No fee everyday banking
Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.
Canadian credit cards charge 19.99%–24.99% interest. Even a $5,000 balance can take over a decade to pay off with minimum payments. This calculator shows the real cost and the fastest path to zero.
Most Canadian credit cards require a minimum payment of 2%–3% of your balance or $10, whichever is greater. At 19.99% interest, paying only the minimum on an $8,500 balance takes over 30 years and costs more than $14,000 in interest.
Once you know your numbers, start acting on them. KOHO offers free banking with no monthly fees. Use code BREMO2026 for a bonus when you open your account.
Open KOHO Free — Code BREMO2026