CWB Canadian Western Bank

Business Savings Account

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

BSA rate one point six percent
  • Keep flexible access to funds you don’t immediately need for operations, while earning a premium interest rate.
  • Earn interest on every dollar, without locking your funds into a term.
  • This account is the perfect complement to a CWB Cash Management Account, or other business account, saving you transaction fees​1 with unlimited transfers in and 4 free transfers out per month to a CWB business account.
  • Receive monthly interest, without paying a monthly account fee
  • Earn competitive, tiered interest with no minimum balance required
  • Get unlimited free transfers in and 4 free transfers out per month to a CWB business account*
  • Receive free monthly electronic statements
  • View and manage your commercial banking online 24/7 with CWBdirect®  or 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 1.300%
$250,000.01 - $15,000,000 1.600%
$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: 13-May-19
Posted rates available at branches only. All rates are per annum and are subject to change without notice.

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

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​1See the complete listing of related service charges including payment and other sundry services.
Restrictions may apply, see branch for details.
CDIC bilingual