Due to an overwhelming response to this promotion, application processing is taking longer than normal at this time.

What's better than free chequing?

Free chequing plus $500.

New Members get a $500 bonus1, plus no monthly fees2 with our Free Chequing, Free Debit and More Account®. Offer available to BC residents only.


Step 1: Apply online
Open an account in less than 5 minutes.
Step 2: Set yourself up
Meet the eligibility criteria within 90 days.
Step 3: Enjoy all the perks
Like the freedom of no fees and a bonus $500.
No monthly fee, no matter what your balance is.
No monthly fee, no matter what your balance is.

Unlike the competitors, you don’t need to keep a minimum balance in your account to get your fee waived. Our free chequing account is free no matter how much money you have in your account.


No charge for day-to-day transactions. No matter what they are.
No charge for day-to-day transactions. No matter what they are.

Make as many transactions3 as your heart desires. Get unlimited day-to-day transactions, free in-branch, online or by phone bill payments and free preauthorized bill payments.

Thousands of surcharge-free ATMs.
Thousands of surcharge-free ATMs.

In addition to Coast Capital ATMs, make free withdrawals and deposits at 4,000+ EXCHANGE® Network ATMs across Canada.

Coast Online and Mobile Banking.
Coast Online and Mobile Banking.

You can send and receive money with INTERAC® e-Transfers, make deposits by taking a photo of a cheque and get a snapshot of accounts in one convenient spot with our Take Charge Money Manager™.

Say goodbye to your monthly account fee.

Account
Monthly Account Fee4
Yearly Cost

TD Unlimited Chequing Account

$15.95
$191.40
BMO Performance Plan

$15.95
$191.40
Scotia One Chequing Account

$13.95
$167.40
RBC Signature No Limit Banking
$14.95
$179.40
CIBC Smart Account
$14.95
$179.40
Coast Capital  Free Chequing,
Free Debit and More Account®
$0
$0

$500 bonus FAQ

Am I eligible?

This offer is only available to new members who are residents of British Columbia. To be eligible for this offer, you must open a chequing account and complete one of two steps:


  1. Set up payroll direct deposit into your new account.
  2. Set up a preauthorized bill payment, for example your BC hydro bill or phone bill, and have it debited from your new account at least twice.
When do I get my bonus?

The $500 bonus will be paid within 30 days of eligibility criteria being met.

If you set up your payroll to automatically deposit into your Coast Capital account, you'll recieve your bonus within 30 days after the first deposit. 

If you set up a preauthorized bill payment in your Coast Capital account, you'll receive your bonus within 30 days after the second bill payment is withdrawn. 

Do I qualify for multiple offers?

Yes, you qualify for multiple offers as long as you meet all eligibility requirements.

When will my application to be reviewed?

Due to the high demand for this offer, processing time could take a minimum of 5 to 7 days. We’ll email you to let you know once we’ve reviewed your application.

If I live outside of B.C. and applied before the eligibly was changed only to B.C. residence, will I still be approved?

All applications prior to the change will still go through our approval process and must meet the other eligibility requirements.

How do I know if my payroll direct deposit is eligible?

We can only verify that your payroll is eligible once it has been deposited into your account. Chances of eligibility are high if your payroll is one of the following:

  • Payroll Deposit from a recognized employer
  • Federal pension
  • Provincial payroll
  • RIFS
  • CPP
Why was my application declined?

There are a number of reasons an application may be declined. If your online application was declined and you live near a branch, you can book an appointment and apply in person.


Let's do this. You know you want to...
Apply online
Find a branch

    1. The Coast Capital Savings Federal Credit Union (the “Credit Union”) New Member Bonus Offer (the “Offer”) of $500 is available between September 9, 2019 and October 6, 2019 to New Members who (i) open a membership with the Credit Union and a Chequing Account (the “Account”) and switch their eligible payroll direct deposit or other recurring direct deposit, or (ii) set up an eligible recurring preauthorized payment of at least $50. The first qualifying payroll direct deposit or other recurring direct deposit must be received within 90 days of successfully opening a membership and an Account. The first and second withdrawal taken from the Account for the pre-authorized payment must be successfully withdrawn within 90 days of successfully opening an Account. For Joint Memberships and Joint Accounts, only the Primary Member is eligible to receive the Offer. Staff of the Credit Union are not eligible for the Offer. New Members must be ages 18 or older and must be residents of Canada (excludes Quebec) in order to be eligible for the Offer. New members must not have been members with Coast Capital Savings since January 2014. The $500 bonus will be paid within 30 days of eligibility criteria being met. Limit of one $500 bonus per person.

      1. Payroll direct deposit or other recurring direct deposit conditions
        Deposits categorized under the Canadian Payment Association code as payroll qualify for the Offer. In addition, pension, Employment Insurance, Old Age Security, Canadian Pension Plan, Workers Compensation, Parental Assistance and Income Security Benefit deposits qualify for the Offer.
      2. Preauthorized bill payment conditions

        This includes preauthorized bill payments or preauthorized loan, mortgage or credit card payments. It does not include transfers into other accounts or into accounts with other financial institutions.

    The Offer applies to residents of BC only. The Credit Union reserves the right to terminate the Offer at any time.

    1. Source: Statistics Canada Table 203-0021 - Survey of household spending (SHS), household spending, Canada, regions and provinces, annual (dollars).
    1. Transactions include cheques, Coast Capital Savings®and EXCHANGE Network ATM withdrawals, Interac® Direct Payment, preauthorized payments, Coast-by-Phone® bill payments, Coast Online® Banking bill payments and in-branch withdrawals, transfers and bill payments. Deposits and self-serve (Coast Capital Savings® ATM, Coast-by-Phone® and Coast Online® Banking) transfers are free. Additional network ATM transactions are subject to the fees listed. Surcharges from other financial institution ATMs are excluded.
    1. Monthly Account Fee information is based on information published on the websites of TD Canada Trust®, BMO Bank of Montreal®, Scotiabank®, RBC® ,and CIBC® as of February 21, 2019. Monthly Account Fee applies if the account holder does not meet the minimum daily balance requirements to waive the Monthly Account Fee in the case of TD Unlimited Chequing Account, BMO Performance Plan, Scotia One Chequing Account and RBC Signature No Limit Banking. Monthly Account Fee applies if the account holder makes eight or more day-to-day transactions.