Deal Link: www.zenbanx.ca
Expiry: Jul 1, 2015 ONLY
ZenBanx is backed by DUCA credit union and insured by DICO. There is no fee to open account (although there is a $25 dormant fee if account is inactive for that long). ZenBanx offers debit cards accessible on the CIRRUS and the EXCHANGE network. You can set up and link to initial bank account via uploading a cheque image. It is free to transfer CAD money between linked bank accounts. ZenBanx fees are all listed here: http://www.zenbanx.ca/dms-can/FeeSchedule.pdf
On July 1, ZenBanx customers can exchange Canadian dollars for U.S. dollars at par with no transaction fees for a single transaction up to $250, an appealing proposition when the loonie is trading at just 80 cents U.S.
