Surrey is BC's second-largest and fastest-growing city. With over 600,000 residents and enormous diversity, here are the top banks for Surrey in 2025.
Surrey spans 316 km² with six distinct town centres: City Centre (Whalley), Newton, Guildford, Cloverdale, South Surrey, and Fleetwood. The South Asian community is one of Canada's largest here. SkyTrain's King George and Surrey Central stations anchor the urban core, with the Surrey–Langley SkyTrain extension under construction. Home prices average $1.1M+ for detached, with condos and townhomes from $550K–$900K.
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 Surrey residents building a home down payment.
Fraser Valley's top credit unions. Member-owned, competitive rates, strong community ties. Prospera CU has multiple Surrey branches, especially strong in South Asian business banking. Branches throughout Surrey and surrounding areas.
Strong local branch presence in 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 Surrey with full mortgage, investment and small business services. Advantage Banking $11.95/mo.
StartRight program for newcomers to Canada. Strong in diverse communities. 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 45ET55JSYASurrey's downtown core around Surrey Central SkyTrain. TD, RBC, Scotiabank, Coast Capital all have branches. High density of newcomers means Scotiabank's StartRight program is popular.
One of Canada's largest South Asian commercial hubs. Punjabi-speaking staff at TD, RBC and Scotiabank branches. High foot traffic at 72nd Avenue corridor.
Suburban northeast Surrey near Guildford Town Centre. Prospera CU and big banks all represented. Growing condo market drives first-time buyer demand.
Higher-income demographic. Strong for premium banking, private wealth, and jumbo mortgage services. Home prices often $1.5M–$3M+.
Scotiabank's StartRight program and TD's newcomer package are top choices. Both offer free banking for one year with no minimum balance requirements for new permanent residents.
Yes. Coast Capital Savings (now part of First West Credit Union) has several Surrey branches and is BC's largest credit union by membership.
KOHO has $0/month with no fees at all. EQ Bank is free with 3%+ interest. Both are fully digital with no branch visits needed.
Yes. Prospera Credit Union and Envision Financial (First West CU) both offer competitive mortgage rates for Surrey properties, often beating big bank posted rates.