Power Checking
Your checking account plays a big role in your financial picture, so it needs to fit your goals. The Power Checking account provides the convenience of a mobile banking app and gives you the power to earn a higher interest rate. Direct deposit is required to qualify for higher interest rates.
Chequing Features
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Apply By Phone
1-877-837-4481
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Annual Interest Rate
3.51%
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Paperless Statements
Yes
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Transaction Fees
limited
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Monthly Fee
No
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Deposit Insurance
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Account Opening Bonus
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Overdraft Protection
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Chequing FAQ
What is a basic checking account?
This is for people who just use a checking account to pay some bills and perhaps use a debit card to pay some daily expenses. Some basic accounts require direct deposit or a minimum balance to avoid monthly “maintenance” fees. You may be limited to a certain number of checks per month; exceed that number and you’ll pay a “per item” fee for each additional check you write. You don’t want to maintain a high balance in these accounts because you won’t be paid interest.
