Vancity Pay as you go

Overview

Vancity Pay as you go has no recurring monthly fee. Online and mobile bill payments, mobile cheque deposits, and transfers from Vancity accounts are included without a stated count limit.

Other activity is pay-per-use. Debit-card purchases, ATM debits, and written-cheque transactions cost $0.50 each, while in-person transactions cost $0.70. Sending or requesting an Interac e-Transfer costs $0.90.

Features and access

Monthly fees and transactions

Monthly fee: $0The normal recurring monthly fee is $0.
Monthly transactions: UnlimitedOnline and mobile bill payments, mobile cheque deposits, and transfers from Vancity accounts are included without a stated count; card, ATM, written-cheque, and in-person transactions cost extra.

Transfers

Monthly Interac e-Transfers: 0Sending or requesting an Interac e-Transfer costs $0.90; receiving is free.

Card and payments

Payment card: YesVancity MEMBER CARD purchases and ATM debits cost $0.50 each before network or operator fees.

Cash and branch access

Cash deposits: Vancity branches + deposit-capable network ATMsPhysical notes and coins can be deposited at Vancity branches, while notes can be deposited at deposit-capable Vancity, THE EXCHANGE, and ACCULINK ATMs in Canada; coins are prohibited at ATMs. Pay As You Go deposits cost $0, but large-volume note and coin charges apply. Most, not all, network ATMs accept deposits, and no universal deposit limit was published.
Cash withdrawals: Vancity + THE EXCHANGE + ACCULINKNetwork-surcharge-free cash access is available at Vancity, THE EXCHANGE, and ACCULINK ATMs, but the account's $0.50 ATM debit fee applies. Other networks add Vancity and possible operator or foreign-exchange fees.
Branch access: YesBranches provide everyday deposits, withdrawals, bill payments, transfers, drafts, and wires; in-person transactions cost $0.70 each.

Cheques and ownership

Cheque writing: YesWritten-cheque transactions cost $0.50 each; cheque-order pricing is available by contacting Vancity.
Cheque deposits: YesCheques can be deposited through mobile deposit, branches, and supported deposit-taking ATMs.
Joint account: YesJoint accounts are supported with configurable signing authority; a maximum holder count was not established.

Interest

Interest rate: NoneVancity lists a 0.00% rate for every Pay as you go balance tier.

Deposit protection

Eligible deposits at Vancity are covered under British Columbia's credit-union deposit guarantee subject to its terms.