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