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Updated October 2026

Simplii Financial No Fee Chequing Account vs KOHO Chequing

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Written By BestMoney
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BestMoney
Editor, Writer
Expertise
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Reviewed By Edwin Gan
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Edwin Gan
Editor, Writer

Top 5 Lenders

Overall
Chequing
Savings
1
BMO NewStart Program
2
KOHO Chequing
3
KOHO Core
4
Wealthsimple Savings Account
5
KOHO Savings
1
BMO NewStart Program
2
KOHO Savings
3
KOHO Core
4
Wealthsimple Savings Account
5
KOHO Chequing
1
KOHO Chequing
2
KOHO Savings
3
KOHO Core
4
Neo Chequing Account
5
Neo Savings Account
Get Started
Via BestMoney
Account Type
Chequing Account
Yes
Yes
Savings Account
No
Yes
Investment Account
No
Yes
Account Details
Welcome Bonus
$350
$40
Monthly Fee
0
$0
Minimum Balance
0
$0
Interest
0.01%
3.50%
e-Transfers
Unlimited
Unlimited
Account Features
GIC
No
Yes
RRSP
No
Yes
Student Account
No
No
Unlimited Transactions
Yes
No
USD Transactions
Yes
No
Platform
Website
Yes
Yes
Mobile App
Yes
Yes
Chat Support
Yes
No
Online Banking
Yes
Yes
24/7 Support
Yes
No
AB Availability
Yes
Yes
BC Availability
Yes
Yes
MB Availability
Yes
Yes
NB Availability
Yes
Yes
NL Availability
Yes
Yes
NS Availability
Yes
Yes
NT Availability
Yes
Yes
NU Availability
Yes
Yes
ON Availability
Yes
Yes
PE Availability
Yes
Yes
QC Availability
Yes
Yes
SK Availability
Yes
Yes
YT Availability
Yes
Yes

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