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Merit
Account
If you’re 59 or over and looking for an uncomplicated and economical
bank account to manage your monthly income and payments, the Merit Account
may be right for you. It includes all the features our chequing account
offers, with no monthly fee.
Features
The Merit Account features 10 free self-serve transactions a month including:
- Payments
by cheque
- Pre-authorized
payments
- Bill
payments and transfers between accounts
- Interac™
direct payment purchases
- Cash
withdrawals at any National Bank or THE EXCHANGE® Network of automated
banking machines (ABMs)
You
also get:
- Four
free Interac™ ABM withdrawals in Ontario, Prairie and Atlantic
provinces (not including convenience fees charged by some banks and
privately owned ABMs)
- 200
free personalized cheques per year
- A
monthly statement
Fees
With the Solutions Banking Merit Account:
- You
get 10 free self-serve transactions a month
See the Product
and services guide to fees for more information.
If you
maintain a minimum daily balance of $2,500, we waive all your self-serve
transaction fees for the month.
Ready
to open your Merit Account?
Contact a financial security advisor to find out if the
Merit Account is right for you. Or if you're already a Solutions Banking
client, call 1-866-888-1379 to find out more.
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