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What’s the difference between a chequing and savings account?
Use a chequing account for your everyday transactions, such as in-store debit card purchases, paying your bills, transfers between accounts or sending money.
Use your savings account to put money aside for a project, such as a vacation or car purchase. You can also save for a rainy day.
Check out all of our chequing and savings accounts.
Need some advice to make your choice?
- Email us.
- Call us at 1-888-835-6281.
- Make an appointment with an advisors.
Related questions
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Can I make online transactions from my external accounts? You cannot make transactions from your external accounts, but you can view your account balance and transaction history. -
Difference between a trust and an in-trust account Learn the differences between a trust and in-trust account. -
How can I add an account from another bank to my online bank? Add external accounts held at other financial institutions to your online bank and get the full view of your finances. -
How can I authorize someone else to manage my account? Authorize someone to manage your account by giving them power of attorney at one of our branches. -
How can I cancel my bank account package? Contact us to cancel the banking package on your chequing account, if you have reduced your usage.
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