Business Savings Account

There when you need it, growing when you don't.

Canadian and US Dollar options available.
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No monthly fee. No minimum balance.

  • Receive monthly interest, without paying a monthly account fee
  • Earn competitive interest with no minimum balance required
  • Manage your business’ cash flow with unlimited free transfers in and 4 free transfers out per month to a CWB business account
Find a Branch

Canadian Dollar Business Savings Account

Earn 1.600%

$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.

 

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US Dollar Business Savings Account

Earn 1.000%**

**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.

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Find a branch

If you need more information you can contact your local branch.

Corporate Office
3000-10303 Jasper Avenue
Edmonton AB T5J 3X6
Mon - Fri: 8:00am - 5:00pm
Edmonton 103rd Street
Main Floor, 10303 Jasper Avenue NW
Edmonton AB T5J 3N6
Mon - Wed: 9:30am - 4:30pm
Thursday: 9:30am - 5:00pm
Friday: 9:30am - 4:30pm
Edmonton Main
100-12230 Jasper Avenue
Edmonton AB T5N 3K3
Mon - Wed: 9:00am - 4:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 4:00pm
Saturday: 10:00am - 3:00pm
Old Strathcona
7933-104 Street
Edmonton AB T6E 4C9
Mon - Wed: 9:00am - 4:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 4:00pm
South Common
2142-99 Street
Edmonton AB T6N 1L2
Mon - Wed: 9:00am - 4:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 4:00pm
West Point
17603-100 Avenue
Edmonton AB T5S 2M1
Mon - Wed: 9:00am - 4:00pm
Thursday: 9:00am - 5:00pm
Friday: 9:00am - 4:00pm

About Canadian Western Bank

We’re a bank that works hard for our clients. That means responding to your needs faster and ensuring our products are perfectly suited to you. We believe a banking relationship means talking to people, not machines — we know you have better things to do than sit on hold.

Canadian Western Bank is part of CWB Financial Group, a diversified financial services group providing specialized services in business and personal banking, trust and wealth management across Canada. Through our network of branches, business offices and our mobile relationship teams, we’re helping clients manage their money, grow their businesses and realize their financial potential.