This is the referral
where everyone wins.
where everyone wins.
Get up to $400 when you become a new business member and use your chequing account.1 Plus, your friend will receive their referral bonus too.
Offer details
For a limited time, use your friend’s referral promo code to become a new business member and open a business chequing account before June 30, 2025. When you complete the offer criteria listed below, you’ll get paid and your friend will too.
To qualify for this offer:
- Become a new business member and open the business chequing account that's right for you:
- $400 cash: One Small Fee Business Account
- $200 cash: Deposit for Free Business Account
- 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 At least two payments need to be successfully withdrawn in the first 90 days.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.
- $38 monthly fee
- Unlimited in-branch deposits‡, withdrawals1, transfers and bill payments
- Unlimited Coast Capital Savings EXCHANGE® Network ATM deposits and withdrawals†
- Unlimited cheque clearing
- Unlimited debit card transactions within Canada
- Free eStatements and paper statements
- Sending an e-Transfer $1.50 each; receiving e-Transfer is free
- Click here for service fees
- Download our Business Banking Guide
Terms and Conditions.
† Withdrawals include cheques, Coast Capital Savings® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, preauthorized payments, online, mobile, telephone banking and in-branch bill payments, in-branch transfers between Coast Capital Savings accounts, and in-branch withdrawals.
‡ Deposits include in-branch deposits, preauthorized credits, Coast Capital Savings® business depository ATM deposits, regular ATM deposits and electronic deposits.
For more information, see our full list of service fees.
- $6 monthly fee
- Unlimited in-branch and ATM deposits†
- $1.25 per withdrawal‡
- Unlimited transfers via Coast Online®, Coast Mobile® Banking and Coast-by-Phone®
- Free eStatements
- Sending an e-Transfer $1.50 each; receiving e-Transfers is free
- Click here for service fees
- Download our Business Banking Guide
Terms and Conditions.
† Deposits include in-branch deposits, pre-authorized credits, Coast Capital Savings® business depository ATM deposits, regular ATM deposits and electronic deposits.
‡ Withdrawals include cheques, Coast Capital Savings® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, pre-authorized payments, online, mobile, telephone banking and in-branch bill payments, in-branch transfers between Coast Capital Savings accounts, and in-branch withdrawals. Non-EXCHANGE® ATM fee: $2.50 each; additional fees may be charged by third parties as part of the transaction amount. International ATM Fee: $5.00 each plus 2% administration fee on transaction amount. International POS fee: $2.15 each plus 2% administration fee on transaction amount. The ‘transaction amount’ is the international ATM or POS payment instruction that we receive in Canadian Dollars and pay from your account to settle the transaction. The ‘transaction amount’ is converted to Canadian Dollars by third party participants in the electronic network used to process the transaction at rates that are not set by us. Third party fees or commissions may also be included in the transaction amount.
For more information, see our full list of service fees.
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 June 30, 2025.
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.
Read full terms and conditions (Refer to the Business Membership Referee Qualifying Criteria).
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 October 31, 2025. Read full terms and conditions (Refer to the Business Membership Referee Qualifying Criteria).
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 or have had a business membership or account with Coast Capital within the last 5 years, for the business that either the Deposit-for-free Account or One Small Fee Account will be used for.
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, read full terms and conditions (Refer to the Business Membership Referee Qualifying Criteria).
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.
Start by opening your business account online, in person or calling us at 1.855.350.7775.
Read full referral offer terms and conditions. Refer to the Business Membership Referee Qualifying Criteria.