Business Investment Account
Grow your surplus funds with a competitive interest rate.
Product benefits
- Earn interest on balances between $25,000 and $50,000,000*
- Available for CAD or USD
- Save with no monthly fee
- Withdraw funds anytime
- Grow funds with interest calculated daily and paid monthly
- Bank quickly and conveniently online
Account details
| Account Features1 & Interest Rates (p.a.)2 | ||
|---|---|---|
| Currency | CAD | USD |
| Maximum balance | $50,000,000 | $50,000,000 |
| Monthly Maintenance Fee | $0 | $0 |
| Balance Tiers* | Interest Rates (CAD) | Interest Rates (USD) |
| $25,000,000 - $50,000,000† | 2.75% | 3.550% |
| $7,500,000 - $24,999,999 | 2.75% | 3.550% |
| $2,000,000 - $7,499,999 | 2.75% | 3.550% |
| $25,000 - $1,999,999 | 2.25% | 3.250% |
| Under $25,000 | 0.000% | 0.000% |
* Interest is calculated on the entire daily closing credit balance within the highest applicable interest rate tier, at the rate for that tier, and paid monthly.
† For funds exceeding $50,000,000, speak to your advisor about other investment options better suited for your business.
Related services
Dual Rate Investment Account
Operate your business and save surplus funds – all with a single account.
Redeemable GIC
Provides liquidity and can be redeemed before maturity.
Non-Redeemable GIC
Earn more interest when you lock in your funds in this guaranteed investment.
How can we help?
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1
Please see Your Guide to Fees and Interest Schedules for details.
2
Interest is calculated on the entire daily closing credit balance within the highest applicable interest rate tier, at the rate for that tier, and paid monthly. Please note, interest rates are subject to change.