Student Banking

DAY TO DAY BANKING

Financial well-being 101

At Coast Capital, we make student banking easy so you can focus on more important things, like making it out of that group project alive. Together, we’ll create a realistic plan so you have one less thing to worry about.

Choose from our selection of student lending and savings products to help you get through school and build for your financial future at the same time.

Enjoy convenient and worry-free banking

Access to thousands of surcharge-free ATMs through The EXCHANGE® Network
Mobile Banking Tools
Mobile cheque deposit

We'll help you get the most out of your budget. Talk to us today.

BOOK APPOINTMENT

Student Line of Credit

Borrow up to $40,000* and enjoy flexible payment options with the Student Line of Credit, designed specifically for post-secondary students to help pay for expenses like tuition, rent, or a major purchase like a laptop.

*Terms and conditions apply.

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Student Line of Credit

*Terms and conditions apply.

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Free Chequing, Free Debit, and More Account®

Everything is expensive as a student, but banking doesn’t have to be.

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The High-interest Savings Account

Your savings don't need to be locked away. Get a great rate and easy access to your money.

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No-fee Student Visa

Establish credit and enjoy other perks like travel insurance, extended warranties and extra protection on your lifeline – your cell phone.

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Personal Loans

A personal loan can help whether you need money for education, a major purchase, or to consolidate higher interest rate debt.

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Digital Banking

Campus doesn’t need to be near a branch. You can complete transfers, bill payments, cheque deposits or almost anything with the touch of your fingertip.

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Money Manager

Get a snapshot of your budget, spending and all other bank accounts in one place with our financial management tool.

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Calculators

How long will it take to pay off your loan? TFSA or RRSP? Can you afford avocado toast? Crunch the numbers on our calculators and find out.

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MANAGING YOUR MONEY

How to pay off your student loan like a pro

If you're done school (or nearly finished), it's time to work on paying down that student loan. Here's how you can pay it off without sacrificing fun.

Read article

GROW YOUR MONEY

RESPecting your kids: How to save for their education

If you’re a parent, you want the best for your kids – including a good education.

Read article

MONEY HELP

5 Money Tips for University Students

You don't have to be a starving student. We'll help you get the good stuff in life, even in university, with our 5 money savings tips.

Read article

No monthly fee
Unlimited day-to-day transactions†
Free withdrawals and deposits at 4000+ ding free® ATMs across Canada
Free in-branch, online or phone bill payments
Overdraft Protection on approved credit
Free eStatements‡
Click here for service fees on services that are not included with this account.
Download our account guide

Apply Online

† Read terms and conditions.

Terms and Conditions.

† 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 Cpaital digital banking are free & unlimited.

‡ Low-Cost Account: As a Federal Credit Union, we are publicly committed to ensuring all Canadians have access to basic banking services at a nominal cost through a low-cost account, which is our Free Chequing, Free Debit & More Account. No-Cost Account : If you are a student, youth, Guaranteed Income Supplement recipient, or Registered Disability Savings Plan (RDSP) beneficiary, you are eligible for a low-cost account at no cost. Call our Advice Centre or visit a branch to find out more information.

19.9% † _{Annual interest}

Mobile Device Insurance‡
Optional: pay a $30/year fee to reduce your annual interest rate to 12.9%
No annual fee
3-day complimentary travel insurance

Apply online

† Read terms and conditions.

Terms and Conditions.

† Current rates are subject to change without notice.

‡ Mobile Device Protection provides coverage for your cell phone, smartphone and tablet up to $1,000 in the event of loss, theft, mechanical breakdown or accidental damage. Fund the purchase of your new device through your wireless service provider and pay your device's monthly wireless bill with your Coast Visa Desjardins Student card or Purchase your new device with your Coast Visa Desjardins Student Card. For more details on the Mobile Device Insurance visit the Visa Desjardins Website

Line of Credit limits of up to $40,000 (up to $10,000 per year of study)
Competitive interest rate of Prime +2%, as of May 14, 2020, the interest rate is 4.45%.‡
Re-borrow funds at any time up to the pre-set limit
After you finish school, there is a 12 month grace period of interest only payments, before you have to start repaying the principal amount.

Apply online

† Read terms and conditions.

Terms and Conditions.

† Subject to Coast Capital standard lending policies and criteria. Personal guarantee(s), security, and additional documentation may be required. Fees may apply. Other conditions may apply.

‡ Rates subject to changes without notice. Refer to coastcapitalsavings.com/rates for our current rates.

Term length options available from 1 to 10 years
Fixed or variable rate options
Weekly, bi-weekly, semi-monthly or monthly payment schedule options

Apply online

† Read terms and conditions.

Terms and Conditions.

† Subject to Coast Capital standard lending policies and criteria. Personal guarantee(s), security, and additional documentation may be required. Fees may apply. Other conditions may apply.

No monthly fee
0.75% interest rate†
2 free monthly transactions‡
$5 per additional transaction

Apply online

† Read terms and conditions.

Terms and Conditions.

† 1. Interest is calculated at this rate on the closing daily balance and paid monthly. Refer to coastcapitalsavings.com/rates/personal-and-business for our current rates and more information on how interest will be calculated.

‡ 2. Transactions include Coast Capital ® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, preauthorized 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 & unlimited.

Student Banking

Financial well-being 101

Everything you need in one place

Student Line of Credit

Student Line of Credit

Convenient digital money tools

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