personally I would chose the BMO savings builder because there is a lot of additional features and a decent interest rate and a affordable monthly fee. lots of incentives and unlimited purchases.
checking account
RBC
air pods when you open the account
safety deposit box personalized cheques are both (optional)
no requirement for min balance
12 free transactions allowed per month
depends on the money in account
no interest rate
$4.00
Scotiabank
Up to $139 annual fee waiver each year on select credit cards
no requirement
unlimited debit transaction's
earn up to 1.85%
$30.95
BMO
incentive's
$300 opening bounus
Up to $40 rebate on the annual fee for eligible BMO credit cards. OnGuard Identity Theft Protection at no charge
Free US dollar Savings Account
requirement for min balance
$4000 is requirement daily closing balance
unlimited debit trasactions
no interest paid
monthly fee
$15.95 $0 with min. $4,000 balance
saving account
RBC-everyday savings
compound interest =$0.75
500x0.05x3=75
Limited Time Offer: Get Apple AirPods with Charging Caselegal bug7 when you open an eligible bank account
Take your pick of accounts—from high interest savings to a range of chequing options
Misplaced your card? Lock it instantly right from the RBC Mobile app. Unlock it easily, too
Snap a picture to add a payee and pay your bills the easy way with mobile bill pay
Get the perfect account with our Right Account Guarantee™—or we’ll refund your monthly feeslegal bug*
Save without lifting a finger. NOMI Find & Save automatically sets aside money you won’t miss
A descriptive monthly account statement to help you analyze your spending patterns
Zero liability for fraudulent or unauthorized charges (provided you have taken reasonable precautions to protect your PIN and your card as set out in your cardholder agreement)
no extra charges
requirement per min balance
min balance is interest rate
transaction's allowed per month
1 free debit per monthly cycle
0.05% with $999.99 and under $1000 and over 0.010%
there is no monthly fee on a savings account at RBC
Scotiabank-momentum savings account
compound interest=$28.51
500x1.80%x3=$2700
$300 bonus when you open a savings account
additional features
earn up to 1.75% on your momentum plus savings account
extra charges
Paper Statement with Cheque Image Return
$2.50/month
paper statement
$2.25/month
paperless
no charge
requirement for minimum balance
the requirement is $4000 min daily closing balance
transactions allowed per month
unlimited debit transactions allowed
1.80%
$16.95/month or $0 if you have the requirement for min balance daily
BMO-saving builder
compound interest =$5.28
500x0.050%x3=$75
incentives
Get accounts for family members without paying an additional monthly fee
Up to $40 rebate on the annual fee for eligible BMO credit cards
OnGuard®† Identity Theft Protection at no charge
Unlimited transactions
additional fetures
Up to $40 rebate on the annual fee for eligible BMO credit cards
OnGuard®* Identity Theft Protection at no charge
Free US dollar Savings Account
requirement per minimum balance
$0 with min $4000
transactions allowd per month
unlimited
interest rate
$250,000.01 and over
0.35%
up to $250,000.00 when you increase your balance by $200.00 or more per month
0.050%
up to $250,000.00
monthy fee
15.95 or min if you have $4000 at all times
