Skip to content
 

Small Business

Interest Rate Tiers


Apply Now

Business Chequing Account

Interest is calculated on the daily closing balance and paid at month-end. Interest is paid on portions of the balance within each tier based on the interest rate for that tier:

Interest Rate TiersInterest Rates as at
May 1, 2006*
$0 - $9,999.990.000%
$10,000.00 - $24,999.990.000%
$25,000.00 - $99,999.990.000%
$100,000.00 - $249,999.990.000%
$250,000.00 - $4,999,999.990.000%

Business Savings Account/Business Investor Account

Interest is paid on the portion of the daily closing balance within each tier, based on the interest rate for that tier.

Interest Rate TiersInterest Rates as at
September 20, 2010*
$0 - $9,999.990.100%
$10,000.00 - $24,999.990.350%
$25,000.00 - $99,999.990.350%
$100,000.00 - $249,999.990.550%
$250,000.00 - $499,999.990.550%
$500,000.00 - $4,999,999.990.700%
$5,000,000.00 +0.700%

U.S. Dollar Business Chequing Account

Interest is calculated on the daily closing balance and paid at month-end. Interest is paid on portion of the balance within each tier:

Interest Rate TiersInterest Rates as at
May 1, 2006*
$0 - $9,999.990.000%
$10,000.00 - $24,999.990.000%
$25,000.00 - $99,999.990.000%
$100,000.00 - $249,999.990.000%
$250,000.00 - $4,999,999.990.000%