Chequing account · Tandia Financial
Chequing (Limitless Student Plan): fees and true cost
Tandia Financial’s Chequing (Limitless Student Plan) charges no monthly fee, with unlimited transactions. For our “Everyday” example that comes to $24 a year, #12 of 107 chequing accounts offered in Ontario.
Provincial insurerStudentsOffered 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 | $0 | No monthly fee | 11 of 107 |
| Everyday Household account, a few e-Transfers | $24 | No monthly fee | 12 of 107 |
| Heavy Lots of card, bill and e-Transfer payments | $48 | No monthly fee | 14 of 107 |
| Branch and cheques Teller visits, cheques, paper statement | n/a | Can’t do: 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 | Unlimited |
| Debit purchase in Canada (beyond included) | No extra fee |
| Online or mobile bill payment | No extra fee |
| Interac e-Transfer | No extra fee |
| Online transfer between your accounts | No extra fee |
| Own-bank ATM withdrawal | No extra fee |
| Withdrawal at another institution’s ATM | $2.00 |
| ATM withdrawal in the United States | $3.00 |
| ATM withdrawal in other countries | $3.00 |
| Debit purchase in the United States | $3.00 |
| In-branch withdrawal | No extra fee |
| Bill payment in branch | No extra fee |
| Cheque (as a payment) | No extra fee |
| Mailed monthly statement | Not available |
| Non-sufficient funds (NSF) | $50.00 |
| Overdraft protection, monthly | No extra fee |
| Overdraft protection, per use | $5.00 |
| Overdraft interest | 19.99% a year |
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?
FSRA, as a division of Alterna Savings. Shares Alterna Savings’ coverage. 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 Tandia Financial
- Chequing (A-La-Carte Plan) — No monthly fee
- Chequing (Limitless 60 Plan) — No monthly fee
- Chequing (Limitless Plan) — $12.95/mo, or $0 with a $3,000 minimum balance
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Tandia Financial’s product page
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