Alterna SavingsSavings
Alterna Savings · Savings
No monthly fee with 1 transactions included, 0.05% interest.
Monthly feeNone
Transactions included1
Interest rate0.05%
Minimum to open$0
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
- 1 transactions a month
- Interac e-Transfers
- Not included
- Fee per e-Transfer beyond that
- $1.20
- ATM outside the network
- $2.00
Interest
- Posted rate
- 0.05%
- What the rate depends on
- Tiered: 0.05% on $0.01 to $5,000; 0.35% above $5,000. Calculated on daily closing balance, paid monthly.
Who can open it
- Minimum to open
- $0
- Membership share
- $15 refundable, credit unions only
- Where you can open it
- Any Ontario resident
Deposit protection
- Insured by
- Financial Services Regulatory Authority of Ontario (FSRA), up to the maximum amount covered by FSRA
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.alterna.ca
- Fees and terms
- Published fee schedule
Notes
One free debit transaction per month. No minimum balance required.
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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.