Skip to main content
transparent-marquee.png

FREE CHEQUING - SIMPLY FREE ACCOUNT®

Unlimited transactions, FREE Interac e-Transfer® and no monthly fee.

 

Is this chequing account right for you?

 Right for you if:

  • You make regular transactions, bill payments and transfers
  • You don't want to pay fees for day-to-day banking

 It might not be right for you if:

  • You want to earn interest
  • You make purchases in US Dollars

 

Simply Free Account® Details*

$0 monthly fee

FREE day-to-day banking including:

  • FREE unlimited Interac e-Transfer®
  • FREE unlimited debit card transactions
  • FREE unlimited withdrawals
  • FREE unlimited bill payments
  • FREE unlimited cheque clearing
  • FREE unlimited pre-authorized payments and deposits
  • FREE unlimited electronic transfers between your Valley First accounts
  • FREE unlimited THE EXCHANGE® & ACCULINK® ATM withdrawals

Plus, free monthly eStatement available in online banking.

No interest is paid on this account

Account fees

*Product terms, features and fees are subject to change, and we will provide appropriate notice as applicable and as may be required. Transactions over what the monthly package allows and any additional banking services you use may incur a fee. View Personal Service Fees to see our account & service fees.

View Account Terms and Conditions (PDF)


Included with all personal accounts


computer monitor icon with a security lock showing

Manage your money anytime and from anywhere.

numbers 24/7 written in a circle

Stay informed on account activity with instant account alerts.

 

From November 1, 2021, to November 21, 2021, the members of First West Credit Union voted on special resolutions that, among other things, authorize First West to apply to become a federal credit union under the Bank Act. If First West becomes a federal credit union, it will automatically become a member of the Canada Deposit Insurance Corporation (CDIC) and Credit Union Deposit Insurance Corporation of British Columbia deposit insurance will no longer apply. See attached Notice for further detail on what this change means to your deposits with First West.
 

A lot. Other banks might charge you up to $200*/year for account fees plus transaction fees, but here you won't pay a monthly account fee or for your day-to-day chequing transactions like all of the ones below:

  • FREE unlimited Interac e-Transfer®
  • FREE unlimited debit card transactions
  • FREE unlimited withdrawals
  • FREE unlimited bill payments
  • FREE unlimited cheque clearing
  • FREE unlimited pre-authorized payments and deposits
  • FREE unlimited electronic transfers between your Valley First accounts
  • FREE unlimited THE EXCHANGE® & ACCULINK® ATM withdrawals

*Average monthly fees are based on products with comparable features at major Canadian banks as at June 20, 2023.

Transactions over what the monthly package allows and any additional banking services you use may incur a fee. View Personal Service Fees to see our account & service fees.

​​When you join our credit union you are a member, not a customer, and that makes all the difference. Our members are our owners and have an equal say in how our credit union operates, no matter their balance. ​​

By opening a Simply Free Account®, you become a member and hold membership shares.To open an account, you need to be a resident of British Columbia and at least 19 years of age.

You can open your account online in just a few minutes, be sure to have the required ID ready. If you'd prefer to speak to us, our advisors are ready when you are. Call us at 1-888-597-8083 or visit a branch to get started.

Not sure if this account is right for you?

We can help. Visit a branch or call us at 1-888-597-8083, and let's find the right solution together.

 

MAKE EVERY DAY YOUR PAY DAY WITH BIGCHANGE

Automate your savings! Every time you use your debit card to make a purchase, BIGChange® will round it up to the nearest dollar and transfer the additional amount to your savings account.