Teller Salaries in Canada

The average salary for a Teller is $40,501 per year in Canada. Salaries estimates are based on 171 salaries submitted anonymously to Glassdoor by a Teller employees in Canada.

The highest salary for a Teller in Canada is $58,902 per year.

The lowest salary for a Teller in Canada is $28,969 per year.

Becoming a bank teller is great for anyone looking for a favourable income. Salaries for bank tellers are good and are growing at a steady rate. The highest starting salaries for loan officers are seen in British Columbia, Northwest Territories, and Ontario. You can also make more money as a bank teller by working for a larger bank within urban areas or large city centers. Having years of experience as a bank teller will also gain you a higher salary.

Are you a bank teller looking to make more money? The basic qualifications for a career as a teller are a high school diploma or GED equivalent, along with knowledge of basic math skills, such as adding, subtracting, dividing, and multiplying all units of measurement using common fractions, whole numbers, and decimals. Any upgrade to your education, such as a business administration or finance degree, will go a long way in advancing to roles with more responsibility and earning potential. Impress your supervisor or manager with your bank services and product knowledge by informing customers about general loan information, account types, interest rates, and credit options. Attend workshops and conferences to learn more about your role and future roles you may receive. The more value you show, the more money you can make as a teller in Canada.

Are you proficient at processing customer withdrawals, transfers, payments, and other transactions? Can you exchange foreign currency at current rates and maintain the international rate boards by consistently updating them? Are you knowledgeable about your bank’s services and products to relay general loan information, account types, credit options, and interest rates to inquiring customers? If you want a raise in your current teller position or are looking for a new teller job, review job postings in your province or territory to see what the going salary is before you try negotiating a job offer or raise. Start your negotiations by listing high-value qualifications, such as education and experience in the banking or customer service industry. The more concrete examples of your work you use, the higher you can earn.

About 70.61% of Teller professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $2,807 in potential pay per year, among other factors, can qualify the annual pay of a Teller in Canada as a good salary.

Teller professionals in Canada have a wide total pay range, between $21,807 and $87,609 depending on experience, with an estimated total pay of $40,501 following the average career path of a Teller.