SENIOR DISCOUNTS

Best Accounts for Seniors

Enjoy the perks of retirement. Compare accounts offering seniors discounts, free paper statements, and waived monthly fees.

ATB Financial
ATB
Financial
CDIC Insured

ATB Freedom Account

Regional CAD Chequing Account
0.00%
Interest Rate
$0.00
Monthly Fee
Unlimited Transactions Free Interac e-Transfers Overdraft Protection Available Online and Mobile Banking
Special Offer
Joint account holders receive the same benefits even if they are under 59.
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On ATB Financial's secure site

National Bank of Canada
National
Bank
of
Canada
CDIC Insured

The Minimalist® Chequing Account

Canada-wide CAD Chequing Account
0.00%
Interest Rate
$3.95
Monthly Fee
CDIC Insured Free Interac e-Transfers
Special Offer
Special Pricing: $0/mo for Youth (0-24), Seniors 65+ with GIS, RDSP beneficiaries, Indigenous peoples, and Newcomers (first year).
Get Started

On National Bank of Canada's secure site

National Bank of Canada
National
Bank
of
Canada
CDIC Insured

The Total® Chequing Account

Canada-wide CAD Chequing Account
0.00%
Interest Rate
$28.95
Monthly Fee
CDIC Insured Unlimited Transactions Free Interac e-Transfers Mobile Cheque Deposit Overdraft Protection Available
Features: Access to No-Fee ATM Network, Online and Mobile Banking
Earn a $150 Welcome Bonus
Get up to $150 cashback when you get an eligible Mastercard credit card.
Special Offer
Special Pricing: 0-17 pay $18/mo. 18-24 pay $13/mo. Seniors 60+ pay $23.95/mo. Newcomers pay $0/mo for first year. Get a $10/mo discount with eligible Mastercard. Newcomer Promo: Earn up to $600 cashback ($300 for chequing tasks, $100 for credit card, $100 for mortgage payments, $100 for savings deposit). Plus, $0 monthly fee for up to 3 years with qualifying criteria.
Welcome Bonus
Earn $150
When you open an account
Get Started

On National Bank of Canada's secure site

National Bank of Canada
National
Bank
of
Canada
CDIC Insured

The Connected® Chequing Account

Canada-wide CAD Chequing Account
0.00%
Interest Rate
$15.95
Monthly Fee
CDIC Insured Unlimited Transactions Free Interac e-Transfers Mobile Cheque Deposit Access to No-Fee ATM Network
Features: Online and Mobile Banking
Earn a $30 Welcome Bonus
Get $30 cashback when you get an eligible Mastercard credit card.
Special Offer
Special Pricing: 0-24 years old pay $0/mo. Seniors 60+ pay $10.95/mo. Newcomers pay $0/mo for the first year. Get a $5/mo discount with an eligible Mastercard. Newcomer Promo: Earn up to $600 cashback ($300 for chequing tasks, $100 for credit card, $100 for mortgage payments, $100 for savings deposit). Plus, $0 monthly fee for up to 3 years with qualifying criteria.
Welcome Bonus
Earn $30
When you open an account
Get Started

On National Bank of Canada's secure site

BMO Bank of Montreal
BMO
Bank
of
Montreal
CDIC Insured

BMO Premium Chequing Account

Canada-wide CAD Chequing Account
0.00%
Interest Rate
$30.95
Monthly Fee
CDIC Insured Unlimited Transactions Access to No-Fee ATM Network International Money Transfers Online and Mobile Banking
Earn a $800 Welcome Bonus
Earn up to $800 cash + Walmart Delivery Pass! 1) Get $500: Open by June 1, 2026, and complete 2 of 3 tasks by July 31 (Direct Deposit of $500+, two $50+ bill payments, or two $50+ PADs). 2) Get $100: Maintain the $500+ direct deposit for 12 months. 3) Get $150: Open a Savings Amplifier, deposit $10k within 30 days, and maintain for 90 days. 4) Get $50: Create a Goal & Strategy in My Financial Progress.
Special Offer
Special Pricing: Students & Youth pay $13.00/mo. Seniors pay $26.95/mo. Newcomers get no-fee BMO Global Money Transfers. Canadian Defence Community members pay $13.00/mo.
Welcome Bonus
Earn $800
When you open an account
Get Started

On BMO Bank of Montreal's secure site

BMO Bank of Montreal
BMO
Bank
of
Montreal
CDIC Insured

BMO Practical Chequing Account

Canada-wide CAD Chequing Account
0.00%
Interest Rate
$4.00
Monthly Fee
CDIC Insured Online and Mobile Banking
Special Offer
Special Pricing: Monthly fee is fully waived ($0) for Seniors.
Get Started

On BMO Bank of Montreal's secure site

BMO Bank of Montreal
BMO
Bank
of
Montreal
CDIC Insured

BMO Performance Chequing Account

Canada-wide CAD Chequing Account
0.00%
Interest Rate
$17.95
Monthly Fee
CDIC Insured Unlimited Transactions Access to No-Fee ATM Network International Money Transfers Online and Mobile Banking
Earn a $800 Welcome Bonus
Earn up to $800 cash + Walmart Delivery Pass! 1) Get $500: Open by June 1, 2026, and complete 2 of 3 tasks by July 31 (Direct Deposit of $500+, two $50+ bill payments, or two $50+ PADs). 2) Get $100: Maintain the $500+ direct deposit for 12 months. 3) Get $150: Open a Savings Amplifier, deposit $10k within 30 days, and maintain for 90 days. 4) Get $50: Create a Goal & Strategy in My Financial Progress.
Special Offer
Special Pricing: Students & Youth pay $0/mo. Newcomers pay $0/mo for 2 years. Seniors pay $13.95/mo. Indigenous customers pay $0/mo for 1 year. Canadian Defence Community members pay $0/mo. Newcomers get a small safety deposit box free for 12 months.
Welcome Bonus
Earn $800
When you open an account
Get Started

On BMO Bank of Montreal's secure site

CIBC
CIBC
CDIC Insured

CIBC Everyday® Chequing Account

Canada-wide CAD Chequing Account
0.00%
Interest Rate
$4.00
Monthly Fee
CDIC Insured Free Interac e-Transfers Online and Mobile Banking
Special Offer
Monthly fee fully waived for Seniors 65+.
Get Started

On CIBC's secure site

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