Financial Consumer Agency of Canada
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Credit Cards and You: Service Fees on Credit Card Transactions
Credit card service fees comparison table
The information contained in this table is updated periodically by FCAC. Financial institutions can change the costs as well as the terms and conditions of their products at any time. Contact the financial institutions directly if you wish to obtain the latest information on their products.Some issuers may offer additional services, free of charge, that are not listed in the table below.
| Issuer | Card Type | Cash Advance Fee1 (in Canada) |
Cash Advance Fee2 (outside Canada) |
Over- the- Limit Fee ($) |
Handling Dishonoured Cheques or Cash Advances3 ($) |
Converting Transactions Made Outside Canada into Canadian Currency (%) |
Inactive Credit Balance Fee | Purchases of Wire Transfers, Money Orders, Bets, Lottery Tickets or Casino Gaming Chips | Reprinting Statements ($) |
Making Copies of Transaction Records (Sales Slips) ($) |
|---|---|---|---|---|---|---|---|---|---|---|
| Alterna Bank | All cards | 1.00% of amount | 1.00% of amount | 35 | 20 | 2.50 | (After 1 yr. - $5, after 2 yrs. - $15, after 5 yrs. - $25, after 9 yrs. - $30)4 |
1.00% of amount (Min. $7.50, no max.) |
2.505 | 2.505 |
| Alterna Savings | All cards | 1.00% of amount | 1.00% of amount | 35 | 20 | 2.50 | (After 1 yr. - $5, after 2 yrs. - $15, after 5 yrs. - $25, after 9 yrs. - $30)4 |
1.00% of amount (Min. $7.50, no max.) |
2.505 | 2.505 |
| Amex Bank of Canada | All cards | $2.75 | $2.75 | 29 | 25 | 2.50 | | | 3.00 | |
| ATB Financial | All cards | $2.50 (ABM)/$5 (in-branch) | $5.00 (ABM)/$7.50 (in-branch) | 30 | 40 | 2.90 | N/A | N/A | 10.00 | 5.00 |
| BMO Bank of Montreal | All cards | $1.50 to $2.75 at an ABM, $3.00 to $4.00 in-branch |
$3.50 to $4.50 at an ABM, $5.00 to $6.00 in-branch |
25 | 25 | 2.50 | | $2.75 | 2.00 | 2.00 |
| Canadian Tire | Standard | $4.00 | $4.00 | | 25 | 2.50 | After 1 yr. - $104 | | 2.00 | 2.00 |
| Canadian Western | All cards | 1.00% of amount (Min. $7.50, no max.) |
1.00% of amount (Min. $7.50, no max.) |
25 to 35 | 20 to 35 | 2.50 | (After 1 yr. - $5, after 2 yrs. - $15, after 5 yrs. - $25, after 9 yrs. - $30) |
1.00% of amount (Min. $7.50, no max.) |
2.50 | 2.50 |
| Capital One Bank | Platinum | 1.00% of amount (Min. $5.00, max. $10.00) |
1.00% of amount (Min. $5.00, max. $10.00) |
20 | 20 | 2.50 | | 1.00% of amount (Min. $5.00, max. $10.00) |
3.00 | 2.00 |
| Capital One Bank | Gold, Secured | 1.00% of amount (Min. $5.00, max. $10.00) |
1.00% of amount (Min. $5.00, max. $10.00) |
29 | 29 | 2.50 | | 1.00% of amount (Min. $5.00, max. $10.00) |
3.00 | 2.00 |
| CIBC | All cards (except U.S. dollar card) | $2.50 | $5.00 | 206 | 25 | 2.50 | After 360 days - $104 | $2.50 - in Canada $5.00 - outside Canada |
2.007 | 2.007 |
| CIBC | U.S. dollar card | US $2.50 | US $2.50 | US $20 | US $25 | 2.50 | After 360 days - $104 | US $2.50 - in Canada US $2.50 - outside Canada |
US $2.007 | US $2.007 |
| Citibank Canada | All cards | $3.00 | $3.00 | 29 | 40 | 2.50 | $25 | | 10.007 | 2.007 |
| Citizens Bank of Canada | All cards | $2.00 | $2.00 | 10 | 22 | 2.00 | $108 | | 2.009 | 5.009 |
| Coast Capital Savings | All cards | | | | | 1.80 | | | | |
| CUETS Financial | All cards | $2.00 at an ABM; $4.00 in-branch at a MasterCard financial institution |
$3.50 at an ABM, $4.85 in-branch at a MasterCard financial institution |
20 | 20 | 2.50 | | | 2.00 within 6 months; $20/hr. afterwards | 10 |
| Desjardins | All cards | | | | | 1.80 | | | | |
| Diners Club International | Platinum | 4.00% of amount or $2.00, whichever is greater |
4.00% of amount or $2.00, whichever is greater |
| 25 | 2.00 | | N/A | | |
| GE Money Canada | All Hbc cards | 2.00% of amount or $1.00, whichever is greater (max. $10.00) |
2.50% of amount | 20 | 30 | 2.50 | | | 3.00 | 2.00 |
| Home Trust10 | Equityline Visa | $2.00 | $4.50 to $5.50 | 29 | 45 | 0 | | $50 per wire transfer, $10 per convenience cheque | 5.00 | 5.00 |
| Home Trust | Secured Visa | $2.00 | $4.50 to $5.50 | 29 | 45 | 2.00 | | | 5.00 | 5.00 |
| HSBC Bank Canada | All cards | $2.00 at an ABM, $3.00 in-branch |
$4.00 at an ABM, $5.00 in-branch |
29 | 25 | 2.50 | After 1 yr. - $104 | $2.75 | 10.00 | 10.00 |
| JPMorgan Chase Bank NA | Sears Card | 1% of amount (min $5.00, no max) | N/A | 25 | 25 | 2.50 | After 1 yr. - $254 | N/A | 2.00 | 3.00 |
| JPMorgan Chase Bank NA | All cards except Sears Card, Future Shop Card and Best Buy Card | 1.00% of amount (Min. $5.00, no max.) |
1.00% of amount (Min. $5.00, no max.) |
25 | 25 | 2.50 | After 1 yr. - $254 | N/A | 2.00 | 4.00 |
| JPMorgan Chase Bank NA | Future Shop Card and Best Buy Card | 1.00% of amount (Min. $5.00, no max.) |
1.00% of amount (Min. $5.00, no max.) |
25 | 25 | N/A | After 1 yr. - $254 | N/A | 2.00 | 4.00 |
| Laurentian Bank | All cards | VISA Cheque $2.00 at LBC ABM or in-branch; $2.25 at other ABM | $3.50 | | 25 | 2.50 | | | 5.007 | 5.007 |
| MBNA Canada Bank | All cards | 1.00% of amount (Min. $7.50, no max.)11 |
1.00% of amount (Min. $7.50, no max.)11 |
35 | 20 | 2.50 | (After 1 yr. - $5, after 2 yrs. - $15, after 5 yrs. - $25, after 9 yrs. - $30)4 |
1.00% of amount (Min. $7.50, no max.)11 |
2.505 | 2.505 |
| National Bank | All cards | $2.00 to $2.50 | $5.00 | | 40 | 2.50 | | | 5.007 | 5.007 |
| Peoples Trust | Secured | $7.50 | $7.50 | 29 | 39 | 2.50 | | | 2.50 | 5.00 |
| Peoples Trust | Standard | 3% or $20 whichever is greater | 3% or $20 whichever is greater | 20 | 20 | 1.00 | | | 3 | |
| President's Choice Bank | Standard | $0 to $2.5012 | $4.00 | 20 | 25 | 2.50 | | 1.00% of amount (Min. $2.75, max. $10) |
5.00 | |
| RBC Royal Bank | All cards | $2.50 | $5.00 | 2013 | 40 | 2.50 | | $2.50 - in Canada $5.00 - outside Canada |
5.00 (1.50 charged for an update requested in branch in Canada or at an ABM) 7 | 2.007 |
| Scotiabank | All cards | $2.00 | $5.0014 | 20 | 35 | 2.50 | After 1 yr. - $1015 | | 2.00 | 2.00 |
| TD Canada Trust | All cards (except U.S. dollar card) | $2.50 | $2.50 | 2016 | 42.50 | 2.50 | | $2.50 | 10.00 | 10.00 |
| TD Canada Trust | U.S. dollar card | 2.00% of amount (Min. $2.50, max. $25.00) |
2.00% of amount (Min. $2.50, max. $25.00) |
US $1516 | US $42.50 | 2.5017 | | 2.00% of amount (Min. $2.50, max. $25.00) |
10.00 | 10.00 |
| Vancity Credit Union | All cards | $2.00 | $2.00 | 10 | 22 | 2.00 | There is a $10.00 charge for the reimbursement of a credit balance by cheque | | 2.007 | 5.007 |
| Westminster Savings Credit Union | All cards | | | | | 1.80 | | | | |
1. In addition to Interac or convenience fees at privately-owned ABMs.
2. In addition to System Plus, Cirrus or convenience fees at privately-owned ABMs.
3. If the cheque for your credit card payment is sent back to the credit card issuer because of "non-sufficient funds" (NSF), or if a cheque for a cash advance on your credit card is not accepted by your credit card issuer because you have exceeded your credit limit.
4. Or the credit balance amount, whichever is lower.
5. Most recent six months provided free of charge.
6. There is no overlimit fee on CIBC Aerogold Visa Infinite and CIBC Aventura Visa Infinite.
7. There is no charge if the request is made within 30 days after the statement is issued.
8. There is a $10 charge for the reimbursement of credit balance by cheque.
9. There is no charge for a copy of the current month.
10. Fees outlined in this document do not apply to residents of the province of Quebec.
11. The fee may vary from 0%, 1%, 2% (min $7.50) or 3% (min $7.50) with certain promotional offers. Contact MBNA for further details.
12. This is free at President's Choice Financial and at CIBC bank machines.
13. This fee is not applicable to the RBC Visa Infinite - Private Banking Card and RBC VISA Avion Infinite.
14. This is free at Scotiabank and Global ATM Alliance bank machines.
15. This only applies to Scotiabank card products without an annual fee, if there were no transactions made (either debit or credit).
16. Except TD First Class Travel Visa Infinite card
17. Converting the amount of a transaction into U.S. currency
N/A: The service or fee is not applicable.
—: No fee associated with this service.
