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| - Tangerine is so far the only bank available in QC that has no fee for having a chequing account, without minimum balance, unlimited transactions and on top of that you get interests back from your chequing! You also get free wire transfers to other banks. Their credit card is also great, it offers 2% cash back in up to 3 categories of your choice (I choose groceries, restaurants and monthly payments for example) and it has NO annual fees.
How do they do that? Well, they cut costs by having no Tangerine specific physical branches (only 1 office in Montreal I think), and offers all the services via their bankline. For ATM services, you can use any Scotia Bank ATM free of charge.
After 3 years having an account there, I never really needed use their customer services nor felt the need to visit a physical branch. I personally love the bank, even though their latest bankline update made the website look too funky for my taste with gigantic numbers and letters, I still save good money with them.
If you want to give it a try, open an account with this key 45327659S1 and you will get $50 after you deposit your initial $100 in the chequing account ( and so will I!)
Oh, and one last thing, if you need to get international transfers, Tangerine does NOT have a swift key. If that is something you need often, you will need an account in another bank.
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