President's Choice Financial|accounts and products|daily banking|no fee bank account

no fee bank account no fee bank account

FREE daily banking. FREE groceries. 0 catches. Switch and you could save close to $150 a year.¹

are you paying more than $0?

Take a good look at what you're currently paying your bank. Do you pay a monthly flat fee, or fees after a certain number of transactions? With the President's Choice Financial^® no fee bank account², you get free unlimited daily banking. Period. You don’t have to keep a minimum balance. And you even earn interest on whatever balance you have.

banking transactions	President's Choice Financial no fee bank account	average monthly fee for unlimited chequing account packages offered by the five leading traditional banks
daily banking fees per month	$0	$12.15 per month
total per year	$0	$145.80 per year

open a President’s Choice Financial no fee bank account today and pay $0 for:

free daily banking – online and by phone, 24/7
free transactions at 3,700 President’s Choice Financial and CIBC bank machines
unlimited cheques and free chequing
free bill payments
free Interac^® Direct Payments
free online access to your monthly statements (statements can be mailed to you for a small charge)
free cheques and chequing
free groceries and more when you use your President’s Choice Financial bank card and earn PC points⁴ at participating stores where President’s Choice^® products are sold

add overdraft protection for peace of mind

Protect yourself from unexpected, temporary cash shortages. With overdraft protection, you don't have to worry about bouncing a cheque or not having quite enough money in your account. Add overdraft protection and make NSF (Non-Sufficient Funds) charges a thing of the past!

qualify for limits up to $5,000
you only have to qualify once
a minimum charge will apply when you use the service, and a fixed interest rate will apply on overdraft balances
if you do use your overdraft, just bring your account balance over zero at least once a month

see how much you could save with President’s Choice Financial services!

Use our handy daily banking & savings calculator to see how free daily banking + great rates + PC points can add up to big savings, free groceries and more.


	earn PC points just for doing your everyday banking — for example, keep an average monthly balance of $1,000 or more in your no fee bank account and earn PC points

¹ Bank account savings calculated by comparing President’s Choice Financial no fee bank account with the monthly fee average of $12.15 for typical flat fee, no limit transaction account packages offered by the five leading traditional banks as of February 17, 2010. Fees vary by bank. Some banks may waive monthly fees based on amount on deposit. Example is for illustrative purposes only and is based on current bank offers. Actual savings over time will depend on prevailing fees.
² The President’s Choice Financial no fee bank account is currently unavailable in Quebec.
³ Minimum redemption 20,000 PC points (worth $20 in free rewards) and in increments of 10,000 PC points thereafter. Some redemption restrictions apply. See pcpoints.ca for details and for ways to earn and redeem PC points with the no fee bank account. PC points are redeemable at participating stores where President’s Choice products are sold.
⁴ Interest is calculated on the balance of your account at the end of each day and is paid into your account monthly.
^® PC, President’s Choice, PC Financial, President’s Choice Financial and Fresh Financial Thinking are registered trademarks of Loblaws Inc.
^® Interac is a registered trademark of Interac Inc.
CIBC a licensee of the marks. All other trademarks are property of Loblaws Inc.