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Ranking · Updated July 2026

Best Chequing Accounts in Canada 2026

Compare the top chequing accounts in Canada. Unlimited transactions, free Interac e-Transfers, no-fee options, and welcome bonuses.

6
accounts
Best for: Unlimited transactions
BMO
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BMO Performance Chequing Account

BMO · chequing

The BMO Performance Chequing Account costs $18/month but the fee is waived with a $4,000 minimum balance. It offers unlimited transactions. Current offer: Up to a $800 cash bonus*.

Unlimited transactionsSpecial offer
Monthly fee
$18

Waived at $4,000

Regular rate
—
Promo rate
—
Transactions
Unlimited

Pros

  • Fee waived with $4,000 minimum balance
  • Unlimited transactions
  • Free e-statements
  • Current welcome offer

Cons

  • High monthly fee ($18)
Best for: Unlimited transactions
Scotiabank
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Scotiabank Ultimate Package Chequing Account

Scotiabank · chequing

The Scotiabank Ultimate Package Chequing Account costs $31/month but the fee is waived with a $6,000 minimum balance. It offers unlimited transactions. Current offer: Up to $700 welcome bonus.

Unlimited transactionsSpecial offer
Monthly fee
$31

Waived at $6,000

Regular rate
—
Promo rate
—
Transactions
Unlimited

Pros

  • Fee waived with $6,000 minimum balance
  • Unlimited transactions
  • Free e-statements
  • Current welcome offer

Cons

  • High monthly fee ($31)
Best for: No monthly fee
EQ Bank
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EQ Bank Personal Account

EQ Bank · chequing

The EQ Bank Personal Account has no monthly fee, making it risk-free to hold. It offers unlimited transactions. Current offer: Up to 2.75% interest*.

No feeUnlimited transactionsSpecial offer
Monthly fee
$0
Regular rate
—
Promo rate
—
Transactions
Unlimited

Pros

  • No monthly fee
  • Unlimited transactions
  • Free e-statements
  • Current welcome offer

Cons

  • Few premium perks
Best for: No monthly fee
Neo Financial
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Neo Everyday Account

Neo Financial · chequing

The Neo Everyday Account has no monthly fee, making it risk-free to hold.

No fee
Monthly fee
$0
Regular rate
—
Promo rate
—
Transactions
—

Pros

  • No monthly fee

Cons

  • Capped transactions
Best for: No monthly fee
Wealthsimple
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Wealthsimple Chequing Account

Wealthsimple · chequing

The Wealthsimple Chequing Account has no monthly fee, making it risk-free to hold. It offers unlimited transactions. Current offer: $25 cash back.

No feeUnlimited transactionsSpecial offer
Monthly fee
$0
Regular rate
—
Promo rate
—
Transactions
Unlimited

Pros

  • No monthly fee
  • Unlimited transactions
  • Free e-statements
  • Current welcome offer

Cons

  • Few premium perks
Best for: No monthly fee
Tangerine
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Tangerine No-Fee Daily Chequing Account

Tangerine · chequing

The Tangerine No-Fee Daily Chequing Account has no monthly fee, making it risk-free to hold. It offers unlimited transactions. Current offer: Up to $250 bonus.

No feeUnlimited transactionsSpecial offer
Monthly fee
$0
Regular rate
—
Promo rate
—
Transactions
Unlimited

Pros

  • No monthly fee
  • Unlimited transactions
  • Free e-statements
  • Current welcome offer

Cons

  • Few premium perks