Chequing account · Coast Capital Savings
Unlimited Chequing Account: fees and true cost
Coast Capital Savings’s Unlimited Chequing Account charges $8.50/mo, or $0 with a $4,000 minimum balance, with branch: unlimited · self-serve: unlimited transactions. For our “Everyday” example that comes to $132 a year, #20 of 106 chequing accounts offered in Ontario.
CDICOffered in AB, BC, MB, NB, NL, NS, NT, NU, ON, PE, SK, YT
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 | $102 | Monthly fee $8.50 | 30 of 106 |
| Everyday Household account, a few e-Transfers | $132 | Monthly fee $8.50 | 20 of 106 |
| Heavy Lots of card, bill and e-Transfer payments | $162 | Monthly fee $8.50 | 23 of 106 |
| Branch and cheques Teller visits, cheques, paper statement | $102 | Monthly fee $8.50 | 13 of 94 |
Try your own numbers in the true-cost finder. Is keeping $4,000 in the account worth it? Run it in the account-fee calculator.
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | $8.50/mo, or $0 with a $4,000 minimum balance |
| Included transactions | Branch: unlimited · 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 | $2.50 |
| ATM withdrawal in the United States | $5.00 |
| ATM withdrawal in other countries | $5.00 |
| Debit purchase in the United States | Not available |
| In-branch withdrawal | No extra fee |
| Bill payment in branch | No extra fee |
| Cheque (as a payment) | No extra fee |
| Mailed monthly statement | No extra fee |
| Non-sufficient funds (NSF) | $10.00 |
| Overdraft protection, monthly | No extra fee |
| Overdraft protection, per use | $5.00 |
| Overdraft interest | 21% a year |
Notes from the institution
Free access to ID Assist® monitoring for no extra charge. Interac® Network ATM Transactions (Canada): $2.50 each International ATM Transactions: $5 each plus 2% administration fee on transaction amount. NSF Fee - applicable per Personal account (not per returned item).
Is the money protected?
CDIC member. Eligible deposits are covered up to $100,000 per category at each CDIC member — see the deposit safety tool.
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 Coast Capital Savings
- Elevate Chequing Account — $16.95/mo, or $0 with a $4,000 minimum balance
- Free Chequing, Free Debit, and More Account — No monthly fee
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Coast Capital Savings’s product page
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