Can you have too many bank accounts? Maybe…. but what if they are truly free! Valley First Credit Union based in the Okanagan British Columbia offers a truly free personal chequing account.  And in fact if you click this link: https://refer.valleyfirst.com/DCepaDd and sign up online through that portal, you will get a 50$ prepaid Master Card!  Here are some of the benefits of this bank account:

Account Details

FREE unlimited transactions per month, including:

  • FREE Interac® e-Transfers within Canada
  • FREE unlimited cheque clearing
  • FREE unlimited debit card transactions
  • FREE preauthorized payments and deposits
  • FREE withdrawals
  • FREE bill payments
  • FREE unlimited access to online banking and mobile banking
  • FREE access to over 2,400 ATMs across Canada on THE EXCHANGE®
  • No minimum balance requirement

Additional Features & Benefits

  • FREE online banking account statement plus eStatement
  • FREE online cheque viewing
  • FREE starter cheques

I have been banking with Valley First for over 10 years for my personal banking needs.   The Free Interac E Transfers is an unreal offer, no bank can match that.  I can vouche for this credit union when I say this account is truly hassle free and no gimmicks.  Nothing beats the personal relationship a credit union can give you.  Remember, do not keep all your eggs in one basket!  It never hurts to have multiple bank accounts, one at a chartered bank, and one at a respectable credit union such as Valley First.