Access your funds when you need them, while earning interest
$0 /monthly fee
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|
Monthly fee |
$0 |
|
Free debit transactions |
2 |
|
Additional fee |
$1.25 |
|
Minimum balance required |
$0 |
|
Earn interest |
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.
May be a good choice if you:
May NOT be a good choice if you:
Banking and more
a true partner
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.
Additional Information:
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.
This account calculates interest at one interest rate, based on the tier to which a portion of your Daily Closing Balance corresponds. Subsequent interest rate tier(s) may be used to calculate the interest on the remaining portion(s) of your Daily Closing Balance. This means portions of your Daily Closing Balance may fall within multiple Tiers. The interest calculates daily and is paid at month end. Interest rates and balance tiers are subject to change at any time without advance notice. Refer to bank account interest rates for our current rates.
For illustrative purposes only:
| Tier 1 | $0 - $99,999 | 1.40% |
| Tier 2 | $100,000 - $499,999 | 1.55% |
| Tier 3 | $500,000 - $999,999 | 1.65% |
| Tier 4 | $1,000,000 - $4,999,999 | 1.75% |
| Tier 5 | $5,000,000 | 2.40% |
Daily Closing Balance = $550,000
This account will calculate interest based on an interest rate of 1.40% on the first $99,999, an interest rate of 1.55% on the balance of $100,000 - $499,999 and an interest rate of 1.65% on the balance of $500,000 - $550,000.
Expert advice
Open a chequing account to manage daily finances and keep your business running smoothly.
Get a business credit card to manage expenses and fuel your business goals.
Speak to an advisor or at the branch
Monday to Friday: 8am - 8pm
Saturday: 8:30am - 4pm
Sunday: 11am - 3pm
An advisor will get back to you
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.
