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Accounts

Additional Account Options 

Part of our low cost no cost commitment 

Banking that fits your life 

Whether you're looking for low-cost banking with added flexibility or specialized accounts for students and youth, we offer three smart chequing account options: 

Basic Chequing

.

$4/month
  • 20 day-to-day transactions included monthly
  • FREE digital statements and cheque images
  • Cheque writing privileges included  
  • Fee waived for seniors2, including those receiving GIS, RDSP beneficiaries, youth, students, and newcomers to Canada3 
  • No Minimum Balance

Youth Start Chequing  

youth 18 and under

No monthly fee
  • 30 day-to-day transactions included
  • FREE paper and digital statements
  • Perfect first account to build banking habits
  • No Minimum Balance

Student Life Chequing1

for post-secondary students 

No monthly fee
  • Unlimited day-to-day transactions
  • FREE digital and paper statements
  • Proof of enrollment required annually
  • Designed for busy student life
  • No Minimum Balance

Ready to get started?  

These accounts can only be opened at an authorized Alterna Bank location. 

Find an authorized location


Offered as part of the Commitment on Low-Cost and No-Cost Accounts.

Compare accounts across Canadian financial institutions using the
FCAC Account Comparison Tool.

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1 Student Life Package eligibility: to retain eligibility, you must provide proof of continued enrollment in post-secondary education by your account anniversary each year; failure to do so may result in your account being switched to the Basic package.

2 Discounted Fee for Seniors: If you’re 59 or older, you’ll start receiving a reduced fee beginning the month after your 59th birthday.

3 Newcomers are only eligible for a free account for their first year in Canada.

CS Alterna Bank is a member of Canada Deposit Insurance Corporation (CDIC).

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