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Here’s a comparison of service fees between motusbank and Coast Capital. View the complete list of Coast Capital service fees.

Chequing accounts

Fee

motusbank

Coast Capital

No-Fee Chequing/The Free Chequing, Free Debit and More Account®

$0

$0/monthly

  • Unlimited transactions1

Coast Capital Unlimited Chequing Account

N/A

$8.50/monthly

  • Unlimited transactions1, including e-Transfers
  • Fee waived if you’re 59 years of age or older, or 25 years and younger
  • Or get $5 off the monthly fee (pay $3.50/month) when you set up and deposit monthly payroll or another eligible direct deposit into the account2

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Low-Cost Account: Our Free Chequing, Free Debit & More Account® meets our public commitment to ensure that members have access to basic banking services at a nominal cost. If printed statements are requested instead of eStatements, this account costs $3/month. If you are a student, youth, Guaranteed Income Supplement recipient, or Registered Disability Savings Plan (RDSP) beneficiary, you may request printed statements at no charge. Call our Advice Centre or visit a branch to find out more information.

1. Transactions include cheques drawn on the account, Coast Capital® and THE EXCHANGE® Network ATM withdrawals, Interac® Direct Payment, pre-authorized payments, bill payments, transfers (between Coast Capital accounts), and withdrawals (in-branch/self serve). Deposits and electronic transfers (between Coast Capital accounts) performed via Coast Capital® ATM, Coast-by-Phone®, and Coast Capital digital banking are free and unlimited.

2. Eligible payroll or direct deposit transaction codes include the following: Payroll (200-207), Pension (230-233, 310-312, and 315-316), Govt Payment (313, 318, 328 and 600-607), or deposits from employers approved by Coast Capital (Doordash, Skip the Dishes, Uber, Uber Eats, Lyft, Avon, Youngliving, Fantuan Asian Food Delivery). 

Savings accounts

Fee

motusbank

Coast Capital

High-Interest Savings Account

$0

$0/monthly

  • 2 transactions included1
  • Additional transactions: $5.00

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1. Transactions include Coast Capital and THE EXCHANGE® Network ATM withdrawals, Interac® Direct Payment, pre-authorized payments, in branch transfers (between Coast Capital accounts), bill payments and withdrawals (in branch/self-serve). Deposits and electronic transfers (between Coast Capital accounts) performed via Coast Capital ATM, Coast-by-Phone®, and Coast Capital digital banking are free and unlimited. 

Cheque, cheque orders, & payment processing

Fee

motusbank

Coast Capital

Cheque order/personalized single cheques

First 25 free

  • Additional orders starting at $53.45 plus applicable taxes

Please see the D+H price catalogue for current cheque order pricing

  • Seniors (59 years and older) with the Free Chequing, Free Debit, and More Account® receive personalized cheque orders for free
  • Members with the Unlimited Chequing Account get 25 personalized singles for free per year
  • Members with the Elevate Chequing Account get 50 personalized singles for free per year

To re-order the same cheques, you can order directly from D+H online, or contact them at 1.877.448.1294 (toll-free) for the automated reorder option or to speak to a D+H agent. For first-time cheque orders, you can order through Coast Online Banking.
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Overdraft Protection usage fee/
Overdraft interest rate

$0

  • 21%

$5/monthly1

  • Plus interest (21% per year)

Overdrawing savings/chequing accounts without overdraft protection or a line of credit

N/A

$5/per item

  • Plus interest (prime + 18% per year)2

Exceeding limit on Line of Credit or Overdraft Protection

N/A

$5/per item

Plus interest (prime + 18% per year)2

Overdrawing $US Chequing Accounts

N/A

$5/per item

Plus interest (26% per year – based on Coast Capital US Base + 18%)2

Chargeback
(retail)/Chargeback (deposited items returned unpaid)

$0

$7.50

NSF Due to cheque or Pre-authorized Payment (PAP) — If returned due to insufficient funds

$45

$48/per item

Unqualified Clearing Items

  1. Cheque written in US funds on a Canadian chequing account
  2. Cheque written on a savings account

 

N/A

 

  1. $15
  2. $10

Stop payment:

  1. Partial details
  2. Full details

 

  1. $15
  2. $12

 

$18

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1. This fee will apply each month only if you make a transaction that either puts you into your overdraft or increases your overdraft balance. Subsequent increases in your overdraft balance for that particular monthly statement period will not incur additional usage fee charges.

2. For specific information regarding our current interest rates, visit our rates page or call our Advice Centre at 1.888.517.7000 

Dormant accounts

Fee

motusbank

Coast Capital

Inactive account fee
(Annualized fee)/No activity within 2 years (any balance)

$30/annually

$50/annually

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Network ATM and point of sale (POS)

Fee

motusbank

Coast Capital

The EXCHANGE® Network (Canada)
ATM withdrawals for The High-interest Savings Account

N/A

$5/each

ATM — Interac® transaction (transaction fee)/Interac® Network (Canada)

$2

$2.50/each2

International ATM

$5

$5/each3

  • Plus 2% per transaction4

International POS — for the High-interest Savings Account

N/A

$5/each

  • Plus 2% per transaction4

International POS — for:

  • The Free Chequing Free Debit and More Account®
  • Coast Capital Unlimited Chequing Account
  • Coast Capital Elevate Chequing Account

2.5%

2%/per transaction4

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1. Transaction fees may apply on some accounts.

2. With the Elevate Chequing Account, Coast Capital waives its fee for up to two (2) Interac® network ATM transactions per month for transactions initiated within Canada. Surcharges from other financial institution ATMs may apply.

3. With the Elevate Chequing Account, Coast Capital waives its fee for up to three (3) international ATM transactions per year for transactions initiated outside Canada. Additional 2.00% international ATM administration fee still applies. The international ATM administration fee is a commission calculate based on the amount of the ATM request Coast Capital receives and is paid from your account to settle your international ATM transaction. The ATM request Coast Capital receives is in Canadian dollars. Any currency conversion to calculate the Canadian dollar transaction amount is done by a third party in the electronic network your ATM request comes through on. Coast Capital does not set the rates for or complete those currency conversions. Fees or commissions of third parties involved in processing your international ATM transaction may also be included in the transaction amount per month for transactions initiated within Canada.

4. Additional fees may be charged by third parties as part of the transaction amount. International ATM or POS Fee: 2% administration fee on transaction amount. The ‘transaction amount’ we use to calculate the commission is the amount of the POS or ATM request we receive and pay from your account to settle your international ATM or POS transaction. The ATM or POS request we receive is in Canadian dollars. Any currency conversion to calculate the Canadian dollar transaction amount is done by a third party in the electronic network your debit request comes through on. We do not set the rates for or complete those currency conversions. Fees or commissions of third parties involved in processing your international ATM or POS transaction may also be included in the transaction amount.

5. Surcharges from other financial institution ATMs may apply.

® Trade-Mark of Interac® Inc. Used under license. 

Other banking services

Fee

motusbank

Coast Capital

Bill payment reversal (done via Coast-by-Phone®/Coast Online®)

  1. Same day before 2pm PT
  2. Same day after 2pm PT

N/A

 

  1. $0
  2. $15/each

Balance of account transfer /Transferring balance of account — including office cheque fee

$15

$25

Record keeping/paper statements:

  1. The Free Chequing, Free Debit and More Account®1
  2. Coast US Chequing
  3. Coast Capital Unlimited and Elevate Chequing Accounts
  4. High-Interest Savings Account

N/A

 

  1. $3/membership per month
  2. $3 US/membership per month
  3. Free monthly statement
  4. 1 Free annual statement
  1. Search for bank records (per item)
  2. Search for bank records (per hour)
  3. Request for:
    • Account
    • Balance
    • Interest Letter 

Request for account/ information search and statement replacement. Member information requests /searches:

  • Information retrievals
  • Statement replacement through archives
  • Account information letters
  • Bank confirmations — from accountant/auditor
  1. $2/per item
  2. 30/per hour
  3. $16

$35/per hour

  • $35 minimum

INTERAC e-Transfer®

  1. Receiving an e-transfer
  2. Sending an e-transfer
  3. Request Interac e-Transfer®

 

  1. $0
  2. $1.25
    • Just for savings accounts
  3. $1.25
      • For each fulfilled request

     

    1. $0
    2. $1.50
      • Or free with Unlimited and Elevate Chequing Accounts
    3. N/A

    Estate processing fee

    N/A

    $150

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    1. Low-Cost Account: Our Free Chequing, Free Debit & More Account meets our public commitment to ensure that members have access to basic banking services at nominal cost. If printed statements are requested instead of eStatements, this account costs $3/month. If you are a student, youth, Guaranteed Income Supplement recipient, or Registered Disability Savings Plan (RDSP) beneficiary, you may request printed statements at no charge. Call our Advice Centre or visit a branch to find out more information. 

    Transferring balance of account

    Fee

    motusbank

    Coast Capital

    Transferring balance of account
    (only available for requests received from other financial institutions)

    N/A

    $25

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    Registered accounts

    Fee

    motusbank

    Coast Capital

    Registered Retirement Investment Funds (RRIFs)

    1. Account setup and ongoing administration
    2. Replace tax receipt
    3. T2033 transfer-out fee (full or partial)
    4. Withdrawal of capital (full or partial)

     

    N/A

     

    1. $0
    2. $10
    3. $55
    4. $0

    Registered balance transfer (full or partial) to another financial institution

    Registered Retirement Savings Plans (RRSPs)

    1. Account setup and ongoing administration
    2. Replace tax receipt
    3. T2033 transfer out fee (full or partial) (Fixed terms only at maturity, excluding those transferred to a Coast Capital Savings RRIF or annuity)
    4. First time homebuyers RRSP withdrawal
    5. Withdrawal of capital (full or partial)

     

     

    $50

     

     

    1. $0
    2. $10
    3. $55
    4. $25
    5. $0

    Tax-Free Savings Accounts (TFSAs)

    1. Account setup and ongoing administration
    2. T2033 transfer-out fee (full or partial) upon maturity (if applicable)

     

    N/A

     

    1. $0
    2. $55

    First Home Savings Account (FHSA)

    1. Account setup and ongoing administration
    2. T2033 transfer-out fee (Full or Partial) upon maturity (if applicable)
    3. Qualified withdrawal to non-Coast Capital mortgage

     

    N/A

     

    1. $0
    2. $25
    3. $55

    Estate Administration

    • Processing fee for all registered accounts (one-time fee)

     

    N/A

     

    $150

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    Drafts

    Fee

    motusbank

    Coast Capital

    Canadian Dollar (CAD) Draft /office cheques/certified cheques

    1. Members
    2. Non-members
    3. Free if you’re 59 years of age or older, or 18 years of age and younger

    $6.50

     

    1. $10
    2. $15
    3. $0

    US Drafts (CAD)

    1. Free if you’re 59 years of age or older, or 18 years of age and younger
    2. All other accounts

    N/A
    1. $0
    2. $10 (CAD)

    Foreign Drafts (CAD)

    • All accounts

    N/A

    $10 (CAD)

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    Wire transfers (all fees are in Canadian dollars)1

    Fee

    motusbank

    Coast Capital

    Incoming wires1

    1. Under $500 CAD
    2. $500 CAD and over

    $10

     

    1. $0
    2. $15

    Outgoing wires

    1. To other Canadian financial institution
    2. To international financial institutions (under $10,000 CAD)
    3. To international financial institution ($10,000 CAD and over)

    N/A

     

    1. $30
    2. $35
    3. $45

    Recalls or amendments
    (waived if error by Coast Capital Savings or funds not received)

    N/A

    $50

    Wire returns2

    N/A

    $10

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    1. Incoming wires fee is posted in Canadian dollars or the equivalent in US dollars. Additional charges will be deducted by the intermediary financial institution on all outgoing and incoming wire transfers. 

    2. Wire transfer returns are posted in Canadian dollars or the equivalent in US dollars.