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IP-Profiler - Banking Accounts
Daily
Interest Chequing Accounts
Today's
investor has no shortage of investment options to choose from. We believe
so strongly in our mission to make money management easy for our clients
that we went and had it registered as our Trade Mark - Money Management
Made EasyŽ.
We want you to profit from our research. This
section provides a base reference source of investment products in a
simple format. The information outlined below is provided to give an
overall illustration of parameters that may be in effect for this investment
product.
Investment
Product
P r o f i l e r: |
Daily
Interest Chequing Account |
| Questions
to Ask: |
Answers
you may find: |
| Balance
Levels: |
Zero
- $1,000 (N.I)
$1,000 - $2,999.99 (T)
$3,000 - $5,000 (P)
$5,000 - $10,000 (P)
$10,000 - and over (P)
Interest calculated on the daily closing balance.
Note: age <19 years balance under $1,000 earn interest |
| Interest
Credited: |
Monthly |
| Charges: |
If
minimum monthly balance below $1,000 - $0.60 per cheque or withdrawal
is charged.
Pre-authorized debit or issuer's ATM withdrawal $0.37 each.
Other ATMs debts $1 ($2 outside of Canada)
Transfer (phone key pad .40) Telephone service centre .75
Transfer between accounts - branch staff - $3.50., Automatic $1.50
If balance of $1,000 or more is maintained, fees are waived.
NSF cheques $15 |
| Statement
or Passbook: |
Passbook
or monthly statement.
At Account updater $1
Cheque return option on statement account $3.50 per month.
Also available is a statement with photo copies of vouchers $1.50.
Passbook - $0.95 (this fee is waived if balance of $1000 or more is
maintained for entire month.) Double Cheque Statement - $1.50, fee
is not waived. |
Note:-
(N.I) = No Interest paid (T) = Total balance (P) = Proportional
Data
extracted from The Fiscal Reports - Personal Chequing/Savings Accounts,
Report # 1 and provided as a generic product illustration only - issuers
of such products may have some, but not all of the features shown .
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