FINANCIAL

Best student bank accounts Canada 2017

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At University Magazine we always look out for students, and we have gone bank to 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,

UM Score= University Magazine Score, BBB= Better Business Bureau

A disclaimer: we are affiliated or associated with any of the following financial institutions

1. ATB Financial

ATB Financial

ATB is the largest bank in Alberta, and the Alberta government fully guarantees your deposits, and the Bank cares about its customers and will go above and beyond to provide with 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 Bank

CIBC made significant change to their student accounts before student account only had 25 Transactions per months 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

scotiabank

If you love seeing movies and love cash back 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 point to pay for movie tickets.

Also, they offer cash back 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 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

RBC Bank loves its student’s account, 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

Anwar Abdi

Anwar is Junior at the University of Windsor is currently Studying Communication Media and film, He loves cooking vegan food, and in his spare time, he watches a lot of Netflix, and his favorite shows are Suits, Scandal, Homeland.