Your bank charges you $15/month for nothing. These accounts are 100% free AND give you $175+ in signup bonuses. It takes 10 minutes.
The go-to for Canadian students. No fees, no credit check, free credit score building, and up to 5% cash back. Use it for groceries, textbooks, everything.
Unlimited cash back at partner stores. Great for students who shop at places like Hudson's Bay, Sport Chek, and Staples.
TD, RBC, BMO, and Scotiabank charge $4–$17/month for basic chequing accounts. That's up to $200/year in fees — for nothing. KOHO and Neo are completely free, give you higher interest on savings, and pay you to sign up.
The math is simple: switch to free accounts, pocket $175+ in bonuses, and never pay bank fees again.
KOHO and Neo don't require Canadian credit history. If you just arrived in Canada for school, these are the fastest way to start banking and building your credit score.