Chequing account · Kindred Credit Union
Flex Plan: fees and true cost
Kindred Credit Union’s Flex Plan charges no monthly fee, with none included (each one is charged) transactions. For our “Everyday” example that comes to $430 a year, #78 of 106 chequing accounts offered in Ontario.
Provincial insurerOffered in ON
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 | $197 | No monthly fee; extra transactions $16.40/mo | 69 of 106 |
| Everyday Household account, a few e-Transfers | $430 | No monthly fee; extra transactions $34.80/mo | 78 of 106 |
| Heavy Lots of card, bill and e-Transfer payments | $804 | No monthly fee; extra transactions $65.00/mo | 68 of 106 |
| Branch and cheques Teller visits, cheques, paper statement | $187 | No monthly fee; extra transactions $15.60/mo | 38 of 94 |
Try your own numbers in the true-cost finder.
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | No monthly fee |
| Included transactions | None included (each one is charged) |
| Debit purchase in Canada (beyond included) | $1.00 |
| Online or mobile bill payment | $0.80 |
| Interac e-Transfer | $1.00 |
| Online transfer between your accounts | No extra fee |
| Own-bank ATM withdrawal | No extra fee |
| Withdrawal at another institution’s ATM | $1.00 |
| 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 | $1.50 |
| Cheque (as a payment) | $0.80 |
| Mailed monthly statement | No extra fee |
| Non-sufficient funds (NSF) | $50.00 |
| Overdraft protection, monthly | Not available |
| Overdraft protection, per use | $5.00 |
| Overdraft interest | 24% a year |
Interest
| Balance | Rate (annual) |
|---|---|
| $5,000 to $49,999 | 0.05% |
| $50,000 to $99,999 | 0.1% |
| $100,000 and up | 0.2% |
Notes from the institution
This pay as you go option lets you pay for services as you use them
Is the money protected?
FSRA (Ontario 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 Kindred Credit Union
- Generations (Seniors) — No monthly fee
- Generations (Students) — No monthly fee
- Generations (Youth) — No monthly fee
- Unlimited Plan — $17.95/mo, or $0 with a $3,000 minimum balance
- Value Plan — $11.45/mo, or $0 with a $3,000 minimum balance
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Kindred Credit Union’s product page
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