*eChequing Accounts and rates are only available for purchase online.

^Offered as part of the Commitment on Low-Cost and No-Cost Accounts from the Financial Consumer Agency of Canada (FCAC) across Agency branches only.

**Interest rate is annualized and subject to change without notice. Interest is calculated daily on the closing balance and paid monthly. $1,000,000 maximum balance (plus accrued interest).

¹Includes: Withdrawals, Transfers, Interac® e-Transfers, Me-to-Me Transfers, Bill Payments, Cheques, Pre-authorized payments, Debit card payments (POS), Alterna and THE EXCHANGE Network ATM withdrawals and transfers.

²Fee waived for seniors receiving GIS, RDSP beneficiaries, youth, students, and newcomers to Canada.

³Includes: In-branch withdrawal/transfer, cheque writing, pre-authorized payments/debit (PAP/PAD), Interac® e-Transfers, Bill Payments, External account Transfers, Alterna and THE EXCHANGE Network ATM withdrawals and transfers, ACCEL® and Maestro® Debit Payment (US & International)

⁴Overdraft protection fee is not applicable to Quebec residents. Overdraft fees are in addition to interest charges on the outstanding overdraft amount. Interest will be calculated and debited monthly to your account based on the final daily indebtedness in the account throughout the calendar month. Interest rates set by Alterna Bank will apply both before and after the Overdraft Protection service is terminated, and before and after judgment is obtained against you.

⁵Applications via digital banking have a maximum limit of $1,500.

Maximum balance per customer is $250,000 (plus accrued interest).

Click here for our FAQs on Account Limits.