Offers
FlyerFunds Rebate
Plus, if you apply for the Innovation Federal Credit Union No-Fee Chequing Account through Frugal Flyer and are approved, you can receive an additional $100 paid directly to you.
Monthly Transaction Rewards
Members can earn an additional $30 per year – they’ll receive $2.50 each month for completing the 5 following transactions:
- Make a pre-authorized deposit
- Make a pre-authorized payment
- Pay a bill online
- Deposit a cheque using the mobile banking app
- Subscribing to receive e-statements
Account Features
The Innovation Federal Credit Union No-Fee Chequing Account offers unlimited transactions with no transaction fees, including free and unlimited Interac e-Transfers® in online banking.
Account holders are eligible to access free ATMs across Canada (must be ding free ATM locations).
Fees
Monthly Fees
The Innovation Federal Credit Union No-Fee Chequing Account has no monthly maintenance fees.
Membership Fees
There is a $5 membership fee to join the credit union. Currently this fee is waived for new members.
For members who paid to join, the fee is returned upon leaving the credit union.
I’ve been approved already and never got my 100$
Hi Tyler,
If this comment is in relation to a rebate application, please contact us at [email protected] so our team can further assist with your individual situation.
I like that the account offers small monthly rewards for basic banking activities, even without a welcome bonus. For users who already do these transactions, the extra $30 per year feels like a simple added perk rather than a gimmick.