Spending Accounts

Key Features

Save on monthly fees.
The monthly fee is waived if you maintain a minimum daily balance in your account during the month on all Spending Accounts.

Interac® e-Transfers for everyone.
At least one Interac® e-Transfer is now included in every Spending Account, with unlimited e-Transfers now included in the UltraFlex Spending Account.

QuickSwitch your Account
Whether you’re planning a trip or renovations on your home, with just a phone call you can quickly and easily switch your spending account to avoid any excess service charges.

Each Spending Account is designed to compliment a specific way of spending money. The Core is best suited for those who use cash on a daily basis where the UltraFlex is designed for the frequent traveler.

If you’re 25 and under or 60 and over, you get the same choice of accounts, and pay a discounted rate each month.

Youth = Everyone 25 and Under
Whether you’re going to school, working full time or somewhere in between, if you're 25 or under, you can get the same great discount on any Spending Account you choose.

Save even more money with a Youth Spending Account during the month of September with two free movies tickets. Hurry, this deal is only available until September 30th or while supplies last. See complete details below.

 

Unlimited Me-to-Me online transfers with every Spending Account.
Transfer funds between your Savings and Spending Accounts online as much as you like without using any of your included Standard Transactions.

All our Spending Accounts come with Standard Transactions as part of the monthly fee.
Performing any one of the following transactions would be considered a standard transaction.

Standard Transactions

ATM Withdrawal
ATM Transfer
In Branch Transfer
In Branch Cash Withdrawal
Bill Payment
In Store Purchase
Interac® Flash
Interac® Online Payment
Online Bill Payment
Online Transfers
GLOBAL PAYMENT™ Purchase
GLOBAL PAYMENT™ Withdrawal
Cheques
Telepay™ Transfer
Telepay™ Bill Payment

Spending Accounts

 

CORE

FLEX

ULTRAFLEX

Transactions

Standard Transactions

20 Free
$1.25/Additional

Unlimited

Unlimited

Online Me-to-Me transfers 

Unlimited

Unlimited

Unlimited

Deposit Anywhere™

Unlimited

Unlimited

Unlimited

Interac® e-Transfers

1 Free
$1.50 /Additional

10 Free
$1.50 /Additional

Unlimited

Interac® ATM

$1.50 /Withdrawal

$1.50 /Withdrawal

Unlimited

International ATM*

$4.00 /Withdrawal

$4.00 /Withdrawal

Unlimited

Cross Border Debit

$2.25/Transaction

$1.00/Transaction

Unlimited

Additional Features

CHOICE REWARDS® on GLOBAL PAYMENT™ transactions

$24.00 /Year

$24.00 /Year

Free

Interest on Monthly Balance

-

-

Yes

Safety Deposit Box Discount

-

-

$12.00 /Year

Overdraft

$5.00 + Interest

$5.00 + Interest

Interest Only

Personalized Cheques

Starting at $24.00

Starting at $24.00

Starting at $0.00

Money Orders

$6.50

$6.50

Free

Certified Cheques

$15.00

$15.00

Free

Drafts

$7.00

$7.00

Free

Record Keeping

Online Statements with Cheque Images

Free

Free

Free

Paper Statements with Cheque Images

$2.50 /Month

$2.50 /Month

Free

Pricing

Regular

$6.00 /Month

$14.50 /Month

$29.50 /Month

Youth (25 and Under)

Free

$2.00 /Month

$12.00 /Month

Senior (60 and over)

Free

$7.25 /Month

$20.75 /Month

Minimum Daily Balance Required to Waive Monthly Fee

$2,000

$4,000

$5,000

® Used under license. All trade marks are the property of their respective owners.
* Additional fees, such as any terminal convenience, currency conversion, or usage fees, may be charged by third parties and added as part of the transaction amount.  

 

*2017 Youth Spending Account Campaign
Terms and Conditions (“Terms”)

 

  1. The Promotional Offer: Providing you fulfill the Qualifying Criteria in Section 2 and the conditions set out below, you will receive two (2) general admission passes to Cineplex (the “tickets”).
  2. How to qualify for the Promotional Offer: In order to qualify, you must:
    Be an Eligible Youth Member
    a. “Eligible Youth Member” means a credit union member who: is a resident of Canada and aged between 13 to 25 during the Promotional Period. Any member under the age of 18 years must have consent from a parent or legal guardian in order be eligible.
    b. Open an Eligible Youth Spending Account during the Promotional Period.
    OR
    Hold an existing Eligible Youth Spending Account in good standing during the Promotional Period.
    “Eligible Youth Spending Account” means any one of the following accounts: Core Spending Account, Flex Spending Account, or UltraFlex Spending Account at a participating Credit Union in Prince Edward Island.
  3. The Promotional Period means the period starting September 1st, 2017 and ending September 30th, 2017.
  4. The Promotional Offer is available to Eligible Youth Members only.
  5. The Promotional Offer is only available while supplies last.
  6. You must be present in branch at a participating credit union on Prince Edward Island to participate in the Promotional Offer.
  7. Employees of Prince Edward Island credit unions, members of an employee’s immediate family, individuals domiciled with an employee, and Board members of an PEI credit union are not eligible to participate in this Promotional offer.
  8. Only one pair of Tickets per Eligible Youth Member, no matter how many Eligible Youth Spending Accounts, member numbers, or credit union memberships you may hold or open during the Promotional Period. 
  9. Only one pair of Tickets per Eligible Youth Spending Account, including joint accounts.
  10. The Tickets must be accepted as awarded.
  11. Your Eligible Youth Spending Account should remain open and in good standing for a long time because we’re awesome, however, we know things happen. If you close your Eligible Youth Spending Account before the end of September 30, 2017, we wont claw back the value of the Tickets you received.  
  12. The Promotional Offer and these Terms do not, in any way, affect any of the service fees related to the operation of any of our account, which continue to apply.
  13. We reserve the right to change the Promotional Offer and these Terms at any time. The posting of the current Terms at www.creditunionspei.com shall be deemed sufficient notice to you of such Terms and any changes, if required.
  14. We reserve the right to cancel the Promotional Offer at any time for any reason at our complete discretion without notice.
  15. In the event of a conflict between these Terms and the content of any other promotional materials, including but not limited to posters, ads, or displays, the Terms available at www.creditunionspei.com shall prevail.
  16. We reserve the right, in our sole discretion, to suspend, disqualify, limit or revoke this Promotional Offer to any person or account holder we find or believe to be manipulating or otherwise abusing the process, fairness, integrity or operation of the Promotional Offer, including any person whose overall relationship with us is in our opinion not in good standing.