Canadian Tire Bank account fees
Canadian Tire Bank prints a short list of account fees and says those are the only ones. A draft is C$5. A wire to another Canadian bank is C$20. There is no monthly account fee on that list. Inactive account fees at other banks are on dormant account fees at Canadian banks.
Last updated: October 25, 2026
Last checked: Oct 2026
The fees the terms list
Opened 25 October 2026. The figures are from Canadian Tire Bank's retail banking terms (PDF), effective 22 July 2026. The terms say the list is the only fees for the account. A monthly account fee is not on it. More pages are on Canadian bank fees.
A draft or office cheque in Canadian dollars is C$5. A wire to another Canadian financial institution, other than the outside account you already linked, is C$20. A cheque you deposit that the other bank does not pay is C$7.50. Stopping a cheque when you give complete details is C$10 for one cheque or a range of cheques. Incomplete details are C$20 per item. Wires at other banks are on what a wire transfer fee is.
A yearly total from numbers you type is on the bank fee calculator. It does not look up this institution.
| Line | What the terms print |
|---|---|
| Draft or office cheque | C$5 |
| Wire to another Canadian bank | C$20 |
| Deposited cheque the other bank does not pay | C$7.50 |
| Stop a payment, complete details | C$10 |
| Stop a payment, incomplete details | C$20 |
| Monthly account fee | Not on the list |
An account you have not used
The terms call the savings account inactive if you neither make a deposit or withdrawal nor request a statement for 2 years. After 2 years the fee is the lesser of the balance or C$20, and it is waived when the balance is over C$20. After 5 years it is the lesser of the balance or C$30, waived when the balance is over C$30. After 9 years it is the lesser of the balance or C$40, waived when the balance is over C$40.
The line on your own statement is the one that counts. Upload it on the upload page. The PDF stays on your device. Expenvo lists the lines. It does not call the institution.
Questions
- Does Canadian Tire Bank charge a monthly account fee?
- The retail banking terms effective 22 July 2026 say the printed list is the only fees for the account. A monthly account fee is not on that list.
- How much is a Canadian Tire Bank draft or wire?
- The same terms print C$5 for a draft or office cheque in Canadian dollars, and C$20 for a wire to another Canadian financial institution other than the outside account you already linked.
- What does Canadian Tire Bank charge for an inactive account?
- After 2 years with no deposit, withdrawal, or statement request, the fee is the lesser of the balance or C$20, and it is waived when the balance is over C$20. After 5 years the figure is C$30. After 9 years it is C$40. Each of those is waived when the balance is over that amount.