The Ultimate banking package
The Ultimate banking package
With a minimum of $100,000 in investable assets, or a commercial banking relationship totaling $1 million, enjoy all of the benefits you'd expect from a VIP bundle, including savings of over $1,0001 a year.
Ultimate Account |
|
| Balance | Annual Interest |
| $5,000 & over |
0.000% |
Summit Savings Account® |
|
| Balance | Annual Interest |
| $0 - $15,000,000.00 | 0.350% |
| $15,000,000.01 & over | 0.350% |
Effective date: 25-January-21 Posted rates available at branches only. Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. Interest and rate tiers are subject to change without notice. Interest is paid in the currency of the account.
All rates are per annum and are subject to change without notice.
| Monthly fee | Free |
1Savings are based on account transactions conducted using the Ultimate Banking Package compared to the same transactions using CWB's standard chequing account. Savings were calculated assuming the use of all banking services available within the package. This calculation assumes that the following transactions were conducted: On a monthly basis, 40 debit transactions, 5 ATM withdrawals and 2 Interact e-Transfers, and on an annual basis, one cheque order, one stop payment transaction, 4 bank drafts purchased, rental of a CWB safe deposit box and a renewal of CWB mortgage. The calculation also assumes that the client maintains a self-direct RRSP account with Canadian Western Trust. The actual savings will vary depending on the extent to which each service is actually used.
The bundle includes:
- The Ultimate account
- Summit Savings Account®
- A CWB line of credit or the Platinum Plus/MBNA Rewards Mastercard®
Package exclusive perks include:
- No monthly fees for unlimited banking
- Special mortgage rates
- Self directed RRSP through CWT with no annual fee
- A complimentary financial planning session
*Excluding non-EXCHANGE ATM Withdrawals. See the complete listing of related service charges including payment and other sundry services.
