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Overdraft Protection

Enjoy peace of mind with overdraft protection

A comfortable way to
manage the unexpected


Overdraft protection helps you cover occasional shortfalls in your chequing account, up to your approved overdraft limit.

Choose the right Overdraft Protection option for you:

Monthly Plan


+21% interest per year on overdrawn amount (rate is subject to change)

  • One low monthly fee, regardless of how often overdraft is used per month

  • Great choice for your primary account with frequent transactions


Apply now

Pay As You Go


$5/per use

+21% interest per year on overdrawn amount (rate is subject to change)

  • You only pay when you use the overdraft – the most you'll pay in one day is $5 plus interest on overdrawn amounts

  • Great choice for accounts with limited transactions

Apply now


Avoid NSF Fees

Avoid Non-Sufficient funds
(NSF) Fees

Avoid refused transactions

Avoid the inconvenience of
having debit transactions refused

Cover the occasional shortfall

Access to additional funds in your
account up to your approved overdraft limit


How it works

Subject to the terms of your overdraft protection agreement, debit transactions within your approved overdraft limit will be processed and your overdrawn balance for each transaction will need to be paid within 89 days.

Each of your deposits will be immediately and automatically applied against the overdrawn balance until the balance is paid.


Expand Legal

1Based on the number of accounts with Pay As You Go Overdraft Protection as compared to Overdraft Protection – Monthly Plan as of February 28th, 2017.