I’m planning to open a new chequing account in the near future, and I’m contemplating bailing on RBC. I’ve been with them for a very long time, and one possible outcome is that I’ll just open a new RBC account and be done with it. That’d be… fine.

But for a variety of reasons (including my satisfaction with RBC trending steadily downward), I’m thinking about opening this new account elsewhere. I don’t have a ton of hard requirements, and I’m not really sure what to look for in a bank, but the following would be nice:

  • Good online banking experience, particularly desktop (RBC is shockingly bad at this)
  • Good credit card; easy to make payments from the new account
  • Minimal fees
  • Easy e-transfers
  • Real security (another thing RBC is terrible at)
  • Neat rewards would be cool
  • Low-fee, low-friction investing would also be cool-- I don’t really do much investing, but I’d like to be able to

Any suggestions would be great, including anti-suggestions if you happen to know of a bank that I should avoid.

  • thanks_shakey_snakeOP
    1·
    8 months ago

    How about online banking? Do credit unions offer decent experiences, or is it largely an in-person experience?

    (Great username btw)

    • Pixel
      1·
      7 months ago

      Almost all credit unions (as well as small banks like Canadian Western Bank/Motive Financial) basically all use the standard platform offered by CentralOne, so there’s no difference. I love my credit union but the lack of compatibility with Flinks and Plaid creates frustrations sometimes (for connecting to Wealthsimple, etc.).