Chequing account · Vancity Credit Union
Vancity Credit Union Total Chequing Account: fees and true cost
Vancity Credit Union’s Total Chequing Account charges $25.75/mo, or $0 with a $6,000 minimum balance, with unlimited transactions. For our “Everyday” example that comes to $309 a year.
Provincial insurerOffered in BC
Fees retrieved November 1, 2026
Mitey tallies a year of Vancity Credit Union’s Total Chequing Account: no figure for the Everyday profile.
How much does Total Chequing Account from Vancity Credit Union cost a year?
Total Chequing Account can’t serve our Everyday example (43 transactions a month): it lacks ATM withdrawals, other-bank ATM withdrawals. The $25.75 monthly fee is waived with a $6,000 minimum balance. Cheaper for the same banking: Personal Account at EQ Bank ($0). Deposits are protected by a provincial credit union deposit insurer. Fees as listed with FCAC on November 1, 2026.
Who does Vancity Credit Union Total Chequing Account suit?
- Can’t serve: the Light and Everyday and Heavy and Branch and cheques profiles (ATM withdrawals not available).
- Allowance: unlimited everyday transactions, so heavier use doesn’t add fees.
- Waiver or fee? Keeping $6,000 waives the $25.75 fee ($309 a year). The same money at 3% (30 Day Notice Savings Account, EQ Bank) would earn about $180 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: ATM withdrawals | — |
| Everyday Household account, a few e-Transfers | n/a | Can’t do: ATM withdrawals, other-bank ATM withdrawals | — |
| Heavy Lots of card, bill and e-Transfer payments | n/a | Can’t do: ATM withdrawals, other-bank ATM withdrawals | — |
| Branch and cheques Teller visits, cheques, paper statement | n/a | Can’t do: ATM withdrawals, branch transactions | — |
Try your own numbers in the true-cost finder. Is keeping $6,000 in the account worth it? Run it in the account-fee calculator.
Every fee FCAC lists for this account
| Item | Fee |
|---|---|
| Monthly fee | $25.75/mo, or $0 with a $6,000 minimum balance |
| Included transactions | Unlimited |
| Debit purchase in Canada (beyond included) | No extra fee |
| Online or mobile bill payment | No extra fee |
| Interac e-Transfer | No extra fee |
| Online transfer between your accounts | No extra fee |
| Own-bank ATM withdrawal | Not available |
| Withdrawal at another institution’s ATM | Not available |
| ATM withdrawal in the United States | $3.00 |
| ATM withdrawal in other countries | $3.00 |
| Debit purchase in the United States | Not available |
| In-branch withdrawal | Not available |
| Bill payment in branch | No extra fee |
| Cheque (as a payment) | No extra fee |
| Mailed monthly statement | $2.50 |
| Non-sufficient funds (NSF) | $10.00 |
| Overdraft protection, monthly | No extra fee |
| Overdraft protection, per use | $5.00 |
| Overdraft interest | 21% a year |
Notes from the institution
up to $150 rebate on 1 of 5 Vancity Visa credit cards per annum for the first named joint or sole account holder if approved (terms and conditions apply) and $5.00 discount on Safe Deposit Box rental per annum. Miscellaneous fees including the Paper Statement fees are not waived by the minimum monthly balance waiver, full details are available on www.vancity.com.
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 Vancity Credit Union
- Chequing Plus (Youth under 25) — No monthly fee
- Chequing Plus (age 65+) — No monthly fee
- Essential Chequing — $9.75/mo, or $0 with a $1,500 minimum balance
- Essential Plus Chequing — $14.75/mo, or $0 with a $3,000 minimum balance
- Pay As You Go Chequing — No monthly fee
Source: FCAC Account Comparison Tool (data submitted by the institution), retrieved November 1, 2026 · Vancity Credit Union’s product page
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