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How to get $400 plus no annual credit card fee1,2

Become a new business member and get our best value with the Essential Business Chequing Account and a Low Rate Business Mastecard®, issued by Collabria®. 

$300 cash1

When you open and use a new eligible Business Essential Chequing Account.

$100 statement credit1

When you open and spend on a new Coast Capital Low Rate Business Mastercard®.

Plus, a rebate on your first annual credit card fee2 

When you open both of the featured banking products get a one-time rebate up to $25.

Offer details

Complete the offer criteria for one or more of the below offers to get the corresponding bonus value paid into your new account:

Get $300 bonus with a new Business Essential Chequing Account1

To qualify for this offer:

  1. Become a new business member and open a Business Essential Chequing Account
  2. Within the first 90 days after your account opens:
    • Set up one or more recurring preauthorized payments of at least $50 each. At least two payments need to be successfully withdrawn in the first 90 days.
    • Start using your account by completing 15 transactions through the account.
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Get $100 statement credit on an approved Low Rate Business Mastercard®, issued by Collabria1

To qualify for this offer:

  1. Become a new business member online or book an appointment

  2. Then apply for a Low Rate Business Mastercard® (annual fee $25) to get a $100 statement credit.
  3. Once approved, activate your new Coast Capital Credit Card and spend at least $1,000 in the first 90 days.3
  4. If you have also opened a Essential Business Chequing Account, you will receive your $25 rebate to cover your first annual credit card fee.2

We’ve answered your FAQs

Opening a business account online is fast and easy. You can open most corporation accounts online, 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.

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 a Business Essential Chequing Account by November 30, 2026.

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.

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.

When will I receive the cash bonus?

The cash bonus will be deposited into your account by April 30, 2027. See full terms here.

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 no business membership, you are eligible for this offer. 

I used to have a business account with Coast Capital. Am I eligible?

To be eligible, you must not have or have had a business membership or account with Coast Capital within the last 5 years (since August 17, 2021) for the business that will open and use the new eligible business chequing account.

If you have a Coast Capital business membership but want to open a new membership for a different business (legal entity) you may be eligible. Sole prop businesses looking to open a second business membership are not eligible.

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.

Why was 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 or call us at 1.855.350.7775.

 

Take advantage of this limited-time offer

Apply online in as little as 5 minutes. 

1. Offer is subject to change. Read New Business Member cash offer terms and conditions.

2. Subject to approval of a Coast Capital Business Credit Card by Coast Capital’s credit card provider Collabria Financial Services inc., at its sole discretion. Up to $25 one-time rebate on the first year annual fee for eligible Coast Capital Business Credit Cards. Eligible Credit cards include the Low Rate Business Mastercard® and World Elite® Business Mastercard .The fee rebate shall be applied directly to eligible Coast Capital Business Essential Chequing Account in the year the eligible Coast Capital Business credit card account, or Coast Capital Business Essential Chequing Account, or both are opened. Limit of one fee rebate per Coast Capital Business Essential Chequing Account. The eligible credit card account and Business Essential Chequing Account must be in good standing at the time the fee rebate is applied. Coast Capital may change, revoke, or end this offer at any time in its sole discretion and without further notice.

3. Credit Card fees, returns, Cash Advances and interest charges will not count towards the purchase total.

4. Interest rate not applicable to Prospera and Sunshine Coast Financial savings accounts. Based on regular posted interest rate effective as of April 21, 2026.

®The Collabria Mastercard is issued by Collabria Financial Services Inc. pursuant to a license from Mastercard International Incorporated.