Account Opening Disclaimers

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 & unlimited.

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 & unlimited.
   
   
2. Eligible transaction codes include the following; Payroll: 200-207; Pension: 230-233, 310-312, 315-316; Govt Payment: 313, 318, 600-607; Gig Payroll: 450

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& unlimited.
   
   
2. Coursera is an online learning platform offering multiple continuing education opportunities from leading universities and institutions. The products offered by Coursera can, but do not guarantee to, help users advance, relaunch, or improve their earning potential in their careers. As a bonus on their Coast Capital Elevate Chequing Account, a primary account holder will receive one (1) free Coursera for Business license for the account holder’s personal use. This license will be associated with the primary account holder’s email address on Coast Capital’s records. The license can only be used with the associated email address to open a Coursera account. The license will be valid for the period the primary account holder maintains a Coast Capital Elevate Chequing Account in good standing. The license has a monetary value of $538 CAD per year or monthly monetary value of $79 CAD as of January 1, 2024. Limit of one (1) license per primary account holder. No substitutions will be allowed. Coast Capital may allow, at its sole discretion, transfers of the license to another individual as decided by the primary account holder. The license may be subject to content, course, and program exclusions or limitations at the sole discretion of Coursera. The use of the license will be exclusively subject to Coursera’s terms, conditions, and policies. Details regarding Coursera’s products, terms, conditions, and policies can be found at www.coursera.org
   
   
3. Eligible transaction codes include the following; Payroll: 200-207; Pension:  230-233, 310-312, 315-316; Govt Payment: 313,318, 600-607; Gig Payroll: 450
   
   
4. As a holder of an eligible Coast Capital credit card issued by Collabria – only applies to World Mastercard®, Cash Back World Elite Mastercard ®, and Centra Gold Mastercard® – you may qualify for a onetime fee rebate of up to $50 upon (i) opening or holding an eligible Coast Capital credit card account as the primary cardholder and (ii) opening or holding a Coast Capital Elevate Chequing Account as the primary account holder. For clarity, if you are currently a primary account holder on a Coast Capital Elevate Chequing Account and then open an eligible Coast Capital credit card account, you will be eligible for the onetime fee rebate; if you are currently a primary cardholder on an eligible Coast Capital credit card account and then open a Coast Capital Elevate Chequing Account, you will be eligible for the onetime fee rebate. The fee rebate shall be applied directly to the eligible Coast Capital Elevate Chequing  Account in the year the eligible Coast Capital credit card account, or Coast Capital Elevate Chequing Account, or both are opened. Limit of one fee rebate per Coast Capital Elevate Chequing Account. The eligible credit card account and Coast Capital Elevate Chequing Account must be in good standing at the time the fee rebate is applied. Coast Capital may change, revoke, or end this offer at any time in its sole discretion and without further notice.
   
   
5. 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.
   
   
6. 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.
   
   

1. 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.

See current interest rates and how they’re paid.

Utilizing Coast Alerts to help avoid charges or penalties.

Alerts are an important way to help you manage your finances responsibly and avoid unnecessary fees

If a transaction overdraws your account and/or exceeds your credit limit, several fees can occur:

• Accumulating negative interest charges when a balance falls below zero or exceeds credit limit, plus
• An additional payment processing charge per item that overdraws an account and/or exceeds credit limit, and
• A non-sufficient funds (NSF) charge per returned cheque and/or pre-authorized payment

Log into your digital banking or contact us at 1.888.517.7000 to check on the status of your account balance.

1. If you have a positive available balance, you can avoid unnecessary charges or fees by ensuring all anticipated debits will be covered by the funds available in your account and/or credit limit. Consider making a deposit if anticipated debits exceed the balance available in your account and/or credit limit. Please be aware, cheques deposited are subject to our Hold Funds Policy which may impact the availability of funds.  All deposits are subject to verification of the source of funds and to our policies on the acceptance of deposits.
2. If you have a negative available balance, you may avoid interest charges causing the account to be overdrawn further if a deposit is made, bringing the account balance to zero/or within your credit limit, on the same day before close of business. Please be aware, cheques deposited are subject to our Hold Funds Policy which may impact the availability of funds. All deposits are subject to verification of the source of funds and to our policies on the acceptance of deposits.

To avoid further charges and for additional support, contact us at 1.888.517.7000 to schedule a Money Chat with one of our team of experts to find the right solutions for you and your goals.