The Zoomer Report: Bank fees

If you’re having a significant birthday, you could be eligible for big
discounts from your bank.

They may be called Seniors’ discounts, but they kick in long before you
hit that milestone. For instance, when you hit the age of 60, most of the big
banks will give you a standard banking plan for free as well as free drafts,
traveler’s cheques and other benefits. Some smaller institutions, like
Citizen’s Bank and Vancity Credit Union offer these deals when you turn
55.

But you don’t get this automatically – you have to ask for it –
so make sure you do that. The Financial Consumer Agency of Canada has an online
table comparing all these offerings.

About The Zoomer Report

Libby Znaimer, a prominent Canadian journalist specializing in business, politics, and lifestyle issues, is producer and host of The Zoomer Report, a special feature on topics of interest to baby boomers and the 50+. It covers everything from health and wealth to leisure and volunteerism, from the special vantage point of the generation that has changed society in its wake.

Ms. Znaimer is also Vice-President of News and Information for Classical 96.3FM and AM740. Her first book, “In Cancerland – Living Well Is The Best Revenge” – was published in October 2007 by Key Porter.

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