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Switch your business banking to us and get up to $400 cash1.

It’s easy. Choose the chequing account that’s best for your business and complete the offer criteria below to get your cash bonus. Here’s a helpful guide on what you need to open a business account online, in branch or over the phone.

The One Small Fee, the Rest is Free Business Account®

Get $400 cash1 when you join and open this account.

  • Unlimited in-branch deposits, transfers between Coast Capital accounts, withdrawals and bill payments
  • Unlimited cheque clearing
  • Unlimited debit card transactions within Canada
  • $38 monthly fee ($456 per year)
  • Click here for more details
Open account

The Deposit-for-Free Business Account™

Get $2001 when you join and open this account.

  • Unlimited in-branch and ATM deposits
  • Unlimited transfers via Coast Online®, Coast Mobile® Banking and Coast-by-Phone® 
  • $6 monthly fee ($72 per year)
  • Click here for more details
Open account

How to get your cash bonus:

  1. Become a business member and open your Deposit-for-Free Account or One Small Fee Account.
  2. Set up one or more recurring pre-authorized payments of at least $50 each. Make sure at least two payments are successfully withdrawn, under the pre-authorized payment, in the first 90 days.
  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.
Open account

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.

OPEN ACCOUNT

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 November 28, 2024

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.

See full terms and conditions for the cash bonus offer.

OPEN ACCOUNT

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.

OPEN ACCOUNT

When will I receive the cash bonus?

The cash bonus will be deposited into your account by April 30, 2025. See full terms here.

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, see full terms here.

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.

 

Looking for merchant payment solutions?

For a limited time, business members save when they switch to Global Payments2.

  • $200 off the purchase of a terminal
  • $0 set-up fees
  • 2.5% transaction rate for credit card transactions
    AND
  • Free access to Merchant Portal

Meet with our Business Team today.

Book appointment

Looking for merchant payment solutions?

For a limited time, business members save when they switch to Global Payments2.

  • $200 off the purchase of a terminal
  • $0 set-up fees
  • 2.5% transaction rate for credit card transactions
    AND
  • Free access to Merchant Portal

Meet with our Business Team today.

Book appointment

Holistic investment strategies for you and your business.3

Our Wealth Team is here to create tailored strategies to help you reach your goals--both business and personal. We cover investments, solutions to protect what matters to you and estate planning to create one comprehensive plan for you and your business.

Set up a complimentary consultation today. 

Book appointment

Holistic investment strategies for you and your business.3

Our Wealth Team is here to create tailored strategies to help you reach your goals--both business and personal. We cover investments, solutions to protect what matters to you and estate planning to create one comprehensive plan for you and your business.

Set up a complimentary consultation today. 

Book appointment
Get all your business banking needs in one place.

Start by opening your business account online, in person or calling us at 1.855.350.7775.

Open accountBook appointment
  1. Read full referral offer terms and conditions. Refer to the Business Membership Referee Qualifying Criteria.
  2. Terms and conditions apply. This offer as described is only applicable to net-new Global Payments clients in Canada only, who have not conducted any business with Global Payments in the past twelve (12) months, and enter into a Merchant Agreement with Global Payments Direct, Inc., and a POS Equipment Agreement with Global Payments Canada GP, each with a minimum three (3) year term. Prices are subject to increase as a result of third party increases, such as interchange, card, or regulatory fees, as well as Global Payments’ periodic adjustments. This offer excludes applicable payment network pass-through and/or assessment fees. Cannot be combined with any other offer. This offer is subject to change, withdrawal or cancellation at any time, without notice, and is not valid with any other offer. Global Payments reserves the right to determine qualified merchants and is under no obligation to approve the merchant. Additional restrictions, conditions and other fees/taxes may apply. Contact a Global Payments representative for more information. Offer expires December 31, 2024.
  3. Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual funds are not guaranteed or insured by any financial institution, government or other deposit insurer. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing.