BMO Blue Rewards Chequing
Savings account
Example
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
Personal
Current accounts in Canada
Everyday accounts, ranked on total yearly cost rather than sign-up offers.
14Offers
—Lowest APR
6Providers
- ✓Free to compare
- ✓Supervised by OSFI and the FCAC
- ✓CDIC coverage up to $100,000
read live from provider feeds
Market coverage: 14 providers tracked in this market. Providers pay us, usually only if you take up a product; the order is computed from the rate they publish — read how we order lists and where the figures come from. How we order lists Data sources.
Available now
Current accounts you can open today
Live from the providers we have a distribution agreement with in your market.
BMO Performance Chequing
Savings accountExample
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
BMO Plus Chequing
Savings accountExample
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
BMO Practical Chequing
Savings accountExample
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
BMO Premium Chequing
Savings accountExample
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
BMO U.S. Dollar Primary Chequing Account
Savings accountExample
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
Neo Chequing Account
Savings account
Example
Provider eligibility and current terms apply. Consult the provider before applying. We do not receive commission on this link.
Scotiabank Preferred Package
Savings account
Example
Provider eligibility and current terms apply. Consult the provider before applying. We do not receive commission on this link.
Scotiabank Preferred Package for Students and Youth - 16 and over
Savings accountExample
Provider eligibility and current terms apply. Consult the provider before applying. We do not receive commission on this link.
Scotiabank Preferred Package for Students and Youth - Under 16
Savings accountExample
Provider eligibility and current terms apply. Consult the provider before applying. We do not receive commission on this link.
Scotiabank Ultimate Package
Savings accountExample
Provider eligibility and current terms apply. Consult the provider before applying. We do not receive commission on this link.
Simplii Financial No Fee Chequing
Savings account
Example
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
Tangerine No-Fee Daily Chequing Account
Savings account
Example
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
Wealthsimple Chequing account
Savings account
Example
Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
Labels are derived from the published terms in this list — the lowest rate, the fastest stated payout, the widest amount range — and are recalculated whenever the list changes. They are not paid placements.
You are comparing this market from outside it. Availability and terms differ by province and state, so this list is limited to products that may be offered in all of them — from inside the market you may see more.
Buckmatch is paid by the lenders and banks whose products appear here. No rate on this page is comparable across the products listed, so the list is not ranked on price. It is ordered alphabetically by provider instead. How this list is ordered
Payment is usually contingent on you taking up a product — being approved, drawing the loan, or being issued the card. It does not affect the order of this list, or the rates and fees shown, which come from the provider. We are not a lender, a mortgage broker or an adviser.
The order is calculated before any commercial term is considered. No provider can pay for a higher position, and products with no published rate appear last.
Eligible deposits with a member institution are protected by the Canada Deposit Insurance Corporation, within limits and by category. Coverage is per member institution, not per brand — several deposit brands can belong to one member institution, in which case a single limit covers all of them.
Payment does not affect this order. No provider can buy a higher position, and the order is calculated from published rates before any commercial term is considered. Products with no published rate appear last.
Where two products carry the same rate, the earlier one keeps its place. Products we earn nothing from are ordered the same way as products we do.
We do not cover every product on the market. A provider absent from this list is not a judgement about it.
Wealthsimple: Product availability and eligibility are determined by the provider. Check the provider’s current terms before applying. We do not receive commission on this link.
Scotiabank: Provider eligibility and current terms apply. Consult the provider before applying. We do not receive commission on this link.
Local to Canada
Products that only exist in this market
TFSA
Tax-free savings account — growth and withdrawals are untaxed.
RRSP
Registered retirement plan with tax-deductible contributions.
FHSA
First home savings account combining RRSP deduction with TFSA withdrawals.
Pricing shown is indicative and taken from published price lists for Canada. It is a comparison based on published product criteria — not financial advice, and never a promise of approval.
A current or chequing account in Canada is everyday banking: deposits, payments and a debit card from a licensed deposit-taker. Eligible balances are covered by CDIC coverage under OSFI and the FCAC. Compare the monthly fee, what it takes to waive it, overdraft APR and whether the account is actually available to residents here.
What the fee buys
A “free” account can still charge for overdrafts, foreign spend or paper statements. A fee-charging account can still be cheaper if it includes the payments you actually use. We only list providers with a live apply link. Related: savings if the money will sit, banks for who is licensed here, and cards if revolving credit is the product you need.
FAQ
Questions readers in this market ask
Answered with local rules, local supervision and local pricing — not a translated US page.
What does a current account cost in Canada?
The real cost of an everyday account sits in monthly fees, FX mark-ups, ATM charges and overdraft pricing. We list those on each product rather than inventing a typical monthly figure.
Who supervises the providers compared on Buckmatch in Canada?
Every institution listed for Canada is supervised by OSFI and the FCAC. Eligible deposits are covered by CDIC coverage up to $100,000 per depositor and institution.
What does "APR" mean here?
APR is the effective annual cost used in Canada, including interest and mandatory fees. We always show the local measure so figures match the provider's own price list.
Do you check my credit to show matches?
Providers in Canada assess applications with a Equifax / TransUnion Canada. We shortlist on the published minimum criteria only — Buckmatch never runs a credit check.
How current is the pricing on this page?
Every figure on this page is read from the provider's own product feed, so it changes here when the provider changes it rather than when we get round to retyping it. We deliberately do not stamp a verification date on the page: the feed does not record when a provider last reviewed a figure, so any date we printed would be our guess dressed up as a fact. Where a required number is missing from the feed we leave the field empty instead of estimating it.
How does Buckmatch make money?
Providers pay us a fee, and in most cases it falls due only if a reader goes on to be approved for or take up the product; on a few products it is a percentage of the amount borrowed. That never changes the order: it is computed from the price the provider publishes, before any commercial term is read, and placement is not for sale. The methodology page sets out exactly how the order is derived so you can check a list against it.