Everyday Business Savings¹
Perfect for savings you want to keep handy and use soon.
Explore the right savings accounts for your business
Every penny counts, especially in business. Put your money to work - don't let it underperform. Depending on your business needs, we have two types of savings accounts that offer competitive interest rates and maximum flexibility.
Our business savings accounts offer:
- Free Online, Mobile and Telephone Banking
- Surcharge-free access to Canadian currency accounts at over 5,000 THE EXCHANGE® or ACCULINK® ATMs across Canada with your Access Card
- Eligible deposits are 100% guaranteed†
- Environmentally sensitive e-statement options reduce paper, enhancing security and privacy
Current rate 0.05%. Includes 5 limited transactions2.
$1.25 per additional transaction.
Monthly fee: $0
¹ ALWAYS FREE TRANSACTIONS: Direct deposits, Online transfer withdrawals, Online transfer deposits, Incoming Interac e-Transfer payments, Request for Interac e-Transfer payments, In-branch deposits, In-branch transfer deposits, Smart device cheque deposits.
² LIMITED TRANSACTIONS: Outgoing Interac e-Transfer payments, Online bill payments, Cheque withdrawals, Debit card purchases, Pre-authorized debits, EXCHANGE Network ATM withdrawals, In-branch bill payment, In-branch withdrawals, In-branch transfer withdrawals.
High Interest Business Savings¹
Tiered interest rate—interest earned will be the sum of corresponding interest earned for each tier.
Includes 2 limited transactions2.
$5.00 per additional transaction.
Monthly fee: $0
¹ ALWAYS FREE TRANSACTIONS: Direct deposits, Online transfer withdrawals, Online transfer deposits, Incoming Interac e-Transfer payments, Request for Interac e-Transfer payments, In-branch deposits, In-branch transfer deposits, Smart device cheque deposits.
² LIMITED TRANSACTIONS: Outgoing Interac e-Transfer payments, Online bill payments, Cheque withdrawals, Debit card purchases, Pre-authorized debits, EXCHANGE Network ATM withdrawals, In-branch bill payment, In-branch withdrawals, In-branch transfer withdrawals.
Business U.S. Savings
Shelter from exchange rate fluctuations.
1 transaction included4.
$5.00 USD per additional transaction.
Earns interest.
Monthly fee: $0
Priced in USD
³ US ALWAYS FREE TRANSACTIONS: Direct deposits, Online transfer withdrawals, Online transfer deposits, In-branch deposits, In-branch transfer deposits.
⁴ US LIMITED TRANSACTIONS: Cheque withdrawals, Pre-authorized debits, In-branch withdrawals, In-branch transfer withdrawals.
Have a question? Ask an expert
Lauren Robinson Business Advisor
Business Advisor
Our team of experienced professionals are here to answer any questions you may have.