CWB Canadian Western Bank

Business Savings Account

Earn more on your deposits while having easy access to your money.

This savings account is the perfect complement to your CWB business operating account. Our Business Savings Account offers:

  • The liquidity of a chequing account with the interest rate of a GIC.
  • Unlimited transfers into your Business Savings Account, reducing your transaction fees*.

You can also earn a competitive interest rate and easily access your surplus US funds with our US Dollar Business Savings Account.

  • Competitve tiered interest rates with no minimum balance required
  • Earn monthly interest on every dollar
  • Monthly online statements with cheque images
  • Online access to your accounts 24/7 with CWBdirect® Business Online Banking
Monthly fee $0.00
Transactions included 4 free transfers out per month to a CWB business operating account
Credit fee $1.00
Debit fee $5.00
$0 - $250,000 1.100%
$250,000.01 - $15,000,000 1.150%
$15,000,000.01 & Over 0.250%
Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. Interest and rate tiers are subject to change without notice. Interest is paid in the currency of the account.

Effective date: 20-March-17
Posted rates available at branches only. All rates are per annum and are subject to change without notice.

Get started now

Stop by your local branch or call today to get started. One of our business banking specialists will be pleased to help you.

Find a branch near you
*See the complete listing of related service charges including payment and other sundry services.
Restrictions may apply, see branch for details.