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Meridian Credit Union US Dollar Chequing Account Overview
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Meridian Credit Union has you covered for anyone searching for a secure and convenient way to manage their US dollar transactions. Meridian Credit Union US Dollar Chequing account is designed to make it easy and affordable to do your banking in US dollars.
With competitive exchange rates and no hidden fees, you can trust Meridian to help you get the most out of your money. Read on to learn more about Meridian Credit Union US Dollar Chequing account benefits and how to open one today.
What is Meridian Credit Union?
Meridian Credit Union is a large financial institution in Canada, and it is well known for providing top-notch products and services. Meridian Credit Union provides members access to various financial products and services.
Meridian Credit Union offers financial products and services such as a wide range of personal banking options, mortgage programs, and credit card options (both for personal and professional use).
The Meridian Credit Union is dedicated to providing its member-owners with high-quality financial services and products. Additionally, it is dedicated to contributing to the local communities it serves.
What is the Meridian Credit Union US Dollar chequing account?
The Meridian US Dollar Chequing Account is a chequing account that allows you to save and manage US dollars. This account is specifically useful for people that receive or make payments in US dollars.
A US Dollar chequing account enables you to earn interest on your account balance each month without incurring any monthly fee.
Features of Meridian US Dollar chequing account
Features of a US Dollar chequing account at Meridian Bank include the following;
Interest rate
Meridian US Dollar chequing account allows its members to earn interest on their account balance. This interest is based on the amount of money in your account.
Interest rate (%)
Account Balance ($)
0.025
0 to 4,999
0.05
5,000 to 24,999
0.10
25,000 and above
The table above summarises the interests to expect based on your account balance.
Fees
Although the Meridian US dollars chequing account doesn’t charge a monthly fee, it charges $1 per transaction.
Various banking options
Using the US Dollar chequing account gives you access to your account in various ways. You can contact customer care representatives online, through mobile banking or in-branch.
Transactions
Meridian US Dollar chequing account allows you to make and receive US dollar payments anytime. It also provides flexibility in exchanging funds and carrying out transactions at any physical branch or through online banking.
Examples of these transactions include exchanging funds, making withdrawals or deposits at any time. However, it is important to note that transactions attract charges.
Benefits of using Meridian Credit Union
The following is a list of advantages that come with having an account with Meridian Credit Union;
Membership
The members of Meridian Credit Union are held in very high regard, and the organization makes it possible for them to share their thoughts and ideas on various topics relevant to the credit union.
Therefore, as a result of the fact that you are a member of Meridian Credit Union, you are entitled to have a say in the decisions that are made about the management of the credit union.
Low Fees and High-Interest rate
The Meridian Credit Union provides its members a wide range of financial goods and services at competitive rates. Additionally, it provides attractive interest rates on its savings accounts and investments.
Great customer service
The customer service provided by Meridian Credit Union is considered to be among the finest in the industry. This is because the website is very user-friendly, with various instructions explaining how to complete the necessary transactions.
The frequently asked questions part of the website allows you to get answers to some questions that come to mind. In addition, it has a part that provides the customer care person’s phone number.
Through this area, you can contact the customer care representative with any inquiries or requests for assistance about the banking procedure.
Through a customer care representative, you may also schedule a meeting with one of their advisors at a time and place convenient for you on the Internet if you need help or have concerns about banking, borrowing, or investing.
FAQs about the Meridian Credit Union US Dollar Chequing Account
What is a US Dollar chequing account?
A US dollar chequing account is a kind of credit union account that allows you to keep your money in US dollars (USD) with a Canadian financial institution rather than having to convert it to Canadian dollars.
If you are a Canadian who does business with American customers or you travel to the United States regularly, having a chequing account denominated in US dollars may be an easy method to handle your finances.
How can I open a Meridian US Dollar Chequing account?
You can open a Meridian US Dollar Chequing account by visiting the Meridian branch closest to your location.
What are the monthly fees for a Meridian US Dollar Chequing account?
The Meridian Credit Union dollar chequing account does not charge its members monthly fees. However, there is a cost of one dollar associated with each transaction, which includes withdrawals from ATMs, payments of bills, and electronic transfers.
Meridian Credit Union US Dollar Chequing Account Details
Transaction Fee
$1
Interest Rate
0.025%
Monthly Self Serve Transactions
Unlimited
Number of Monthly Transactions
Unlimited
Other Features
CDIC Insurance
Mobile App
In-Branch Banking
Online Banking
Telephone Banking
Mobile Deposit
ABM Network
Apple Pay
Google Pay
Goal Tracker
Meridian Credit Union US Dollar Chequing Account Contact
Phone Number
1-866-592-2226
Hours
Monday to Sunday: 8:00 AM – 12:00 AM (EST/EDT)
Website
www.meridiancu.ca/
Address
75 Corporate Park Drive St Catharines ON L2S 3W3 Canada
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