Banking Discounts

Bank discounts for seniors can be hard to find. We've done the research to help our members find savings they may not be aware of with detailed information from major banks and credit unions.

Axos Bank (55+)

The Axos Bank Golden Checking Account is designed for individuals aged 55 and older. This online-only account offers no monthly maintenance fees, reimburses up to $8 per month in out-of-network ATM fees, and provides one free box of checks every six months. Additionally, it features no overdraft fees and requires a minimum opening deposit of $50. Interest is compounded daily and paid monthly.

Link to the Golden Checking Program on the Axos Bank Website

CIBC (65+)

CIBC offers seniors a lower monthly fee on checking accounts and extra transactions on savings accounts. These benefits are part of their CIBC Smart for Seniors program, which provides tailored banking solutions to meet the needs of senior clients.

Link to CIBC Smart for Seniors Program on the CIBC Website

Lake Michigan Credit Union (50+)

The Lake Michigan Credit Union Advantage 50 Checking is tailored for customers aged 50 and above, this account earns interest at a rate of 0.25% APY without any minimum balance requirements. It imposes no monthly maintenance fees and offers two free boxes of checks per year. To become a member of Lake Michigan Credit Union, individuals can qualify by living, working, or worshiping in select areas in Michigan or anywhere in Florida, having an immediate family member who is a member, or by making a $5 donation to the Amyotrophic Lateral Sclerosis Foundation.

Best Checking Accounts for Seniors of 2025

Explore the best checking accounts designed for seniors in 2025. Our top picks have extra perks like waived monthly fees, free checks, and discounts on bank products.

Business InsiderSophia Acevedo

Seacoast Bank (55+)

This free checking account is designed for seniors 55+ and includes perks like free standard checks and available loan discounts. It aims to provide straightforward banking solutions with added benefits tailored for senior customers.

Senior Classic Checking Account | Seacoast Bank

Senior Classic Checking is a free checking account for seniors that comes with added perks, like free standard checks and available loan discounts. Learn more.

Seacoast Bank LogoSeacoast Bank Member FDIC

South State Bank (55+)

SouthState Bank offers additional benefits for customers aged 55 and older who open a SouthState Checking or Choice Checking account. These benefits include free wallet checks or a $10 discount on other check styles, a 20% annual discount on safe deposit box rentals, and free cashier’s checks.

Read About Senior Discounts on the South State Bank Website

TD Bank (60+)

TD Bank provides a rebate off the monthly fee for select chequing accounts to individuals aged 60 years and older. This initiative is designed to make banking more affordable for seniors by reducing the cost of maintaining a chequing account.

TD Bank Official Website