Right Size Savings for business

Earn interest on surplus funds with this simple, flexible investment account.

Apply now
Product Benefits

  • No monthly account maintenance fee1
  • Higher interest for higher balances2
  • Unlimited FREE Canadian Dollar self-service transfers3
  • Bank quickly and conveniently online
  • Earn a higher interest rate as your balance grows
  • Withdraw funds anytime

 

NOTIFICATION: Business banking fees are changing January 1, 2020. Please click here for details.

Product Details


*Interest earned will be the sum of corresponding interest earned for each tier.

ACCOUNT FEATURES & RATES

Currency

CAD

Minimum balance to earn interest  

$10,000

Maximum account balance

$2,000,000

Number of accounts allowed

1 per legal entity

Progressive Tiers ($ CDN Amount)4

Applicable Interest Rate5 (p.a.)

$1,000,000 - $2,000,000

1.700%

$200,000 - $999,999

1.350%

$100,000 - $199,999

0.950%

$1 - $99,999

0.800%

For funds exceeding $2,000,000, speak to your advisor about other investment options better suited for your business. 

Additional Services


Dual Rate Investment Account

Operate your business and save surplus funds – all with a single account

Cashable GIC

A safe, secure investment that you can cash out anytime

Non-Redeemable GIC

Earn more interest when you lock in your funds in this guaranteed investment

Resources



Protected by CDIC

Canadian Deposit Insurance Corporation automatically protects eligible funds in your account.6 Read Protecting Your Deposits for details or ask for a copy at your branch.

CDIC Deposit Protection



Schedule of Fees

Learn about account and service fees.

 

Business Banking Services Agreement

Review the agreement.

Right Size Savings for business
Earn interest on surplus funds with this simple, flexible investment account.
Apply now
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