No-Fee Account

No hidden fees.
No minimum balance.
It's true and it's free! 

Open a No-Fee Account today!

We're thrilled to offer you our No-Fee Account. There's...

  • No monthly fee 
  • No charge UNLIMITED Interac e-Transfers
  • No minimum balance requirements

  • Unlimited debit transactions
  • No charge bill payments 
  • No charge electronic transfers to Innovation accounts 
  • No charge e-statement (requires email address and online banking)
  • No surcharge fee using our national credit union ding free® ATM network
Available for personal use only.

Already a member
If you already deal with Innovation, you can open a No-Fee Account through online banking. Click here to log in and open your additional account!

Requirements for Opening an Account Online Expand/Collapse

  • You are 19 years of age or older
  • You are a Canadian citizen that does not reside in Quebec
  • You have a Social Insurance Number
  • You have a government issued piece of photo ID
  • You have a cheque drawn on your operating account with a Canadian financial institution
If you have any questions about opening your account online, or would prefer to open your account another way, please feel free to:


Apply Now

Federal Continuance

For information on upcoming changes to DEPOSIT INSURANCE if we become a federal credit union, see our disclosure notice. Creditors who have concerns may contact Innovation Credit Union.