Chequing account · Peoples Group
Peoples EasyTransaction Account (Pay-as-you-go Package): fees and true cost
Peoples Group’s Peoples EasyTransaction Account (Pay-as-you-go Package) charges no monthly fee, with none included (each one is charged) transactions. For our “Everyday” example that comes to $54 a year.
CDICOffered in all ten provinces
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 | n/a | Can’t do: debit purchases, ATM withdrawals | — |
| Everyday Household account, a few e-Transfers | n/a | Can’t do: debit purchases, ATM withdrawals, other-bank ATM withdrawals | — |
| Heavy Lots of card, bill and e-Transfer payments | n/a | Can’t do: debit purchases, ATM withdrawals, other-bank ATM withdrawals | — |
| Branch and cheques Teller visits, cheques, paper statement | n/a | Can’t do: debit purchases, ATM withdrawals, branch transactions, cheques, paper statements | — |
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) | Not available |
| Online or mobile bill payment | No extra fee |
| Interac e-Transfer | $0.90 |
| Online transfer between your accounts | No extra fee |
| Own-bank ATM withdrawal | Not available |
| Withdrawal at another institution’s ATM | Not available |
| ATM withdrawal in the United States | Not available |
| ATM withdrawal in other countries | Not available |
| Debit purchase in the United States | Not available |
| In-branch withdrawal | Not available |
| Bill payment in branch | No extra fee |
| Cheque (as a payment) | Not available |
| Mailed monthly statement | Not available |
| Non-sufficient funds (NSF) | No extra fee |
| Overdraft protection, monthly | Not available |
| Overdraft protection, per use | Not available |
| Overdraft interest | Not stated |
Notes from the institution
FCAC retrieved information for this account from publicly available information on the financial institution's website. Product features, fees, rates and eligibility requirements may change. Please verify current account details directly with the financial institution.
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
- Neo Chequing account (Essentials) (Neo Financial) — $0 a year
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Peoples Group’s product page
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