Become a member
Apply online in minutes
Add direct deposit or two recurring bill payments
Prospera is a member-owned credit union, which means we’re focused on people, not shareholders. Profits are reinvested into better products, services, and the communities we serve.
Open an account online and get rewarded. BAM!
Fast, simple, and secure banking, with a welcome offer worth over $400*.
Become a member in less than 10 minutes
Open your account easily online in minutes and enjoy some extra cash when you follow the steps below. From day-to-day banking to long-term saving, we have the right account to help you reach your goals—whatever they may be.
Low usage
Basic chequing
More of a minimalist? Our basic option is ideal if you only need to make a few transactions per month.
Monthly features
- Up to 10 transactions
- 2 free Interac® e-Transfers
- $3.50/month
High usage
Unlimited chequing
Just like the name says, our unlimited option gives you unlimited transactions each month—perfect for all your taps and transfers.
Monthly features
- Unlimited transactions
- Unlimited free Interac® e-Transfers
- $10/month
New members who are under 25 or over 59 will automatically be set up with our Young Adult or Senior Chequing account. These accounts include the same features as our Unlimited account with no monthly fee.
*Cash bonus will be paid 30-90 days after qualifying criteria are met. Credit card offers are paid out separately.
Cash Back Visa* Infinite = Infinite Possibilities
- Get up to 10,000 bonus Flex Rewards points (a $100 value)1
- 0% interest for 12 months on balance transfers
- Annual fee rebate ($120 value)2
Why choose Prospera?
You deserve more from your financial institution—more choice, more perks, and more support on your unique financial journey. That’s why, at Prospera, you’re a member, not a customer. We’re all about giving you straightforward options that fit real life—and a few great extras along the way.
Member-owned and people-first with a focus on our local communities
Free, expert financial advice tailored to you
No minimum account balances and free Interac e-Transfers with an Unlimited account
Competitive interest rates and a full range of financial products for every stage of life
Access to 4,000+ ding free ATMs across Canada
Invitations to exclusive members-only events and additional perks and discounts
Want to learn more?
Check out our interactive account opening demo and our Online Advice Centre where we have a host of tips for your financial journey.
Frequently asked questions
How is Prospera different from a bank?
How long does it take to open an account online?
Most people complete their application in just 10 minutes or less. The process is fully online and easy to follow. Click here to view a demo.
How do I qualify for the cash bonus?
Open a qualifying chequing account and set up a qualifying direct deposit or recurring bill payment, which must remain active for a minimum of 90 consecutive days. Once the requirements are met, your bonus will be paid to your new account within 30-90 days.
Is there a monthly fee?
Yes. Monthly fees vary by account type and are clearly shown so you can choose what fits your needs.
Can I bank with confidence at Prospera?
Prospera is an established and regulated financial institution with a strong track record, secure digital banking tools, and personal support available when you need it. We're here to help.
How does Prospera support the community?
We invest back into the communities we serve through local initiatives, events, sponsorships and grants, and member support. Check out our foundation and community pages to learn more.
