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BIZSIMPLE® LOW FEE CHEQUING ACCOUNT

Get the basics for business banking for just $7 a month

  • Low monthly account fee
  • Unlimited electronic bill payments

$7 /monthly fee

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Fees

Monthly fee

 $7

Free debit transactions

‘Electronic bill payments only

Additional fee

 $1.25

Minimum balance required

 $0

Earn interest

No

Transactions over what the monthly package allows, ATM transactions not via THE EXCHANGE® and ACCULINK® networks, and any additional banking services you use may incur a fee. View Business Service Fees to see our account & service fees.

Is BizSimple Low Fee Chequing right for your business?

May be a good choice if you:

  • You are looking for an unlimited self-serve account
  • You want to pay less on day-to-day banking fees

May NOT be a good choice if you:

  • You are looking for an account that pays interest
  • You are looking to make purchases in US Dollars
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Banking and more

We'll make banking easy

Bank anytime

Manage your accounts anytime with secure business and commercial online banking.

Learn more

Power your cash flow

From vendor payments to employee payroll, our payment solutions help you manage money more efficiently while integrating seamlessly with your banking.

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Smart point-of-sale solutions

Make it easier for customers to pay you with our all-in-one payment system solutions

Learn more

a true partner

Get personalized advice

By understanding what matters most to you, we deliver advice that’s tailored to help your small business flourish. Our expert team of Business Advisors can support you with specialized advice that your businesses need.

Book an appointment
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Frequently asked questions

What are debit transactions?

Debit transactions involve money leaving your account, and they can include point-of-sale purchases with your debit card, outgoing Interac e-Transfer®, Interac e-Transfer® fulfil requests, outgoing Me-to-Me transfers, in-branch withdrawals, ATM withdrawals via THE EXCHANGE® & ACCULINK® networks, bill payments, cheque clearing, preauthorized debits (PADI) and more. Collabria credit card and CUMIS pre-authorized debits or bill payments are free using online banking services and mobile apps.

Look into our other products

Savings

Open a savings account to grow your funds and move your business goals forward.

Explore savings accounts
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Credit cards

Get a business credit card to manage expenses and fuel your business goals.

Explore credit cards
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We're here to assist you

Call us

1-888-597-8083

Monday to Friday: 8am - 8pm
Saturday: 8:30am - 4pm
Sunday: 11am - 3pm

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  • Debit transactions involve money leaving your account, and they can include point-of-sale purchases with your debit card, outgoing Interac e-Transfer®, Interac e-Transfer® fulfil requests, outgoing Me-to-Me transfers, in-branch withdrawals, ATM withdrawals via THE EXCHANGE® & ACCULINK® networks, bill payments, cheque clearing, preauthorized debits (PADI) and more. Collabria credit card and CUMIS pre-authorized debits or bill payments are free using online banking services and mobile apps.

  • Product terms, features and fees are subject to change, and we will provide appropriate notice as applicable and as may be required. Debit transactions over what the monthly package allows and any additional banking services you use may incur a fee. View Business Service Fees to see our account & service fees.