Interest Rate
0.0%
Monthly Fee
CA$3.00
Welcome Bonus
N/A
Apply Now →on Meridian's website
Minimum Deposit:CA$2,000
Interest Rate:
0.0%
Welcome Bonus: N/A
Monthly Fee:
CA$3.00
Minimum Deposit:
CA$2,000
The Meridian Senior Everyday Chequing Account is a solid option for seniors who can maintain a minimum balance, as it offers a low monthly fee that can be waived, although it does not provide interest on balances.
Pros:
- Low monthly fee
- Waivable with balance
Cons:
- No interest earned
In summary, the Meridian Senior Everyday Chequing Account is well-suited for seniors seeking a low-cost banking option with minimal fees, provided they can maintain the required balance, despite the absence of interest on their deposits. This account is a practical choice for those prioritizing simplicity and affordability in their everyday banking needs.