Savings account · Desjardins
Desjardins Regular Savings Account: fees and true cost
Desjardins’s Regular Savings Account lists 0.05% interest and no monthly fee. On $10,000 that’s about $5 a year before tax, at the posted rate.
Provincial insurerOffered in ON, QC
Fees retrieved November 1, 2026
Mitey reads Desjardins’s Regular Savings Account rate sheet: $5 a year on $10,000.
What interest does Regular Savings Account from Desjardins pay?
Regular Savings Account lists 0.05% interest with FCAC. On $10,000 that is about $5 a year before tax, with no monthly fee, #61 of 72 savings accounts offered in Ontario by interest after fees. Deposits are protected by a provincial credit union deposit insurer. Rates as listed on November 1, 2026; promotional rates may differ.
Is Desjardins Regular Savings Account the best place for savings?
- Versus the top posted rate: on $10,000, 30 Day Notice Savings Account (EQ Bank, 3%) would pay about $295 more a year after fees.
- Or lock it in: a 1-year GIC at 3.75% (Oaken Financial, posted November 2, 2026) would earn $375 on $10,000, against $5 here — but the money is locked in for the year.
Interest at different balances
| Balance | Rate | Interest a year |
|---|---|---|
| $1,000 | 0.05% | $1 |
| $10,000 | 0.05% | $5 |
| $50,000 | 0.05% | $25 |
| Balance | Rate (annual) |
|---|---|
| $0 and up | 0.05% |
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | No monthly fee |
| Included transactions | None included (each one is charged) |
| Debit purchase in Canada (beyond included) | $1.25 |
| Online or mobile bill payment | $1.25 |
| Interac e-Transfer | $1.25 |
| Online transfer between your accounts | $1.25 |
| Own-bank ATM withdrawal | $1.25 |
| Withdrawal at another institution’s ATM | $1.25 |
| ATM withdrawal in the United States | $1.25 |
| ATM withdrawal in other countries | $1.25 |
| Debit purchase in the United States | $1.25 |
| In-branch withdrawal | $1.25 |
| Bill payment in branch | $1.25 |
| Cheque (as a payment) | Not available |
| Mailed monthly statement | $2.25 |
| Non-sufficient funds (NSF) | Not stated |
| Overdraft protection, monthly | Not stated |
| Overdraft protection, per use | Not stated |
| Overdraft interest | Not stated |
Notes from the institution
N/A
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.
Other savings accounts at Desjardins
- Non-registered savings account — 0.55% interest
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Desjardins’s product page
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