Compare · accounts and institutions
Compare Canadian bank accounts side by side
Pick up to three chequing or savings accounts and see every listed fee next to what each would cost you in a year. Below, compare the institutions behind them — charter, regulator and deposit protection. No scores, no paid placement.
Fee data retrieved November 1, 2026
Pick an example profile, or set your exact numbers in the finder.
| Item | TD Unlimited Chequing Account | Personal Account | No Fee Chequing Account |
|---|---|---|---|
| Institution | TD Canada Trust | EQ Bank | Simplii Financial |
| Fees a year at your usage | $215 | $0 ✓ lowest | $18 |
| Monthly fee and waiver | $17.95/mo, or $0 with a $4,000 minimum balance | No monthly fee | No monthly fee |
| Included transactions | Unlimited | Branch: 0 · self-serve: unlimited | Branch: 0 · self-serve: unlimited |
| Interac e-Transfer | No extra fee | No extra fee | No extra fee |
| Debit purchase over the limit | No extra fee | No extra fee | No extra fee |
| Other-bank ATM | No extra fee | No extra fee | $1.50 |
| In-branch withdrawal | No extra fee | Not available | Not available |
| NSF fee | $10.00 | No extra fee | $10.00 |
| Interest | None | 1.5% | 0.01% |
| Deposit protection | CDIC member | CDIC member | CDIC member |
| Offered in | All provinces | All provinces | All provinces |
Compare the institutions
| Attribute | RBC Royal Bank | EQ Bank | Vancity |
|---|---|---|---|
| Type | Big Six bank (Schedule I) | Domestic bank (Schedule I) | Provincial credit union |
| Legal name | Royal Bank of Canada | Equitable Bank | Vancouver City Savings Credit Union |
| Status | Active | Active | Active |
| Owner / parent | — | EQB Inc. (TSX: EQB) | — |
| Head office | Corporate headquarters Toronto, ON; head office Montreal, QC | Toronto, ON | Vancouver, BC |
| Regulator | Office of the Superintendent of Financial Institutions (OSFI) for safety and soundness; Financial Consumer Agency of Canada (FCAC) for consumer protection | Office of the Superintendent of Financial Institutions (OSFI) for safety and soundness; Financial Consumer Agency of Canada (FCAC) for consumer protection | BC Financial Services Authority |
| CDIC member (main entity) | Yes | Yes | Yes |
| Deposit protection | CDIC member. Several RBC group companies (for example Royal Bank Mortgage Corporation and The Royal Trust Company) are separate CDIC members with their own limits. | CDIC member under the EQ Bank name. Equitable Trust, Concentra Bank and President’s Choice Bank are separate CDIC members in the same group. | Provincially insured by B.C.’s Credit Union Deposit Insurance Corporation (unlimited). Its subsidiary Vancity Community Investment Bank is a separate CDIC member. |
Comparing protection? Limits apply per member, per category. A credit union with unlimited provincial coverage and a bank with CDIC coverage protect deposits differently — the deposit safety tool shows how.
Frequently asked questions
Where do the fees come from?
From each institution’s listing in FCAC’s Account Comparison Tool, retrieved November 1, 2026. Every account links to its full fee schedule and the institution’s product page.
Can I share a comparison?
Yes. The page address updates with your selection, so you can copy and share the link.
Why does the yearly cost change when I change the usage?
Accounts with transaction limits, per-use fees or balance waivers cost different amounts for different people. The yearly cost is worked out by the same engine as the account finder.
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.