
| Annual Interest Rate: | Less than $5000: 0.050% More than $5000: 0.250% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: 2 per month
Transaction Fee: $1.25
Waived If: Monthly balance of $25000 or more maintained.
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: $2.25 per month
Bank Book: $2.25 per month
View Cheques Online: $1.50 per month[1]
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Free if using paperless record keeping.
 |
From: TD Canada Trust |
| Annual Interest Rate: | Less than $5000: 0.050% More than $5000: 0.250% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: 2 per month
Transaction Fee: $1.25
Waived If: Monthly balance of $25000 or more maintained.
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: $2.25 per month
Bank Book: $2.25 per month
View Cheques Online: $1.50 per month[1]
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Free if using paperless record keeping.
 |
From: TD Canada Trust |
| Annual Interest Rate: | Less than $5000: 0.000% More than $5000: 2.250% |
| Requirements: | Age Restriction: None
Other Restrictions: None |
| Fees: | Free Transactions: 1 per month
Transaction Fee: $5.00
Waived If: Monthly balance of $25000 or more maintained.
Other Bank ABM Fee: $5.00
US/Mexico ABM Fee: $5.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: Free
View Cheques Online: $1.50 per month[1]
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Free if using paperless record keeping.
 |
From: TD Canada Trust |
| Annual Interest Rate: | Less than $5000: 0.050% More than $5000: 0.250% |
| Requirements: | Age Restriction: 18 years old or younger.
Other Restrictions: None |
| Fees: | Free Transactions: Unlimited
Transaction Fee: None
Waived If: Monthly balance of $0 or more maintained.
Other Bank ABM Fee: $1.50
US/Mexico ABM Fee: $3.00
Foreign ABM Fee: $5.00
E-Mail Money Transfers: $1.50
Personal Cheques: |
| Record Keeping: | Paperless: Free
Monthly Statement: Free
Bank Book: Free
View Cheques Online: $1.50 per month[1]
Cheque Image Return: $2.00 per month |
| Online: | Website: Click here |
1 Free if using paperless record keeping.
|