Business Investment Account
Good for business if:
You maintain surplus balances over $25,000 and up to $50 million†
You are looking for an interest-bearing Canadian or US dollar account
A tiered-rate investment account for surplus balances
Ideal for small to mid-sized businesses
Convenient, liquid alternative to GICs
Competitive interest rates1
- Available in Canadian and US Funds
- Online Access
- Fully liquid with no term restriction
- Earn premium interest rates on surplus balances between $25,000 to $50 million
- Paid on the entire balance within the highest applicable interest rate tier
Eligible for coverage by the Canadian Deposit Insurance Corporation (CDIC)
Deposits are eligible to be insured under the CDIC Act only if they are in Canadian currency, have a term of 5 years or less and are payable in Canada.
For full details of coverage limitations, refer to the CDIC brochure Protecting Your Deposits.
Interest rates are subject to change.
If your organization has deposit requirements for amounts in excess of the maximum balance limit, please contact your Scotiabank representative.