Banks charges monthly fees from $2 to $15 to maintain a bank account. As a financial advisor, it is best to find accounts that minimizes these useless fees.

Updated: March 26, 2014 at 2:15 AM

TD Bank Every Day Chequing Account

TD Bank Every Day Chequing Account seems offer lowest minimum $2 500 to waive their fees, compared to all the bank accounts.

However, when I bank at TD, I had issues with their automated banking system that these Personal Reps do not care to investigate into. Another thing you will notice is that down town Toronto bankers work more professional and are more courteous than the ones outside down town.

http://www.tdcanadatrust.com/products-services/banking/accounts/chequing-accounts/everyday.jsp

Verdict: Recommended

Categories: No fee bank account

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Updated: March 27, 2014 at 7:49 AM

Scotiabank Chequing accounts

Scotiabank also offers plenty of no fee chequing accounts as long as you maintain a monthly minimum. I find scotiabank teller to be much friendlier and easier to work with.

http://www.scotiabank.com/ca/en/0,,11,00.html


Verdict: Recommended

Categories: No fee bank account

Tags: