Skip to main content

Mobile Banking Apps in Canada: Features by Bank, App Security and Open Banking

Updated

This page sets out what each Canadian bank says its mobile app can do, feature by feature, with each bank’s own words and source in its entry. Banks are in alphabetical order; the order is not a ranking, the page does not pick an app, and it prints no app-store ratings. On open banking, the Financial Consumer Agency of Canada (FCAC) says: “Open banking, also called consumer-driven banking, is not available in Canada yet.” Financial Consumer Agency of Canada Each step so far, with its date and its source, is in the open banking section.

What each bank’s app can do

Each row is a bank and each column a feature of its app; the bank’s name links to its entry below.

BankCheque depositFace or fingerprint sign-inLock a cardInterac e-TransferAlertsSpending insightsBudgeting or goals
BMOStated
limits		Stated (Touch ID only)Stated (credit cards)Stated
limits		StatedStated (credit cards)–
CIBCStated
limits		StatedStated (credit card)Stated
limits		Stated–Stated
DesjardinsStated
limits		StatedStated (credit or debit card)Stated
limits		StatedStatedStated
EQ BankStated
limits		–Stated (EQ Bank Card)–
limits		–––
KOHO––StatedStated
limits		StatedStatedStated
National BankStated
limits		Stated–Stated
limits		––Stated
Neo Financial–––Stated
limits		StatedStatedStated
RBCStated
limits		StatedStated (client card or credit card)Stated
limits		–Stated–
ScotiabankStated
limits		StatedStated (credit card or ScotiaLine access card)Stated
limits		StatedStatedStated
Simplii FinancialStated
limits		––Stated
limits		Stated––
TangerineStated
limits		Stated–Stated
limits		StatedStatedStated
TDStated
limits		StatedStated (TD Access Card or TD Credit Card)Stated
limits		Stated (TD MySpend)Stated (TD MySpend)Stated (TD MySpend)
WealthsimpleStated–Stated (Visa Platinum Prepaid card)Stated (Chequing account)
limits		–––

Stated: the bank's own page or app-store listing describes the feature; its words and source are in the bank's entry below. A dash: this table has no statement from that bank, not that the app lacks the feature.

Checked against each bank's pages on October 22, 2026.

Banks in this table: BMO, CIBC, Desjardins, EQ Bank, KOHO, National Bank, Neo Financial, RBC, Scotiabank, Simplii Financial, Tangerine, TD and Wealthsimple.

Each bank’s sending limits are on e-Transfer limits by bank, its mobile cheque deposit limits and holds on mobile deposit limits by bank, and e-Transfer fees on Interac e-Transfer fees.

Which banks’ cards can be added to Apple Pay or Google Pay is on digital wallets in Canada.

Each bank’s app, in its own words

One entry per bank, in the same order as the table, quotes each feature statement with its source and links to the page where that bank’s accounts and fees are set out.

BMO
  • Cheque deposit: “Deposit cheques instantly using the BMO Mobile Banking App” Source: BMO's page
  • Face or fingerprint sign-in: “Sign in using Touch ID for quick access to BMO Mobile Banking” (Touch ID only) Source: App Store listing
  • Lock a card: “Sign in to Mobile Banking. Select your credit card and then Manage cards on the card detail page (gear icon.) Select Lock or unlock card.” (credit cards) Source: BMO's page
  • Interac e-Transfer: “send an INTERAC e-Transfer” Source: App Store listing
  • Alerts: “You can choose to get your alerts by email, text message or BMO Mobile Banking app notification” Source: BMO's page
  • Spending insights: “Stay on top of your spending with a personalized look at your money” (credit cards) Source: BMO's page
  • Card in a phone wallet: “Enjoy the use of Apple Pay with your BMO Debit and Credit Cards at the cash register” (BMO debit and credit cards) Source: App Store listing

Accounts and fees: BMO's accounts

CIBC
  • Cheque deposit: “to deposit a cheque with CIBC eDeposit” Source: CIBC's page
  • Face or fingerprint sign-in: “Securely access your accounts with your fingerprint, face ID or password” Source: App Store listing
  • Lock a card: “Find out how to protect your misplaced credit card through CIBC Online Banking ® or the CIBC Mobile Banking ® App” (credit card) Source: CIBC's page
  • Interac e-Transfer: “Send and receive money instantly with Interac e-Transfer” Source: App Store listing
  • Alerts: “get text alerts about transactions or suspicious activity on your account” Source: CIBC's page
  • Budgeting or goals: “Manage your daily spending and grow your savings with help from CIBC Smart Planner – a tool included in the CIBC Mobile Banking App” Source: CIBC's page
  • Card in a phone wallet: “Use Apple Pay at payment terminals” Source: App Store listing

Accounts and fees: CIBC's accounts

Desjardins
  • Cheque deposit: “Deposit a cheque just by taking pictures of the front and back” Source: Desjardins's page
  • Face or fingerprint sign-in: “Use your fingerprint or facial recognition to identify yourself” Source: Desjardins's page
  • Lock a card: “If you’ve lost your credit or debit card, you can even temporarily lock your card” (credit or debit card) Source: App Store listing
  • Interac e-Transfer: “transfer money between accounts and make or receive Interac e-Transfers” Source: App Store listing
  • Alerts: “activate these alerts from the mobile app or a computer” Source: Desjardins's page
  • Spending insights: “Our virtual assistant, Alvie, presents financial insights based on your transactions. Alvie helps you: Track your daily spending” Source: Desjardins's page
  • Budgeting or goals: “Set budgets and stick to them” Source: Desjardins's page
  • Card in a phone wallet: “Make purchases with Apple Pay or Google Pay using your smartphone or tablet” Source: Desjardins's page

Accounts and fees: Desjardins's section

EQ Bank
  • Cheque deposit: “check your account balances, deposit cheques, transfer funds, pay bills, and send money with our redesigned user-friendly mobile app” Source: App Store listing
  • Lock a card: “lock your Card through EQ Bank’s mobile banking app” (EQ Bank Card) Source: EQ Bank's page

Accounts and fees: EQ Bank's profile

KOHO
  • Lock a card: “Lock your card in the app if lost or stolen” Source: KOHO's page
  • Interac e-Transfer: “Send and receive money safely and freely to anyone in Canada with your KOHO account.” Source: KOHO's page
  • Alerts: “Real time alerts” Source: KOHO's page
  • Spending insights: “integrated app that gives you real-time insights into your spending and saving” Source: KOHO's page
  • Budgeting or goals: “set Savings Goals” Source: KOHO's page
  • Card in a phone wallet: “Add it to Apple, Samsung, or Google Pay” (KOHO virtual card) Source: KOHO's page

Accounts and fees: KOHO's profile

National Bank
  • Cheque deposit: “Save even more time with mobile cheque deposits” Source: National Bank's page
  • Face or fingerprint sign-in: “Save time by signing in with fingerprint recognition” Source: National Bank's page
  • Interac e-Transfer: “Send money in seconds with Interac e-Transfer” Source: App Store listing
  • Budgeting or goals: “Manage your daily budget in moments” Source: National Bank's page
  • Card in a phone wallet: “With Google Pay TM and Apple Pay TM , you can make purchases with your phone by charging them directly to your National Bank credit card” (National Bank credit card) Source: National Bank's page

Accounts and fees: National Bank's fees

Neo Financial
  • Interac e-Transfer: “Interac e-Transfer® payments” Source: Neo Financial's page
  • Alerts: “Get alerts the moment your balance changes” Source: Neo Financial's page
  • Spending insights: “Real-time spend tracking and categorization” Source: Neo Financial's page
  • Budgeting or goals: “Smart insights and budgeting tools” Source: Neo Financial's page
  • Card in a phone wallet: “open the Neo app, select your card, and choose Add to Apple Wallet or Add to Google Wallet” Source: Neo Financial's page

Accounts and fees: Neo Financial's profile

RBC
  • Cheque deposit: “Take a picture of your cheque using your mobile device and deposit it into the account of your choice” Source: RBC's page
  • Face or fingerprint sign-in: “biometric identification technology, like Touch ID or Face ID, so you can securely access the app without having to remember your password” Source: App Store listing
  • Lock a card: “you can lock your card directly from your phone using the RBC Mobile app” (client card or credit card) Source: RBC's page
  • Interac e-Transfer: “you can send, request and receive money any time by using the Interac e-Transfer service available in RBC Online Banking 1 or the RBC Mobile 1 app” Source: RBC's page
  • Spending insights: “NOMI Insights help you manage your day-to-day finances with personalized tips and spend trends” Source: App Store listing

Accounts and fees: RBC's accounts

Scotiabank
  • Cheque deposit: “Deposit cheques” Source: Scotiabank's page
  • Face or fingerprint sign-in: “Access your account with your fingerprint or Face ID/Face Unlock on compatible devices” Source: Scotiabank's page
  • Lock a card: “learn how to lock your card in the app” (credit card or ScotiaLine access card) Source: Scotiabank's page
  • Interac e-Transfer: “Send, receive and request Interac e-Transfer” Source: Scotiabank's page
  • Alerts: “Customizable Scotia InfoAlerts and notifications help you stay on top of what's happening in your accounts” Source: Scotiabank's page
  • Spending insights: “Get personalized insights, track your spending, create budgets, and more all under the Advice+ tab” Source: Scotiabank's page
  • Budgeting or goals: “Create a budget and reach your financial goals faster with personalized insights and advice from Scotia Smart Money by Advice+” Source: Scotiabank's page
  • Card in a phone wallet: “Once you add your card to your mobile wallet, you can use Apple Pay, Google Pay, and Samsung Pay to make contactless and tap payments in-store and online.” Source: Scotiabank's page

Accounts and fees: Scotiabank's accounts

Simplii Financial
  • Cheque deposit: “Simplii mobile banking app makes banking simpler. Check balances, pay bills, deposit cheques” Source: App Store listing
  • Interac e-Transfer: “send and receive money in a snap with Interac e-Transfer” Source: App Store listing
  • Alerts: “You can choose to receive a notification by email, text message or push notification once an alert is turned on” Source: Simplii Financial's page
  • Card in a phone wallet: “Simplii Financial shares selected Google Pay transaction information with Google for each card you have added to Google Pay” (Google Pay) Source: Simplii Financial's page

Accounts and fees: Simplii Financial's profile

Tangerine
  • Cheque deposit: “deposit a cheque” Source: App Store listing
  • Face or fingerprint sign-in: “Use Apple’s built-in face or fingerprint recognition technology (Touch ID or Face ID)” Source: App Store listing
  • Interac e-Transfer: “send money with Interac e-Transfer®” Source: App Store listing
  • Alerts: “receive important notifications” Source: App Store listing
  • Spending insights: “View and act on Insights – a feature that gives you helpful, relevant and timely information” Source: App Store listing
  • Budgeting or goals: “Money Management Tools, like Goals and Left to Spend” Source: App Store listing
  • Card in a phone wallet: “Add your Tangerine Client Card and Credit Card to your Apple Pay , Google Pay , and Samsung Pay mobile wallets” (Tangerine Client Card and Credit Card) Source: Tangerine's page

Accounts and fees: Tangerine's profile

TD
  • Cheque deposit: “deposit cheques” Source: TD's page
  • Face or fingerprint sign-in: “Learn how to set up Touch ID, Face ID or Android Biometrics on the TD app” Source: TD's page
  • Lock a card: “lock it instantly through the TD app while you look” (TD Access Card or TD Credit Card) Source: TD's page
  • Interac e-Transfer: “Use the TD app to securely send and receive money using Interac e-Transfer” Source: TD's page
  • Alerts: “Also get transaction alerts every time money is spent” (TD MySpend) Source: TD's page
  • Spending insights: “Use MySpend to track your expenses and get spending insights” (TD MySpend) Source: TD's page
  • Budgeting or goals: “create a wishlist of savings goals and get insights to help you make these goals happen” (TD MySpend) Source: TD's page

Accounts and fees: TD's accounts

Wealthsimple
  • Cheque deposit: “if you need to deposit a cheque, you just need to take a photo of the front and back in the app” Source: Wealthsimple's page
  • Lock a card: “lock your card if something happens to it” (Visa Platinum Prepaid card) Source: Wealthsimple's page
  • Interac e-Transfer: “enjoy great features like free Interac e-Transfers®” (Chequing account) Source: App Store listing

Accounts and fees: Wealthsimple's profile

Checked against each bank's pages on October 22, 2026.

Banks in this list: BMO, CIBC, Desjardins, EQ Bank, KOHO, National Bank, Neo Financial, RBC, Scotiabank, Simplii Financial, Tangerine, TD and Wealthsimple.

Is banking in an app safe?

FCAC says most financial institutions have policies that protect customers from unauthorized transactions in online banking, and that a person who gives their online banking details to anyone, even a partner, family member or friend, may risk losing that protection. FCAC also says to download banking apps and their updates only from a trusted source, such as the institution’s own website or the device’s app store.

How banking fraud works, and how to protect against it, is on banking fraud in Canada.

Open banking in Canada

FCAC says: “Open banking, also called consumer-driven banking, is not available in Canada yet.” Financial Consumer Agency of Canada It defines the term this way: “Open banking is a framework that allows you to share your financial data with financial technology companies of your choice.” Financial Consumer Agency of Canada With open banking, FCAC says, the bank shares the customer’s data with the app, so the customer does not give the app their online banking username and password.

Where open banking stands, date by date

Each step below has its date and its status as its source states it, oldest first.

  1. August 4, 2021: Final report of the Advisory Committee on Open Banking. “the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the final report from the Advisory Committee on Open Banking” Source: Department of Finance Canada news release
  2. 2023 Fall Economic Statement: Policy Statement on Consumer-Driven Banking. “The government will develop and implement a legislative framework for consumer-driven banking that will enable consumers to securely and confidently access their financial data” Source: Department of Finance Canada
  3. Assented to 2024-06-20: First Consumer-Driven Banking Act (2024). “[Repealed, 2026, c. 3, s. 246] - 2026-03-26” (S.C. 2024, c. 17, s. 198) Source: Justice Laws Website
  4. Assented to 2026-03-26: Consumer-Driven Banking Act (current). “Act current to 2026-09-30” (S.C. 2026, c. 3, s. 224) In force: The provisions of this Act, other than sections 1 to 9, 13, 14, 74 and 113, subsections 114(1), (2), (4) and (5), paragraph 115(a) and sections 117 to 119, 123 to 132, 136 to 139, 143, 147 to 149, 169, 170 and 172 to 179, not in force. Source: Justice Laws Website
  5. June 27, 2026: Proposed Consumer-Driven Banking Regulations. “Interested persons may make representations concerning the proposed Regulations within 60 days after the date of publication of this notice.” Source: Canada Gazette, Part I

Statuses as each source stated them when checked on October 22, 2026; this list is re-read every three months.

How the framework would work

The current Act applies to data about these products and services: “(a) deposit accounts; ... (b) registered investment accounts; ... (c) non-registered investment accounts; ... (d) payment products; ... (e) lines of credit, mortgages or hypothecs and other kinds of loans” Justice Laws Website Justice Laws marks that provision with the note “The following provision is not in force.” Justice Laws Website

The proposed regulations in the Canada Gazette describe a staged start, as proposed rather than decided: “Elements of the framework related to “in scope data” (e.g. accounts) would also be phased in with staggered coming-into-force dates in accordance with the complexity of account type, beginning with deposit and payment accounts, then moving to lending accounts, registered accounts, and then non-registered accounts.” Canada Gazette, Part I The same notice says “the full suite of proposed Regulations is intended to be in force within one year of final publication in the Canada Gazette” Canada Gazette, Part I, which states an intention rather than a date.

The Department of Finance says “the responsibility for implementation and oversight of Canada's Consumer-Driven Banking Framework will be delegated to the Bank of Canada” Department of Finance Canada, and the Act’s definitions read “Bank means the Bank of Canada.” Justice Laws Website

Finance says the government will first require banks to take part, based on a threshold for retail volume. Of other institutions, it says “Remaining federally regulated financial institutions, as well as credit unions, crown corporations acting as banks, registered payment service providers, and other entities seeking accreditation will be able to opt-in” Department of Finance Canada, provided they meet the requirements for entry and show they follow technical and security specifications. How credit unions are regulated is on credit unions vs banks.

Finance also plans consultation and policy work on “a second phase of consumer-driven banking that considers broader functionality and participant scope” Department of Finance Canada, including “write access”, the ability to start an action from an account.

Screen scraping

Finance says “about nine million Canadians currently share their financial data by providing their confidential banking credentials in a process known as screen-scraping” Department of Finance Canada. FCAC says screen scraping is not open banking, and describes the risk: “Say you provide your online banking username and password to another party like a fintech app. You may lose the protection your bank offers against unauthorized transactions.” Financial Consumer Agency of Canada FCAC adds that this means a person may be responsible for “losses due to unauthorized transactions”, even if the app has security measures in place.

On ending the practice, Finance says: “The prohibition of screen scraping will come into force once the framework is fully operational.” Department of Finance Canada “The Department of Finance will continue to consult with stakeholders to determine an appropriate timeline for bringing the prohibition into force.” Department of Finance Canada

Budgeting apps are compared on budgeting apps in Canada.

Sources

The figures and rules on this page come from these sources, last checked against them between September 14, 2026 and October 22, 2026. How we check facts.