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How to get up to $500, plus 5.0% bonus interest on savings1,2

Become a new member and open one or more of the following: Coast Capital Chequing Account, Coast Capital Credit Card* issued by Collabria and a Coast Capital High-Interest Savings Account. Choose any combination of the 3 offers based on your banking needs.

Up to $400 cash<sup><a href="#terms" id="textlink-upto400-footnote1">1</a></sup> Up to $400 cash1

When you open and use a new Chequing Account.

Offer details

Up to $100 statement credit<sup><a href="#terms" id="textlink-footnote1-upto100statementcredit">1</a></sup> Up to $100 statement credit1

When you can open and spend on a new Coast Capital Credit Card.

Offer details

5.0% bonus interest rate<sup><a href="#terms" id="textlink-footnote2-50bonusinterestrate">2</a></sup> 5.0% bonus interest rate2

When you open and deposit into a new High-Interest Savings Account.

Offer details

Get up to $5001

Complete the offer criteria for one or more of the below offers to get the corresponding bonus value paid into your new account:

Get up to $400 with a new chequing account.1

To qualify for this offer:

  1. Become a new member and open the chequing account that’s right for you:
  2. Then, within 60 days of account opening add an eligible payroll or direct deposit3 Your direct deposit must be the same direct deposit coming from the same payee for 3 consecutive months. This may be your payroll, pension or government payment. (at least once a month) and maintain the same payroll or direct deposit for 90 consecutive days or more
Open account
Or Book appointment

Get up to $100 with a new Coast Capital credit card* issued by Collabria.1

To qualify for this offer:

  1. Become a new member online or book an appointment

  2. Then apply for the credit card that's right for you:
  3. Once approved, activate your new Coast Capital Credit Card and spend at least $1,000 in the first 90 days4.

Get a 5.0% bonus interest rate on savings.

Complete the offer criteria below to earn bonus interest in your savings account until April 30, 2025.

Earn a bonus interest rate of 5.0% per annum with a new High-Interest Savings Account.2

To qualify for this offer:

  1. Become a new member and open a non-registered High-Interest Savings Account by March 31, 2025. As the new member, you must also be the primary account holder to qualify.

  2. Start earning 5.0% per annum bonus interest2 on all new deposits until April 30, 2025. The bonus interest is in addition to the regular posted interest rate.

  3. Total interest is accrued daily, and paid at the end of each eligible month.

Open account
Or Book appointment

We've answered your most popular FAQs.

Both the cash and rate offers are available to new, personal members that are Canadian residents and age of majority (Quebec residents are not eligible). 

New Member Cash Offer terms and conditions.

New Member Rate Offer terms and conditions.

Open account

To receive this offer, you can open your account online or in person at one of our branches. 

You can apply to become a new member in as little as 5 minutes online. Sign up for Coast digital banking and you'll receive notifications and instructions on how to set up your recurring payments, payroll etc online.

You can expect your bonus typically within 60-90 days following completion of the offer eligibility criteria. The payout will happen automatically via electronic funds transfer into your Coast Capital chequing account.
If you start the offer qualifying criteria during: You should receive your bonus within 60-90 days of completing the qualifying criteria:
January 2025 June – August 2025
February 2025 July – September 2025
March 2025 August – October 2025
Your credit card statement credit will typically be posted to your new Credit Card account during the billing cycle after Collabria confirms that you have fulfilled the qualifying offer criteria.

The New HISA Offer will be calculated by adding the 5.0% per annum bonus interest to the current standard posted (non-bonus) interest rate applicable to the balance of the member’s HISA account until April 30, 2025.

The interest will be calculated daily on the daily closing balance in the member’s High-Interest Savings Account and will be paid monthly during the offer period. The payments of the interest will be shown as separate regular interest and bonus interest transactions on the member’s monthly account statements.

Absolutely, but you will only qualify for one new member chequing bonus. If you are considering opening multiple Elevate accounts, please keep in mind that each account requires a separate unique email address for us to send you your Coursera licenses. For each additional account, you will need to give our Advice Center a call at 1.888.517.7000 to provide us with the email addresses you would like the Coursera Licenses sent.

I’m an existing member at Coast Capital, can I open a new account or credit card to get any of the offers?

No, current and past personal members (within the last 5 years) do not qualify for these offers. A new member can however open a joint account with an existing member and qualify for the chequing and HISA offers.

 

I used to have an account with Coast Capital, am I eligible?

Depends. If you haven't had a personal membership with Coast Capital in the last 5 years, you may be eligible for these offers if you meet the other eligibility requirements.

 

I am a Coast Capital small business member; do I qualify if I open a personal account?

Yes, as long as you are a new personal banking member and haven't had a personal account within the last 5 years. To open a personal membership follow the steps to open an account online or in branch.

 

Can I earn multiple bonuses by opening multiple accounts?

New members are eligible for one cash bonus per new chequing account and Coast Capital credit card* issued by Collabria. New members cannot receive multiples bonuses on the same account type (eg. You can’t get 2 bonuses for 2 chequing accounts).

 

Can the 5% bonus interest apply to more than one new High-Interest Savings Account?

If a new member opens multiple new High-Interest Savings Accounts under the same new membership, the New HISA Offer will be calculated on deposits in each new High-Interest Savings Account but will be added together and paid to the HISA with the highest balance. The New HISA Offer is earned on deposits in one or more New HISAs of up to a combined CAD 500,000 across all New HISA’s.

 

Do I get the chequing bonus if I open a joint account?

Depends. If you are opening the joint account as a new personal member to Coast Capital, then you are eligible for a single cash bonus offer on that account if you meet the offer criteria. If you are opening a joint account as an existing personal member with Coast Capital, you are not personally eligible for the bonus but the other member you're adding to the account could be if they're joining as a new member.

 

I’m an existing member at Coast Capital, if I open a joint account with an individual who is new to Coast Capital, do they get the chequing bonus?

Yes. If you add a new member to a joint account, the new member will be eligible for the bonus. Joint Accounts are only eligible for a single Cash Bonus Offer per banking product opened.

 

How does the 5% bonus interest apply to joint memberships?

With joint memberships, new High-Interest Savings Accounts held within that membership can generate bonus interest if they are the primary owner of the joint membership. For clarity, if a new joint membership is opened and the new member is listed as primary and the existing member is listed as secondary, the primary (new) member will be eligible for the bonus HISA rate. However, if a new joint membership is opened and an existing member is listed as primary, the new member is not eligible for the bonus HISA rate but is still eligible for the chequing and credit card bonuses. If someone opens one personal membership and one joint membership with another member, they will earn bonus interest on the personal membership and will separately earn bonus interest on the joint membership if they are named as the primary owner of the joint membership.

 

How do I set up a direct deposit?
  1. Log in to digital banking through a computer or our mobile app.
  2. Select from the menu, Account Overview, then Download Void Cheque and select the account you want the Void Cheque for.
  3. Click the Export button to download a PDF file containing your void cheque. Save or print this PDF to provide a digital or physical copy to your employer.
How do I know if my direct deposit is eligible for the chequing bonus?
In order to be eligible for the bonus, your direct deposit must be the same direct deposit coming from the same payee for 3 consecutive months. This may be your payroll, pension or government payment. Check the terms and conditions or disclaimer 3 for more details.
Why was my application denied?
There are a number of reasons a membership application may be declined. If your online application was declined please contact us.
Take advantage of this limited-time offer.

Apply online in as little as 5 minutes.

Open account
Book appointment

1. Read New Member Cash Offer terms and conditions.

2. Read New Member Rate Offer terms and conditions.

3. Eligible payroll or direct deposit transaction codes include the following transaction code types: Payroll (200-207), Pension (230-233, 310-312, and 315-316), Govt Payment (313, 318, 328 and 600-607), or deposits from employers approved by Coast Capital (Doordash, Skip the Dishes, Uber, Uber Eats, Lyft, Avon, Youngliving, Fantuan Asian Food Delivery).

4. Credit Card fees, returns, Cash Advances and interest charges will not count towards the purchase total.

®The Collabria Mastercard is issued by Collabria Financial Services Inc. pursuant to a license from Mastercard International Incorporated.

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.