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Old 03-08-2017, 06:33 PM   #5
jeedee
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Quote:
Originally Posted by smoothie. View Post
been with vancity since forever, the checking minimum is only $1000.

I just transfer money to my tangerine whenever they have promos for TFSA, but I don't like the no bank branch thing, and the fact that Scotiabank is their pseudo branch.
I'm trying to find new bank that doesn't require me to have ANY minimum requirement of money in my account

There's a Scotiabank that's 1 block away from my house vs TD that is 10 blocks... so we know who wins that one

Quote:
Originally Posted by jackmeister View Post
If you don't do anything in-branch then yea go for it, but that min balance of 5k (@ 2% interest) is costing you around $100/year, and you miss out on the free credit card, free usd acc/visa, deposit box, in branch service.
I plan on canceling the aeroplan card too since it requires me to pay $120 annually for the card... the thing is i don't even use those "perks" that you mentioned

Quote:
Originally Posted by inv4zn View Post
My GF did this recently, and she has no complaints.

Keep in mind that she is very, very basic banking - so just debit use, occasional ATM withdrawal, and light CC use.

All 7-11's are scotiabank ATMs so there's never a shortage of ATMs, and there are basically zero fees to worry about.
This is pretty much the reply I was hoping for, thanks!
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