What fees should I ask about before I open a bank account in Canada?

The Financial Consumer Agency of Canada lists the fees to ask about before you open a chequing account in Canada. Ask about the monthly fee, how many transactions are included and which types, extra fees for a teller, fees past that monthly limit, overdraft fees, the interest rate if you use an overdraft, whether a balance removes the monthly fee, a discount for other products at the same institution, a discount if you are a youth, a senior, a newcomer, or a student, and fees at another institution's ATM. The page says non-sufficient funds fees can be as high as $50. At a federally regulated bank or credit union, those fees on a personal deposit account cannot be more than id="content"0, cannot be charged more than once on the account in two business days, and cannot be charged when the overdraft is less than id="content"0. The page uses id="content"2 a month and a $2,000 balance as an example of a waived fee. That example is not a required fee or a required balance. The page does not name a bank.

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