The best chequing accounts in Canada for 2025
Chequing accounts allow you to easily deposit income, pay bills, and make purchases without the need for physical cash. Most chequing accounts offer features like direct deposit, online banking, ATM and mobile access, making managing your finances easier.
Explore our top picks for the best chequing accounts in Canada.
Simplii Financial No fee Chequing Account

Earn $300 as a new customer, and an extra $50 with referral code "Financeer"
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
ABM network:
24/7 customer support:
Yes
Yes
Yes
Total monthly cost:
$0.00
Tangerine No fee Daily Chequing Account

Earn $250 as a new customer, and an extra $50 with referral code "Financeer"
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
ABM network:
24/7 customer support:
Yes
Yes
Yes
Total monthly cost:
$0.00
EQ Bank Personal Account

Earn $20 with referral code "Financeer"
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
Free ABM withdrawals:
Interest earning rate:
Yes
Yes
Up to 4%
Total monthly cost:
$0.00
Cash back rewards:
Unlimited 0.5%
Yes
No FX fee:
Wealthsimple Cash Account

Earn $25 with referral code "Financeer"
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
Free ABM withdrawals:
Interest earning rate:
Yes
Yes
Up to 3.5%
Total monthly cost:
$0.00
Cash back rewards:
Unlimited 1%
Yes
No FX fee:
PC Financial Money Account

Earn 150,000 PC Optimum points worth $150
Monthly fee:
Transactions:
Interac e-transfer:
$0.00
Unlimited/$0.00
Unlimited/$0.00
Yes
Mobile app:
Online banking:
ABM network:
Interest earning rate:
Yes
Yes
Up to 3.5%
Total monthly cost:
$0.00
