Chequing account
Meridian
Meridian The Essential Chequing Package
3.15/5 our rating
Opens Meridian's website
- Monthly fee
- $3
Overview
A low-cost Meridian account for people who barely use chequing: a few bills, the odd transfer. The fee is small, and for Ontario residents who bank lightly it's better value than a lot of entry-level credit union plans. If you use debit for daily spending, you'll outgrow it quickly.
Fees
Account fees
Monthly fee
$3
eStatement
Included
Highlights
- No minimum balance requirement
- Includes 15 self-serve¹ transactions each month
- Includes 5 in-branch transactions² each month
- Additional self-serve or in-branch transactions cost $1.25 each
- Rebates on up to 4 Interac e-Transfers³ per month ($1 each for additional e-Transfers)
- Includes 2 cheques⁴ every month
- Access to 3,600 Meridian ATMs and 40,000 ATMs on THE EXCHANGE® Network
Legal
1Self serve transactions - Includes bill payments via: Online, In-Branch, Mobile or Telephone Banking and ATMs, Interac® Direct Payment purchases, pre-authorized debit, and ATM withdrawals. US Dollar chequing account self-serve transactions limited to transfers between accounts via Online, In-Branch, Mobile, & Telephone Banking and payments to Meridian US VISA credit cards (transaction fee not charged for payments to Meridian US VISA credit cards from Meridian USD accounts). Bill payments and pre-authorized debit transactions are not available on Savings accounts.
2In-branch transactions - Includes all in-branch withdrawals, bank drafts and outgoing wire transfers.
3Interac e-Transfers® will be charged at the time of transfer, but refunded at month-end in accordance with package conditions.
4Cheques – Cheques drawn on the account or cheques written on the account.
5Surcharge-free ATM transactions apply to Meridian and THE EXCHANGE® Network ATMs only. THE EXCHANGE® Network is a registered trademark of Fiserv, Inc., licensed for use in Canada by FICANEX Services Limited Partnership, on behalf of Fiserv EFT.