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MONEY ADVICE 


What Would You Do With $200?

 2 minute read


father with son


Did you know that by switching to a free bank account you could save hundreds of dollars?  

An easy switch can put dollars back in your pocket. The average fees for a bank account in Canada are approximately $200* each year! It is likely that you have had the same bank account for many years. Maybe it’s the account your parents set up for you when you got your first paper route or babysitting job. Perhaps it’s the account you and your spouse first opened together. No matter how or when you chose the account, it has probably been withdrawing a fee each month that has been adding up to hundreds of dollars a year.  

It’s time to get more from your bank account. It’s time to go on a family adventure, treat your partner to a romantic dinner or simply grow your savings account. An extra $200 a year can go a long way and add more ease to your life!   

Switch your account today and save hundreds of dollars!  


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

Free and unlimited transactions every month
Whether you are meeting up with a friend for coffee, taking the kids to hockey practice or heading out on a fishing adventure—life moves fast and there is always a lot going on. 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. 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!  

Budget help 
Receive a free monthly e-statement and view cheque images through online banking. This can help with tracking spending and budget planning. 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 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®. We make it that easy to flip the switch.  

You can save hundreds of dollars a year, starting right now! Make the switch today! ​

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

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