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For anyone looking for a reliable and flexible banking option, the Meridian Credit Union Pay as you go chequing account is an excellent choice.
Meridian Credit Union is a member-owned financial cooperative that offers a range of banking services to help its members reach their financial goals.
One of their most popular offerings is the Pay as you go chequing account – an account that allows customers to pay for only the banking services they need.
In this article, you will learn the benefits of the Meridian Credit Union Pay as you go chequing account and why it may be the perfect choice.
What is Meridian Credit Union Pay as you go chequing account?
The Pay As You Go Chequing Account is a personal chequing account appropriate for day-to-day banking operations. This account does not charge monthly fees and allows unlimited free deposits.
If you keep a balance of at least $2,000 in your account, you can carry out a number of free transactions.
Features of a pay as you go chequing account
The following are features of a Meridian Pay as you go chequing account;
Transaction fees
When you keep a balance of at least $2,000 in your account, you won’t be charged a transaction fee, and you won’t have any restrictions on the number of free transactions you may make.
When a member does not have a minimum balance there will be a $1 transaction fee charge on each transaction.
Zero monthly fees
You won’t be charged a monthly fee when you sign up for the “Pay as you go chequing account” offered by Meridian Credit Union. This indicates that you will not be required to pay a monthly charge to use the benefits included with the account.
Free ATM access
Meridian cardholders can access approximately 43,000 surcharge-free ATMs throughout North America, thanks to partnerships with The Exchange Network in Canada and the Allpoint Network in the United States.
Free Interac e-transfers
The term “free Interac e-Transfer” refers to the fact that you are not required to pay a charge to transmit or receive Interac e-Transfers.
You may transfer money to anybody in Canada with an Interac-enabled bank account using the Interac e-Transfer service, which is safe and easy. Sending an Interac e-Transfer may be done using your online banking, mobile banking, or by contacting your bank directly.
Meridian Pay as you go chequing account gives members four free Interac e-Transfers per month when they maintain a balance of $2,000
Use of debit card
You may make payments using Interac Debit in Canada and Accel in the United States with your Meridian debit card equipped with Interac Flash.
Various banking options
You will have access to various banking options, including mobile banking, in-branch banking, and Internet banking if you have a pay as you go account. Going “in branch” at Meridian Credit Union entails physically going to one of their locations in order to complete your transaction.
You can locate the most convenient branch by visiting the Meridian Credit Union website and clicking the “Find a branch” section. You may also do mobile banking transactions over the phone and online using the Meridian Credit Union website and mobile application.
Benefits of using a Meridian Credit Union Account
Many benefits come with using a Meridian Credit Union. The following are some of those benefits;
Various banking options
When using Meridian Credit Union, you can access various banking options such as in-branch, online and telephone banking. These options make banking with Meridian easy and convenient.
Low fees and high-interest rate
Meridian Credit Union offers competitive interest rates that come alongside low fees. Through this, members of Meridian Credit Union get to save money.
The interest rates offered by Meridian Credit Union are among the most competitive in the industry, and the credit union also has very reasonable fees. Members of the Meridian Credit Union are eligible to get financial savings as a result of this.
Free transactions
Almost all chequing accounts enjoy the free transactions that Meridian Credit Union offers its members. With this, you can easily do your daily transactions without being charged a fee.
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