Alterna BankSavings
Alterna Bank · Savings
No monthly fee with unlimited transactions, 1.05% interest.
Monthly feeNone
Transactions includedUnlimited
Interest rate1.05%
Deposit insuranceInsured
Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- None
What is included
- Transactions each month
- Unlimited transactions
- Interac e-Transfers
- Included with no separate fee
- Fee per e-Transfer beyond that
- $0.00
Interest
- Posted rate
- 1.05%
- What the rate depends on
- Maximum balance of $250,000 per customer plus accrued interest
Who can open it
- US dollar account
- No
Deposit protection
- Insured by
- CDIC
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.alternabank.ca
- Fees and terms
- Published fee schedule
Notes
Free unlimited bill payments, transfers, debits and Interac e-Transfers; no cheque clearing; TFSA and RRSP eSavings also pay 1.05%.
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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.