Free planning tool · Canada

Will switching bank accounts actually save you money?

Compare monthly fees, a confirmed incentive, direct switching costs and the value of your time. See the estimated outcome before you move a single payment.

Private by design — your entries stay in this browser

Your assumptions

$
What you normally pay now.
$
Use the fee after any temporary waiver.
$
Enter only an offer you expect to qualify for.
$
Cheque orders, transfer fees or lost discounts.
hours
Include payroll and bill updates.
$
A planning value, not necessarily your wage.

How to use the result

  1. Run the estimate without an incentive to test the account’s ongoing value.
  2. Add only unavoidable switching costs and a realistic value for your time.
  3. Before switching, confirm deposit protection, service access, minimum balances and every condition attached to an offer.