Create your move plan
Open the new account first; keep both accounts active for 30–60 days.
Inventory income & bills
Export your last 3–6 months of statements. List: payroll sources, subscriptions, utilities, loans, and transfers.
Migrate in order
- Direct deposit: send new void cheque/details to employer/benefits.
- Autopays & subscriptions: update one category per day.
- Transfers & Zelle/Interac contacts: re-add and test small payments.
Run a dual-account overlap
Leave a buffer in the old account; monitor for any stragglers (annual renewals).
Close with proof
After final reconciliation, request written confirmation of closure.
Frequently Asked Questions
How long should I overlap?
1–2 billing cycles is safest.
What if I miss one?
Pay immediately and ask the provider to waive any fee given the switch.