The Privilege Program1,5
For a fixed monthly rate, you can carry out an unlimited number of banking transactions on your account. These transactions can be made at a Laurentian Bank automated banking machine or through LBCDirect* services (Internet and phone). For only $9.50 per month, you can take advantage of a complete range of banking services.
This program includes, at no charge:
- Transactions through account (withdrawals, cheques, funds transfers)
- Bills payment
- Purchase transactions by Interac® Direct Payment
- No usage fees for overdraft protection2,3
- The quarterly Super Statement† - your personal statement at a glance!
- Personalized cheques4
- Cheque stop payment
- RRSP with no annual management fees7
See for yourself !
As shown in the table of advantages , you can save approximately $415.56 per year (or $44.63 per month) with the Privilege Program.
|TABLE OF ADVANTAGES*|
(Note that the more transactions you make, the more you save)
|6 withdrawals from an LBC automated banking machine||$6.00||Included|
|15 Interac Direct Payment transactions||$18.75||Included|
|3 bill payments at an LBC automated banking machine||$6.00||Included|
|1 order of 100 personalized cheques for the year (over 12 months)||$5.37||Included|
|2 cheque stop payments per year (over 12 months)||$2.17||Included|
|Overdraft protection (usage fees)2,3||$5.00||Included|
|Quarterly Super Statement||$0.84||Included|
|The RRSP with no annual management fees7 offers savings of $30.|
To take advantage of the benefits of our programs right away, talk to our staff at one of our branches or contact our Telebanking Centre for more details at 1-877-522-3863.
Investment accounts are offered by LBC or LBCFS. LBCFS is a wholly owned subsidiary of LBC and a separate legal entity from LBC, B2B Trustco and any other deposit product issuers or mutual fund companies whose products it distributes. Every LBC advisor is also a licensed LBCFS mutual fund representative. LBCFS’s liability is limited to the conduct of its representatives in the performance of their duties for LBCFS.
® Registered trademark.
EpostTM is a trademark of Canada Post Corporation.
† Trademark of Laurentian Bank.
1. The advantages of the Privilege Program cannot be combined with any other Laurentian Bank offer. All the advantages offered as part of these programs are subject to certain conditions.
2. Subject to credit approval by the Laurentian Bank.
3. Overdraft annual interest charges always apply.
4. "Exclusive" model for the Privilege Program (one free cheque order per year).
5. Account maintenance fee as per selected option -> Paper bank statement6: $3.00/month, electronic bank statement via epostTM: free
6. A bank statement is printed and mailed to the client’s home when more than five transactions are recorded in the account since the last statement was printed. Applicable account maintenance fees will continue to be charged to your account.
7. Conditions apply. Value of $30.
* Example based on The Operations Account. Fees used in the example are those in force since March 1, 2020.