Skip to main content




Break Away From Everyday Banking Fees

  2 minute read


father and son

Get that ‘good deal’ feeling everyday. Maximize the value of your bank account by saving hundreds of dollars every year.  

The average fees for a bank account in Canada are approximately $200* each year! The fees are normally automatically withdrawn from your account each month. Instead of paying fees, that $200 should be working hard and rewarding you.  

It’s important to make decisions every day to grow and preserve your wealth. Make everyday banking part of those decisions! Make the easy switch to a free bank account!  

An easy decision 

With hundred of extra dollars each year you could be contributing more to your RRSPs each month, treating the kids to a family outing or doing something nice for yourself. Whatever you decide, your hard-earned dollars should be for you, not for fees!  

Free day-to-day banking comes with many benefits: 

Free and unlimited transactions every month 

From new hockey equipment, an extra dinner out to celebrate friends to a weekend getaway – life always has so much to offer. It’s important to enjoy all that life has to give for ourselves and for our families. The last thing you should worry about is the number of Interac e-Transfers® you have used this month or counting the number of times you tapped your debit card when you are enjoying life.  

With the Simply Free Account®, you get unlimited transactions including withdrawals, bill payments, access to over 4,500 ding-free® ATMs across Canada and more! You don’t have to pay more to get more. Take back your fees and have your bank account work for you.   

Budget help 

Receive a free monthly e-statement and view cheque images through online banking. This can help with tracking spending, budget planning and planning for the future. And here’s 11 more ways to stick to your budget.   

Worry-free planning  

You never have to worry about your bank fees increasing because there are none! This makes budgeting each month and financial planning every year much easier.   

Changing bank accounts doesn’t have to be a hassle.  

Once you open your Simply Free Account, use ClickSWITCH® to transfer your automated payments and deposits at other financial institutions to your Simply Free Account®.   

It’s that easy! Make the switch today! 

*Average monthly fees are based on products with comparable features at major Canadian banks as at August 25, 2021