This is mostly a problem that affects poorer people, I suspect. I know people living paycheck-to-paycheck, who can't leave thousands of dollars lying around in their checking account, who are hesitant to use Interac because of the fees. Also, most people don't go to the trouble to shop around banks looking for a better deal.
I looked and you're right, and I was wrong. It looks like most accounts have huge minimums and limited transactions. The student and senior accounts are the only real winners.
