Real World Banking for every Albertan

What does banking in the real world really mean? We sat down with our clients to find out.

Banking is a right. And it should be simple, no matter what your past is. That’s why Cashco created incentive-based banking services to help you make ends meet and get ahead.

That’s Real World Banking.

Is Cashco right for you? Let’s talk today.

Real Banking FAQ

What is Real World Banking?

We believe that meaningful access to essential banking services is a right for everyone regardless of employment or financial history. In the real world, some of us are restricted from banking services because of something that happened in the past. Cashco wanted to provide a new service that would work for people when they needed help most. We know that traditional banks are risk-adverse and unable to provide the kind of programs that Cashco knows our clients need. That’s real world banking.

Where can I open a Cashco account?

You can open an Everyday Use, Savings or Mom Matched Savings Account at any of our Alberta Branches.

Can I still get a Cashco account if I have been turned down for a flex loan or payday loan in the past?

Yes, absolutely! There’s no catch.

What do I need to open a Cashco account?

All you need are two pieces of government issued ID and your SIN (not your card, just the number).

Why should I directly deposit my paycheque into my Cashco Everyday Use Account?

Because it will save you $9.95 every month.

Plus, setting up a direct deposit to your Cashco account qualifies you to increase your $25 overdraft to up to $500.

How do I set up a direct deposit?

Simply give your Cashco account number to your HR department and ask them to deposit your paycheques into that account going forward.

Or you can go into a branch and we’ll help you do it all.

What is overdraft?

With overdraft, you can make purchases or have automatic payments go through your account even if you don’t have enough money in your account to cover them. You can opt to use your overdraft whenever you like.

Are these Cashco bank accounts available to anyone in Canada?

Currently, Cashco bank accounts is only able to offer our best in class accounts to residents of Alberta. However, we are planning to expand our offering to other provinces very soon.

What does full/partial details mean for stop payments?

Full details mean the client can provide the exact name of the payee and the exact amount of the withdrawal.

Partial details mean the client cannot provide the full name of the payee or the exact amount that was withdrawn.

Stay in the loop!

Everyday Use Chequing Account

  • FREE! $9.95 per month without direct deposit
  • Automatic $25 overdraft, up to $500
  • We’ll pay you 25 cents for every transaction on your account (up to $5 per month)

Savings Account

  • FREE!
  • Unlimited deposits so it doesn’t cost you money to save
  • We’ll even deposit the first $10 to get you started

The Mom Account

  • Free for moms – no sign up or monthly fees
  • Every time you deposit at least $10 in your account, we’ll match it with $10
  • Unlimited deposits so it doesn’t cost you money to save.

To open accounts visit one of our branches:

Coming Soon:

LocationsMore Locations Across Alberta

Need More Information?