At University Magazine, we always look out for students, and we have gone bank to the bank going at each account and determine the top 5 student bank accounts for Canadian students based on Purchase interests, Amount of Transactions and Monthly fee, and Email Transfer fees, Customer services, technology,
Best student bank accounts Canada 2017
1. ATB Financial
ATB is the largest bank in Alberta. The Alberta government fully guarantees your deposits; the Bank cares about its customers and will go above and beyond to provide the highest level of customer service; they treat every customer like a family.
Transactions: Unlimited
e-Transfer: Unlimited
Technology: Apple Pay, Android Pay, Tap, Online Banking
BBB Rating: A+
Cost: $ 0.00
UM Score: 20/20
2. CIBC
CIBC made significant changes to their student accounts before student account only had 25 Transactions per month now, its Unlimited,
Transactions: Unlimited
e-Transfer: Unlimited
Technology: Apple Pay, Android Pay, Tap, Online Banking
BBB Rating: D+
Cost: $ 0.00
UM Score: 16.67/20
3. Scotiabank
If you love seeing movies and love cashback on your purchases, Scotiabank is for you because you can connect your debit card and scene card and earn points on all your purchases, and you can use the end to pay for the movie tickets.
Also, they offer cashback on selected accounts where you earn cash back on purchases made with your debit card
Transactions: Unlimited
e-Transfer: Unlimited
Technology: Apple Pay, Android Pay, Tap, Online Banking
BBB Rating: D
Cost: $ 0.00
UM, Score: 16.5/20
4. TD Canada Trust
TD bank is known for having After-Hours Customer Service Support, so you know there is someone around to help you with your needs, I like that, for example, you see unauthorized charges on your accounts you can call them at 3:00 Am, and they will be there to help you.
Transactions: 25 then $1.25 per Transactions
e-Transfer: Unlimited
Technology: Apple Pay, Android Pay, Tap, Online Banking
BBB Rating: B-
Cost: $ 0.00
UM, Score: 15/20
5. RBC
RBC Bank loves its student’s accounts, and they have teamed up with Siri. Now you can send money with Siri or iMessage, and they offer virtual Visa Debits to keep you safe when you are doing online shopping or when you are just signing up for trial services,
Transactions: 25 then $1.25 per Transactions
e-Transfer: Unlimited
Technology: Apple Pay, Android Pay, Tap, Online Banking
BBB Rating: B-
Cost: $ 0.00
UM, Score: 14.95/20