Cash Management Account

The IPC Cash Management Account (CMA) is the perfect solution for people who require convenient access to their funds but who do not want to settle for typical chequing account interest rates.

Benefits/Features:

• Ability to use the account for investments or as a regular "bank" account
• Easy access to funds by cheque, Internet, telephone, debit card or ABM
• Superior interest rates paid on each day’s closing balance
• Payment of bills via Internet or telephone

There are two interest rate tiers, one for balances $2,000 and over and a lower tier for balances under $2,000. Interest is calculated on the closing daily balance and is paid monthly. The rate on the lower tier is 1%. The rate on balances $2,000 and over is adjusted based on market conditions.

The IPC Cash Management Account offers the attractiveness of a daily interest savings account together with the flexibility of a chequing account but with the premium interest rates of a term deposit.

Some terms and conditions apply.

Services provided by B2B Trust, a subsidiary of Laurentian Bank of Canada and a member of Canada Deposit Insurance Corporation (CDIC).