Spending Smarts
All the major Canadian banks offer student banking plans. All but one offers FREE student banking! As a student, we don't think there's any reason why you should pay to do your banking--not when you have all these free choices!

We've compiled a chart showing the student packages to help you choose one that's appropriate. (We are assuming you will use online statements. Paper statments cost extra.)

Check this map to see branches and ABMs close to Concordia's downtown campus (remember, you'll want to use your own bank's machines when getting cash.)
Use the links below to find other locations.

Banking Plan Eligibility Monthly Fee Waiver Amount Transactions
Bank of Montreal 1 800 555-3000 Locations
*The student rate is applied as a $10.95 discount.
Plus Plan Youth
Full-Time Students
Recent Graduates (1 yr.)
FREE! (reg. $10.95) $2500
(non-students)
30 trans.
2 email money trans./month
$1.50 extra trans.
Performance Plan $4.00 (reg. $14.95) $3500 Unlimited transactions
2 email money trans./month
$1.50 extra trans.
Premium Plan $19.05 (reg. $30.00) $5000 Unlimited transactions
5 email money trans./month
10 withdrawals from non-BMO ATMs/mo.
5 free email money trans./month
Free basic cheques, money orders, drafts
5 itl. trans./mo.
Free debit trans. on the maestro network
Discount on safety depposit box rental
Preferred exchange rate on U.S. cash
1 airmile per $40 spent via debit.
Royal Bank 1-800 ROYAL™ 1-1 (1 800 769-2511) Locations
RBC Student Banking Full-Time students FREE! none 25 ($1 per add. trans.)
5 free e-transfers (extra $1.50ch.)
Cross-border debit $1.00/ch.
RBC No limit banking for Students $10.95 or $4.95 with RBC Investment & Visa none Unlimited
10 e-transfers (extra $1.50ch.)
Cross-border debit $1.00/ch.
CIBC 1-866-525-8622 Locations
CIBC Advantage for Students Full-Time Students FREE! -- Unlimited reg. transatcions
$1.50 per e-transfer
Scotiabank 1-800-4-SCOTIA (1-800-472-6842) Locations
Student Banking Advantage Full-Time Students FREE! (Reg. 12.95) $3500 Unlimited reg. trans.
$1 per e-transfer, Cross-border trans.
1 SCENE pt. per $5 in debit purchases; and 1 pt. per $1 spent at participating theatres
TD Canada Trust 1-866-222-3456 Locations
Every Day with Student Discount Chequing Account Full-Time Students FREE! (Reg. 10.95) $3000 25 transactions
$1.25 extra trans.
Laurentian Bank (514) 522-1846 Locations
Student Advantage--transact a lot Full-Time students 16-25 FREE! (reg. $6.50) none 20 trans.
$1.00 extra trans.
Student Advantage--transact without limit Full-Time students 16-25 $5.95 (reg. $13.75) none Unlimited transactions
Caisses Populaires Desjardins (514) JACCéSD (522-2373) Locations
The Autonomous Plus anyone 18-21, full-time CEGEP/vocational students 18-25 FREE! (reg. $10.95) $3000 40 reg. trans.
$1 per e-transfer
The Premier plan Full-Time university students FREE! (reg. $13.95) $4000 Unlimited reg. trans.
$1 per e-transfer
National Bank (514) 394-5555 Locations
Clickstudent program Full-Time students 18-24 $2.75 none Unlimited
$1 per e-transfer
Disclaimer: The above information is subject to change, conditions, and human error. Please verify it with the relevant institution before opening an account. And let us know if something's changed.

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Spending Smarts

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