Island Savings

Free Chequing - Simply Free Account®

This banking account is for you if:

  • you want a free chequing account with no strings attached.
  • you want to send or request an Interac e-Transfer® for free.
  • you have better plans for your money than paying fees.

Freeno monthly account fee

FreeInterac e-Transfers


Free Bank Account Details

FREE unlimited transactions per month, including:

  • FREE Interac e-Transfer® service within Canada
  • FREE unlimited cheque clearing
  • FREE unlimited debit card transactions
  • FREE preauthorized payments and deposits
  • FREE withdrawals
  • FREE bill payments
  • FREE unlimited access to online banking and mobile banking
  • FREE access to over 4,500 ding-free® ATMs across Canada
  • No minimum balance requirement

Additional Features & Benefits

  • FREE eStatement through online banking
  • FREE online cheque viewing
  • FREE starter cheques
  • Plus, you can rest easy knowing that your deposits are 100% guaranteed†


Want more perks?

Register on our Referral Perks® website and use it to refer a friend to visit one of our Island Savings branches and join First West Credit Union, and you'll both be eligible to earn $100—that's right, a $100 thank you gift for each of you! Refer Now!



® Trade-Mark of Interac Inc. Used under licence

†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.


Monthly Fee
No interest paid for this account
Send Me-to-Me Transfer $1.00
Interac® ATM withdrawal $2.00
US and International ATM withdrawal $3.00


Here is an easy access document that includes everything you need to know about the terms and conditions for this account. Read more (PDF).

Ready to apply? Opening a Simply Free Account® with us is easy!


Open a new account online or if you’re already a member, simply call us and we’ll take care of the rest.

In Person

If you’re more comfortable coming in to see us, we’d be happy to open a new account for you or make changes to your existing account.

By Phone

If you’d like to call us, here is a complete list of our branch phone numbers.