Savings. Loans. Real World Banking

Meaningful Banking Services for Every Single Albertan

Cashco is proud to offer all Albertans banking accounts that meet their everyday needs. It’s part of what drives us forward to respond to real needs from real people.

Some of our clients, moms, told us about their banking experiences so we knew we needed to do something to help.

Real World Stories

The Everyday Use Account, Savings Account and Mom Matched Savings Account offer our clients – and all Albertans – a flexible way to improve their everyday financial wellbeing.

The accounts give clients incentives and flexibility to pay bills, reduce debt and manage their money how they want to, when they want to.

Learn more about our Real World Banking experience.

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 you can. We want to make real world banking accessible to everyone.

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 account?

Because it will save you $9.95 every month.

In addition to the fact that you will earn substantially more money on your savings with a Cashco account than any other savings account, setting up a direct deposit to your Cashco account qualifies you for overdraft protection up to $500.

How can I directly deposit my paycheque into my Cashco account?

All you have to do is give your Cashco account number to your HR department and ask them to deposit your paycheques into that account going forward.

What is an overdraft?

Every Everyday Use Account comes with a $25 overdraft. No questions asked.

This overdraft covers you for $25 extra on top of what is in your account at any time. You can increase your overdraft up to $500 simply by directly depositing your paycheque into your Cashco account.

With an overdraft, you can make purchases (or have automatic payments) through your account or debit card even if you don;t have sufficient funds 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 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.

Everyday Use 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)

Cashco 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

Mom Matched Savings 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

We’re changing, and we’d like to keep you update-to-date on all our banking news.

Sign-up today!

Stay Connected!

Need More Information?