Savings account · KEB Hana Bank Canada
Low-Cost and No-Cost Account (Student) Savings Account: fees and true cost
KEB Hana Bank Canada’s Low-Cost and No-Cost Account (Student) 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.
CDICStudentsLow-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
Annual proof of full-time post-secondary student is required. 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 (RDSP Beneficiary) 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 (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
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