You’ve worked hard to build your earnings—make them earn for you.
For the wise businessperson
A Business Savings Account is for you if you've planned your cash flow wisely and have a little extra cash in your business.
Earn from your earnings
Why not earn some interest on your extra earnings and offset your other bank account fees?
Pay only for use
Enjoy no monthly fees, just pay for the transactions you need.
Key product details
|Interest earned||$0 - $24,999: 0.20%1
$25,000 & over: 0.35%1
|Monthly fee, Statement||$0
|In-branch bill payments, credits & debits||$1.25 each
|Electronic bill payments, credits & debits||$1.00 each
|Additional telephone inquiries & transfers||$0.60 each
|Interac e-Transfer®||Send $1.50 + $1.25 debit fee
Free to receive
Frequently Asked Questions
If you have less than $100,000 in savings, the Business Savings Account has better optimized rates to fit your needs.
If you have more than $100,000 in savings and appreciate the liquidity of a savings account, the T-Bill Savings Account provides better earned interest rates.
If you're okay with not having access to your funds for 6 months or more, you may want to consider investing some of your savings into a GIC. We can help with that, too.
The interest rate applied varies for each tier of the daily or monthly, as applicable, closing balance of the account --one tier being the portion of the balance below $25,000, and the other tier being the portion of the balance $25,000 and above. For example, a balance of $30,000 in a Business Savings Account would receive an interest rate of 0.20% on the first $24,999.99 and an interest rate of 0.35% on the remaining $5,000.01.
Rates are indicative, subject to change without notice and should be confirmed with your ATB expert.
Interac e-Transfer is a registered trademark of Interac Inc. Used under license.
Additional fees may apply for other in-branch or cheque-based transactions. Check current fees.
This product is for Business & Agriculture clients only.
The first $20,000 in cash and $2,000 in coin deposited or purchased each month will be included with Business & Agriculture Canadian currency chequing and savings accounts. Otherwise the following fees apply:
- $2.00 per $1,000 for cash deposited
- $2.00 per $100 for coin deposited
- $1.50 per $1,000 for cash purchased
- $1.50 per $100 for coin purchased
Community Spirit accounts are excluded from cash and coin fees. US chequing and US savings account charges will be in USD.