FinviloNo-fee chequing: Simplii vs Tangerine vs EQ Bank vs National Bank
These accounts aim to remove the monthly fee. Branch access, e-Transfer limits and ATM networks differ.
| Feature | Simplii Financial | Tangerine | EQ Bank | National Bank of Canada |
|---|---|---|---|---|
| Where available | Not confirmed | Not confirmed | Not confirmed | Not confirmed |
| Transactions included | Not confirmed | Unlimited number of daily transactions | Not confirmed | 18 digital transactions |
| Savings interest rate | Not confirmed | Not confirmed | 1.50% | Not confirmed |
| Monthly fee | Not confirmed | Not confirmed | Not confirmed | $3.95 CAD |
| Details | Full profileOfficial provider page | Full profileOfficial provider page | Full profileOfficial provider page | Full profileOfficial provider page |
Our take
If you rarely visit a branch, a no-fee account can save over CAD 100 a year compared with a paid plan. Check cash deposit and ATM options first.
Rates and fees change. Confirm current terms on the provider's official page before applying. General information, not personalized advice.