The Right Bank Account for You

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "The Right Bank Account for You"

Transcription

1 02 The Right Bank Account for You What You Need to Know There is a lot of choice: there are close to 100 bank account packages to choose from, offered by more than 20 banks in Canada. Comparing accounts is easy using a simple, free, online tool from the Financial Consumer Agency of Canada at There are low-fee and no-fee accounts available. All you need to open an account is identification.

2 The Right Bank Account for You Services, access, fees how do you choose the right bank account? The Types of Bank Accounts Available There are many different types of accounts available with a wide range of services, including: basic chequing and savings accounts, full service accounts with many types of transactions included, low-fee or no-fee accounts, youth, student and seniors accounts. How do you know which account is right for you? Choosing the right account depends on the services you need and want. Opening an Account Anyone can open a bank account provided you have the proper identification. You can open a bank account even if: you don t have a job, you don t have money to put in the account right away, or you have been bankrupt. Identification Needed to Open an Account You will need two specific pieces of identification to open a bank account. There are many different options for identification and a full list is available on the Canadian Bankers Association (CBA) website at It s also possible to present only one piece of identification if your identity can be confirmed by a client in good standing with the bank or by an individual of good standing in the community where the bank is located.

3 How to Shop for an Account There are a lot of accounts to choose from (close to 100!), so it s important to think about the services you want and to shop around for the best account to meet your needs. And it s easy to compare the banking packages available using the online interactive Account Selector Tool available from the federal financial consumer regulator, the Financial Consumer Agency of Canada (FCAC) at The tool is available both online and in print. Choosing the right bank account can save you money. For example, if you want to save money, there are accounts that: allow a certain number of transactions for a lower fee than some unlimited transaction accounts, waive fees if you keep a minimum balance in the account (usually between $1,500 and $5,000). If you need more services, there are banking packages that include more tools for a flat monthly fee or a fee per transaction, including: certified cheques, money orders, overdraft protection, money transfers or cheque returns, U.S. dollar accounts and cross-border debits, multiple accounts (both chequing and savings) under the same monthly fee.

4 More About Low-Fee and No-Fee Accounts Banks in Canada are committed to ensuring that all Canadians can access banking services. Canada s banks provide no-fee and low-fee accounts that include: at least 12 debit transactions per month, at least two in-branch transactions per month, cheque-writing privileges, no extra charge for deposits, debit cards, pre-authorized payment forms and monthly printed statements, and cheque image return or online cheque image viewing. Youth, students, seniors qualifying for the Guaranteed Income Supplement (GIS) and beneficiaries of a Registered Disability Savings Plan are eligible for a no-cost account. More About Accounts for Seniors There are a number of bank account packages designed specifically for seniors. If you are a senior now, or getting close, you may wish to compare the packages for seniors to find out if there is one that meets your needs. There are both low-fee and no-fee accounts available for seniors. These packages offer regular transactions, such as withdrawals, deposits, transfers, bill payments and cheque-writing privileges, in addition to more specialized services such as no-fee money orders, certified cheques and travellers cheques, and a discount on safety deposit box rentals. Guaranteed Income Supplement beneficiaries are also eligible for a no-cost account.

5 Ways to Reduce Your Service Fees Ten tips for reducing your service fees Did you know that there are many different ways to reduce the bank service fees that you pay? 1. Shop around for the bank account package that best meets your needs. You may be paying more for services that you don t use. Use the FCAC s online Account Selector Tool at 2. Maintain a minimum balance in your account. Ask your bank if they offer this. 3. If you have additional products with your bank (for example, a mortgage or credit card), ask if you can get a rebate on service fees. 4. Ask for a senior s discount or a no-cost account (if you qualify) 5. Ask for a youth or student discount or a no-cost account (if you qualify) 6. Plan your withdrawals How many times do you withdraw funds at a bank machine? If your account package has a limited number of withdrawals, make fewer but larger withdrawals to save on fees. 8. Avoid convenience fees Use only your own institution s bank machines. You ll save on fees charged by other financial institutions or independent machine owners to use their machines. 9. Sign up for a low or no-fee account if you only have a few transactions each month. Use the FCAC s online Account Selector Tool to see if one of these accounts might meet your needs. 10. Consider overdraft protection Do you frequently write cheques that result in NSF (non sufficient funds) charges? If so, you might want to consider applying for overdraft protection. The small monthly charge might turn out to be less than you are paying in NSF charges. And some financial institutions levy the overdraft charge only in months when you actually use the overdraft, so there could be additional savings. Ask your bank or shop around to find an arrangement that works for you. 7. Take advantage of cash back Did you know that many retailers offer cash back options at no additional charge when you pay with your debit card? Pay for your purchases and get cash from the retailer to avoid extra transaction fees.

6 Cashing a Government Cheque Without an Account You can cash a federal government cheque of up to $1,500 at a bank even if you don t have an account as long as you can provide two pieces of specific identification from the list of required identification. You can find this list on the CBA website at in the Consumer Information section. Banks also have agreements with British Columbia, Alberta, Quebec, and New Brunswick that allow non-customers to cash provincial government cheques as long as you have the appropriate identification. Questions? If you have general questions about banking in Canada, call the Canadian Bankers Association s Banking Information Line at or send an to More Information Canadian Bankers Association website: The Financial Consumer Agency of Canada: Sign up for a low-fee account if you only have a few transactions each month.

The Right Bank Account for You What You Need to Know

The Right Bank Account for You What You Need to Know The Right Bank Account for You What You Need to Know There is a lot of choice: there are more than 100 consumer account packages to choose from, offered by more than 20 banks in Canada. Comparing accounts

More information

Choosing the Right Chequing Account and Banking Package

Choosing the Right Chequing Account and Banking Package BANKING Choosing the Right Chequing Account and Banking Package A chequing account is a good way for most people to manage their day-to-day banking needs. Banks, credit unions, caisses populaires and other

More information

Financial Literacy. Banking and financial services

Financial Literacy. Banking and financial services Financial Literacy Banking and financial services HANDOUT 4-1 Banks and credit unions 1 Banks and credit unions are places where you can safely deposit your money, cash your cheques, pay your bills, ask

More information

Account Selection MAde easy

Account Selection MAde easy Account Selection Made Easy Money Management Tools First Nations Bank of Canada offers you a range of helpful tools to make managing your money easier. Recordkeeping Free Paperless Record Keeping Track

More information

TD Canada Trust About Our Accounts and Related Services Effective July 25, 2015

TD Canada Trust About Our Accounts and Related Services Effective July 25, 2015 TD Minimum TD Every Day TD Unlimited TD All-Inclusive Banking Plan Monthly Fee TD Canada Trust About Our s and Related Services Transactions Additional Transaction and Handling 2 Minimum Monthly Included

More information

Personal Service Charges Effective date: June 30, 2015 Statement of Disclosure

Personal Service Charges Effective date: June 30, 2015 Statement of Disclosure 1. HSBC Premier HSBC Premier is designed to give our customers recognition and benefits whether at home or abroad. It s important that you understand exactly how HSBC Premier works. We ve created this

More information

Choosing the Right Savings Account

Choosing the Right Savings Account BANKING Choosing the Right Savings Account A savings account is a good way to save money for short-term goals or to build an emergency fund for unexpected expenses. The interest rate, account fees and

More information

Savings Accounts CHOOSING THE RIGHT SAVINGS ACCOUNT FOR YOUR NEEDS

Savings Accounts CHOOSING THE RIGHT SAVINGS ACCOUNT FOR YOUR NEEDS Savings Accounts CHOOSING THE RIGHT SAVINGS ACCOUNT FOR YOUR NEEDS ISBN 978-0-662-48270-3 Catalogue No. FC5-10/2008E-PDF Table of Contents Introduction 2 What is a savings account? 2 What is the difference

More information

Personal Account Options and Fees

Personal Account Options and Fees Personal Account Options and Fees What s Inside Welcome to Conexus! We want to make it as easy as possible for you to have access to information about our products and services. In this guide you ll not

More information

Service fee and account changes

Service fee and account changes Service fee and account changes Personal, business and credit card accounts Effective June 1, 2015 Important information about your RBC Royal Bank account(s) At RBC Royal Bank we are committed to providing

More information

RBC Group Advantage. Banking at work for you.

RBC Group Advantage. Banking at work for you. RBC Group Advantage Banking at work for you. Advice. Support. Savings. Rewards. That s what sets RBC Group Advantage apart. Financial stress affects most of us at various times in our lives. RBC Group

More information

MY TRANSACTION TOOLS

MY TRANSACTION TOOLS MY TRANSACTION TOOLS 1 2 When you go into business, you have a specific goal: make money. You put all your energy into it and reap the rewards of your efforts. To achieve your goal, it s important to have

More information

Choosing the Right Credit Card for You. Credit Cards and You series

Choosing the Right Credit Card for You. Credit Cards and You series Choosing the Right Credit Card for You Credit Cards and You series About FCAC With educational materials and interactive tools, FCAC provides objective information about financial products and services

More information

Day-to-Day Banking. Opening a Personal Deposit Account or Cashing a Federal Government Cheque at Scotiabank. Cheque Holding Policy

Day-to-Day Banking. Opening a Personal Deposit Account or Cashing a Federal Government Cheque at Scotiabank. Cheque Holding Policy Day-to-Day Banking Opening a Personal Deposit Account or Cashing a Federal Government Cheque at Scotiabank Cheque Holding Policy Opening A Personal Deposit Account We make it easy to open a personal deposit

More information

Fees. Your Guide to Personal Banking Solutions. Effective January 12, 2015

Fees. Your Guide to Personal Banking Solutions. Effective January 12, 2015 Fees Your Guide to Personal Banking Solutions Effective January 12, 2015 Provided by National Bank exclusively for members of the Canadian Medical Association and their families. 02 Canadian Medical Association

More information

TIPS TO HELP YOU MAKE THE RIGHT CHOICE

TIPS TO HELP YOU MAKE THE RIGHT CHOICE ACCOUNTS AND PLANS TIPS TO HELP YOU MAKE THE RIGHT CHOICE Regular service fees for individual members Effective July 1, 2015 TABLE OF CONTENTS CHOOSE THE ACCOUNT THAT S RIGHT FOR YOU 1 UNDERSTANDING AND

More information

Business Account Service Fees

Business Account Service Fees For more information talk to a CIBC business advisor visit your nearest branch visit cibc.com/businessbanking call 1 800 465-CIBC (2422) 1 If there is no account activity, a statement may not be produced.

More information

RBC Royal Bank Disclosures and Agreements. Personal Deposit Accounts

RBC Royal Bank Disclosures and Agreements. Personal Deposit Accounts RBC Royal Bank Disclosures and Agreements related to Personal Deposit Accounts effective June 1, 2015 Table of Contents INTRODUCTION 2 A. DISCLOSURES Terms You Need to Know 3 1. Your Account Options 5

More information

Choosing the Right Credit. Credit Cards and You series

Choosing the Right Credit. Credit Cards and You series Choosing the Right Credit Card for You Credit Cards and You series About Financial Consumer Agency of Canada (FCAC) With educational materials and interactive tools, the Financial Consumer Agency of Canada

More information

Canadian Banking Basics

Canadian Banking Basics Updated for 2015 Canadian Banking Basics An Easy Guide to Answering Constituents Questions How to Use this Guide Answer common questions from constituents on banking Download and email PDF versions of

More information

personal services membership equity shares investment savings plan24 and tax savings t-bill savings

personal services membership equity shares investment savings plan24 and tax savings t-bill savings personal accounts personal services membership equity shares All fully-qualified members of Interior Savings must hold five Membership Equity Shares, each of which has a par value of $1.00. When redeemed

More information

TIPS TO HELP YOU MAKE THE RIGHT CHOICE

TIPS TO HELP YOU MAKE THE RIGHT CHOICE ACCOUNTS AND PLANS TIPS TO HELP YOU MAKE THE RIGHT CHOICE Regular service fees for individual members Effective July 1, 2015 TABLE OF CONTENTS CHOOSE THE ACCOUNT THAT S RIGHT FOR YOU 1 UNDERSTANDING AND

More information

YOUR ACCOUNT YOUR PLAN. A GUIDE TO REGULAR SERVICE FEES FOR INDIVIDUAL MEMBERS Effective July 1, 2016

YOUR ACCOUNT YOUR PLAN. A GUIDE TO REGULAR SERVICE FEES FOR INDIVIDUAL MEMBERS Effective July 1, 2016 YOUR ACCOUNT YOUR PLAN A GUIDE TO REGULAR SERVICE FEES FOR INDIVIDUAL MEMBERS Effective July 1, 2016 1 TABLE OF CONTENTS WELCOME TO DESJARDINS... 2 YOUR CHEQUING ACCOUNT... 3 YOUR TRANSACTION PLAN... 5

More information

The Cost of Payday Loans

The Cost of Payday Loans The Cost of Payday Loans Table of Contents What is a payday loan? 1 How does a payday loan work? 2 How and when do I pay back the loan? 4 How does a payday loan affect my credit report? 4 How much will

More information

Good news! You may be eligible for these bonus offers

Good news! You may be eligible for these bonus offers Good news! You may be eligible for these bonus offers Below are your exclusive welcome offers worth up to 85,000 Aeroplan Miles, plus a special small business offer for an additional 30,000 Aeroplan Miles.

More information

Fees. Your Guide to Personal Banking Solutions

Fees. Your Guide to Personal Banking Solutions Fees Your Guide to Personal Banking Solutions Effective January 12, 2015 02 Our Personal Banking Solutions At National Bank, we understand that, now more than ever, you are looking for high-quality banking

More information

Credit Cards and You series. Understanding Credit Card Fees

Credit Cards and You series. Understanding Credit Card Fees Credit Cards and You series Understanding Credit Card Fees About FCAC With educational materials and interactive tools, FCAC provides objective information about financial products and services and informs

More information

Financial Package Nurses, Registered Practical Nurses and Students in these professions. We take care of you

Financial Package Nurses, Registered Practical Nurses and Students in these professions. We take care of you Financial Package Nurses, Registered Practical Nurses and Students in these professions We take care of you 02 FINANCIAL PACKAGE Nurses, Registered Practical Nurses and Students in these professions Understand,

More information

Personal Account Service Fees

Personal Account Service Fees Personal Account Service Fees January 15, 2015 For more information talk to a CIBC advisor visit your nearest branch visit cibc.com call 1 800 465-CIBC (2422) n. CIBC Mutual Funds are offered by CIBC Securities

More information

BUSINESS ACCOUNT SERVICE PLANS AND RELATED PRODUCTS

BUSINESS ACCOUNT SERVICE PLANS AND RELATED PRODUCTS BUSINESS ACCOUNT SERVICE PLANS AND RELATED PRODUCTS 2 BUSINESS ACCOUNTS Business Chequing Account A First Nations Bank of Canada Business Chequing Account is an operating account for your day-to-day banking

More information

PERSONAL ACCOUNT SPECIFICATIONS AND FEE LISTING

PERSONAL ACCOUNT SPECIFICATIONS AND FEE LISTING PERSONAL ACCOUNT SPECIFICATIONS AND FEE LISTING Account Opening and Usage Sterling Eagle & Club Sterling TM Eagle Checking Minimum balance to open account: $500 Monthly average balance to avoid fee: $500

More information

Banking. Opening a Personal Deposit Account or Cashing a Federal Government Cheque at Scotiabank. Cheque Holding Policy

Banking. Opening a Personal Deposit Account or Cashing a Federal Government Cheque at Scotiabank. Cheque Holding Policy Day-to-Day Banking Opening a Personal Deposit Account or Cashing a Federal Government Cheque at Scotiabank Cheque Holding Policy Opening A Personal Deposit Account We make it easy to open a personal deposit

More information

ACCOUNTS AND PLANS Tips to help you make the right choice

ACCOUNTS AND PLANS Tips to help you make the right choice ACCOUNTS AND PLANS Tips to help you make the right choice Fees and frequently used services for individual members of the Desjardins caisses Effective July 1, 2012 TABLE OF CONTENTS CHOOSE THE ACCOUNT

More information

Financial Literacy Part Two

Financial Literacy Part Two Financial Literacy Part Two 1. Banks and Credit Unions Credit Unions Credit unions do not make a profit. They are owned and run by their members. The members have something in common: religious interest,

More information

Discontinued Accounts

Discontinued Accounts Addendum to RBC Royal Bank Disclosures and Agreements related to Personal Deposit Accounts Discontinued Accounts effective October 28, 2015 2 Addendum to RBC Royal Bank Disclosures and Agreements related

More information

FDIC Money Smart Financial Education Program

FDIC Money Smart Financial Education Program Check it Out Use this tip sheet to help you in the process of selecting, opening, and maintaining a checking account. This tip sheet covers the following topics: Determining your checking account needs

More information

business Banking Plans

business Banking Plans business Banking Plans Banking Plans Servus Credit Union s business banking plans offer great value to you, the member, with the features you re looking for and details that are easy to understand. The

More information

Credit Cards and You. Spring 2003. This guide is for you if you would like to know more about:

Credit Cards and You. Spring 2003. This guide is for you if you would like to know more about: Credit Cards and You This guide is for you if you would like to know more about: Interest Rates Service Fees How to choose a credit card How interest is calculated on credit cards What to watch out for

More information

Fees. Guide to Personal Banking Solutions

Fees. Guide to Personal Banking Solutions Fees Guide to Personal Banking Solutions Effective May 4, 2015 02 Our Personal Banking Solutions At National Bank, we understand that, now more than ever, you are looking for high-quality banking solutions

More information

Retail Banking. Sch edule of Charges

Retail Banking. Sch edule of Charges Retail Banking Sch edule of Charges Contents ACCOUNT SERVICES Chequing 2 Savings 3 Butterfield Debit Cards & ATM Banking 4 Credit Reference 4 SAFETY DEPOSIT BOXES 4 CREDIT PRODUCTS PRODUCTS 3 Credit Cards

More information

Personal Service Charges Statement of Disclosure Effective date: July 13, 2016

Personal Service Charges Statement of Disclosure Effective date: July 13, 2016 Thank you for choosing HSBC Bank Canada. About this Statement This Statement of Disclosure gives you information about our service charges. This information supplements the Personal Banking Agreement.

More information

Your New Banking Rights. What you should know about access to basic banking services

Your New Banking Rights. What you should know about access to basic banking services Your New Banking Rights What you should know about access to basic banking services Table of Contents Protecting Consumers: The New Federal Banking Regulations...2 Opening a Personal Bank Account...3 When

More information

Newcomer Finances Toolkit. Banking. Worksheets

Newcomer Finances Toolkit. Banking. Worksheets Newcomer Finances Toolkit Banking Worksheets Ottawa Community Loan Fund Fonds d emprunt Communautaire d Ottawa 22 O Meara St., Causeway Work Centre, Ottawa, ON K1Y 4N6 Tel: 613-594-3535 Fax: 613-594-8118

More information

Rewards Banking. The more you bank, the more benefits you receive. Earn higher rates on select products. Take advantage of account services

Rewards Banking. The more you bank, the more benefits you receive. Earn higher rates on select products. Take advantage of account services Rewards Banking The more you bank, the more benefits you receive. Earn higher rates on select products Take advantage of account services Save with special discounts Get money back on select fees All Rabobank

More information

Over $1,700 in total value and savings! TABIA Business and Personal Banking Program

Over $1,700 in total value and savings! TABIA Business and Personal Banking Program Over $1,700 in total value and savings! TABIA Business and Personal Banking Program July 27, 2012 Program Overview RBC Royal Bank is pleased to provide TABIA members with a special banking program for

More information

Commission & Fee Schedule

Commission & Fee Schedule BMO InvestorLine MAY 1, 2015 & Fee Schedule Count on us for competitive commissions & fees At BMO InvestorLine, we re serious about arming investors like you with the tools and resources you need to invest

More information

Credit Cards and You series. Credit Cards: Understanding. Responsibilities

Credit Cards and You series. Credit Cards: Understanding. Responsibilities Credit Cards and You series Credit Cards: Understanding Your Rights and Your Responsibilities About Financial Consumer Agency of Canada (FCAC) With educational materials and interactive tools, the Financial

More information

Advice. Support. Savings. Rewards.

Advice. Support. Savings. Rewards. Advice. Support. Savings. Rewards. RBC Group Advantage Program The RBC Group Advantage program gives you what you need to get the most out of your everyday banking, with advice, support, savings and rewards

More information

Report to: General Committee Date: March 23, 2015

Report to: General Committee Date: March 23, 2015 SUBJECT: PREPARED BY: Banking and Merchant Services Contract Extension Shane Manson - Senior Manager, Revenue & Property Tax RECOMMENDATION: 1) THAT the report Banking and Merchant Services Contract Extension

More information

service charges chequing account fees personal savings accounts Effective October 1, 2012 Senior Package (ages 60+)

service charges chequing account fees personal savings accounts Effective October 1, 2012 Senior Package (ages 60+) Effective October 1, 2012 chequing account fees All chequing accounts include an electronic statement with cheque images. Optional paper statement with cheque images are $3.00/month. Over limit transaction

More information

Checking Accounts. You& Getting More For Your Money.

Checking Accounts. You& Getting More For Your Money. You&We Checking Accounts You& Getting More For Your Money. M&F Bank can help you find the checking account that s right for you, your family and your life today from no fee and easy, to interest bearing,

More information

Financial Literacy. Credit basics

Financial Literacy. Credit basics Literacy Credit basics 2 Contents HANDOUT 6-1 Types of credit Type of credit Lender Uses Conditions Revolving credit Credit Cards (secured and unsecured NOT prepaid) To make purchases, pay bills, make

More information

RBC Welcome to Canada package. Everything you need to get settled quickly and easily

RBC Welcome to Canada package. Everything you need to get settled quickly and easily RBC Welcome to Canada package Everything you need to get settled quickly and easily Welcome to Canada 3 When you choose RBC Royal Bank you get: n n Access to service in 180 languages Access to the largest

More information

Account Disclosures Optimum Savings Account Rates and information effective October 1, 2015

Account Disclosures Optimum Savings Account Rates and information effective October 1, 2015 Optimum Savings Account Optimum Savings 2.00 2.00 to 0.24 1.98 to Up to $5,000 $5,000.01 and greater to Avoid $0.00 Other restrictions apply $100.00 Account Maintenance Requirements. To open this product,

More information

Products and Services

Products and Services Products and Services Table of Contents Credit Services...4 Mortgages... 5 Loans... 6 Lines of Credit... 7 Credit Cards... 7 Deposit Products...8 High Interest Savings Account... 9 Preferred Shares...

More information

BUYING YOUR FIRST HOME: THREE STEPS TO SUCCESSFUL MORTGAGE SHOPPING MORTGAGES

BUYING YOUR FIRST HOME: THREE STEPS TO SUCCESSFUL MORTGAGE SHOPPING MORTGAGES BUYING YOUR FIRST HOME: THREE STEPS TO SUCCESSFUL MORTGAGE SHOPPING MORTGAGES June 2015 Cat. No.: FC5-22/3-2015E-PDF ISBN: 978-0-660-02848-4 Her Majesty the Queen in Right of Canada (Financial Consumer

More information

Product and service guide to fees

Product and service guide to fees Product and service guide to fees May 4, 2015 Product and service guide to fees Summary Bank accounts 4 Chequing account 4 Merit account 6 Get growing account 7 Preferred savings account 8 Lines of credit

More information

BUSINESS CHECKING ACCOUNT DEFINITIONS

BUSINESS CHECKING ACCOUNT DEFINITIONS ABILITY TO WITHDRAW FUNDS The following disclosure is provided pursuant to the Expedited Funds Availability Act and Regulation CC. Our policy is to make funds from your deposits available to you on the

More information

Fee Guide. Banking Services for Businesses

Fee Guide. Banking Services for Businesses Fee Guide Banking Services for Businesses Effective August 1, 2014 02 Banking Solutions to Manage Your Business More Efficiently! At National Bank, we know that managing your time and operations efficiently

More information

Pollok Credit Union. Members Information Pack

Pollok Credit Union. Members Information Pack Members Information Pack Pollok Office Pollok Credit Union Silverburn Shopping Centre Barrhead Rd Glasgow G53 6QR Tel: 0141 880 7888 Shawlands Office Pollok Credit Union 17 Kilmarnock Rd Shawlands Glasgow

More information

Renewing and Renegotiating Your Mortgage

Renewing and Renegotiating Your Mortgage ABCs of Mortgages Series Renewing and Renegotiating Your Mortgage Smart mortgage decisions start here table of contents overview 1 the renewal process 2 renegotiating your mortgage agreement: breaking

More information

Choose Alaska USA and save!

Choose Alaska USA and save! Choose Alaska USA and save! Open a new personal checking account with Alaska USA and get your first box of checks FREE. Alaska USA doesn t charge per-check fees regardless of how many you write per month.

More information

Account Disclosures Optimum Savings Account Rates and information effective December 4, 2014

Account Disclosures Optimum Savings Account Rates and information effective December 4, 2014 Optimum Savings Account Rates and information effective December 4, 2014 to to Avoid Optimum Savings 2.00 1.98 Up to $5,000 $0.00 $100.00 2.00 to 0.34 0.25 $5,000.01 and greater Other restrictions apply

More information

Your Guide to. Personal Banking. Everyday banking with BMO Personal Accounts Bank Plans

Your Guide to. Personal Banking. Everyday banking with BMO Personal Accounts Bank Plans Your Guide to Personal Banking Everyday banking with BMO Personal Accounts Bank s Effective May 1, 2015 Contents Select your Personal Accounts...2 Primary Chequing Account Premium Rate Savings Account

More information

Banking and Alternatives

Banking and Alternatives making ends meet... and more! Banking and Alternatives Before You Begin For women in North America, relationships with service providers are as important as the product in predicting what choices they

More information

www.nextstepaustralia.com Banking

www.nextstepaustralia.com Banking www.nextstepaustralia.com Banking Banking Organising your finances will be one of your first priorities when relocating to Australia. In order to make your move as smooth as possible you can open an Australian

More information

Personal Checking & Savings Options

Personal Checking & Savings Options Personal Checking & Savings Options Smart solutions for individuals and families Many Flexible Options to Fit Any Lifestyle. Checking Account Comparison Find the right checking account for you by using

More information

Day-to-Day Banking. Companion Booklet

Day-to-Day Banking. Companion Booklet Day-to-Day Banking Companion Booklet January 2015 Introduction 1 Opening A Personal Deposit Account 3 Transferring Your Account to Scotiabank 5 Account Selector Tool 6 General Information about Personal

More information

Protecting Yourself from Financial Abuse

Protecting Yourself from Financial Abuse Protecting Yourself from Financial Abuse Banks are very aware of the growing incidence of financial abuse of vulnerable people and can play an important role in raising awareness on the issue, including

More information

Personal Account Service Fees

Personal Account Service Fees Personal Account Service Fees April 1, 2016 For more information talk to a CIBC advisor visit your nearest Banking Centre visit cibc.com call 1 800 465-CIBC (2422) n. CIBC Mutual Funds are offered by CIBC

More information

Basic Bank Account. Everyday banking made easy

Basic Bank Account. Everyday banking made easy Basic Bank Account Everyday banking made easy Basic Bank Account Basic Bank Account is an account which is simple to understand and easy to manage. It gives you basic banking facilities to keep you in

More information

Business, Agricultural & Organization Accounts

Business, Agricultural & Organization Accounts Business, Agricultural & Organization Accounts info@caisse.biz caisse.biz BUSINESS, AGRICULTURAL & ORGANIZATION ACCOUNTS CHEQUING ACCOUNT $3.00 per month For every $500 of the minimum monthly balance amount,

More information

Asset Advantage Account

Asset Advantage Account Asset Advantage Account A Guide To The Features Of Your Account Your Contacts If you have any questions about your investments, transactions or the status or features of your account, please contact your

More information

TABLE OF CONTENTS. Introduction 3. General Guidelines for Successful Account Management 3. Managing Your Checking Account. 1.

TABLE OF CONTENTS. Introduction 3. General Guidelines for Successful Account Management 3. Managing Your Checking Account. 1. TABLE OF CONTENTS Introduction 3 General Guidelines for Successful Account Management 3 Managing Your Checking Account 1. Check Register 2. Planning 3. Recording Your Transactions 4. Balancing Your Account

More information

PRICING GUIDE 2015. Prestige Banking. Moving Forward TM. Still bringing you real banking value

PRICING GUIDE 2015. Prestige Banking. Moving Forward TM. Still bringing you real banking value PRICING GUIDE 2015 Prestige Banking Still bringing you real banking value Moving Forward TM Prestige Banking is a banking solution for people that are serious about success Prestige Banking comprises of

More information

YOUR BENEFITS GUIDE. Welcome to your. CIBC Classic Visa. Card

YOUR BENEFITS GUIDE. Welcome to your. CIBC Classic Visa. Card YOUR BENEFITS GUIDE Welcome to your CIBC Classic Visa Card Welcome to your CIBC Classic Visa Card. And a completely different credit card experience. Your new CIBC Classic Visa Card comes with our promise

More information

MY MONEY, MY TOOLS. 5. My personal information, my security 5.1 How my banking operations are protected 5.2 My precautions

MY MONEY, MY TOOLS. 5. My personal information, my security 5.1 How my banking operations are protected 5.2 My precautions 2 MY MONEY, MY TOOLS 1. My management, my solutions 1.1 My personal bank account 1.2 My fixed monthly fee plan 1.3 My special advantages 1.4 My tips for lowering service charges 2. My funds, my transactions

More information

Opening a bank account

Opening a bank account Opening a bank account There are two main types of bank account. We ve outlined the main features and benefits for you. There s also a guide to the most common banking terms in case you re unsure. Some

More information

Schedule of Fees & Service Charges

Schedule of Fees & Service Charges Schedule of Fees & Service Charges September 30 th, 2015 Domestic Deposit Accounts Service Charge Basic Interest Choice Personal IFB Senior Citizen Direct Deposit Market Market Tiered Personal Savings

More information

BANKING 101. Consolidated Credit 5701 West Sunrise Boulevard Fort Lauderdale, FL 33313 1-800-210-3481 www.consolidatedcredit.org

BANKING 101. Consolidated Credit 5701 West Sunrise Boulevard Fort Lauderdale, FL 33313 1-800-210-3481 www.consolidatedcredit.org BANKING 101 Consolidated Credit 5701 West Sunrise Boulevard Fort Lauderdale, FL 33313 1-800-210-3481 www.consolidatedcredit.org Congratulations on taking this important step to learn about issues dealing

More information

Planning a trip? We have you covered, from travel insurance to managing your money.

Planning a trip? We have you covered, from travel insurance to managing your money. Planning a trip? We have you covered, from travel insurance to managing your money. Getting ready for a trip? It s an exciting time with so much to look forward to and so much to prepare for. Getting ready

More information

HSBC Premier provides personal support to help you manage your personal economy. Our success is measured by how well we meet your needs

HSBC Premier provides personal support to help you manage your personal economy. Our success is measured by how well we meet your needs HSBC Premier provides personal support to help you manage your personal economy. Our success is measured by how well we meet your needs 1 HSBC Premier eligibility requires you to have an active HSBC Premier

More information

Minimum Balance to Obtain APY Interest Rate Annual Percentage Yield (APY) Not Applicable Not Applicable Not Applicable. Not Applicable.

Minimum Balance to Obtain APY Interest Rate Annual Percentage Yield (APY) Not Applicable Not Applicable Not Applicable. Not Applicable. It s important that you understand exactly how your Basic Banking checking account works. We ve created this summary to explain the fees and some key terms of your account. ELIGIBILITY The Basic Banking

More information

Kansas Bankers Association 2015 SERVICE CHARGE SURVEY QUESTIONNAIRE Deadline: March 6, 2015 Please report data as of December 31, 2014

Kansas Bankers Association 2015 SERVICE CHARGE SURVEY QUESTIONNAIRE Deadline: March 6, 2015 Please report data as of December 31, 2014 Kansas Bankers Association 2015 SERVICE CHARGE SURVEY QUESTIONNAIRE Deadline: March 6, 2015 Please report data as of December 31, 2014 Bank City Survey completed by Telephone E-mail 1. Commercial Deposit

More information

NATIONAL COMMERCIAL BANK JAMAICA LTD. SCHEDULE OF FEES AND CHARGES 2012-2014

NATIONAL COMMERCIAL BANK JAMAICA LTD. SCHEDULE OF FEES AND CHARGES 2012-2014 1.0 CURRENT ACCOUNTS 1.1 Personal: 1.1.1 Minimum Monthly Service Charge $689.09 $689.09 $795.89 $0.00 0% $106.80 15% 1.1.2 Charge per Entry/Cheque $69.60 $69.60 $80.39 $0.00 0% $10.79 16% 1.1.3 Minimum

More information

Connecting ALL Your Banking Needs. How do I become a Member? Smart savings, made simple. SAVINGS

Connecting ALL Your Banking Needs. How do I become a Member? Smart savings, made simple. SAVINGS Connecting ALL Your Banking Needs. SAVINGS We all have multiple financial needs. Whenever you need to bank, borrow or plan and grow, Align is here to help you every step of the way in one of our branches,

More information

MAKING YOUR MONEY WORK. Diploma

MAKING YOUR MONEY WORK. Diploma MAKING YOUR MONEY WORK Diploma MAKING YOUR MONEY WORK YOU CAN MAKE YOUR MONEY WORK A Literacy Partners of Manitoba publication Money is important to everyone. Money has value and is used to get the things

More information

PRACTICAL MONEY GUIDES DEBIT CARD BASICS. What you need to know about using your debit card

PRACTICAL MONEY GUIDES DEBIT CARD BASICS. What you need to know about using your debit card PRACTICAL MONEY GUIDES DEBIT CARD BASICS What you need to know about using your debit card MONEY IN THE BANK If credit cards mean pay later, debit cards mean pay now. These cards are issued by your bank,

More information

Share Draft/Checking Account Basics

Share Draft/Checking Account Basics Goals Share Draft/Checking Account Basics By the end of this session, students will be able to explain and understand: How and why checks are used What factors to compare when shopping for an account How

More information

PERSONAL BANKING Fee VAT inclusive Fee

PERSONAL BANKING Fee VAT inclusive Fee PERSONAL BANKING PERSONAL BANKING Fee VAT inclusive Fee DEPOSIT ACCOUNTS REGULAR CHEQUING ACCOUNT Minimum monthly fee $10.00 $10.75 * Minimum balance to avoid monthly service fee N/A N/A Minimum balance

More information

TABLE OF CONTENTS. Introduction 3. General Guidelines for Successful Account Management 3. Managing Your Checking Account. 1.

TABLE OF CONTENTS. Introduction 3. General Guidelines for Successful Account Management 3. Managing Your Checking Account. 1. TABLE OF CONTENTS Introduction 3 General Guidelines for Successful Account Management 3 Managing Your Checking Account 1. Check Register 2. Planning 3. Recording Your Transactions 4. Balancing Your Account

More information

2014 Bank of Oklahoma, a division of BOKF, NA. Member FDIC. Equal Housing Lender.

2014 Bank of Oklahoma, a division of BOKF, NA. Member FDIC. Equal Housing Lender. 2014 Bank of Oklahoma, a division of BOKF, NA. Member FDIC. Equal Housing Lender. OK CN 4000 Rev. 11/14 Personal and Business Checking and Savings Solutions TABLE OF CONTENTS Personal Checking 02 Personal

More information

The best of both worlds Low interest and convenience.

The best of both worlds Low interest and convenience. Benefits Guide RBC Royal Bank Visa * Classic Low Rate Option The best of both worlds Low interest and convenience. SAVINGS CONVENIENCE FLEXIBILITY Welcome to RBC Royal Bank Visa Classic Low Rate Option

More information

Table of Contents... 1. Money Smart... 2. Check It Out... 3. Determine Your Checking Account Needs... 4. Checking Account Fees...

Table of Contents... 1. Money Smart... 2. Check It Out... 3. Determine Your Checking Account Needs... 4. Checking Account Fees... $ Table of Contents Table of Contents... 1 Money Smart... 2 Check It Out... 3 Determine Your Checking Account Needs... 4 Checking Account Fees... 5 Types of Checking Accounts... 7 Choosing a Checking Account...

More information

CHECKING AND SAVINGS PERSONAL FINANCIAL SERVICES. We re banking on people. Banking Investments Insurance

CHECKING AND SAVINGS PERSONAL FINANCIAL SERVICES. We re banking on people. Banking Investments Insurance CHECKING AND SAVINGS PERSONAL FINANCIAL SERVICES We re banking on people. Banking Investments Insurance THE INVESTOR Earn our best money market checking rate, regardless of your balance. Also: free unlimited

More information

Your guide to the Tax-Free Savings Account

Your guide to the Tax-Free Savings Account INVESTMENTS Tax-Free Savings Account Your guide to the Tax-Free Savings Account An important part of any financial plan is savings. Short-term goals such as a vacation or long-term goals like retirement

More information

SCHEDULE OF RATES AND CHARGES - CURRENT / SAVINGS ACCOUNTS 2010-2012 (J$ TRANSACTIONS) RATES & CHARGES

SCHEDULE OF RATES AND CHARGES - CURRENT / SAVINGS ACCOUNTS 2010-2012 (J$ TRANSACTIONS) RATES & CHARGES 1.0 CURRENT ACCOUNTS 1.1 Personal: 1.1.1 Minimum Monthly Service Charge $317.25 - $517.00 $317.25 - $517.00 $314.55 - $512.60 $0.00 0% ($4.40) - ($2.70) -1% 1.1.2 Charge per Entry/Cheque $36.43 1.1.3 Minimum

More information