Chequing account · Kindred Credit Union
Value Plan: fees and true cost
Kindred Credit Union’s Value Plan charges $11.45/mo, or $0 with a $3,000 minimum balance, with branch: 0 · self-serve: 25 transactions. For our “Everyday” example that comes to $336 a year, #59 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 | $137 | Monthly fee $11.45 | 42 of 106 |
| Everyday Household account, a few e-Transfers | $336 | Monthly fee $11.45; extra transactions $15.57/mo | 59 of 106 |
| Heavy Lots of card, bill and e-Transfer payments | $734 | Monthly fee $11.45; extra transactions $47.71/mo | 65 of 106 |
| Branch and cheques Teller visits, cheques, paper statement | $197 | Monthly fee $11.45 | 47 of 94 |
Try your own numbers in the true-cost finder. Is keeping $3,000 in the account worth it? Run it in the account-fee calculator.
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | $11.45/mo, or $0 with a $3,000 minimum balance |
| Included transactions | Branch: 0 · self-serve: 25 |
| 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 | $0.80 |
| 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 | $5.00 |
| 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 plan includes any combination of 25 services each month for a low monthly fee
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
- Flex Plan — No monthly fee
- 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
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Kindred Credit Union’s product page
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