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Meridian Credit Union is one of the largest credit unions in Canada. Meridian offers a variety of personal banking products and services, including chequing accounts, savings accounts, loans, mortgages, and investment products.
The Meridian Credit Union Convenience chequing account is a no-fee account that gives you the flexibility and convenience you need. With no minimum balance requirements, you can use your account to pay your bills, shop online, or withdraw cash from any ATM in Canada.
If you’re looking for a chequing account that is both convenient and affordable, the Meridian Credit Union Convenience chequing account is the perfect choice for you.
What is Meridian Credit Union?
Meridian Credit Union is a financial institution situated in Ontario, Canada. This credit union is one of the biggest in Canada and the largest in Ontario. Over 365,000 people use Meridian’s services, making it the biggest credit union in Ontario.
Just like other credit unions, Meridian provides a wide variety of financial goods and services, which you may obtain at nearby banks. Meridian Credit Union is a great financial institution because it offers its members a wide variety of low-cost banking products and services that are useful to individuals and businesses.
In addition to the low-cost services provided, members may be eligible to take advantage of products and services more specifically tailored to meet their requirements and preferences.
What is a Meridian Credit Union Convenience chequing account, and what does it offer?
Meridian Credit Union Convenience Chequing account is an account you might consider opening if you only carry out a few monthly financial dealings.
A convenience chequing account is a chequing account that includes a certain number of transactions at no additional cost for customers who bank online, in a branch, or by writing checks.
Generally, a convenience chequing account is a type of chequing account that provides the bare minimum of banking services for a minimal fee.
This account often has a low minimum opening deposit and no monthly service charges. They may also provide a free debit card and internet and mobile banking access.
There are a total of seven distinct chequing accounts available with Meridian, and they are as follows: Pay As You Go, Limitless, Convenience, Electronic, Convenience Plus, U.S. Dollar chequing accounts and Senior chequing account.
How to open a Meridian Credit Union Convenience Chequing account
Create a convenience chequing account with Meridian Credit Union by visiting the credit union branch closest to you. Alternatively, you can open an account with them online via their website. Simply following the methods below will allow you to create an account via the website;
- Confirm that you are a Canadian citizen, at least the minimum age necessary, and have a valid email address.
- The next option is to decide whether the account will be a joint one.
- After this, you need to enter your payment information. Then, you will have to provide your personal information and any other necessary information by clicking the “Continue” button, after which you can evaluate and confirm the account opening.
- After successfully opening an account, you must pay a monthly fee of $5.
If you sign up for a chequing account with Meridian, you will be eligible for the Convenience Chequing account package as well as Meridian Credit Union membership.
Features of Meridian Credit Union Convenience chequing account
The following are features that come with a convenience chequing account;
1. Unlimited Free Deposits
Having a convenience chequing account at Meridian Credit Union allows you to enjoy unlimited free deposits.
2. Free transactions
A convenience chequing account allows you to enjoy up to 15 free transactions. These transactions are grouped into 15 monthly self-serve, personal, and cheque transactions.
3. Free ATM access
Cardholders of the Meridian brand have access to more than 43,000 cash machines in North America that do not levy a premium.
4. Free Interac-e transfers for a certain period
Payment by Interac e- transfer is a convenient alternative to cash and checks. With this approach, you may send money to anybody quickly and safely from the comfort of your own online or mobile banking account. Meridian Credit Union offers 4 free Interac e-Transfers per month in a convenience chequing account.
An Interac e-Transfer may be initiated using the mobile app, internet banking, or by phoning Meridian Credit Union’s customer support service.
To transfer money using Interac e-Transfer Meridian Credit Union requires some information such as the recipient’s preferred method of contact (through email or phone call), the amount you want to send, an answer to security questions asked.
The security question is asked so as to provide additional security to the account. The customer care method requires additional information, such as your account number and Interac e-transfer password.
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