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Free Canadian money tool

Is that bank bonus actually worth the switch?

Compare the headline offer with account fees, cash tied up in a minimum balance, estimated taxes and the value of your time. Your entries stay in this browser.

Your switching assumptions

Use the offer terms and your own realistic costs.

$
$
Use a conservative cash value.
$
$
Enter 0 if no balance waiver applies.
%
What the minimum balance might earn elsewhere.
%
Set your own assumption; treatment varies.
$

How to use the result

What the estimate does not include

Credit checks, foreign-exchange costs, overdraft charges, lost account history, changes to deposit insurance coverage, promotional-rate changes or the personal value of branch access and customer support may affect your decision.