Life Skills
Bank Account
Types of Bank Accounts
There are several different types of bank accounts but most folks start with a chequing account and/or a savings account. If you are a youth or a student, make sure to ask about low-cost accounts as they often have fewer fees.
How to Open a Bank Account
Use the Account Comparison Tool (opens in new window) to see what banks accounts cost at different banks.
It’s important to find out about the fees that banks will charge you per month to use your account. Some typical fees include how many times you can make transactions (take money out or put money in), costs for e-transfers, and printed statements.
Once you decide what bank you want to use, you can apply in person or online.
You will need to provide two pieces of ID (one picture ID and one other one like a birth certificate or SIN card).
Looking for help?
Laura McNaughton
Can Help With
Advocacy, help with applications, getting ID, housing, referrals to services and resources, mental health and substance use system navigation, and understanding gove...
Laura McNaughton
(she/her)
Can Help With
Advocacy, help with applications, getting ID, housing, referrals to services and resources, mental health and substance use system navigation, and understanding government systems work.
Favourite Quote I am within and without. Simultaneously enchanted and repelled by the inexhaustible variety of life – F Scott Fitzgerald (The Great Gatsby)
Post-secondary Pathway: Diploma in Child and Youth Care
Fun Facts
- My favourite season is autumn because I love the colours
- My favourite sports team is the JETS!
- My Favourite movie is Big Fish
Heaven Geller
Can Help With
Advocacy, help with applications, getting ID, housing, referrals to services and resources, mental health and substance use system navigation, understanding governme...
Heaven Geller
(she/her)
Can Help With
Advocacy, help with applications, getting ID, housing, referrals to services and resources, mental health and substance use system navigation, understanding government systems work, and Indigenous cultural support through activities, ceremonies, and knowledge.
Favourite Quote – “They Tried to Bury Us, They Didn't Know We Were Seeds” -Dino Christianopoulos
Post-secondary diploma or degree: Child and Youth Care Diploma
3 fun facts about you such as:
- I have 2 Dogs, Simon, and Skye
- I am a Libra
- My favourite movie is the Wizard of Oz