Daily Interest Chequing Account
The Daily Interest Chequing Account is an all-purpose banking account that provides you with the services that you need and rewards you for high balances.
visit a branch near you or call 604-517-0100 to get started today.
Account Details
This is a good day-to-day banking account for regular, junior and golden members who maintain high balances and have little account activity.
Account Features
- Earn interest on your account by maintaining a minimum balance of $1000.00 throughout the entire month.
- Pay As You Go: low activity means low fees
- Avoid transaction fees by maintaining a minimum balance of $2000.00 throughout the entire month.
- Access to all electronic services, including Online Banking, Tel Express, MemberCard debit cards and ATMs
- Detailed monthly E-statements and cheque images available online
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Account interest is tiered based on account balance:
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$0.00 to $1,000.00
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$1,000.01 to $3,000.00
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$3,000.01 to $5,000.00
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$5,000.01 to $25,000.00
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$25,000.01 and over
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Terms & Conditions
- Junior members (members aged twelve to eighteen years old) receive this account with no service charges (except in-branch bill payments) regardless of their balance.
- Golden members (members aged 60 years and older) receive this account with no service charges regardless of their balance.
- Phone our Member Service Centre at 604-517-0100 or visit a branch for a description of the account terms and conditions.
Current Fees
Free transactions do not include Interac ($1.75) or Internationl ATM ($2.50) network fees.
| Daily Interest Chequing Fees | Fee |
|---|---|
| Monthly Maintenance Fee | $2.25 |
| Minimum Monthly Balance For Waived Transaction Fees1 | $2,000.00 |
| Cheque | $0.60 |
| In-branch Withdrawal or Transfer | $0.75 |
| In-branch Bill Payment | $0.50 |
| Pre-Authorized Payment | $0.50 |
| ATM Withdrawal or Transfer | $0.50 |
| Point-Of-Sale Direct Payment | $0.45 |
| Electronic Bill Payment or Transfer2 | $0.50 |
| E-Statement and images of cheques | Free |
| Minimum Monthly Balance for Interest Paid | $1,000.00 |
1 Waived transaction fees do not include in-branch bill payments and Interact e-Transfers
2 Includes transactions on Online Banking and Tel-Express
Member Benefits
All of our accounts come complete with services catered to helping our members save time and money.
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Planning and Advice
We have an experienced and professional team of Financial Planners throughout the lower mainland to help you.
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24/7 Account Access
Check your balance, deposit cheques and pay bills from anywhere with free online and mobile banking.
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Ding Free® ATMs
All Westminster Savings customers enjoy access to over 3,200 surcharge-free ATMs across the country.
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Transfer Me!
A convenient way to switch any of your accounts at another financial institution to Westminster Savings.
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Win Win Member Referrals
Members who introduce someone they know to Westminster Savings enjoy rewards for sharing their good experiences.
Apply for a Daily Interest Chequing Account
New to Westminster Savings?
Apply online, on the phone at 604-517-0100 or at your nearest branch.
Already a member?
If you are already a member you can can open a Daily Interest Chequing Account over the phone at 604-517-0100 or at your nearest branch.
