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    1. Savings & GICs
    2. Business Investment Account

    Business Investment Account

    Grow your surplus funds with a competitive interest rate.

    Apply now

    Your account

    at a glance

    Monthly account fee
    $0 /month

    Account details

    Currency CAD USD
    Maximum balance $50,000,000 $50,000,000

    Interest rates (p.a.)2

    Balance Tiers2 Interest Rates (CAD) Interest Rates (USD)
    $25,000,000 – $50,000,000† 2.25% 2.80%
    $7,500,000 – $24,999,999 2.25% 2.80%
    $2,000,000 – $7,499,999 2.25% 2.80%
    $25,000 – $1,999,999 1.75% 2.50%
    Under $25,000 0.000% 0.000%

    † For funds exceeding $50,000,000, speak to your advisor about other investment options better suited to your business. 

    Account

    benefits

    Earn interest on balances between $25K – $50M2


    Available for CAD or USD


    Save with no monthly fee1


    Withdraw funds anytime


    Interest that’s calculated daily, paid monthly2


    Bank quickly and conveniently online

    Fuelling more

    together

    Hit the road and get up to 3¢/L in value.°

    When you link your ScotiaCard for business to Shell Go+. Learn more.

    Ready to open

    an account

    Open an account

    Apply now

    Visit us in person

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    related services

    Dual Rate Investment Account

    Details

    Redeemable GIC

    Details

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    Details

    Resources

    How to open a business account

    Eligible for CDIC Insurance

    Scotiabank - Your Guide to Fees and Interest Schedules

    312 KB : application/pdf

    Business Banking Services Agreement - Scotiabank

    624 KB : application/pdf

    Apply Now

    Legal 1

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    Legal Text

    Please see Your Guide to Fees and Interest Schedules for details.

    Legal 2

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    Legal Text

    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.

    Legal °

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    °
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    Instant 3 cents per Litre Discount on Fuel Purchases (All Grades): Receive an instant 3 cents per litre discount on purchases of fuel (all grades) (“Fuel Purchases (All Grades)”) at participating Shell locations in Canada when you use any eligible Scotiabank debit card or credit card linked to a Shell Go+ Account, up to a maximum of 1,000 litres per month per Scotiabank debit card and per Scotiabank credit card account. This total limit resets at the start of each new month per payment card account. This discount is subject to the Scotiabank Fuel Benefit Terms and Conditions.

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