Which bank offers the cheapest tariffs for opening a basic account15.12.2020

Bankchart.ca has reviewed the tariffs for the cash and settlement services offered to basic accounts. Our website's analysts have studied the offers from all Canadian banks, which place rates on their websites. Review date - 15.12.2020

As of 07 December 2020 the services under review have been offered by 18 banks.   The total number of offers meeting the foregoing terms - 53.

The following values are customary in the market of the cash and settlement services for basic accounts:

  • the average cost of opening an account - $ 0,00

  • the average cost of monthly servicing - $ 7,91

  • the average interest accrued on the account balance - 0,04 % p.a.

The table below shows the best offers by each bank selected by Bankchart.ca (in terms of monthly service cost).

The TOP-18 best programs of the cash and settlement services for personal in Canada as of 07 December 2020

#

Name

Monthly fee

1

0,01

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

interest paid

0,01 %

2

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

3

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 1,00

4

0,05

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

interest paid

0,05 %

5

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

6

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

7

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

8

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 2 500,00

9

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

10

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

11

0,15

monthly fee

one time fee

$ 0,00

min. balance

$ 2 500,01

interest paid

0,15 %

12

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

13

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

14

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

15

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

16

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

17

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 1 000,00

18

0,00

monthly fee

one time fee

$ 0,00

min. balance

$ 0,00

To view the up-to-date rating of the cash and settlement services for high interest saving accounts, basic at our website, click here.

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