Personal Essential
Spending Account
Our Personal Essential Spending Account has a pay-as-you-go approach that’s perfect if you only have a few transactions each month. On top of that, you’ll enjoy free access to digital banking, eStatements, alerts and more.
Key Features
- Account Fees: The monthly account fee is only $5 and includes 10 free transactions. After that, each additional transaction is $1.
- eStatements: Electronic statements are free and accessible through digital banking. If you prefer paper statements, it costs $2 per month.
- Free Deposits: It’s always free to deposit money using our mobile app, ATMs, Interac e-Transfer® or in-branch.
- Interac e-Transfer: Interac e-Transfers cost $1.50 each, plus $1 over your 10 free transactions.
- Deposit Guarantee: The deposits of Encompass Credit Union members are 100% guaranteed by the Credit Union Deposit Guarantee Corporation and the Province of Alberta.

Account Details
- Account Fee: $5.00 / month
- Minimum Monthly Balance: N/A
- # of Free Debits / Month: 10
- Per Item Debit Fee: $1.00
- Paper Statement: $2.00 / month
- In-Branch Deposits: Unlimited; No charge
- Deposit (any credit union): Unlimited; no charge
- Inquiry (any credit union): Unlimited; no charge
- Bill Payments (any credit union): $1.50 / bill; plus $1.00 (if over 10 free debits)
- Transfer (any Canadian credit union): $1.00 (if over 10 free debits)
- Withdrawal (any Canadian credit union): $1.00
- Withdrawal (other Canadian financial institution): $1.50; plus $1.00 (if over 10 free debits)
- Withdrawal (international): $3.00, plus $1.00 (if over 10 free debits)
- AFT (Automated Funds Transfer): $1.00 (if over 10 free debits)
- Cheque: $1.00 (if over 10 free debits)
- Direct Payment / Point of Sale Purchase: $1.00 (if over 10 free debits)
- In-Branch Cash Withdrawal or Transfer: $1.00 (if over 10 free debits)
- In-Branch Bill Payment: $1.50/bill; plus $1.00 (if over 10 free debits)
- Online Bill Payments: $1.00 (if over 10 free debits)
- Inquiries: Unlimited; No charge
- Loan Payments: $1.00 (if over 10 free debits)
- Transfers (Immediate, Scheduled, Recurring): $1.00 (if over 10 free debits)
- Receive Interac e-Transfer®: Unlimited; No charge
- Send Interac e-Transfer®: $1.50/transfer; plus $1.00 (if over 10 free debits)
- View Images of Cleared Cheques: Unlimited; No charge
- eStatements: Unlimited; No charge
Diamond Members
When our members turn 60, we waive the monthly fees on all their CAD spending accounts.