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

LIMITED TIME

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

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)

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 Make sure at least two payments are successfully withdrawn, under the pre-authorized payment, in the first 90 days.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.



Looking to become a personal banking member?

For a limited time, get up to $350* when you join. *Conditions apply. Learn more.


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.

Business Loan3

$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 30 days of account opening.

Line of Credit3


Ideal funding to support emergency needs or revenue-generating activities since you can repeatedly borrow against it and pay it back.

To get started:

Call our Business Banking Team at 1.855.350.7775 to apply for a line of credit within 30 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 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.

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 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?

The cash bonus will be deposited into your account by January 15, 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 at 1.855.350.7775.

 

Take advantage of this limited-time offer.

Get started 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 October 31, 2021. 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 30 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. Subject to Coast Capital Savings lending policies and criteria. Personal guarantee(s), security and additional documentation may be required. Fees may apply. Other conditions may apply.
4. 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.
5. Coast Capital Savings Federal Credit Union automotive financing products are subject to standard lending criteria and are offered by Travelers Finance Ltd. and Travelers Leasing Ltd. under the name Coast Capital Auto & Equipment Finance. Coast Capital Savings Federal Credit Union automotive financing products are available in Ontario, Nova Scotia, New Brunswick, Manitoba, British Columbia, Prince Edward Island, Alberta, and Newfoundland and Labrador. Fees may apply.