For those who live in Saskatchewan (especially those in Saskatoon and Regina), Affinity Credit Union is one place you can turn to for most of your banking needs. Like many credit unions, Affinity offers chequing and savings accounts for members along with personal financial products like credit cards and loans.
We’ll explain what products and services you can get from Affinity, including business financial offerings, and help you understand the differences between credit unions and banks. Take a look and decide if this Saskatchewan institution is a good fit for you.
Key Takeaways
- Affinity Credit Union is only available to residents of Saskatchewan.
- They offer a wide array of personal and business banking products.
- Affinity offers three Mastercards, from a basic to a World Elite Mastercard.
Never miss an amazing deal again + get our bonus 250+ page eBook for FREE. Join 50,000 other Canadians who receive our weekly newsletter – learn more.
Credit cards offered by Affinity Credit Union
Affinity Credit Union has three Mastercards available to choose from, with varying earn rates and credit card terms. Take a look.
| Card Name | Monthly Fee/Income Requirements | Welcome Offer | Interest Rates | Features |
|---|---|---|---|---|
| Affinity Credit Union Mastercard | * $0 * $10,000 personal | 10,000 points | * Purchases: 12.99% * Balance Transfers: 12.99% * Cash advances 12.99% | * Earn up to 6 points per $1 spent * Includes four types of insurance coverage * Additional cards are free |
| Affinity Credit Union World Mastercard | * $10 (waived if monthly spend is at least $4,000) * $60,000 personal or $150,000 household | 50,000 points | * Purchases: 20.99% * Balance Transfers: 12.99% * Cash advances 22.99% | * Earn up to 15 points per $1 spent * Includes seven types of insurance coverage * Includes airport lounge access and Flexiroam days |
| Affinity Credit Union World Elite Mastercard | * $12 (waived if monthly spend is at least $8,000) * $80,000 personal or $150,000 household | 150,000 points | * Purchases: 20.99% * Balance Transfers: 12.99% * Cash advances 22.99% | * Earn up to 30 points per $1 spent * Includes 11 types of insurance coverage * Includes airport lounge access and Flexiroam days |
You can apply for any of these credit cards through your Affinity Credit Union online account or by stopping into a local branch.
Personal bank accounts offered by Affinity Credit Union
Affinity Credit Union offers a full spectrum of banking services, with both personal and business accounts.
1. Chequing accounts
Here's a look at Affinity's suite of chequing accounts.
| Account Name | Monthly Fee | Number of transactions allowed | Features |
|---|---|---|---|
| Youth Chequing | $0 | Unlimited | * For those under 20 years old * Free unlimited INTERAC e-Transfers |
| Student Chequing | $0 | Unlimited | * For students and those who graduated recently * Free unlimited INTERAC e-Transfers |
| 65+ Chequing | $0 | Unlimited | * Free unlimited INTERAC e-Transfers * Comes with 48 free cheques per year |
| U.S. Chequing | $0 | Pay per transaction: * $1 per electronic debit and transfer * $1 per processed cheque or staff-assisted debit * $1.25 per staff-assisted utility payment | * Cheque images included in monthly statement * Deposits are guaranteed by the CDIC |
| Unlimited Chequing | $13 | Unlimited | * Includes free INTERAC e-Transfer service * Rebates of up to 100% on monthly fees with the Unlimited package and Member Loyalty program |
| Pay-As-You-Go Chequing | $0 | * $1 for INTERAC e-Transfer transactions * $2 for withdrawals at Canadian ATMs outside the ding-free network * $5 for ATM withdrawals outside Canada * $1.25 for staff-assisted bill payments | Only pay for the number of transactions you make |
| Value Chequing | $4 | 12 | * Includes two free INTERAC e-Transfers |
2. Savings accounts
Affinity offers 2 savings accounts for members to choose from, with varying costs and transaction rules. Both use a tiered interest rate system, so the more money you have in your account, the higher your interest rate.
| Account Name | Monthly Fee | Interest Rates | Features |
|---|---|---|---|
| Everyday Savings | $0 | * Less than $5,000: 0.10% * More than $5,000: 0.15% | * Two free transactions per month * Unlimited electronic transfers between accounts |
| Investor Savings | $0 | * Less than $100,000: 0.65% * More than $100,000: 0.80% | * One free transaction per month * Unlimited electronic transfers between accounts |
For the most up-to-date interest rates, Affinity lists them here.
Other personal banking products offered by Affinity Credit Union
Affinity Credit Union is a full-service credit union. Here are the other products they offer.
1. Mortgages
In need of a mortgage? Whether you're buying your first home, need to renew an existing mortgage, or perhaps you want some funds to renovate or upgrade your home, Affinity can help.
There are options for fixed and variable rate mortgages, with a rate guarantee of 130 days.
2. Loans
There are a few different loans offered by Affinity. There's the standard personal loan for a lump sum of cash to cover whatever you're looking to do.
They also offer loans for education, a credit-building loan, and even an RRSP loan to help you save for the future.
3. Lines of credit
If, from time to time, you need to access a little extra cash, Affinity provides lines of credit.
Simply take out what you need, pay it back when you can, and your minimum payment is the interest you've accumulated.
Affinity Credit Union business banking
If you run a business, Affinity Credit Union offers a full suite of business products.
From chequing and savings accounts, to a full suite of borrowing products, Affinity has you covered.
1. Business chequing accounts
There are four different business chequing accounts for members to choose from. There are three accounts for Canadian funds and one U.S dollar account.
For the regular accounts, the major differences are in the number of free transactions included.
| Account Name | Monthly Fee | Number of transactions allowed | Features |
|---|---|---|---|
| Business Select Chequing | $65 | Unlimited | * Includes unlimited INTERAC e-Transfers * Free deposits |
| Business Enhanced Chequing | $35 | 50 | * Includes five Interac e-Transfers * Free deposits |
| Business Basic Chequing | $6 | 6 | * Includes five INTERAC e-Transfers * Free deposits |
| Business U.S. Chequing | $6 | 6 | * Earns interest in USD * Deposits are guaranteed |
2. Business savings account
Affinity offers one free business savings account that gives one free transaction per month ($5 for additional transactions) and allows unlimited electronic transfers between accounts. You’ll currently earn interest at the following rates:
- Less than $100,000: 1.70%
- $100,000 - $5,000,000: 2.10%
3. Business borrowing products
Businesses need to borrow money at times. Fortunately, Affinity Credit Union offers a variety of different loan products for business to help you manage your company’s cash flow.
Choose from:
- Mortgages
- Term loans
- Specialty financing
- Leasing
- Revolving credit
- Government financing
Affinity credit union locations
So, where are Affinity Credit Union branches located? For the most part, they're in Regina and Saskatoon, with a few more scattered around the province.
You can search for an advice centre or ATM near you with this tool.
FAQ
How does Affinity Credit Union compare to banks?
Affinity Credit Union is a full-service credit union for residents of Saskatchewan. They offer a wide range of banking products, from chequing and savings accounts to mortgages, loans, and lines of credit.
Who is Canada’s largest credit union?
Servus Credit Union, based in Alberta, is the biggest credit union in Canada, following the merger of Servus and connectFirst back in 2024. Servus now has more than 100 locations throughout Alberta and serves over 80,000 members.
Does Affinity Credit Union offer online banking?
Affinity Credit Union does have online banking. You'll be able to manage all your accounts through the Affinity Credit Union portal. You can also download the Affinity Credit Union app from the Apple App Store or the Google Play Store.
Is there an Affinity Credit Union credit card?
Yes, Affinity Credit Union offers three Mastercards: a basic, World, and World Elite Mastercard. These have no or low monthly fees and offer rewards for spending. The World and World Elite Mastercards include additional benefits.
creditcardGenius is the only tool that compares 126+ features of 231 Canadian credit cards using math-based ratings and rankings that respond to your needs, instantly. Take our quiz and see which of Canada's 231 cards is for you.
GC: 
.png)
$100 GeniusCash + Earn up to 15,000 Welcome Bonus Membership Rewards® Points.*
Comments
Leave a comment
Required fields are marked with *. Your email address will not be published.