{"id":778085,"date":"2020-02-27T18:18:50","date_gmt":"2020-02-27T23:18:50","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?page_id=778085"},"modified":"2026-01-11T16:14:48","modified_gmt":"2026-01-11T21:14:48","slug":"business-savings-accounts","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/banking\/business-banking\/business-savings-accounts","title":{"rendered":"Business savings accounts in Canada for 2026"},"content":{"rendered":"

Business savings accounts let you put your spare business cash to work. With a high-interest business savings account you can set money aside for future growth, hedge against inflation and prepare yourself for unexpected expenses.<\/p>

In this guide, we\u2019ll show you how to compare accounts to find the best business savings account in Canada for your business.<\/p>

Business savings accounts in Canada<\/h3>
Account<\/th>Interest rate<\/th>What we like<\/th>Monthly account fee<\/th>Open an account<\/th><\/tr><\/thead>
\"Picture<\/td>
  • <\/ul><\/td>
  • No monthly account maintenance fee<\/li>
  • Earn higher interest for higher balances<\/li>
  • Unlimited free Canadian Dollar self-service transfers<\/li><\/ul><\/td>
$6<\/td>Go to site<\/a>
<\/div>

Scotiabank Right Size Savings for Business<\/p><\/td><\/tr>

\"RBC<\/td>
  • Up to 2.19%<\/li><\/ul><\/td>
  • Receive tiered interest rates on your balances<\/li>
  • No minimum monthly fee<\/li>
  • Two free cheques or debits per month<\/li><\/ul><\/td>
$0<\/td>

RBC Business Essentials Savings Account<\/p><\/td><\/tr>

\"\"<\/td>
  • Undisclosed<\/li><\/ul><\/td>
  • Choose GIC terms from 30 days to 5 years<\/li>
  • Earn competitive interest rates<\/li>
  • Invest from any of your Venn multicurrency accounts<\/li><\/ul><\/td>
$0<\/td>
<\/div>

Venn GIC Account<\/p><\/td><\/tr>

\"Float<\/td>
  • Up to 4%<\/li><\/ul><\/td>
  • Earn interest on your cash balance in both CAD and USD<\/li>
  • No lockups on funds<\/li>
  • Access other business products<\/li><\/ul><\/td>
$0<\/td>
<\/div>

Float Yield Account<\/p><\/td><\/tr>

\"CIBC\"<\/td>
  • Up to 2.85%<\/li><\/ul><\/td>
  • Grow your money to reach your business goals<\/li>
  • Earn more interest on higher account balances<\/li>
  • Access funds anytime<\/li><\/ul><\/td>
$0<\/td>
<\/div>

CIBC Business Investment Growth Account<\/p><\/td><\/tr>

\"TD<\/td>
  • Up to 3%<\/li><\/ul><\/td>
  • Earn competitive, tiered, daily interest<\/li>
  • Easy record-keeping with a monthly statement<\/li>
  • Pre-authorized transfer service<\/li><\/ul><\/td>
$0<\/td>
<\/div>

TD Business Savings Account<\/p><\/td><\/tr>

\"Tangerine\"<\/td>
  • Up to 2.55%<\/li><\/ul><\/td>
  • Earn 1.95% \u2013 2.55% interest on your savings<\/li>
  • No other banking fees<\/li><\/ul><\/td>
$0<\/td>
<\/div>

Tangerine Business Savings Account<\/p><\/td><\/tr>

\"Meridian<\/td>
  • Up to 2.35%<\/li><\/ul><\/td>
  • Earn up to 2.35% interest on your savings<\/li>
  • No other banking fees<\/li><\/ul><\/td>
$0<\/td>
<\/div>

Tangerine Business Savings Account<\/p><\/td><\/tr><\/tbody><\/table>

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Key takeaways<\/h3>\n <\/div>\n\n