Personal Accounts
Savings Account Rates
| Personal Savings Accounts (Rates effective 2024-12-18) | Rates |
|---|---|
| High Interest Savings | 1.75% |
| Regular Savings ($0 - $9,999) | 0.05% |
| Regular Savings ($10,000 - $19,999) | 0.05% |
| Regular Savings ($20,000 - $29,999) | 0.35% |
| Regular Savings ($30,000 - $39,999) | 0.50% |
| Regular Savings ($40,000 - $49,999) | 0.75% |
| Regular Savings ($50,000 and over) | 1.25% |
| PLAN 24® Account | 0.05% |
| Golden Savings | 0.05% |
| FAT CAT® Account | 1.75% |
| HEADSTART® Account | 1.75% |
| US Savings | 0.05% |
| Tax Escrow | 0.00% |
Personal Chequing Account Rates
Currently, none of Belgian-Alliance Credit Union's Personal Chequing Accounts pay interest. Please visit our Accounts page for details on our Personal Chequing Accounts.
Unauthorized Overdraft Rate is 29.0% on all Chequing and Savings Accounts.
Notes
High Interest Savings and US Savings accounts pay interest monthly on the last day of each month. Interest is calculated on the lowest monthly balance.
e.g.: A consistent balance of $25,000 for the duration of an entire month earns the rate shown at the end of the month. However, if the balance was depleted to $5,000 at any time during the month, interest is calculated and paid based on this lower amount.
Regular Savings accounts pay interest monthly on the last day of each month. Interest is calculated daily based on the applicable tier.
e.g.: A daily closing balance of $25,000 earns the rate in Tier 3 on the entire balance at the end of the month.
These types of Savings accounts pay interest monthly on the last day of each month. Interest is calculated on the daily closing balance. Interest rate paid is based on the total balance in the account.
