Business Savings+

Supplement your operating account with our new high interest savings account for businesses like yours. Enjoy a premium annual rate on your business deposits and always count on us for expert advice and exceptional service.

Account features

  • Daily interest rate: 1.50% p.a.
  • Interest calculated daily on the closing balance and paid monthly.
  • Unlimited deposits made at counter or using the secure Deposit Anywhere service1, 2 and unlimited at-counter withdrawals.
  • Unlimited transfers between your IC Savings business accounts.
  • No minimum balance is required.

A supplement to your operating account, Business Savings+ is one more way for you to grow your hard-earned savings with us.

Common features, all the time

  • Deposits are 100% protected and guaranteed by the Deposit Insurance Corporation of Ontario (DICO).3
  • 24/7 online and mobile access, or in-branch personal service, Monday to Saturday, where the espresso is always on us!
Review what you need to open a business account with us.

1 Use our mobile banking app on your smartphone to deposit cheques directly to your account. Learn more about the secure Deposit Anywhere service here.

2 Deposits made using Deposit Anywhere™ are subject to a five-day hold.

3 Learn more about deposit insurance for businesses and DICO at


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