Chequing account · Servus Credit Union
Servus Personal Premium Unlimited Plan: fees and true cost
Servus Credit Union’s Servus Personal Premium Unlimited Plan charges $25.00/mo, or $0 with a $5,000 minimum balance, with unlimited transactions. For our “Everyday” example that comes to $318 a year.
Provincial insurerOffered in AB
Fees retrieved November 1, 2026
Mitey tallies a year of Servus Credit Union’s Servus Personal Premium Unlimited Plan: no figure for the Everyday profile.
How much does Servus Personal Premium Unlimited Plan from Servus Credit Union cost a year?
Servus Personal Premium Unlimited Plan can’t serve our Everyday example (43 transactions a month): it lacks debit purchases, bill payments, Interac e-Transfers, online transfers, ATM withdrawals, other-bank ATM withdrawals. The $25 monthly fee is waived with a $5,000 minimum balance. Cheaper for the same banking: Personal Account at EQ Bank ($0). Fees as listed with FCAC on November 1, 2026.
Who does Servus Personal Premium Unlimited Plan suit?
- Can’t serve: the Light and Everyday and Heavy and Branch and cheques profiles (debit purchases, bill payments, Interac e-Transfers, online transfers, ATM withdrawals not available).
- Allowance: unlimited everyday transactions, so heavier use doesn’t add fees.
- Waiver or fee? Keeping $5,000 waives the $25 fee ($300 a year). The same money at 3% (30 Day Notice Savings Account, EQ Bank) would earn about $150 a year, so holding the balance is the cheaper way to run this account.
What would it cost you in a year?
| Usage | Fees a year | Why | Rank |
|---|---|---|---|
| Light Mostly card and app, small balance | n/a | Can’t do: debit purchases, bill payments, Interac e-Transfers, online transfers, ATM withdrawals | — |
| Everyday Household account, a few e-Transfers | n/a | Can’t do: debit purchases, bill payments, Interac e-Transfers, online transfers, ATM withdrawals, other-bank ATM withdrawals | — |
| Heavy Lots of card, bill and e-Transfer payments | n/a | Can’t do: debit purchases, bill payments, Interac e-Transfers, online transfers, ATM withdrawals, other-bank ATM withdrawals | — |
| Branch and cheques Teller visits, cheques, paper statement | n/a | Can’t do: debit purchases, bill payments, online transfers, ATM withdrawals, branch transactions, cheques | — |
Try your own numbers in the true-cost finder. Is keeping $5,000 in the account worth it? Run it in the account-fee calculator.
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | $25.00/mo, or $0 with a $5,000 minimum balance |
| Included transactions | Unlimited |
| Debit purchase in Canada (beyond included) | Not available |
| Online or mobile bill payment | Not available |
| Interac e-Transfer | Not available |
| Online transfer between your accounts | Not available |
| Own-bank ATM withdrawal | Not available |
| Withdrawal at another institution’s ATM | $1.50 |
| ATM withdrawal in the United States | $3.00 |
| ATM withdrawal in other countries | $5.00 |
| Debit purchase in the United States | $3.00 |
| In-branch withdrawal | Not available |
| Bill payment in branch | Not available |
| Cheque (as a payment) | Not available |
| Mailed monthly statement | No extra fee |
| Non-sufficient funds (NSF) | $48.00 |
| Overdraft protection, monthly | No extra fee |
| Overdraft protection, per use | $5.00 |
| Overdraft interest | 21% a year |
Notes from the institution
Ideal if you access your account frequently, use a wide variety of transaction types and want the peace of mind of unlimited transactions including Interac e-Transfers for a consistent monthly fee. Also, good if you maintain a large monthly balance or use non-credit union ATMs on a frequent and regular basis. Please note: Account details $25 monthly fee Fee waived with $5,000 min. monthly balance Unlimited electronic or in‑branch transactions (including bill payments and credit union ATM withdrawals) 10 free non-credit union ATM withdrawals (in Canada) 25% off Servus World Elite MasterCard ann
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.
Cheaper for everyday use, at other institutions
- Personal Account (EQ Bank) — $0 a year
- Wealthsimple Chequing (Wealthsimple) — $0 a year
- 1Q Chequing Account (KEB Hana Bank Canada) — $0 a year
Other chequing accounts at Servus Credit Union
- Servus 17-25 Be Free Plan — No monthly fee
- Servus Personal Basic Plan — $3.95/mo, no balance waiver
- Servus Personal Essential Plan — $3.95–$16.95/mo, or $0 with a $4,000 minimum balance
- Servus Senior Unlimited Plan — No monthly fee
- Servus Youth Plan — No monthly fee
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Servus Credit Union’s product page
Educational information only, not financial, legal or tax advice. CanadianBanks.ca is independent and is not affiliated with, endorsed by or paid by any institution listed. Confirm details with the institution and the official sources linked on each page before you act. Read the full disclaimer.