Chequing Account Interest Rates and Charges

 

 

 Canadian Dollar HiVALUE® PLUS Chequing AccountCanadian Dollar HiVALUE® Chequing AccountUS Dollar HiVALUE® Chequing AccountCanadian Dollar Basic Chequing Account
INTEREST RATESEffective June 4, 2018Effective June 4, 2018Effective September
22, 2009
Effective June 4, 2018
First C$ 1,000.00 (balance between C$ 0.00 to C$ 1,000.00) 0.00% 0.00% N/A 0.00%
Next C$ 1,500.00 (balance between C$ 1,000.01 to C$ 2,500) 0.00% 0.00% N/A 0.00%
Over C$ 2,500.00 (balance from C$ 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