Chequing Plans
VALUE PLAN
| WAVE PLAN | ALL IN ONE PLAN | MAXIMIZER
PLAN | ePLAN |
HERITAGE BENEFITS AT AGE 60 | HERITAGE PLAN |
US PLAN | INVESTOR SAVINGS PLAN | US INVESTOR SAVINGS
PLAN
A variety of chequing
plans are available, each with their own unique features and benefits. For
details on features and transaction fees, view our Plans & Fees brochure.
Your credit union
deposits are guaranteed. Advantage Credit Union guarantees to all depositors,
repayment in full of all deposits through the Credit Union Deposit Guarantee
Corporation. To find out more on how your deposits are guaranteed click
here.
Value Plan
This basic low-fee
chequing plan includes 12 free debits*, offering great value if you have 12 or less
transactions per month and like to want to know what your monthly fee will be
within these limits.
·
Low fee, non-interest-bearing chequing plan
·
Includes 12 free debits
·
Free deposits
Wave Plan
For
those who want the ultimate in personal service, flexibility and all the extras
for a flat monthly fee!
·
Non-interest-bearing
chequing plan that includes unlimited transactions* for one convenient flat fee
·
Free deposits
·
Fees and
commissions are waived for line of credit renewals, traveler’s cheques, money
orders, and certified cheques
·
$10 discount on
safety deposit box rental
·
100
free personalized cheques per year
All
In One Plan
If you are looking for
ways to pay off your mortgage sooner and are good at managing your own
finances, the All In One Plan allows you to place your mortgage, chequing,
savings, loans and credit card into one, easy-to-manage plan. Any money or savings you deposit immediately
goes towards reducing your outstanding balance and paying off your mortgage
quicker. You’ll pay less interest and shear years off your mortgage. You
must have existing equity in your personal residence to qualify.
This no-fee,
non-interest-bearing plan includes:
·
Free service charges
·
Unlimited
transactions*
·
Free Deposits
·
Access to chequing and savings account with a MemberCard® debit card or MasterCard Global
Payment™ card through any ATM or Point of Sale
terminal (Interac® network)
·
Free 24-hour on-line access to your accounts through MemberDirect® online banking service
·
Free round-the-clock convenience at your finger tips
through TELESERVICE telephone
banking service
·
MasterCard®
Credit Card available on approved credit.
MAXIMIZER® Plan
This low-fee plan
combines the convenience of a Chequing account with the interest earnings of a
savings account. It includes:
·
Tiered daily interest paid monthly
·
12 free debits*
·
Package fee and service charges are waived if the minimum
monthly balance is $1,500+. Service charges apply on balances less than $1,500.
·
Free deposits
·
Access to chequing and savings account with a MemberCard® debit card or MasterCard Global Payment™ card through any ATM or Point of Sale terminal (Interac®
network)
·
Free 24- hour on-line access through MemberDirect® online
banking service
·
Free round-the-clock convenience at your finger tips
through TELESERVICE telephone
banking service
·
MasterCard® Credit Card available on
approved credit.
ePlan
With ePlan,
convenience and economy come paperless for those who prefer using cards and
electronic debits rather than cheques, and enjoy the convenience of home
banking services.
·
Low fee, non-interest-bearing plan
·
Unlimited electronic transactions (except for Interac® and
Cirrus® ABM transactions)
·
Free deposits
·
2 free cheques per month - then regular service charges
apply for paper transactions
·
Paper statements are not an option with ePlan. Statement
information is available on eStatements through MemberDirect® online banking.
·
Access to chequing and savings account with a MemberCard® debit card or MasterCard Global Payment™ card through any ATM or Point of Sale terminal (Interac®
network)
·
Free 24- hour on-line access through MemberDirect®, our online banking service
·
Free round-the-clock convenience at your finger tips
through TELESERVICE, our telephone
banking service
·
MasterCard® Credit Card available on
approved credit
Heritage Benefits at Age 60
When you reach age 60, you are
automatically entitled to the following products and services free of charge or
at a discount:
·
2 FREE Canadian money orders per month
·
NO COMMISSION on travelers cheques
·
DISCOUNT of $10 per year on safety deposit box rental
You are also eligible for our Heritage Plan. See details
below.
Heritage Plan (Age 60+)
This low-fee, non-interest-bearing chequing plan is for
those age 60+. If your account is joint, only one member is required to be age
60 to qualify. In addition to the Heritage Benefits listed above, this plan
also includes:
·
30 free debits*
·
Package fee and service charges are waived if the minimum
monthly balance is $1,500+.
·
Access your account with a MemberCard®
debit card or MasterCard Global Payment™
card through any ABM or Point of Sale terminal (Interac® network).
·
Free 24- hour on-line access through MemberDirect®, our online banking service.
·
Free round-the-clock convenience at your finger tips
through TELESERVICE, our telephone
banking service.
·
MasterCard® Credit Card (O.A.C.)
A Member Services Representative will contact you the month
you turn 60 to explain this plan and to answer any questions you may have.
US Plan
For individuals conducting commerce in the United States. This low-fee,
non-interest-bearing chequing plan offers the ease of
transferring money to and from the USA without conversion. Cards are not permitted.
Features include:
·
No exchange fee
·
Free deposits
·
Free 24- hour on-line access through MemberDirect® online banking
·
Free round-the-clock convenience at your finger tips
through TELESERVICE telephone
banking
Investor Savings Plan
This no-fee interest-bearing plan is designed
for the high income, high volume and high activity investor. Offers higher interest rates
normally offered on locked-in investments, combined with the convenience and
flexibility of a chequing plan. Includes:
·
Two free debits per month* with no minimum balance
required
·
Tiered interest, calculated cumulatively on the minimum
daily balance
·
Free Deposits
US Investor
Savings Plan
This no-fee,
interest-bearing plan is designed for the
high income, high volume and high activity investor wishing to deal in US
currency. Offers higher interest rates normally offered on locked-in investments,
combined with the convenience and flexibility of a chequing plan. Ideal for
seasonal US
travelers, individuals that are interested in holding US
dollars for investment purposes, or for businesses that utilize foreign
currency for day-to-day operations. Cards
are not permitted. Includes:
·
Two free debits per month with no minimum balance
required
·
Free deposits
·
Tiered interest, calculated cumulatively on the minimum
daily balance
·
Free 24-hour on-line access through MemberDirect® online banking
·
Free round-the-clock convenience at your finger tips
through TELESERVICE telephone
banking
* Excluding
INTERAC® and CIRRUS® ATM transactions