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.

Apply online

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 monthly balance of $1000.00
  • Pay As You Go: low activity means low fees
  • Avoid transaction fees by maintaining a minimum monthly balance of $2000.00
  • Access to all electronic services, including Online Banking, Tel Express, MemberCard debit cards and ATMs
  • Detailed monthly statements with cheque images
  • Account interest is tiered based on account balance:
    • $0.00 to $1,000.00
    • $1,000.01 to $3,000.00
    • $3,000.01 to $5,000.00
    • $5,000.01 to $25,000.00
    • $25,000.01 and over

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 FeesFee
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
Statement with images of cheques Free
Minimum Monthly Balance for Interest Paid $1,000.00

1 Waived transaction fees do not include in-branch bill payment
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.

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.




 

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