Money Market Account

Quick facts

  • Account type: savings account and checking account
  • Interest: accumulated daily and paid monthly
  • Service charge: $8.50 a month if minimum daily balance of $2,500 is not maintained
  • Insured deposits: up to $250,000 per depositor

Who should get this account?

Ideal to get more from your savings.

Features

Minimum opening deposit
$1,000
Minimum daily balance
$2,500
Check-writing privileges
Yes
Services included
  • 6 free debits per month; fees of $3 for each additional debit
  • Withdrawals, deposits, preauthorized payments, automatic instalments
    • Desjardins Bank Debit Card
Service charge
  • Monthly fees of $8.50 debited from account if minimum daily balance is not maintained
  • No monthly fee assessed the first statement cycle.
Interest
Accumulated daily and paid monthly
Account statement
Monthly
Printed checks
At account holder's expense

How to get this product
At the branch At the branch