Chequing account · Beem Credit Union
Everyday spending: fees and true cost
Beem Credit Union’s Everyday spending charges $4.95/mo, no balance waiver, with branch: 10 · self-serve: unlimited transactions. For our “Everyday” example that comes to $83 a year, #13 of 70 chequing accounts offered in British Columbia.
Provincial insurerOffered in BC
Fees retrieved November 1, 2026
What it would cost you in a year
| Usage | Fees a year | Why | Rank |
|---|---|---|---|
| Light Mostly card and app, small balance | $59 | Monthly fee $4.95 | 14 of 70 |
| Everyday Household account, a few e-Transfers | $83 | Monthly fee $4.95 | 13 of 70 |
| Heavy Lots of card, bill and e-Transfer payments | $107 | Monthly fee $4.95 | 13 of 70 |
| Branch and cheques Teller visits, cheques, paper statement | $95 | Monthly fee $4.95 | 6 of 55 |
Try your own numbers in the true-cost finder.
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | $4.95/mo, no balance waiver |
| Included transactions | Branch: 10 · self-serve: unlimited |
| Debit purchase in Canada (beyond included) | No extra fee |
| Online or mobile bill payment | No extra fee |
| Interac e-Transfer | No extra fee |
| Online transfer between your accounts | No extra fee |
| Own-bank ATM withdrawal | No extra fee |
| Withdrawal at another institution’s ATM | $2.00 |
| ATM withdrawal in the United States | $4.00 |
| ATM withdrawal in other countries | $4.00 |
| Debit purchase in the United States | No extra fee |
| In-branch withdrawal | $1.00 |
| Bill payment in branch | $1.00 |
| Cheque (as a payment) | No extra fee |
| Mailed monthly statement | $3.00 |
| Non-sufficient funds (NSF) | $45.00 |
| Overdraft protection, monthly | Not available |
| Overdraft protection, per use | $5.00 |
| Overdraft interest | 21% a year |
Notes from the institution
FCAC retrieved information for this account from publicly available information on the financial institution's website. Product features, fees, rates and eligibility requirements may change. Please verify current account details directly with the financial institution.
Is the money protected?
CUDIC (BC credit union). Credit union deposits are insured by the province, with limits that vary — see credit union insurance by province.
Cheaper for everyday use, at other institutions
- Wealthsimple Chequing (Wealthsimple) — $0 a year
- Personal Account (EQ Bank) — $0 a year
- 1Q Chequing Account (KEB Hana Bank Canada) — $0 a year
Other chequing accounts at Beem Credit Union
- Essentials spending — No monthly fee
- Unlimited spending — $9.95/mo, no balance waiver
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Beem Credit Union’s product page
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