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, per insured bank, for each account ownership category

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
  • Withdrawals, deposits, preauthorized payments, automatic instalments
  • Desjardins Bank Debit Card
  • Desjardins Bank Online Banking service (registration fees may apply)
  • Desjardins Bank Mobile Banking, including mobile deposits of checks drawn on a U.S. dollar account, up to US$2,500 a day
  • Up to 6 free debit transactions per month: Transfers between your accounts, preauthorized debits, automated transfers, checks, promissory notes, debit card or similar transactions to third parties
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
  • Up to 6 free debit transactions per month: Transfers between your accounts, preauthorized debits, automated transfers, checks, promissory notes, debit card or similar transactions to third parties
  • Monthly paper statement: $2/month
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