Coast Capital®
Small Business Suites

OFFER ENDS DECEMBER 30
Get up to $500* cash when you join and open a business account, plus up to $450* in waived account fees. *Conditions apply.

One-stop shop for all your business banking needs.

We've done the hard work on your behalf. With our Small Business Suites, find the most relevant banking products and services for your business all in one place. We have your business banking needs covered, from chequing and cash flow, to wealth management and financial advice.

For a limited time, join and open a business account to get up to $500 cash1, plus up to $450 in waived account fees2 to support your business.

Become a business member.

When you join Coast Capital, you open an account and purchase $5 in membership equity shares. You can choose to 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 waivers below.

Step 1: Switch to Coast Capital and get up to $5001.

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 up to $500 cash bonus1.


  • Unlimited in-branch deposits, transfers between Coast Capital accounts, withdrawals and bill payments
  • Unlimited cheque clearing
  • Unlimited debit card transactions within Canada
  • $38 monthly fee ($456 per year)
  • Click here for more details

The Deposit-for-free Business Account


CASH BONUS

Become a business member and get up to $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)
  • Click here for more details

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 Make sure at least two payments are successfully withdrawn, under the pre-authorized payment, in the first 90 days.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 of the Coast Business Visa Card, or approval and successful funding of a Mortgage, Line of Credit, Business Loan, or Auto and Equipment Financing.2

Mortgage3

We offer competitive mortgage rates and flexible terms to help you finance your new or existing business premise:

  • Ideal for purchasing or expanding office, retail and industrial properties, residential subdivision multi-residential properties, and strata units
  • Variable and fixed interest rates available
To apply for a mortgage:

Call our Business Banking Team at 1.888.517.7000 to apply for a mortgage within 45 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.

Are you in trades?
Get approved for a line of credit in as little as 30 minutes.

To apply for a line of credit:

Call our Business Banking Team at 1.888.517.7000 to apply for a line of credit within 45 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 apply for a business loan:

Call our Business Banking Team at 1.888.517.7000 to apply for a loan within 45 days of account opening.

Auto & Equipment Financing4


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 apply for financing:

Call our Business Banking Team at 1.888.517.7000 or book an appointment online within 45 days of account opening to apply for financing.

Coast Visa Business Card

$60 annual fee per card for the first four cards and $40 annual fee per card for additional cards.

Enjoy one of the lowest interest rates in Canada, 1% cashback credit5 and free access to experienced lawyers with corporate legal assistance services.

To get started:

Call our Business Banking Team at 1.888.517.7000 to apply for a card within 45 days of account opening.

We’ve answered your most popular 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 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 December 30, 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, Mortgage, Line of Credit, or Auto and Equipment Financing. Our team will discuss 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 April 30, 2023. 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 Mortgage, 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 no 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.

 

Holistic investment strategies for you and your business.6

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.6

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. 


Get fast financing when you need it.

At Coast Capital, we work hard to identify and provide you with the best financing solutions to serve your needs. That’s why we’ve partnered with OnDeck — a leading small business lender to provide you term loans from $10,000 to $300,000 in as short as 1 business day.7 Apply online in minutes. 


Get fast financing when you need it.

At Coast Capital, we work hard to identify and provide you with the best financing solutions to serve your needs. That’s why we’ve partnered with OnDeck — a leading small business lender to provide you term loans from $10,000 to $300,000 in as short as 1 business day.7 Apply online in minutes. 


Award-winning digital banking.

We know that as a business owner, you’re busy getting the job done. That’s why we offer our business members digital banking with convenient features customized specifically for them. So instead of waiting in line-ups, you’ll save time for the more important stuff.


Award-winning digital banking.

We know that as a business owner, you’re busy getting the job done. That’s why we offer our business members digital banking with convenient features customized specifically for them. So instead of waiting in line-ups, you’ll save time for the more important stuff.


Get all your business banking needs in one place.

Start by opening your business account online, over the phone or in person.

  1. Click here to read the full terms & conditions for the $500 cash bonus offer.
  2. To qualify for the annual chequing account fee waiver (save $456 on the first year fees for the One Small Fee. the Rest is Free Business Account or save $72 on the first year fees for The Deposit-for-free-Business Account), members must (i) sign up for an account from now until December 30, 2022 and (ii) sign up and be approved for any Coast Capital Business Loans, Mortgages, Line of Credit, Coast Capital Visa Business Card, or auto or equipment financing (excluding the Coast Capital Business Line of Credit, 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.
  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. Coast Capital Savings Federal Credit Union automotive and equipment financing products are subject to standard lending criteria and are offered by Coast Capital Auto & Equipment Finance Ltd. and Coast Capital Equipment Leasing Ltd. under the name Coast Capital Auto & Equipment. Coast Capital Savings Federal Credit Union automotive financing products are available in Ontario, Nova Scotia, New Brunswick, Manitoba, British Columbia, Prince Edward Island, Alberta, Newfoundland and Labrador.
  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.
  6. 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.
  7. Short-Term Loans are offered by On Deck Capital Canada, ULC (“OnDeck”) and all loans are subject to OnDeck approval.


CDIC Deposit ProtectionCDIC Deposit Protection

Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information


Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.