Everyday chequing flexibility with limited cost
$0 /monthly fee
|
Monthly fee |
$0 |
|
Free debit transactions |
12 |
|
Additional fee |
$1.50 |
|
Unlimited debit transactions |
$9 |
|
Minimum balance required |
$0 |
|
Earn interest |
No |
Transactions over what the monthly package allows, ATM transactions not via THE EXCHANGE® and ACCULINK® networks, and any additional banking services you use may incur a fee. View Personal Service Fees to see our account & service fees.
May be a good choice if you:
May NOT be a good choice if you:
direct deposit
Set up direct deposit for a fast, easy, and secure way to access your money sooner—no delays, no cheques, just on‑time deposits straight into your account.
debit transactions
4,800 surcharge-free ATMs coast-to-coast on THE EXCHANGE Network.
switching banks
A fresh start without the fuss. Easily transfer all your pre-authorized payments and deposits from other financial institutions to your Valley First account with ClickSWITCH®.
Benefits
debit transactions
Casual spenders using up to 12 debit transactions per month pay $0, while active spenders can rest easy knowing they won’t pay more than $9 per month for unlimited debit transactions.
Additional Information:
Debit transactions involve money leaving your account, and they can include point-of-sale purchases with your debit card, outgoing Interac e-Transfer®, Interac e-Transfer® fulfil requests, outgoing Me-to-Me transfers, in-branch withdrawals, ATM withdrawals via THE EXCHANGE® & ACCULINK® networks, bill payments, cheque clearing, preauthorized debits (PADI) and more. Collabria credit card and CUMIS pre-authorized debits or bill payments are free using online banking services and mobile apps.
Members who are collecting the Guaranteed Income Supplement or are beneficiaries of a Registered Disability Savings Plan are eligible for a fee waiver on their Tru Essentials Chequing account. Please contact us for more details.
We will continue providing no-fee banking with unlimited debit transactions for members who are under 19 years old. Starting January 1 of the year the primary account holder turns 20 years old, the standard account features and fees will apply as defined above.
Yes. However, our maximum fee of $9.00 per month offers unlimited debit transactions including unlimited Interac e-Transfer® which other financial institutions may charge for, even in a free seniors account.
Members who are collecting the Guaranteed Income Supplement or are beneficiaries of a Registered Disability Savings Plan are eligible for a fee waiver on their Tru Essentials Chequing account. Please contact us for more details.
We will continue providing no-fee banking with unlimited debit transactions for members who are under 19 years old. Starting January 1 of the year the primary account holder turns 20 years old, the standard account features and fees will apply as defined above.
Members who are collecting the Guaranteed Income Supplement or are beneficiaries of a Registered Disability Savings Plan are eligible for a fee waiver on their Tru Essentials Chequing account. Please contact us for more details.
It is free to move money between your Tru Cooperative Bank accounts using our online banking services and mobile apps.
No. BIGChange® rounds up and deposits the difference into your specified eligible account whenever you make a purchase with your debit card. Making a purchase with your debit card will count towards your limit of 12 debit transactions per month, but BIGChange® deposits are currently free and will not count towards the transaction limit.
No interest is paid on this account.
The Tru Essentials chequing account is an industry-leading everyday personal banking product that offers outstanding value. To see how this account compares with similar accounts at other financial institutions, use the Financial Consumer Agency of Canada Account Comparison Tool.
This type of functionality is not currently available. However, you can keep an eye on your accounts with account alerts: free and easy-to-set-up digital notifications are an effective way to stay on top of unusual transactions or account activity. Receive an email and/or text message whenever important activity happens on your account, such as when your personal access code changes, or your account balance falls below a certain threshold. Set up alerts in online banking or the mobile app now - see how to set up.
Expert advice
Open a savings account to help your money grow and your goals take shape.
Use a credit card to earn rewards and build your credit.
Speak to an advisor or at the branch
Monday to Friday: 8am - 8pm
Saturday: 8:30am - 4pm
Sunday: 11am - 3pm
An advisor will get back to you
Debit transactions involve money leaving your account, and they can include point-of-sale purchases with your debit card, outgoing Interac e-Transfer®, Interac e-Transfer® fulfil requests, outgoing Me-to-Me transfers, in-branch withdrawals, ATM withdrawals via THE EXCHANGE® & ACCULINK® networks, bill payments, cheque clearing, preauthorized debits (PADI) and more. Collabria credit card and CUMIS pre-authorized debits or bill payments are free using online banking services and mobile apps.
Product terms, features and fees are subject to change, and we will provide appropriate notice as applicable and as may be required. Debit transactions over what the monthly package allows and any additional banking services you use may incur a fee. View Personal Service Fees to see our account & service fees.
ClickSWITCH® is a registered trademark of Q2 Software, Inc. All other trademarks are the property of their respective owners.
