Coast Capital Elevate Chequing Account

Coast Capital is offering new members a $400 cash bonus for opening an Elevate Chequing account by November 30, 2026.

To qualify, you'll need to set up a recurring payroll or other eligible direct deposit within 60 days of your membership being approved, then keep it coming in for 90 consecutive days, with at least one deposit each month. Coast Capital pays the bonus within 60 to 90 days of confirming that you've met the criteria.

It's worth noting that there's a separate $100 bonus if you also open a new Coast Capital Classic, Cash Back or Centra Gold Mastercard and spend $1,000 on it within 90 days of activating the card.

New Elevate members can also receive up to $50 back on the first-year fee of an eligible credit card.

The Elevate Chequing account carries a monthly fee of $16.95.

Setting up a direct deposit knocks $5 off, bringing the fee down to around $11.95 per month. Seniors pay a reduced fee of $8.50.

Elevate Chequing is Coast Capital's premium everyday banking plan, and it comes with unlimited transactions.

The account also bundles in a pair of lifestyle perks. You'll get free access to Coursera courses, valued at roughly $538 per year, along with ID Assist identity protection worth around $156 per year.

Plus, Interac ATM withdrawals are free, so you aren't limited to Coast Capital's own machines.

Coast Capital is a credit union, and deposits are eligible for CDIC coverage.