Rate option 1
1.5%
- Compounding
- Monthly
- Calculation
- Daily Closing Balance
Business Chequing Account
CAD
Servus Credit Union
Servus Business Essential Plan
A flexible business account that adapts to your monthly usage with fee waivers available for higher balances.
Rate up to
2.9%
Monthly fee
$20/mo
Transactions
Unlimited
Minimum deposit
$0
EARNINGS
Rates and interest details
Balance-tier schedule
| Balance | Standard rate | Boosted rate | Condition |
|---|---|---|---|
| $0 – $9,999.99 | 1.5% | — | Standard eligibility applies |
| $10,000 – $24,999.99 | 1.65% | — | Standard eligibility applies |
| $25,000 – $99,999.99 | 1.75% | — | Standard eligibility applies |
| $100,000 – $249,999.99 | 1.9% | — | Standard eligibility applies |
| $250,000 – $999,999.99 | 2.2% | — | Standard eligibility applies |
| $1,000,000 – $4,999,999.99 | 2.6% | — | Standard eligibility applies |
| $5,000,000+ | 2.9% | — | Standard eligibility applies |
COSTS
Fees and account limits
Monthly fee$20/mo
Fee-waiver balance$60,000
Minimum deposit$0
Maximum depositNot listed
Included transactionsUnlimited
Bundled productNot specified
Detailed fee schedule
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Per-Transaction FeeTiers: $20 (30 trans), $40 (60 trans), $75 (150 trans), $110 (Unlimited). | - | Unlimited | - |
ACCOUNT EXPERIENCE
Features and benefits
Online and Mobile Banking
Integrates with accounting software; image-captured cheque archiving.
WHO CAN APPLY
Eligibility and access
Minimum ageNot specified
AvailabilitySelected provinces
Mobile appYes
Online bankingYes
Branch accessNot specified
COVERAGE
Registration, networks and availability
Registration options
- CORPORATECorporate / Non-Personal
IMPORTANT INFORMATION
Terms and disclosures
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with Servus Credit Union before opening the account.