National Bank’s personal chequing lineup has three packages: The Minimalist, a flat-fee plan for electronic banking, and The Connected and The Total, which are waived when you keep a minimum balance. This page lists each package’s fee and the service charges outside it. The Canadian bank fees comparison sets National Bank against the other banks.
Source: National Bank “Fee Guide for Personal Banking Solutions,” effective February 15, 2026.
National Bank monthly package fees
| Account | Monthly Fee | Fee Waiver (Min Balance) | Transactions |
|---|---|---|---|
| The Minimalist | $3.95 | None (no balance-waiver option on this package) | 18 electronic transactions/month, no branch transactions included |
| The Connected | $15.95 | $4,500 | Unlimited electronic transactions; $2.50/branch transaction |
| The Total | $28.95 | $6,000 | Unlimited electronic and branch transactions |
The Minimalist has no balance waiver and includes no branch transactions, so it suits accounts run almost entirely online. The Connected charges per branch transaction, while The Total includes them. National Bank’s current fee guide doesn’t list a separate no-fee digital chequing account.
Transaction and service fees
| Service | Fee |
|---|---|
| Interac e-Transfer, sending | $1.25 (free with a banking package or offer) |
| Interac e-Transfer, receiving | Free |
| Interac e-Transfer, cancelling | $3.50 |
| ATM withdrawals | $0.75/transaction + $1.00/month flat fee at National Bank ABMs; $2.00 (Interac network) or $5.00 (Cirrus network) at non-National-Bank ABMs; free via THE EXCHANGE network |
| Stop payment | $16.00 (complete information), $30.00 (partial information or a series of cheques/pre-authorized payments) |
| Bank draft | $9.00 CAD; US$9.00 (US$5,000 or less) / US$12.50 (over US$5,000); CA$9.00-$12.50 in other foreign currencies by amount |
| Outgoing wire | 0.34% of the amount (min. $20.00, max. $70.00), plus a $15.00 charge for Canada/US or $20.00 for other countries; a $5.95 flat fee applies to online international transfers instead |
| Incoming wire | $5.00 ($100 or less), $20.00 ($100.01-$1,000,000), $25.00 (over $1,000,000) |
As the ATM row shows, National Bank clients can also withdraw without a fee at machines in THE EXCHANGE, a network shared with credit unions and other institutions; how the ATM networks work is explained in the ATM withdrawal limits roundup. How much you can send by e-Transfer is on the National Bank e-Transfer limits page.
NSF and overdraft fees
| Fee | Amount |
|---|---|
| NSF (returned item) | $10.00 (CAD accounts), $5.00 (USD accounts) |
| Overdraft protection | $5.00/day (Specific Funds Transfer overdraft protection, via a linked deposit account, margin account, or National Bank Mastercard) |
Federal rules cap the NSF fee on personal deposit accounts. National Bank charges its overdraft fee per day the protection is used rather than as a monthly plan fee; NSF fees and overdraft compared shows how that changes the comparison with an NSF fee.
Credit cards and investing
National Bank Mastercard cards have their own annual fees and foreign currency charges, listed in the credit card comparison. Commissions and account fees at National Bank’s brokerage are in the National Bank Direct Brokerage review.
National Bank’s branches, apps and who its accounts suit are covered in the National Bank review, its transit and institution numbers on the National Bank routing number page, and its service lines in National Bank customer service.
Sources
The figures and rules on this page come from these sources, last checked against them on September 14, 2026. How we check facts.
- National Bank: High Interest Savings Account (HISA) | National Bank