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Werlnesday, Ociober 13, 1982 - North Shore. News

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Recently, a major Canadian:
bank published a chart
comparing daily interest

accounts. Buttheydidn't —.
compare all banks.

Our bank in particular was left
off the chart. The Bank of
British Columbia and the
Bonanza Account.

Why?

Possibly because there is no
comparison with the
advantages that the Bonanza

‘Account can give you.

Our Bonanza Account was the
first daily interest account ever
offered by any Canadian bank.
And it's still the best.

For one thing, there's
convenience. You don’t need

two accounts; one for chequing

and one for savings. Bonanza
handles both, and most
importantly, over the years, no

bank has ever paid a higher rate
Of interest on a chequing/

savings account.

Check the chart (to which
‘we've added the interest rates).
Then switch over to the
Bonanza Account.

Bank of British.

‘ . ’ : noo
1 .

C.1.B.C.
‘COMB. ACCT.

Calculated Daily
Paid Monthly

ROYAL BANK
“SIGNATURE”

Calculated Daily
Paid Monthly

TORONTO
DOMINION

Calculated Daity
Paid Monthly

Calculated Daily

Calculated Daily
Paid Monthly

Paid Monthly

NO

NO
Cheque Search: | Cheque Search: | Cheque Search:
NO charge within | Within 90 days. | Within 30 days: | Wanin m.cays
30 days. $1 each 2 items tree. $1 sch itorn Normal search
thereafter. $1 each thereafter each item charge each item
thereafter. thereafter.

$200 $200 $300 $200
None Required |22¢ each cheque if] 23¢ each cheque if |23¢ each cheque if |25¢ each cheque &
2 free cheques 25¢| balance below balance below balance below | deposit if balance
each thereafter, [minimum monthly | minimum monthly | minimum monthly | below minimum
balance balance balance monthly balance.

Minimum
Balance

for free
chequing

sooeee, 000 Available under Optional Optional
$1 minimum | “Sufficient Funds” $500 - $5,000 $250 - $2,000
monthly charge or| Charged only it Not available Charged only if | Charged only if
overdraft interest. overdrawn overdrawn overdrawn
whichever is min. $2.50 min $3. min. $2
O

Current
Maximum
Annual Interest
Rate*

i
(Min deposit to quality
for maximum intorest)

Chequing — 3%
Savings — 9%%
only available on
non-chequing
savings account

(nil)

“Rates as reported on October 8 1962 ali rates subject to Change without nonce

Columbia
Canada’s Western Bank

)

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le.