Best online banks and credit unions in Canada for 2024

1 As a new customer, can I apply for a chequing account digitally? desktop desktop desktop ✘ desktop desktop ✘ desktop desktop desktop desktop desktop desktop desktop desktop ✘ desktop desktop desktop desktop mobile desktop desktop See the full Surviscor review 2 As a new customer, can I apply for an everyday savings account digitally? desktop desktop desktop ✘ desktop desktop ✘ desktop ✘ desktop desktop desktop desktop desktop desktop desktop desktop desktop desktop mobile desktop desktop See the full Surviscor review 3 As a new customer, can I apply for a TFSA, RRSP, or FHSA registered account digitally? desktopTFSA, RRSP ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ desktopTFSA ✘ desktopTFSA, RRSP desktopTFSA, RRSP desktopTFSA, RRSP desktopTFSA, RRSP ✘ ✘ ✘ ✘ desktopTFSA, RRSP ✘ mobileTFSA, RRSP ✘ ✘ See the full Surviscor review 4 As a new customer, can I apply for a personal loan digitally? ✘ ✘ desktop ✘ ✘ desktop desktop ✘ ✘ ✘ ✘ ✘ ✘ ✘ desktop desktop ✘ ✘ ✘ desktop ✘ ✘ ✘ ✘ See the full Surviscor review 5 As a new customer, can I apply for a pre-approved mortgage digitally? desktop ✘ desktop ✘ desktop desktop ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ desktop desktop ✘ desktop ✘ desktop desktop mobile desktop ✘ See the full Surviscor review 6 Are unlimited transaction chequing account(s) available? And if so, what is the monthly cost? Free $14.00 $9.95 / $0 if > $1,000 balance $14.00 / $0 if > $5,000 balance $16.95 / $0 if > $5,000 balance $16.95 / $0 if > $5,000 balance Free Free $15.95 / $0 if > $4,000 balance Not Available $14.75 $10.00 / $0 if > $4,000 balance $19.00 / $0 if > $5,000 balance Free Free $15.95 / $0 if > $5,000 balance Not Available $11.95 $30.95 / $0 if > $10,000 balance $25.00 / $0 if > $5,000 balance Free Free $16.95 / $0 if > $4,000 balance $9.75 / $0 if > $3,000 balance See the full Surviscor review 7 Am I charged for transactions in a non-registered savings account? 2 free/month, $0.80 per 2 free/month, $0.90 per $1.50 per Interac out 1 free/month, $5.00 per Interac, $0.70 per non-Interac No transactions $5.00 per 2 free/month, $1.50 per Interac, $5.00 per non-Interac $5.00 per $1.25 per ✘ Free $1.00 per $1.00 per, $0 if > $1,000 balance 1 free/month, $1.00 per Interac 2 free/month, $1.00 per $1.25 per Interac out $1.25 per Interac, $5.00 per non-Interac ✘ Free 1 free/month, $1.00 per Interac, $2.00 per non-Interac $1.00 per Interac, $1.25 non-Interac 1 free/month, $1.50 per Not Available ✘ Free 1 free/month, $3.00 per 1 free/month, $0.90 per Interac, $5.00 per non-Interac See the full Surviscor review 8 Are unlimited transaction savings account(s) available? And if so, what is the monthly cost? ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ Maximum $250,000 ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 9 Can I receive discounted fees as a student? ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 10 Can I receive discounted fees as a senior? ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 11 Can I receive discounted fees as a newcomer to Canada? ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 12 Can I access my account balances without actually logging in to my account? mobile mobile mobile mobile ✘ ✘ mobile mobile mobile ✘ mobile ✘ mobile mobile mobile ✘ ✘ mobile mobile mobile ✘ ✘ mobile mobile See the full Surviscor review 13 Can I access my past digital login dates and times, device used, and activities performed? date/timedesktop shows device too date/timedesktop shows device ✘ date/time/device date/time/device date/time date/time/device desktop date/time date/time ✘ desktopdate/time date/time/device ✘ ✘ ✘ ✘ desktop desktop ✘ date/time desktop date/time/device See the full Surviscor review 14 Can I pay multiple bills at once? desktop ✘ desktop desktop ✘ desktop desktop desktop desktop desktop desktop ✘ desktop desktop desktop desktop desktop desktop desktop See the full Surviscor review 15 Can I transfer money to a bank account at another banking institution? desktop ✘ ✘ ✘ ✘ desktop desktop mobile desktop ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 16 Can I wire transfer money to another country? ✘ desktop ✘ desktop ✘ ✘ ✘ ✘ mobile ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 17 Can I set-up a future-dated Interac transfer? ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 18 Can I set-up a recurring Interac transfer? ✘ ✘ ✘ ✘ ✘ if recipient has auto-deposit ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ if recipient has auto-deposit ✘ ✘ ✘ See the full Surviscor review 19 Can I ask for money from a friend using Interac’s Request Money feature? ✘ ✘ ✘ ✘ ✘ mobile ✘ ✘ desktop ✘ See the full Surviscor review 20 Can I setup and manage alerts to be notified when one of my cards is used? ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 21 Can I setup and manage alerts to be notified when there is irregular activity in my account? ✘ ✘ desktop ✘ ✘ ✘ mobile ✘ ✘ ✘ desktop ✘ ✘ desktop ✘ ✘ ✘ See the full Surviscor review 22 Can I use account analytics and budgeting tools? ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 23 Can I correspond with the banking institution using a secure two-way messaging centre once I’m loged-in? ✘ ✘ ✘ ✘ ✘ ✘ desktop ✘ ✘ desktop ✘ ✘ ✘ See the full Surviscor review 24 Can I interact with the banking institution using a non-robot, human-based, chat service once I’m logged-in? desktop ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ See the full Surviscor review 25 Average expected response time to a non-social digital enquiry prior to logging in (1) (2) 98.18 hours 68.63 hours 43.55 hours 115.75 hours No e-service method of contact No e-service method of contact 74.78 hours 6.75 hours 6.12 hours 60.63 hours 75.80 hours 67.37 hours 102.10 hours 82 hours 60.60 hours 39.67 hours No e-service method of contact No e-service method of contact No e-service method of contact 7.32 hours 6.88 hours No e-service method of contact No e-service method of contact 32.32 hours See the full Surviscor review