Member dividends are calculated by adding up the product dividend and volume dividend amounts.
Product dividend calculation
The maximum amount for the product dividend is $50. The product dividend is based on the number of months over which you had eligible products from all 4 product lines. For example, if you qualified for the product dividend only during the last 6
months of the year, you'll receive half the maximum amount, which, in this case, is $25.
Only personal members are eligible for product dividends.
Volume dividend calculation
The volume dividend is calculated based on your business volume[ 1 ] note in each product line, except for:
- Credit cards: Calculations are based on net purchases.[ 2 ] note
- Wealth management investment services: Calculations are based on fees and commissions paid.[ 3 ] note
- Insurance products: Calculations are based on premiums paid.[ 4 ] note
We apply a certain rate per $1,000 for every eligible product in each product line.
For jointly held products, we split the volume evenly between the product holders. However, the volume is only paid to the primary product holder for:
- Joint credit cards
- In-caisse Accord D financing
- Part of member dividends that are based on fees and commissions paid[ 3 ] note for wealth management investment services provided by Desjardins Securities Inc. to the clients of Signature
Service, Desjardins Securities and Desjardins Online Brokerage