Get up to $400* when you become a business member.

LIMITED TIME*Conditions apply.

Plus up to $450* in waived fees to support your business.

We're with your business every step of the way.

At Coast Capital we’re member owned, which means you’re not just our customer, we’re your partner. Our dedicated business advisors take the time to learn what really matters to you so that we can help you get there.

For a limited time, open a business account and we’ll support you with up to $400 in cash1, plus your first year of chequing account fees waived up to $4562.

Become a business member in as little as 15 minutes.3

Open a business account online, by booking an appointment or calling our Business Banking team at 1.855.350.7775 to take advantage of this limited time offer.

Learn how to claim your fee waivers below.

Step 1: Switch to Coast Capital and get up to $4001.

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®


CASH BONUS

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


CASH BONUS

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)

How to redeem:

1. Become a business member and open your Deposit-for-free Account or One Small Fee Account.

2. Set up one or more recurring pre-authorized payments of at least $50 each. Make sure at least two payments are successfully withdrawn, under the pre-authorized payment, in the first 90 days.

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.



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 and successful funding of a Line of Credit, Business Loan, or Auto and Equipment Financing2 or approval of the Coast Visa Business Card.


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.

To get started:

Call our Business Banking Team at 1.855.350.7775 to apply for a line of credit within 45 days of account opening.

Business Loan4

$10,000 - $300,000

Funding to support expansion or operational updates at an affordable rate and with flexible payment terms.

To get started:

Call our Business Banking Team at 1.855.350.7775 to apply for a loan within 45 days of account opening.

Auto & Equipment Financing5

Enjoy low rates and a quick application process for business vehicle and equipment financing. We finance a wide range of business vehicles and equipment like cargo vans, passenger vehicles, trucks and construction equipment.

To get started:

Call our Business Banking Team at 1.855.350.7775 to apply for financing within 45 days of account opening.

Coast Visa Business Card

$60 annual fee.

Enjoy one of the lowest interest rates in Canada, 1% cashback credit6 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 45 days of account opening.

Holistic investment strategies for you and your business.7

Our Wealth Team is here to create tailored strategies to help you reach your goals--both business and personal. We cover investments, solutions to protect what matters to you and estate planning to create one comprehensive plan for you and your business.

Set up a complimentary consultation today.

Holistic investment strategies for you and your business.7

Our Wealth Team is here to create tailored strategies to help you reach your goals--both business and personal. We cover investments, solutions to protect what matters to you and estate planning to create one comprehensive plan for you and your business.

Set up a complimentary consultation today.

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.

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.

After your account opening, please call our Business Banking Team at 1.855.350.7775 within 45 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?

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?

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.

 

Get all your business banking needs in one place.

Start by opening your account in as little as 15 minutes online.

1. Click here to read the full terms & conditions for the cash bonus offer
2. Annual chequing account fee waived for the first year if you sign up from now until July 31, 2022. Member must (i) sign up for an account, and (ii) sign up for any Coast Capital Business Loans, Line of Credit, Coast Visa Business Card, or auto or equipment financing (excluding the Coast Capital Business Line of Credit product, any OnDeck or FundThrough product, and the Canada Small Business Financing Program) within 45 days of signing up for an account. Small Business lending products are subject to Coast Capital’s lending policies, criteria, and standard lending fees. Personal guarantee(s), security, and additional documentation may be required. Other fees will apply. For a complete list of fees please review our Service Fees page.
3. Pending approval of your online application.
4. Small Business lending products are subject to Coast Capital’s lending policies, criteria, and standard lending fees. Personal guarantee(s), security, and additional documentation may be required. Other fees will apply. For a complete list of fees please review our Service Fees page.
5. Rates and terms are subject to standard lending criteria. Auto refinancing does not apply to existing Coast Capital auto loans or lease. Refinancing may result in a lower monthly payments but may not be the case in every circumstance. Auto refinancing is offered by Coast Capital Auto & Equipment Finance Ltd. under the name Coast Capital Auto Finance.
6. 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.
7. Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual funds are not guaranteed or insured by any financial institution, government or other deposit insurer. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing.