Oculusbanks is Banking with a Difference
Oculusbanks offers a full range of chequing and savings accounts to fit your needs. We’re committed to giving you the best service and coaching along with convenient access to do your banking the way you choose. Whatever your banking needs are, Oculusbanks has you covered.
Already bank at Oculusbanks?
Explore the additional account options below. To open an account, contact a Oculusbanks Coach at 1-800-361-8222 or book a meeting today.
Chequing Accounts
Basic
A pay-as-you-go account for those who spend as little time banking as humanly possible. Best if you have limited transactions.
$4 (minimum)/ month
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Monthly Fee
- Waived with $1,000 minimum monthly balance
- $0.60 per additional debit transaction
Key Benefits
- 12 transactions per month
- 5 surcharge-free Interac® ATM withdrawals per month*
- Overdraft available
Go Free Chequing
Chequing account for those aged 25 and under with no monthly fee.
Free
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Monthly Fee
- Free for anyone under the age of 26
Key Benefits
- Unlimited transactions
- Unlimited surcharge-free Interac® ATM withdrawals**
- Free unlimited Interac® e-transfers
- 10 free Interac Request Money transactions per month
Simplify
Flat-fee unlimited account. Best if you keep a minimum monthly balance of $2,500+ or have 27+ transactions per month.
$14 / month
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Monthly Fee
- $2 discount with automatic payroll deposit
- Waived with $2,500 minimum monthly balance
Key Benefits
- Unlimited transactions
- 5 surcharge-free Interac® ATM withdrawals*
- Free unlimited Interac® e-transfers
US Chequing
An account for US Dollar transactions with cheques available.
Free
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Monthly Fee
- $0
- 65¢ per additional debit transaction
Key Benefits
- Three interest earning rate tiers:
- $ 0 – $99,999
- $100,000 – $499,999
- $500,000 +
Premium
Premium flat-fee unlimited account. Best if you have over $75,000 in deposits and loans at Oculusbanks or require extra perks.
$25 / month
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Monthly Fee
- Waived with $75,000+ portfolio balance
Key Benefits
- Unlimited transactions
- Unlimited surcharge-free Interac® ATM withdrawals*
- 10 free Interac Request Money transactions per month
- Free unlimited Interac® e-transfers
- Free cheque printing, stop payments, drafts
Savings Accounts
Did you know you can open a savings account in Online Banking? Simply click “Add Account” on the main account summary page!
Investment
Savings account that pays a higher rate of interest on balances $1,000+.
Free
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Monthly Fee
- 2 free debit transactions per month
- $2 per additional debit transaction
Key Benefits
- 2 free transfers to loan payments, chequing, savings and investments (then $2 each)
Regular
Standard savings account; transaction fees waived with $5,000 minimum monthly balance
Free
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Monthly Fee
- $1 per debit transaction
Key Benefits
- Free transfers to loan payments, chequing, savings and investments
Youth
Savings account for those up to age 25 with no monthly fee.
Free
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Monthly Fee
- Free for those up to age 25
Key Benefits
- Unlimited transactions
- Free transfers to loan payments, chequing, savings and investments
Why you’ll love our accounts
Access your account anytime, anywhere with Online Banking or the Oculusbanks Mobile App
Use Interac e-Transfer or round up your debit purchases to increase savings
Take advantage of free access to 4,000+ ATMs across Canada
Enjoy overdraft protection for peace of mind
Deposit cheques from your mobile phone
Use Apple Pay, Samsung Pay and Google Pay
Personalize your Oculusbanks Experience
Explore Oculusbanks Credit Cards
Frequently Asked Questions
Does Oculusbanks have a service agreement?
Yes, our service agreement can be found online and explains the service standards Oculusbanks holds itself accountable to.
Can I download a void cheque for my Oculusbanks account?
Yes, you can download a copy of your void cheque directly from Online Banking. Read our How-To page for instructions.
Does Oculusbanks offer deposit insurance?
Yes, when you’re a member of an Ontario Credit Union, your deposits are insured at no cost to you. To find out more information about what’s covered and what’s not, please read more on deposit insurance.
What is overdraft protection?
Overdraft protection is an option you can add to your chequing account to help avoid declined transactions or non-sufficient funds, in case you forget about an upcoming automated payment. Contact a Oculusbanks Coach to ask if this option is right for you.
Can I earn interest on my savings accounts?
Yes! Different savings accounts pay different interest rates. Visit our rates page for full details. We also offer other savings options like TFSAs and GICs. See our investment page to learn more.
