Best Chequing Accounts in Canada
Compare the top chequing accounts. Unlimited transactions, free e-Transfers, best fee structures and bonuses.
53 accounts
NBC The Total Chequing Account
Monthly Fee
$28.95
Interest Rate
—
National Bank Chequing Account for Newcomers
Monthly Fee
$0
Interest Rate
—
National Bank Chequing Account - The Minimalist
Monthly Fee
$3.95
Interest Rate
—
NBC The Connected Chequing Account
Monthly Fee
$15.95
Interest Rate
—
National Bank Chequing Account for Engineering Professionals
Monthly Fee
$12.95
Interest Rate
—
National Bank Checking Account for Nursing Professionals
Monthly Fee
$12.95
Interest Rate
—
National Bank Chequing Account for Health Professionals
Monthly Fee
$12.95
Interest Rate
—
National Bank Chequing Account for Healthcare Professionals
Monthly Fee
$12.95
Interest Rate
—
National Bank Checking Account for Legal and Business Professionals
Monthly Fee
$12.95
Interest Rate
—
National Bank Checking Account for Administration Professionals
Monthly Fee
$12.95
Interest Rate
—
Scotiabank Ultimate Package Chequing Account
Monthly Fee
$30.95
Interest Rate
—
Scotiabank Preferred Package Chequing Account
Monthly Fee
$16.95
Interest Rate
—
Scotiabank Preferred Package for Students and Youth
Monthly Fee
$0
Interest Rate
—
BMO Performance Chequing Account - Canadian Defence Banking Services
Monthly Fee
$0
Interest Rate
—
BMO Performance Chequing Account for Newcomers
Monthly Fee
$17.95
Interest Rate
—
BMO Premium Chequing Account
Monthly Fee
$30.95
Interest Rate
—
BMO Performance Student Chequing Account
Monthly Fee
$0
Interest Rate
—
BMO Performance Chequing Account
Monthly Fee
$17.95
Interest Rate
—
BMO Plus Checking Account
Monthly Fee
$11.95
Interest Rate
—
RBC Current Banking Package
Monthly Fee
$4
Interest Rate
—
RBC VIP Banking Package
Monthly Fee
$30
Interest Rate
—
RBC Advantage Banking Package
Monthly Fee
$12.95
Interest Rate
—
RBC Signature No Limit Banking Account
Monthly Fee
$16.95
Interest Rate
—
TD Student chequing account
Monthly Fee
$0
Interest Rate
—
TD All-Inclusive Banking Plan
Monthly Fee
$30.95
Interest Rate
—
TD Unlimited Chequing Account
Monthly Fee
$17.95
Interest Rate
—
CIBC Smart Chequing Account
Monthly Fee
$16.95
Interest Rate
—
CIBC Smart Account for Newcomers
Monthly Fee
$0
Interest Rate
—
EQ Bank Personal Account
Monthly Fee
$0
Interest Rate
—
EQ Bank Joint Account
Monthly Fee
$0
Interest Rate
—
Tangerine No-Fee Daily Chequing Account
Monthly Fee
$0
Interest Rate
—
Simplii Financial No Fee Chequing Account
Monthly Fee
$0
Interest Rate
—
Wealthsimple Chequing Account
Monthly Fee
$0
Interest Rate
—
Complete Guide
Best Chequing Accounts in Canada
Finding the Right Chequing Account
Your chequing account is the hub of your daily finances. The best chequing accounts in Canada offer unlimited transactions, free Interac e-Transfers, a large ATM network, and ideally no monthly fee. Some premium accounts ($15–30/month) bundle extras like free cheques, safety deposit boxes, and credit card fee waivers.
Digital vs Traditional Banks
Digital banks (Tangerine, EQ Bank, Simplii) typically offer free accounts with full features. Traditional banks (TD, RBC, BMO) offer more branch access and in-person service but charge monthly fees unless you maintain a minimum balance.
FAQ
Frequently Asked Questions
1What’s the best chequing account in Canada?
For no-fee: Tangerine No-Fee Chequing or Simplii Financial. For premium features: TD All-Inclusive or RBC VIP Banking. It depends on whether you prioritize cost or features.
2How many transactions per month do I need?
Most Canadians make 20-40 transactions/month. If you use debit for everyday purchases, choose an account with unlimited transactions to avoid per-transaction fees.
Browse other categories
No Fee Bank Accounts
High-Interest Savings Accounts
Student Bank Accounts
Bank Accounts for Newcomers to Canada
Unlimited Transaction Bank Accounts
TD Bank Accounts
RBC Bank Accounts
BMO Bank Accounts
CIBC Bank Accounts
Scotiabank Accounts
Desjardins Accounts
Tangerine Bank Accounts
EQ Bank Accounts
National Bank Accounts