Rate option 1
0.75%
- Compounding
- Monthly
- Calculation
- Daily Closing Balance
Business Savings Account
CAD
CDIC Insured
Scotiabank
Scotiabank Dual Rate Investment Account
Operate your business and save surplus funds – all with a single account. Earn premium interest on the stable portion of your balance.
Rate up to
1.75%
Monthly fee
$10.95/mo
Transactions
Not listed
Minimum deposit
$50,000
EARNINGS
Rates and interest details
Balance-tier schedule
| Balance | Standard rate | Boosted rate | Condition |
|---|---|---|---|
| $50,000 – $999,999.99 | 1.65% | — | Stable Balance Rate (Lowest end of day balance over period) |
| $1,000,000 – $20,000,000 | 1.75% | — | Stable Balance Rate (Lowest end of day balance over period) |
COSTS
Fees and account limits
Monthly fee$10.95/mo
Fee-waiver balance$8,000
Minimum deposit$50,000
Maximum depositNot listed
Included transactionsNot listed
Bundled productNot specified
ACCOUNT EXPERIENCE
Features and benefits
Online and Mobile Banking
Operate your business and save surplus funds with a single account.
CDIC Insured
Eligible for CDIC Insurance.
WHO CAN APPLY
Eligibility and access
Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appNot specified
Online bankingYes
Branch accessYes
CDIC Insured: Eligible for CDIC Insurance.
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 Scotiabank before opening the account.