One-stop shop for all your business banking needs.
We've done the hard work on your behalf. With our Small Business Suites, find the most relevant banking products and services for your business all in one place. We have your business banking needs covered, from chequing and cash flow, to wealth management and financial advice.
Step 1: Switch to Coast Capital and get up to $400.1
Start by opening the account that’s right for your business and complete the eligibility requirements to get your cash bonus. Our chequing accounts are designed to make business banking more affordable and convenient. Enjoy access to digital banking, support from our dedicated business advisors and an ATM network across Canada.
The One Small Fee, the Rest is Free Business Account®
Become a business member and get a $400 cash bonus1 .
- Unlimited in-branch deposits, withdrawals, transfers and bill payments
- Unlimited cheque clearing
- Unlimited debit card transactions within Canada
- $38 monthly fee ($456 per year)
The Deposit-for-free Business Account™
Become a business member and get a $200 cash bonus1.
- Unlimited in-branch and ATM deposits
- Unlimited transfers via Coast Online®, Coast Mobile® Banking and Coast-by-Phone®
- $6 monthly fee ($72 per year)
Step 2: Get your first year of chequing account fees waived.
Save $456 on the first year of The One Small Fee, the Rest is Free Business Account fees or save $72 on the first year of The Deposit-for-free Business Account fees, upon approval of the Coast Business Visa Card, or approval and successful funding of a Business Loan, Line of Credit, or Auto and Equipment Financing.2
Line of Credit4
Ideal funding to support emergency needs or revenue-generating activities since you can repeatedly borrow against it and pay it back.
Are you in trades?
Get approved for a line of credit in as little as 30 minutes.
$10,000 - $300,000
Auto & Equipment Financing5
Coast Visa Business Card
$60 annual fee.
We’ve answered your most popular FAQs
Opening a business account online is fast and easy. You can open a Sole Proprietorship, General Partnership, or Corporation account online in as little as 15 minutes, without having to visit a branch.
Not all signers need to be together to start the application – just one Director or partner needs to start the application. Once the application has been reviewed by the Coast Capital Business team, the individual signers will each be sent an email with a link to complete their individual portions.
To ensure you have the right information to open your account quickly, check out our guide here.
If you’re setting up another business type, unable to apply online or have any questions, please reach out to our Business Banking Team.
To receive the cash bonus, follow these steps:
Step 1: Become a business member and open your Deposit-for-free Account or One Small Fee Account from now until July 31, 2022
Step 2: Set up one or more recurring pre-authorized payments of at least $50 each, for bill, loan, mortgage, or credit card payments. Make sure at least two payments are successfully withdrawn, under the pre-authorized payment, in the first 90 days.
Step 3: Start using your account. You qualify for the cash bonus if at least 15 transactions are processed through the account in the first 90 days.
See full terms and conditions for the cash bonus offer.
After your account opening, please call our Business Banking Team at 1.855.350.7775 to apply for a Coast Business Visa Card, Business Loan, Line of Credit, or Auto and Equipment Financing. Our team will discuss your business needs and help you choose the right financing solutions.
When will I receive the cash bonus?
The cash bonus will be deposited into your account by November 30, 2022. See full terms here.
When will I receive my chequing account fee waiver?
Chequing account fee waivers through this offer will be applied within 5 business days after approval and successful funding of a Business Loan, Line of Credit, or Auto and Equipment Financing, or approval of the Coast Business Visa Card. See Footnote 2 for details and full terms.
I have a personal membership at Coast Capital already. Do I qualify for these offers?
If you already have a personal membership with us but without a business membership, you are eligible for this offer. If you are an existing business member who is opening a new chequing account for your existing business, you are not eligible.
I used to have a business account with Coast Capital. Am I eligible?
To be eligible, you must not have had a business account with Coast Capital for the business that either the Deposit-for-free Account or One Small Fee Account will be used for at any time on or after January 1, 2014.
Are account transfers part of the eligibility for the 15 transactions through the chequing account?
No. Account transfers, service fees, interest charges, and incomplete transactions will not qualify. For details and a summary of eligible transactions, see full terms here.
Why is my application to open a new chequing account denied?
8. Short-Term Loans are offered by On Deck Capital Canada, ULC (“OnDeck”) and all loans are subject to OnDeck approval.
Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.