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Is Elevate Chequing the right account for you?

May be right for you if:

  • Checkmark You want premium banking benefits like a credit card rebate and access to free cash withdrawals at Interac Network and International ATMs
  • Checkmark You're interested in potentially advancing your career and future income with online learning from Coursera
  • Checkmark You want added security with identity theft monitoring and protection

May not be right for you if:

  • Cross icon You're not interested in additional banking benefits like a credit card rebate and free ATM transactions
  • Cross icon You just want the basics and aren't eligible for a discount on the monthly fee
  • Cross icon You want an account with no monthly fee

Elevate Chequing Account Details

Monthly Fee $16.95 or less1
Monthly Fee Discounts Reduced fee available based on age,
account balance or payroll direct
deposit. See comparison table below.
Day-to-day Transactions2 Unlimited
Interac e-Transfers Free
Credit Card Rebate3 Up to $50 one-time on the first year annual fee for eligible Coast Capital credit cards *issued by Collabria
Canadian Cheque Book 50 singles per year
Monthly eStatement or paper statement Free
Coast Capital and The Exchange® Network ATM Transactions Free
Interac® Network ATM Transactions (Canada)4 2 free withdrawals per month, then $2.50 each
International ATM Transactions5 3 free withdrawals per year, then $5 each. 2% administration fee on transaction amount still applies.
Coast Online® and Mobile® Banking Free
Included Perks

Free access to Coursera's global learning platform6 and ID Assist® monitoring with password manager. See details below.

When opening multiple Elevate accounts online, please call us at 1.888.517.7000 to provide us with separate unique email addresses for your additional Coursera licenses.
Click here for service fees
Man looking at Coast Capital documents.

Included Perks

Our Elevate Chequing Account comes with free access to the Coursera and ID Assist® services listed below.

Access 11,000+ world-class programs from Coursera.6

With your account we're giving you free access to Coursera's global online learning platform (Value $538/year). Learn from leading companies and universities and earn professional certificates from Google, Meta, IBM and more that could help you advance your career and potentially get paid more.

Learn more

Advanced identity protection with ID Assist®.

Your security and privacy matter to us. Which is why we're giving you free access to identity theft protection and 24/7 dark web monitoring from ID Assist (Value $156/year). Password Manager is also included to help you keep your login info safe, secure and accessible from any of your devices.

Learn more

Compare Accounts

Explore our chequing accounts to understand which account is best suited to your needs.

 

Account Features
Free Chequing Account
Unlimited Chequing Account
Elevate Chequing Account
Monthly Fee $0 $8.50 or less $16.95 of less
Reduced monthly fee if you :
- Maintain a minimum $4,000 daily balance at all times during the calendar month or
- Are 59+ years of age or
- Are 25 years of age or younger		 N/A Pay $0 Pay $8.50
Or get $5 off monthly fee
When you set-up and deposit payroll or another eligible direct deposit into the account.1		 N/A Pay $3.50 Pay $11.95
Interac e-Transfers
Interac e-Transfers
Sending $1.50/transfer Free Free
Receiving Free Free Free
Unlimited day-to-day transactions2 checkmark checkmark checkmark
Free access to ID Assist® - Online identity theft protection
(For one account holder)		 N/A checkmark checkmark
+Password manager
Free access to Coursera6 – Online learning platform
(For one account holder)		 N/A N/A checkmark
Free paper or eStatements eStatement only7 checkmark checkmark
One free Canadian cheque book
(Annually)		 Free for ages 59+ 25 singles 50 singles
Up to $50 one-time first year credit card rebate
On eligible credit cards issued by Collabria3		 N/A N/A checkmark
2 free Interac network Canadian ATM withdrawals per month4 N/A N/A checkmark
3 free International ATM withdrawals per year5 N/A N/A checkmark
  
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Frequently asked questions

The Elevate Chequing Account offers our most premium banking features plus extra perks.

For $16.95 a month or less* you get everything included in our Free Chequing and Unlimited Chequing Accounts plus:

  • Up to $50 one-time rebate on the first year annual fee for eligible Coast Capital credit cards *issued by Collabria
  • 2 free Interac network ATM withdrawals in Canada per month4, then $2.50/each
  • 3 free International ATM withdrawals per year5, then $5.00 each. 2% administration fee on transaction amount still applies.

Plus the account comes with free access for one account holder to:

  • Coursera6- a global platform for online learning and career development through courses and designations from leading universities and companies
  • ID Assist® - Protect yourself from identity theft with 24/7 dark web monitoring and the additional benefit of password manager

*You’ll pay only $11.95 /month when you add an eligible payroll or direct deposit.

*You’ll pay $8.50 /month if you’re 25 years of age or younger, or 59+ years of age, or when you maintain the minimum daily balance of $4,000.1

We definitely think so! In fact, the transfer fee waivers are significant enough that they will offset the monthly cost of the account for many of our members. In addition to the free e-transfers included with the account (compared to $1.50 per e-transfer for our free account), the 2 Interac network ATM withdrawals included monthly and the 3 international ATM withdrawals included yearly present possible savings of up to $75! (2 Interac Network ATM withdrawals per month for 12 months = $60 + $15 for 3 International ATM withdrawals). We know how easily ATM charges can be occurred, so we wanted to give our members peace of mind that these are embedded.

Finally, our Sigma ID protection is valued at $156 a year, and the Coursera access included with the account has a $538 annual value! Not to mention the extra earning potential that Coursera can offer with its opportunity for upskilling and ability to pursue certifications.

No, you can only receive one monthly fee discount per Elevate Chequing account. For example, you cannot receive both the Seniors Discount and the Direct Deposit discount on the same account in the same month. We automatically apply to your account the highest value discount you are eligible for each month.

If you have multiple bank accounts, you could receive a different monthly fee discount for each account, as long as you meet the eligibility requirements to receive each of the discounts.

Direct deposits include recurring payroll, pension and employment insurance direct deposits (including old age security from an employer or the Canadian government).

Here are some more examples of eligible payroll and direct deposits:

Category Description Transaction Codes
Payroll Payroll deposit, special payroll, vacation payroll, overtime payroll, advance payroll, commission payroll, bonus payroll, adjustment payroll 200-207, 450
Pension Federal pension, provincial pension, private pension, Canada Pension Plan, Canada Pension Commission, Old Age Security, War Veteran's Allowance 230-233, 310-312, 315-316
Government Payment Employment Insurance, Family Support, Housing Allowance, Income Security Benefits, Employment Assistance Allowance 313, 318, 600-607

Which Coast Capital Credit cards are eligible for the one-time annual fee rebate of $50?

Only applies to World Mastercard®, Cash Back World Elite Mastercard ®, and Centra Gold Mastercard®

What are eligible ATMs on the Interac ATM Network?

The Interac Network ATM includes ATMs at the bigger banks which include RBC, TD, Scotiabank, CIBC and Bank of Montreal. With the Elevate Chequing Account, members get 2 free Interac network ATM withdrawals in Canada per month and then $2.50/each.4

What is Coursera and what access is included with Elevate Chequing?

Coursera is an online learning platform offering multiple continuing education opportunities from leading universities and institutions. As a bonus on their Coast Capital Elevate Chequing Account, a primary account holder will receive one (1) free Coursera for Business license for the account holder’s personal use. This license will be associated with the primary account holder’s email address on Coast Capital’s records. The license can only be used with the associated email address to open a Coursera account. The license will be valid for the period the primary account holder maintains a Coast Capital Elevate Chequing Account in good standing. The license has a monetary value of $538 CAD per year or monthly monetary value of $79 CAD as of January 1, 2024.

Can I transfer my Coursera license access to someone else?

Yes, you will have the ability to gift or transfer your license to someone else. For more information contact us at 1.888.517.7000 or visit a branch.

What is ID Assist®?

ID Assist® is a robust monitoring service designed to protect you from the complexities of identity theft. Valued at $156/year this service is free for one account holder as long as your Unlimited Chequing Account remains active and in good standing.

How do I activate ID Assist®?

Visit the ID Assist website at www.ccs.idassist.com and enter your unique access code enclosed in your notification letter.

How do I get a secondary account holder access to ID Assist?

The free access is available for one account holder. The Primary account holder will receive the activation code but can choose to give the code to another account holder to use instead. Joint account holders interested in identity theft protection services can also enroll in one of the paid plans. For more details, visit www.ccs.idassist.com

Absolutely! If you are considering opening multiple Elevate accounts to take advantage of these awesome benefits please keep in mind that each account requires a separate unique email address for us to send you your Coursera licenses. For each additional account, you will need to give our Advice Center a call at 1.888.517.7000 to provide us with the email addresses you would like the Coursera Licenses sent.

Helping people and businesses in Canada have financial opportunities to thrive together today and tomorrow.

10% reinvested every year in community partnerships to bring our purpose to life.

We know that some challenges are bigger than any single player can solve. That’s why we collaborate with local partners to tackle larger systemic issues, ensuring that we’re part of solutions supporting people and businesses nationwide.

By reinvesting 10% of our budgeted bottom line each year into local projects and initiatives, Coast Capital actively supports the communities where we live, work, and play.

That’s just one of the ways that we’re building a stronger, more resilient Canada together.

Explore our Social Purpose

Connect with us.

CDIC Deposit ProtectionCDIC Deposit Protection

Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information

  1. Pay $8.50/month if you:
    • are 25 years of age or younger or
    • are 59 years of age or older or
    • maintain a minimum $4,000 daily balance at all times throughout the calendar month.
    Or pay $11.95/month when you set up and deposit monthly payroll or another eligible direct deposit into the account. Eligible transaction codes include the following; Payroll: 200-207; Pension: 230-233, 310-312, 315-316; Govt Payment: 313, 318, 600-607; Gig Payroll: 450
  2. Transactions include cheques drawn on the account, Coast Capital® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, pre-authorized payments, bill payments, transfers (between Coast Capital accounts), and withdrawals (in-branch/self-serve). Deposits and electronic transfers (between Coast Capital accounts) performed via Coast Capital ® ATM, Coast-by-Phone®, and Coast Capital digital banking are free & unlimited.
  3. As a holder of an eligible Coast Capital credit card issued by Collabria – only applies to World Mastercard®, Cash Back World Elite Mastercard ®, and Centra Gold Mastercard® – you may qualify for a one time fee rebate of up to $50 upon (i) opening or holding an eligible Coast Capital credit card account as the primary cardholder and (ii) opening or holding a Coast Capital Elevate Chequing Account as the primary account holder. For clarity, if you are currently a primary account holder on a Coast Capital Elevate Chequing Account and then open an eligible Coast Capital credit card account, you will be eligible for the onetime fee rebate; if you are currently a primary cardholder on an eligible Coast Capital credit card account and then open a Coast Capital Elevate Chequing Account, you will be eligible for the onetime fee rebate. The fee rebate shall be applied directly to eligible Coast Capital Elevate Chequing Account in the year the eligible Coast Capital credit card account, or Coast Capital Elevate Chequing Account, or both are opened. Limit of one fee rebate per Coast Capital Elevate Chequing Account. The eligible credit card account and Coast Capital Elevate Chequing Account must be in good standing at the time the fee rebate is applied. Coast Capital may change, revoke, or end this offer at any time in its sole discretion and without further notice.
  4. Coast Capital waives its fee for up to two (2) Interac® network ATM transactions per month for transactions initiated within Canada. Surcharges from other financial intuition ATMs may apply.
  5. Coast Capital waives its fee for up to three (3) international ATM transactions per year for transactions initiated outside Canada. Additional 2.00% international ATM administration fee still applies. The international ATM administration fee is a commission calculate based on the amount of the ATM request Coast Capital receives and is paid from your account to settle your international ATM transaction. The ATM request Coast Capital receives is in Canadian dollars. Any currency conversion to calculate the Canadian dollar transaction amount is done by a third party in the electronic network your ATM request comes through on. Coast Capital does not set the rates for or complete those currency conversions. Fees or commissions of third parties involved in processing your international ATM transaction may also be included in the transaction amount per month for transactions initiated within Canada.
  6. Coursera is an online learning platform offering multiple continuing education opportunities from leading universities and institutions. The products offered by Coursera can, but do not guarantee to, help users advance, relaunch, or improve their earning potential in their careers. On the Coast Capital Elevate Chequing Account, a primary account holder will receive one (1) free Coursera for Business license for the account holder’s personal use. This license will be associated with the primary account holder’s email address on Coast Capital’s records. Only one (1) license can be associated with an email address to open a Coursera account, and if a primary account holder opens two (2) or more Coast Capital Elevate Chequing Accounts, the primary account holder must provide a unique email for each Account in order to receive one (1) license per each opened Account. A license will be valid for the period the primary account holder maintains a Coast Capital Elevate Chequing Account in good standing. A license has a monetary value of CAD 538 per year or a monthly monetary value of CAD 79 as of January 1, 2024. No substitutions will be allowed. Coast Capital may allow, at its sole discretion, transfers of a license to another individual as decided by the primary account holder. The license may be subject to content, course, and program exclusions or limitations at the sole discretion of Coursera. The use of the license will be exclusively subject to Coursera’s terms, conditions, and policies. Details regarding Coursera’s products, terms, conditions, and policies can be found at https://www.coursera.org/
    

  7. Low-Cost Account: Our Free Chequing, Free Debit & More Account meets our public commitment to ensure that members have access to basic banking services at a nominal cost. If printed statements are requested instead of eStatements, this account costs $3/month. If you are a student, youth, Guaranteed Income Supplement recipient, or Registered Disability Savings Plan (RDSP) beneficiary, you may request printed statements at no charge. Call our Advice Centre or visit a branch to find out more information.

    ID Assist®, Sigma Loyalty Group Inc. and all associated marks and logos are trademarks owned or used under license.