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Business Savings Account

A complement to your business chequing account

Enjoy an investment account that pays competitive, tiered, daily interest.

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Here's what you get

  • An investment account that pays competitive, tiered, daily interest
  • The convenience of 24-hour access to their account
  • Easy access to their funds
  • Free transfers to and from other TD Canada Trust accounts

Additional features

  1. Tiered, competitive interest rates

  2. FREE transfers to, or from, any other TD Canada Trust Account to your business savings account

  3. Easy record-keeping with a monthly statement

  4. A Pre-authorized Transfer Service that saves you time and money when you’re transferring funds between business accounts (including other financial institutions)

What’s included each month:

Plan Details

Cost

Transfers to, or from, any other TD Canada Trust Account to your Business Savings Account

FREE

Deposits/Credits

$1.00 each

Withdrawals/Debits

$5.00 each

Monthly Cash Deposits (paper currency and coin)1

$2.50 per $1,000

Deposit Items (cheques, money orders, drafts and other clearing items)

$0.22 each
Account-related fees

Benefits of banking with TD

  • Business Credit Cards

    Choose a TD Business Credit Card with benefits and features that can help you grow and manage your business.

    Learn more

  • TD Merchant Solutions

    Use TD Merchant Solutions for straightforward advice and payment solutions you can count on to keep pace with your growing practice.

    Learn more

  • Deposit cheques from your office

    TD Remote Deposit Capture and TD Mobile Deposit are fast, easy and convenient ways to deposit cheques2.

    Learn more

Legal

1 Rounded down to the nearest dollar
2 Subject to eligibility requirements, applicable fees and technology and device capabilities.

Need help to open an account?

Deposit Insurance

Your deposits may be insurable by the Canada Deposit Insurance Corporation.