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Simplii had multiple products highlighted amongst the top in Canada in 2023. Ratehub awarded Simplii’s No Fee Chequing Account the distinction of “Best Chequing Account” for 2023 as part of its annual Personal Finance Awards. [22]
As the bank expanded into online banking, it also grew to offer mortgages, RRSPs, TFSAs, GICs, mutual funds and no-fee chequing accounts. [9] In November 2013, ING Direct Canada claimed over 1.8 million customers, employed almost 1,000 people [ 10 ] and held close to $40 billion in total assets.
President's Choice Financial launched the PC Money Account, a no-fee "debit-like" personal banking service, on September 14, 2020. Unlike its former banking service, which was provided by CIBC, PC Money Accounts are issued directly by President's Choice Bank. [ 5 ]
The Capital One 360 Checking account charges no fees, has no minimum balance requirement and pays interest — the trifecta of bargain checking accounts. It also offers a free debit card, and you ...
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[17] [18] A few months later, in November of 2024, Canada Post confirmed that it had partnered with KOHO to bring back postal banking, by offering chequing and savings accounts. [17] [18] Initially Canada Post employees will be given early access to test the functionality of the accounts offered; with Canada-wide public access planned for 2025 ...
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