Newton is Surrey's most diverse neighbourhood and one of Canada's largest South Asian commercial hubs. Here are the best banks for Newton residents in 2025.
Newton sits in south-central Surrey around 72nd Avenue and King George Boulevard. Home to a vibrant Punjabi-speaking community, dozens of South Asian businesses, and growing residential density. Several major banks operate Newton branches with multilingual staff including Punjabi, Hindi, and Tagalog speakers.
No monthly fees, 1% cash back on groceries and bills, up to 5% back on select categories. Free Mastercard included. Best for everyday spending and saving. Use code 45ET55JSYA for a bonus.
3.00%+ interest on savings with no monthly fees. EQ Bank Personal Account earns interest on every dollar. Great for Newton Surrey residents building a home down payment.
Fraser Valley's top credit unions. Member-owned, competitive rates, strong community ties. Strong Punjabi-speaking staff at many Prospera CU and local credit union branches in Newton. Branches throughout Newton Surrey and surrounding areas.
Strong local branch presence in Newton Surrey. TD offers the Every Day Chequing Account ($10.95/mo) and premium accounts. Good for newcomers who want in-person service.
Canada's largest bank. Strong in Newton Surrey with full mortgage, investment and small business services. Advantage Banking $11.95/mo.
StartRight program for newcomers to Canada. Strong in diverse communities. Newton Surrey branches offer multilingual service. Basic Plus account $11.95/mo.
In one of BC's fastest-growing communities, save on banking while you save for a home. KOHO has no monthly fees and cash back on everyday purchases. Use code 45ET55JSYA for a sign-up bonus.
Get KOHO Free — Use Code 45ET55JSYANewton's TD, RBC and Scotiabank branches often have Punjabi, Hindi and Tagalog-speaking staff. Scotiabank's StartRight newcomer program is especially popular here for new immigrants and international students. TD's South Asian community banking team operates in Newton.
Newton's 72nd Ave commercial strip has numerous South Asian-owned businesses. BDC, RBC and TD all offer small business banking with local advisors who understand the community. Prospera CU's business accounts are competitive for small businesses.
Newton has some of Surrey's most affordable detached homes, with prices ranging $900K–$1.4M. First-time buyers should compare Prospera CU and big bank mortgage rates. Use KOHO to save fees while building your down payment.
Yes. TD, RBC, Scotiabank and several credit unions have Punjabi and Hindi-speaking staff at Newton branches. Call ahead to confirm availability.
TD, RBC, Scotiabank, BMO, CIBC, Prospera Credit Union and Coast Capital Savings all have branches in or near Newton's commercial core.
Scotiabank and TD both offer international wire transfers. For lower fees, KOHO paired with a service like Wise is often cheaper for international remittances.