Free Canadian chequing accounts with no minimum balance | General comparisons | Discussion forum
December 12, 2009
I wanted to let everyone know that I have updated the "free, Canadian chequing accounts with no minimum balance*" chart with additional details and filled in a number of blanks. They only thing we are really missing is the availability for Quebec residents, but this can be added later.
I've also officially published it on the web (nice feature within Google Docs!), in an HTML format without the Google Docs toolbar to give it a more polished look.
Please feel free to suggest any changes (or additions, as new regionally- or nationally-available products are launched). Changes can be suggested by replying to this thread or directly to either Peter, Yatti or myself via private message/e-mail.
In the case of credit unions, generally, proof of provincial residence and/or mailing address is required and you may be required to physically attend a branch (however, Coast Capital Savings only requires a B.C. address, the account opening can be done virtually).
short link: http://goo.gl/xUQmQ
Additionally, I've suggestion to Peter that we link to this chart from the main "highinterestsavings.ca" home page, either in the top menu bar or in the page footer as well as here.
* Note: ICICI Bank Canada's HiVALUE Chequing account technically requires as a minimum balance of $500 to waive the monthly fee, but as that is the lowest threshold in Canada, we've included it in this chart. Similarly, officially, Canadian Direct Financial's (part of Canadian Western Bank) KeyDirect Chequing account requires the holder to hold a $5000 KeyReturn GIC or $5000 minimum balance, CDF staff have told highinterestsavings.ca webmaster Peter they have unofficially & quietly started offering this account for free with no minimum balance "to remain competitive in the marketplace". Accordingly, we've included it in this chart as well.
Thanks a lot Doug! I've embedded it into this page now:
In the future, we should consider migrating it onto this site itself!
December 12, 2009
Great job on integrating the recently-published "Free chequing accounts" chart into the "highinterestsavings.ca" website, via an iframe or what have you and a link to it in the top "menu bar", while still keeping it updated via Google Docs. It actually looks pretty good as it is and allows myself & Yatti to update it from time to time, as required.
The only other thing I'd suggest is perhaps maybe a direct link to the new chart from the "Free chequing accounts comparison" article by user Leah a few years ago?
Beyond that, great job too, Peter!