Alterna BankChequing
Alterna Bank · Chequing
No monthly fee with unlimited transactions, 0.05% interest.
Monthly feeNone
Transactions includedUnlimited
Interest rate0.05%
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
- ATM network
- THE EXCHANGE Network, over 3,300 surcharge-free ATMs in Canada, plus about 40,000 U.S. ATMs via the Allpoint Network
Interest
- Posted rate
- 0.05%
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 day-to-day transactions, cheques and Interac e-Transfers with no minimum balance; no effective date is published on the rates page.
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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.