It pays to become a business member.
Take advantage of our limited-time $300 cash bonus offer1 plus a year of up to $450 in waived fees2 . And it doesn’t stop there, because when you become a Coast Capital business member you’ll have access to our dedicated team of advisors who actually care how things turn out for your business. We’re member owned and that means what matters to you, matters to us.
Become a business member today.
Take advantage of this limited-time offer now by following the steps on the page below. Know the steps below already? Get started online in as little as 15 minutes or call us.
If you have any questions, check out our FAQs below or get in touch with our Business Banking Team.
Step 1: Switch to Coast Capital and get up to $300.
Start by opening the chequing account that’s right for your business’s needs and then fulfill the eligibility criteria to get your cash bonus.
The One Small Fee, the Rest is Free Business Account®
$$ CASH BONUS $$
Become a business member and get a $300 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™
$$ CASH BONUS $$
Become a business member and get a $100 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
Coast Visa Business Card
$60 annual fee.
Enjoy one of the lowest interest rates in Canada, 1% cashback credit4 and free access to experienced lawyers with corporate legal assistance services.
To get started:
Call our Business Banking Team at 1.855.350.7775 to apply for a card within 30 days of account opening.
Auto & Equipment Financing5
To get started:Call our Business Banking Team at 1.855.350.7775 to apply for financing within 30 days of account opening.
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 September 30, 2021
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 Small Business Team at 1.855.350.7775 within 30 days to apply for a Coast Business Visa Card, Business Loan, Line of Credit, or Auto and Equipment Financing. Our team will discuss with you about your business needs and help you choose the right financing solutions.
When will I receive the cash bonus?
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?
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.