Savings account · KEB Hana Bank Canada
Low-Cost and No-Cost Account (RDSP Beneficiary) Savings Account: fees and true cost
KEB Hana Bank Canada’s Low-Cost and No-Cost Account (RDSP Beneficiary) Savings Account lists 0.2% interest and no monthly fee. On $10,000 that’s about $20 a year before tax, at the posted rate.
CDICLow-cost / no-cost eligibilityOffered in AB, BC, ON
Fees retrieved November 1, 2026
Interest at different balances
| Balance | Rate | Interest a year |
|---|---|---|
| $1,000 | 0.2% | $2 |
| $10,000 | 0.2% | $20 |
| $50,000 | 0.2% | $100 |
| Balance | Rate (annual) |
|---|---|
| $0 and up | 0.2% |
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | No monthly fee |
| Included transactions | 20 a month |
| Debit purchase in Canada (beyond included) | $0.50 |
| Online or mobile bill payment | No extra fee |
| Interac e-Transfer | $1.00 |
| Online transfer between your accounts | No extra fee |
| Own-bank ATM withdrawal | $0.50 |
| Withdrawal at another institution’s ATM | $1.50 |
| 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 | $0.75 |
| Bill payment in branch | $1.25 |
| Cheque (as a payment) | $1.25 |
| Mailed monthly statement | No extra fee |
| Non-sufficient funds (NSF) | Not stated |
| Overdraft protection, monthly | Not stated |
| Overdraft protection, per use | Not stated |
| Overdraft interest | Not stated |
Notes from the institution
15 Interac e-Transfer are provided, and request fee is $1.50. Interac e-Transfer® cancellation fee is not included in the package transaction. $10 cable charge applies to all international transfers. For transfers over $100, an additional percentage based fee applies, ranging from $20 to $80.
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.
Other savings accounts at KEB Hana Bank Canada
- 1Q Savings Account — 0.5% interest
- Low-Cost Account Savings Account — 0.2% interest
- Low-Cost and No-Cost Account (Newcomers) Savings Account — 0.2% interest
- Low-Cost and No-Cost Account (Seniors and GIS Recipients) Savings Account — 0.2% interest
- Low-Cost and No-Cost Account (Student) Savings Account — 0.2% interest
- Low-Cost and No-Cost Account (Youth) Savings Account — 0.2% interest
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · KEB Hana Bank Canada’s product page
Educational information only, not financial, legal or tax advice. CanadianBanks.ca is independent and is not affiliated with, endorsed by or paid by any institution listed. Confirm details with the institution and the official sources linked on each page before you act. Read the full disclaimer.