Chequing account · Servus Credit Union
Servus Senior Unlimited Plan: fees and true cost
Servus Credit Union’s Servus Senior Unlimited Plan charges no monthly fee, with unlimited transactions. For our “Everyday” example that comes to $18 a year.
Provincial insurerSeniorsOffered in AB
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, bill payments, Interac e-Transfers, online transfers, ATM withdrawals | — |
| Everyday Household account, a few e-Transfers | n/a | Can’t do: debit purchases, bill payments, Interac e-Transfers, online transfers, ATM withdrawals, other-bank ATM withdrawals | — |
| Heavy Lots of card, bill and e-Transfer payments | n/a | Can’t do: debit purchases, bill payments, Interac e-Transfers, online transfers, ATM withdrawals, other-bank ATM withdrawals | — |
| Branch and cheques Teller visits, cheques, paper statement | n/a | Can’t do: debit purchases, bill payments, online transfers, ATM withdrawals, branch transactions, cheques | — |
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 | Unlimited |
| Debit purchase in Canada (beyond included) | Not available |
| Online or mobile bill payment | Not available |
| Interac e-Transfer | Not available |
| Online transfer between your accounts | Not available |
| Own-bank ATM withdrawal | Not available |
| Withdrawal at another institution’s ATM | $1.50 |
| ATM withdrawal in the United States | $3.00 |
| ATM withdrawal in other countries | $5.00 |
| Debit purchase in the United States | $3.00 |
| In-branch withdrawal | Not available |
| Bill payment in branch | Not available |
| Cheque (as a payment) | Not available |
| Mailed monthly statement | $2.50 |
| Non-sufficient funds (NSF) | $48.00 |
| Overdraft protection, monthly | No extra fee |
| Overdraft protection, per use | $5.00 |
| Overdraft interest | 21% a year |
Notes from the institution
For anyone over the age of 60 who can benefit from a no-fee daily banking plan. Account details No monthly fee Unlimited electronic or in‑branch transactions (including bill payments and credit union ATM withdrawals) 100 free cheques per year Unlimited Interac e‑Transfers® $10 discount on safety deposit boxes 5 free coverdrafts
Is the money protected?
Provincial deposit insurer. 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 Servus Credit Union
- Servus 17-25 Be Free Plan — No monthly fee
- Servus Personal Basic Plan — $3.95/mo, no balance waiver
- Servus Personal Essential Plan — $3.95–$16.95/mo, or $0 with a $4,000 minimum balance
- Servus Personal Premium Unlimited Plan — $25.00/mo, or $0 with a $5,000 minimum balance
- Servus Youth Plan — No monthly fee
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Servus Credit Union’s product page
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