Chequing Account Interest Rates and Charges
| CAD HiVALUE® PLUS Chequing Account | CAD HiVALUE® Chequing Account | USD HiVALUE® Chequing Account | CAD Basic Chequing Account | |
|---|---|---|---|---|
| INTEREST RATES | Effective June 4, 2018 | Effective June 4, 2018 | Effective September 22, 2009 |
Effective June 4, 2018 |
| First CAD 1,000.00 (balance between CAD 0.00 to CAD 1,000.00) | 0.00% | 0.00% | N/A | 0.00% |
| Next CAD 1,500.00 (balance between CAD 1,000.01 to CAD 2,500) | 0.00% | 0.00% | N/A | 0.00% |
| Over CAD 2,500.00 (balance from CAD 2,500.01 and above) | 0.15% | 0.15% | N/A | 0.15% |
| Interest calculation | Daily, on closing balance | Daily, on closing balance | N/A | Daily, on closing balance |
| Interest payment | Monthly | Monthly | N/A | Monthly |
| ADMINISTRATIVE CHARGES | ||||
|---|---|---|---|---|
| Monthly administration fee | Balance (Tier-based) Less than $1000 : $21.95 $1000 to $2500 : $15.95 More than $2500:$12.95 |
$9.95, Waived with minimum daily closing balance of $3000. |
$9.95, Waived with minimum daily closing balance of $3000. |
$4.00, Waived for senior citizen, youth, student, RDSP beneficiary. |
| KEY SERVICES | ||||
|---|---|---|---|---|
Cheque book |
Free & unlimited |
First 20 cheques free, subsequent ones chargeable |
Not applicable |
Chargeable |
Money Transfer to India |
Free |
Chargeable |
Chargeable |
Chargeable |
Withdrawal at non-ICICI Bank Canada & non Exchange® Network ABMs |
Free* |
Chargeable |
Chargeable |
Chargeable |
Debit transactions without additional charge |
Unlimited |
25 |
25 |
12 |
Refer to our Disclosure Statement for our schedule of charges
* ICICI Bank Canada does not impose a surcharge for ABM withdrawals worldwide but local ABM providers may impose a surcharge.
All interest rates are expressed on a per annum basis and are subject to change any time without notice.
All fees and service charges are in the currency of the account.
Please refer to our Disclosure Statement for a complete listing of fees and charges on our services.
Rate History