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Is your money working as hard as you are?
The Business Advantage Account is the perfect complement to traditional bank accounts, allowing business owners like you to earn high interest on your excess or idle cash. You'll also get:
- High interest on every dollar in your account
- Easy access to your money with online and mobile banking
- Free deposits and bank-to-bank transfers between your accounts at other Canadian banks
1.45%
Business Advantage Account Rate1 Is our Business Advantage Account right for you?
Yes, if you:
- Own a small or medium-sized business
- Have a primary operating account at another Canadian bank
- Want to earn high interest on your idle cash without locking it in
Benefits
Rates and fees
Rates
Earn high interest rate on all your money:
1.45%
Business Advantage Account Rate1 Fees
No monthly fees, and no fees to deposit or transfer money. Other services and fees include:
| Services | Fees |
|---|---|
| Transferring money from your account at another Canadian bank | No charge |
| Direct deposit | No charge |
| Mobile cheque deposit | No charge |
| Receiving money via Interac e-Transfer®3 | No charge |
| Mail in cheque | No charge |
| Services | Fees |
|---|---|
| Transferring money to your account at another Canadian bank | No charge |
| Pre-authorized withdrawal | No charge |
| Bill Payment | $1.00 |
| Sending money using Interac e-Transfer | $1.00 |
| Cheques | $1.50 |
Additional services such as wire transfers, stop payments, and official cheques (in lieu of certified cheques) are also available. Please review our services and fee guide (PDF) for a complete list of all services and associated fees.