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Compare Senior Accounts

CIBC SmartTM for Seniors with a CIBC Smart Account
$0
Minimum Balance
$10
Monthly Fee
Experience has its benefits when you turn 65, automatically eligible for the perks of CIBC Smart for Seniors. Includes $4.95 monthly fee discount
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CIBC SmartTM for Seniors with a CIBC Smart Account
Account Details
Account Type: Senior
Bank/Credit Union Name: CIBC
Key Infos

CIBC Smart for Seniors offers A lower monthly fee on your chequing account and get benefits and more with CIBC Smart for Seniors. Clients aged 65 and older will automatically be enrolled in CIBC Smart for Seniors so you get benefits that apply to
your existing or new eligible account:


• $4.95 monthly fee discount
• Free bank drafts and money orders*
• $5.00 off the annual rental of a safety deposit box
(any size) 

CIBC Smart for Seniors with a CIBC Smart Plus Account
$0
Minimum Balance
$25
Monthly Fee
When you turn 65, you are automatically eligible for the perks of CIBC Smart for Seniors.
$4.95 monthly fee discount
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Open Account
CIBC Smart for Seniors with a CIBC Smart Plus Account
Account Details
Account Type: Senior
Bank/Credit Union Name: CIBC
Key Infos

CIBC Smart for Seniors offers A lower monthly fee on your chequing account and get benefits and more with CIBC Smart for Seniors.  Clients aged 65 and older will automatically be enrolled in CIBC Smart for Seniors so you get benefits that apply to CIBC Smart Plus Account:

• Includes $4.95 monthly fee discount
• A premium CIBC credit card with annual fee rebates
• Free personalized cheques and paper statements

CIBC Smart for Seniors with a CIBC Everyday Chequing Account
$0
Minimum Balance
$0
Monthly Fee
Experience has its benefits
When you turn 65, you are automatically eligible for the perks of CIBC Smart for Seniors.
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Open Account
CIBC Smart for Seniors with a CIBC Everyday Chequing Account
Account Details
Account Type: Senior
Bank/Credit Union Name: CIBC
Key Infos

CIBC Smart for Seniors offers A lower monthly fee on your chequing account and get benefits and more with CIBC Smart for Seniors.  Clients aged 65 and older will automatically be enrolled in CIBC Smart for Seniors so you get benefits that apply to CIBC Everyday Chequing Account:

$3.90 monthly fee discount
• Free bank drafts and money orders
• Free online cheque viewing

RBC VIP Banking - Senior
$0
Minimum Balance
$22.5
Monthly Fee
An all inclusive package that covers multiple bank accounts including unlimited transactions, a free premium Visa card and much more.
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RBC VIP Banking - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: RBC
Key Infos

RBC VIP Banking offers unlimited transactions, credit card rebates and other premium features like :

  • Snap a Photo. Pay Your Bills. Use the RBC Mobile app to add a payee simply by taking a photo, and pay your bills.
  • Use Your Account as Often as You Need
  • No Need to Wait. Use Other Bank’s ATMs
  • Pay Your Friend Back with Interac e-Transfer
  • Link your card and instantly save 3¢/L on fuel and always earn 20% more Petro-Points at Petro-Canada locations.
  • Multiple Accounts Without Borders (Up to 2 additional Canadian dollar and 1 additional U.S. dollar accounts).
  • Get Credit Where Credit is Due (Up to $120 rebate on the annual fee of an eligible credit card)

Get $300 When You Open an RBC VIP Banking Account

 Offer Ends January 31, 2020

RBC Signature No Limit Banking - Senior
$0
Minimum Balance
$11.95
Monthly Fee
An all inclusive banking account designed for customers with more complex financial management needs, including unlimited transactions, 3 Interac withdrawals, 2 cross border debits and much more.
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RBC Signature No Limit Banking - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: RBC
Key Infos

An all inclusive banking account designed for customers with more complex financial management needs, including unlimited transactions, 3 Interac withdrawals, 2 cross border debits and much more

  • Up to $39 rebate on the annual fee of an eligible credit card.
  • Use Your Account as Often as You Need (Unlimited debits in Canada)
  • No Need to Wait. Use Other Bank’s ATMs (Interac access fees at non-RBC Royal Bank ATMs. 3 refunded / month, $2.00 each thereafter )
  • Unlimited Interac e-Transfer to Pay your friend.
  • Peace of Mind (No monthly overdraft protection fee)
  • Link your card and instantly save 3¢/L on fuel and always earn 20% more Petro-Points at Petro-Canada locations.

Get $300 When You Open an RBC Signature No Limit Banking Account

Offer Ends January 31, 2020.

RBC No Limit Banking - Senior
$0
Minimum Balance
$0
Monthly Fee
A banking account that offers the freedom of unlimited transactions.
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RBC No Limit Banking - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: RBC
Key Infos

RBC No Limit Banking offers the freedom of unlimited transaction.

  • Use Your Account as Often as You Need (Unlimited debits in Canada)
  • Unlimited Interac e-Transfer to Pay your friend.
  • Link your card and instantly save 3¢/L on fuel and always earn 20% more Petro-Points at Petro-Canada locations.
  • Save on Fees (Save on your monthly fees with our MultiProduct Rebate)

Get $100 When You Open an RBC No Limit Banking Account

Offer Ends January 31, 2020.

RBC Day to Day Banking - Senior
$0
Minimum Balance
$0
Monthly Fee
A basic banking account that offers value and convenience to those with less than 15 transactions per month.
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RBC Day to Day Banking - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: RBC
Key Infos
A basic banking account that offers value and convenience to those with less than 15 transactions per month.
  • Use Your Account as Often as You Need (12 debits / month; $1.25 each thereafter)
  • Unlimited Interac e-Transfer to Pay your friend.
TD All-Inclusive Banking Plan - Senior
$0
Minimum Balance
$22.45
Monthly Fee
Unlimited transactions and premium banking benefits.
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TD All-Inclusive Banking Plan - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: TD Canada Trust
Key Infos
Experience premium banking benefits with TD's All-Inclusive Banking Plan. Save on monthly fees on your chequing account, annual fees on select credit cards, and experience premium banking perks, like a small safety deposit box and personalized cheques, at no extra cost.

What's in it for you?
  • Get monthly fee rebates if you keep $5000 at the end of each day of the month2
  • Annual credit card fee rebate on select TD credit cards3
  • No TD fees at TD ATMs or Foreign ATMs
TD Unlimited Chequing Account - Senior
$0
Minimum Balance
$11.95
Monthly Fee
Peace of mind that comes with unlimited transactions
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TD Unlimited Chequing Account - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: TD Canada Trust
Key Infos

Peace of mind comes with unlimited transactions. Enjoy unlimited everyday banking with a TD Unlimited Chequing Account.

What's in it for you:
  • No monthly fee if you maintain $4000 or more in your account at the end of each day of the month
  • Access to your money at any ATM in Canada with no TD fee
  • Keep track of your money online or on mobile by using EasyWeb, TD app or the TD MySpend app.
TD Every Day Chequing Account - Senior
$0
Minimum Balance
$8.2
Monthly Fee
A budget-friendly account for everyday banking
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TD Every Day Chequing Account - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: TD Canada Trust
Key Infos
TD Every Day Chequing Account offers no transaction fees on your first 25 transactions in a month, additional transactions are $1.25 each. Free Interac e-Transfer® transactions. Enjoy EasyWeb® View Cheque service, and paperless record keeping or online statements and no monthly fee if you have $3,000 or more in your account at the end of each day in the month.
Performance Plan - Senior
$0
Minimum Balance
$11.95
Monthly Fee
Our most popular account offers unlimited everyday banking transactions for a competitive price.
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Performance Plan - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: BMO
Key Infos
Our most popular account offers unlimited everyday banking transactions for a competitive price. Earn $100 plus access to an exclusive 2.00% savings rate. Enjoy unlimited Interac e-Transfer® transactions and mobile cheque deposit with any BMO plan. $4,000 Minimum balance to waive fee.
Plus Plan - Senior
$0
Minimum Balance
$6.95
Monthly Fee
A lower fee plan that is ideal for those with only moderate transaction needs.
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Plus Plan - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: BMO
Key Infos
The Plus Plan is a perfect lower cost option for those with only moderate transaction needs. It also makes a great first bank account for kids, teens or students, offering 25 transactions per month and no monthly fee for these groups. Requires $3,000 Minimum balance to waive fee.
AIR MILES®† Plan - Senior
$0
Minimum Balance
$11.95
Monthly Fee
Get AIR MILES Reward Miles with unlimited everyday banking transactions, and add additional accounts at no extra fee.
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AIR MILES®† Plan - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: BMO
Key Infos
Get AIR MILES®† Reward Miles on your everyday BMO Debit Card purchases with a BMO AIR MILES Chequing Plan. With multiple ways to get Miles, everyday banking has never been this rewarding! Offers Unlimited Transactions per month.
  • 1 Mile per $30 spent on debit purchases
  • N/A Minimum balance to waive fee 
Practical Plan - Senior
$0
Minimum Balance
$0
Monthly Fee
A low fee chequing account for basic banking needs, including 12 transactions per month
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Practical Plan - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: BMO
Key Infos
The Practical Plan is a low-cost option that offers 12 transactions per month for free for a Senior only. Enjoy unlimited Interac e-Transfer® transactions and mobile cheque deposit with any BMO plan.
  • Free Premium Rate savings account
  • N/A Minimum balance to waive fee
Ultimate Package - Senior
$0
Minimum Balance
$26.95
Monthly Fee
Spend, save, and invest, all from one package
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Ultimate Package - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: Scotiabank
Key Infos

Spend, save, and invest, all from one package. With Senior's discount. No monthly account fee by maintaining a minimum daily closing balance of $5,000 in your Ultimate Package, or a combined balance of $30,000 across your Ultimate Package and your MomentumPLUS Savings Account

Top features:

  • Unlimited debit transactions & Interac e-Transfer transactions
  • Up to $139 annual fee waiver each year on select credit cards
  • Earn up to 2.10% on your MomentumPLUS Savings Account
  • Unlimited free Global non-Scotiabank ABM withdrawals

You could earn $350 cash when you open an Ultimate Package and switch to Scotiabank.
Preferred Package - Senior
$0
Minimum Balance
$11.95
Monthly Fee
Our most popular features packaged for your everyday banking needs.
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Preferred Package - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: Scotiabank
Key Infos
Our most popular features packaged for your everyday banking needs. No monthly account fee by maintaining a minimum daily closing balance of $4,000 for the entire month. With Senior's discount.

Top features:

  • Unlimited debit transactions and Interac e-Transfer transactions
  • First year annual fee waiver (up to $139) on select credit cards
  • Earn up to 2.05% on your MomentumPLUS Savings Account
  • Your choice of SCENETM or Scotia Rewards®

You could earn $300 cash when you open a Preferred Package and switch to Scotiabank.
Basic Plus Bank Account - Senior
$0
Minimum Balance
$6.95
Monthly Fee
A basic account with value-added features.
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Basic Plus Bank Account - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: Scotiabank
Key Infos

A basic account with value-added features. No monthly account fee by maintaining a minimum daily closing balance of $3,000 for the entire month. With Senior's Discount.

Top features:

  • 25 free debit transactions3 per month
  • 10 free Interac e-Transfer transactions per month
Basic Bank Account - Senior
$0
Minimum Balance
$0
Monthly Fee
A basic bank account that covers your minimal financial needs
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Open Account
Basic Bank Account - Senior
Account Details
Account Type: Senior
Bank/Credit Union Name: Scotiabank
Key Infos
Basic Bank Account  offers Senior's Discount. A basic bank account that covers your minimal financial needs. 
  • 12 free transactions  per month.
  • 2 free Interac e-Transfer transactions per month.