LIMITED TIME

Get up to $300* when you become a business member

Plus up to $500* in waived fees to support your small business.

It pays to become a business member

Take advantage of our limited-time $300 cash bonus offer1 plus a year of up to $500 in waived fees2. And it doesn’t stop there, because when you become a Coast Capital business member you’ll have access to a dedicated advisor who will help your business thrive every step of the way. Just some of the many ways we put our members first.

Switch to Coast Capital today 

Open a business account online and then call our Business Banking Team at 1.855.350.7775 to take advantage of your waived fees.

Which offer is right for your business?

$300 cash bonus & up to $500 in waived fees

=$800 back in your business


$100 cash bonus & up to $130 in waived fees

=$230 back in your business




Looking to become a personal banking member?
For a limited time, earn up to $350 when you join. Click here to learn more.

We’ve answered your most popular FAQs

To receive the cash bonus, you must complete the following five steps and meet all of the eligibility requirements set out in the terms here.

Step 1: You must become a new business member and open your Deposit-for-free Account or One Small Fee Account with Coast Capital during the Promotion Period.

Step 2: You must set up at least one recurring of $50 or more, pre-authorized payment with a single vendor, where the amount of each recurring payment. The Pre-Authorized Payment must be for a bill, loan, mortgage, or credit card payments. Transfers of funds into other accounts, or into accounts with other financial institutions, are not eligible. 

Step 3: Within 90 days of membership creation, you must have two successful withdrawals of payments under the Pre-Authorized Payment clear your account.

Step 4: Within 90 days of membership creation, you must have processed not less than 15 transactions through the Deposit-for-free Account or One Small Fee Account.

Step 5: You must remain a business member in good standing for not less than six (6) months after the end of the month during which you receive your Deposit-for-free Offer or One Small Fee Offer.

If you have questions or need help picking the right solutions for your business, connect with our Business Banking Team at 1.855.350.7775 or book an appointment online.
You can open a Sole Proprietorship, General Partnership, or Corporation account online using a computer, tablet, or mobile phone. If you need assistance on other account types or have any questions, you can call our Business Banking Team at 1.855.350.7775. You can also open your account in person at one of our branches.

After your account opening, please call our Business Banking Team at 1.855.350.7775 within 30 days to apply for a Business Loan or Operating Line of Credit and/or sign up for other products in the Small Business Suite. Our team will discuss your business needs and help you choose the right financing solutions.


When will I receive the welcome bonus?

The cash bonus will be deposited to your Deposit-for-free Account or One Small Fee Account, as applicable, via electronic funds transfer by October 31,2021. See full terms here

When will the fee waivers for eligible members be applied?

Chequing account fee waivers through this offer are available to any new members having been approved and funded a Business Loan or Operating Line of Credit of $10,000 or more. The 12-months service account fee waiver will be applied after you are funded with a Business Loan or Operating Line of Credit $10,000 or above. For details, see full terms here. The 12-months Visa fee reimbursement will typically be deposited to your Coast Capital business chequing account via electronic funds transfer within 30 days after you are approved for a Coast Business Visa Card. 

I have a personal membership at Coast Capital already, do I qualify for this offer?

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 but not anymore, 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?

There are a number of reasons an application may be declined. If your online application for a new chequing account was declined, please contact us at 1.855.350.7775.

Switch to Coast Capital today

Open your new account online then make sure to call our Business Banking Team at 1.855.350.7775 to take advantage of your waived fees.

Terms and conditions
By participating in the 2021 New Business Member Promotion (the “New Business Member Promotion”), you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. 

New Business Member Promotion: The New Business Member Promotion consists of two offers available when you open a new business membership with Coast Capital Savings Federal Credit Union (“Coast Capital”), open either a new Deposit-for-free Business Account™ (“Deposit-for-free Account”) or a new One Small Fee, the Rest is Free Business Account® (“One Small Fee Account ”), and meet the eligibility requirements and qualifying criteria set out here: (i) a one-time $100 credit for opening both a new business membership and a new Deposit-for-free Account (the “Deposit-for-free Offer”); or (ii) a one-time $300 credit for opening both a new business membership and a new One Small Fee Account (the “One Small Fee Offer”) (collectively, the “Offers”). The Deposit-for-free Offer and One Small Fee Offer cannot be combined.

The New Business Member Promotion runs from May 17, 2021 at 12:01 AM PST to June 28, 2021 at 11:59 PM PST, unless terminated at an earlier date by Coast Capital (the “Promotion Period”). 

The Offers: To receive either the Deposit-for-free Offer or the One Small Fee Offer, you must meet all of the eligibility requirements, and complete all of the qualifying criteria, set out below.

Offer Eligibility Requirements: To be eligible for either the Deposit-for-free Offer or the One Small Fee Offer, you must satisfy the following criteria: (i) if you are an individual, you must be of the age of majority, and you must be a resident of British Columbia; (ii) if you are a corporation, partnership, limited partnership, or limited liability partnership, you must be carrying on business in British Columbia, and all individuals who are partners must be of the age of majority; (iii) you must not currently have or have had a business membership or 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; (iv) you must not previously have received any account opening promotion fee or benefit from us; and (v) you must qualify to open a business membership and either a Deposit-for-free Account or One Small Fee Account, and you must be approved by Coast Capital to open a business membership and either a Deposit-for-free Account or a One Small Fee Account.

Coast Capital is not obligated to open a Deposit-for-free Account or One Small Fee Account. If, in its discretion, Coast Capital does not open a Deposit-for-free Account or One Small Fee Account, you will not be eligible for the corresponding Deposit-for-free Offer or the One Small Fee Offer. 

Offer Qualifying Criteria: To earn either the Deposit-for-free Offer or the One Small Fee Offer, you must complete all of the following steps: Step 1 - You must open a new business membership and open a Deposit-for-free Account or One Small Fee Account with Coast Capital during the Promotion Period. You may do so at one of our branches or online account opening services. No minimum balance is required. Step 2 -You must set-up at least one recurring, pre-authorized payment, from the Deposit-for-free Account or One Small Fee Account, with a single vendor, where the amount of each recurring payment is $50 or more (the “Pre-authorized Payment ”). For greater certainty, the Pre-Authorized Payment must be for bill, loan, mortgage, or credit card payments. Transfers of funds into other accounts, or into accounts with other financial institutions, are not eligible. Step 3 - Within 90 days of membership creation, you must have two successful withdrawals of payments under the Pre-Authorized Payment clear your account. For greater certainty, a pre-authorized payment does not count for this purpose if it is returned as NSF (not sufficient funds), or if it is a credit for the same amount and with the same vendor as the other pre-authorized payment. Step 4 - Within 90 days of membership creation, you must have processed not less than 15 transactions through the Deposit-for-free Account or One Small Fee Account. Account transfers, service fees, interest charges, and incomplete transactions will not qualify. Step 5 - You must remain a business member in good standing for not less than six (6) months after the end of the month during which you receive your Deposit-for-free Offer or One Small Fee Offer.

Offer Fulfillment: Subject to Coast Capital confirming that you have fulfilled the qualifying criteria listed by October 31,2021 in Steps 1 to 4 above, the Deposit-for-free Offer or One Small Fee Offer will typically be deposited to your Deposit-for-free Account or One Small Fee Account, as applicable, via electronic funds transfer by October 31, 2021. If you do not remain a business member in good standing for a minimum of six (6) months, after the end of the month during which you receive your Deposit-for-free Offer or One Small Fee Offer, as described in Step 5, then you must repay the full amount of the Deposit-for-free Offer or One Small Fee Offer on demand by Coast Capital. Without limiting your obligation to repay that amount, you hereby authorize Coast Capital to deduct all or any part of that amount from your Deposit-for-free Account or One Small Fee Account or any other account you maintain with Coast Capital.

Offer Limits: Each individual or business is limited to one Deposit-for-free Offer or One Small Fee Offer. Persons opening an election account, to be used for a political candidate's election campaign, are not eligible. Persons other than individuals, corporations, partnerships, limited partnerships, or limited liability partnerships are not eligible. Joint Accounts and Joint Memberships are only eligible for a single Deposit-for-free Offer or One Small Fee Offer. The Deposit-for-free Offer or One Small Fee Offer are not transferrable or assignable. No substitutions will be permitted.

Privacy Notice: Coast Capital will collect personal information from you to administer the New Business Member Promotion and to determine your eligibility to receive the Offers. This may include the information you submit as part of the New Business Member Promotion, information required to open your Deposit-for-free Account or One Small Fee Account, and information about your Deposit-for-free Account or One Small Fee Account. By participating in the New Business Member Promotion, you consent to Coast Capital’s collection, use and disclosure of your personal information for the administration of the New Business Member Promotion, and otherwise in accordance with Coast Capital’s Privacy Policy. You also consent to Coast Capital using aggregated and anonymized information from your personal information to generate reports regarding the New Business Member Promotion and entrant demographics, which reports Coast Capital may disclose to other persons provided that no identifying information is included in such reports.

General Terms and Conditions: Coast Capital will not be liable to any person for any damage or loss arising from, connected with, or relating to the New Business Member Promotion, regardless of the cause or any fault by Coast Capital or any person for whom Coast Capital is responsible, and notwithstanding that any of those persons may have been advised of the possibility of the loss or damage being incurred. To the fullest extent permissible by applicable law, by participating in the New Business Member Promotion, you agree to indemnify and hold Coast Capital harmless against any and all third party claims arising out of or in connection with any breach by you of these Terms and Conditions or your participation in the New Business Member Promotion. Coast Capital is not obligated to pay any amount in respect of the New Business Member Promotion to any person, if Coast Capital is of the opinion, in its sole discretion, that such person, or any other person or group of persons connected directly or indirectly in any way with such person, is abusing or attempting to abuse the New Business Member Promotion or is otherwise not acting in good faith in its dealings with Coast Capital. Coast Capital may, in its discretion, withdraw, cancel, terminate, modify, or suspend all or any part of the New Business Member Promotion from time to time. Any such withdrawal, cancelation, termination, modification, or suspension will not affect you if you have become a new business member and opened your Deposit-for-free Account or One Small Fee Account prior to such withdrawal, cancelation, termination, modification, or suspension. Coast Capital may, in its discretion, change, supplement, or amend these Terms and Conditions from time to time by posting amended Terms and Conditions. Any such change, supplementation, or amendment will not affect you if you have become a new business member and opened your Deposit-for-free Account or One Small Fee Account prior to such change, supplementation or amendment. Coast Capital may, in its discretion, at any time limit the number of Offers available. Decisions of Coast Capital regarding any and all aspects of the New Business Member Promotion are final and binding on all participants.

2. Terms and conditions apply. Subject to approval at Coast Capital Savings Federal Credit Union’s (Coast Capital) sole discretion. Coast Capital reserve the right to alter or terminate its Offers at any time. These Offers are limited to one per business membership and are not transferable, substitutable, or duplicable. Offers may be combined with other Coast Capital offers, subject to approval by Coast Capital. All products and service associated with an Offer must remain in good standing. Coast Capital reserves the right to charge any waived fees in the event any applicable product or service is not kept in good standing. Saving value based on the estimate value of the additional services, if purchased separately from the bundle. See full Small Business Suite terms and conditions online.

3. Annual fee waived for the first year if you sign up from now until June 28, 2021. Member must (i) sign up for an account, and (ii) sign up for a Coast Capital Savings Federal Credit Union business loan or line of credit within 30 days of signing up for an account. Business loans and lines of credit are subject to Coast Capital’s lending policies, criteria, and standard lending fees. Personal guarantee(s), security, and additional documentation may be required. Credit cards and mortgage loans do not qualify. Other fees will apply. For a complete list of fees please review our Service Fees page.

4. Offer available from May 1 to June 30, 2021. Eligible member will receive a $60 reimbursement, from Coast Capital, of the member’s first year annual fee on the member’s first card (the “Refund Bonus”). Please see full terms & conditions.

5. Business purchases charged to one or more Coast Visa Business cards that total between $12,000 and $500,000 in one year will be eligible for a 1% cashback credited to the Business cardholders account on the anniversary date of the account opening. Visa cheques, cash advances, interest charges, returned goods, administration fees and other fees related to purchases are excluded.