Skip to content
Home > My money > Plans > Preferred Account

Preferred Account

Make up to 20 transactions for an economical monthly fee of $7.50.1



Monthly fee $7.501
Transactions included 20 per month among the following:
  • Withdrawals, transfers and bill payments at Laurentian Bank AMBs
  • Transfers and bill payments with LBCDirect (telephone or Internet) or with the mobile app
  • Purchase transactions by Interac®2 Direct Payment
  • Pre-approved debits
  • Cheques
Account maintenance3 Paper bank statement: $3.00/month
Electronic bank statement via epostTM: free
Feature The Student Advantage and the 60 + Advantage offer a discount on this banking plan. If you are eligible, you could save even more!


This plan is suited to you if:

  • You make relatively few transactions.

This plan is not suited to you if:

  • You make more than 20 transactions monthly.


Legal notice

1. Regular fees apply to transactions exceeding the limit provided by the banking plan. Fee schedule in force as of March 1, 2021. For further information about this service and banking fees, please refer to the My Money fee schedule guide.
2. Some ABM operators and merchants may charge for the use of the terminal. These fees are not Laurentian Bank service fees.
3. You will receive a bank statement only when you conduct more than five transactions since the last statement printed. Applicable account maintenance fees will continue to be charged to your account.
epostTM is a trademark of Canada Post Corporation.

Your next steps