Chequing Account CAD CDIC Insured
National Bank of Canada

The Minimalist® Chequing Account

A no-frills package covering your basic banking needs with 18 digital transactions per month.

Interest rate 0%
Monthly fee $3.95/mo
Transactions 18/month
Minimum deposit $0
CURRENT OFFERS

Promotions and account value

Additional promotion

Special Pricing: $0/mo for Youth (0-24), Seniors 65+ with GIS, RDSP beneficiaries, Indigenous peoples, and Newcomers (first year).

EARNINGS

Rates and interest details

Rate option 1 0%
Compounding
Monthly
Calculation
Daily Closing Balance
COSTS

Fees and account limits

Monthly fee$3.95/mo
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactions18/month
Bundled productNot specified
ACCOUNT EXPERIENCE

Features and benefits

Free Interac e-Transfers

Interac e-Transfers count towards the 18 digital transactions limit.

CDIC Insured

Eligible for CDIC Insurance.

WHO CAN APPLY

Eligibility and access

Minimum age14+
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified

CDIC Insured: Eligible for CDIC Insurance.

Students Youth Seniors Newcomers
COVERAGE

Registration, networks and availability

Registration options

  • NONREGNon-Registered
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with National Bank of Canada before opening the account.

Product information last reviewed or updated Mar 12, 2026.