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Business savings accounts

Set aside your business's extra cash and let it grow in one of our savings accounts. Apply today for the account that works best for your business.

What is a business savings account?

A business savings account lets you earn interest on your balance and withdraw funds when you need to. It's a great addition to your business chequing account.

Our savings accounts for businesses

Enhanced Investment Business Account

This account has a competitive interest rate and no monthly fee. There's no minimum amount required for transactions and you can dip into your funds at any time.

Interest

This is a tiered-rate account, meaning a higher balance can get you a better interest rate. 1  Interest is calculated daily and paid out monthly.

Transactions

Here are a few examples of transactions you can make with the Enhanced Investment Business Account:

  • Transfers between this account and your other Desjardins accounts
  • One-time and recurring transfers

Desjardins Business Treasury Account

With a very competitive interest rate and no monthly fee, this account lets you maximize interest on deposits over $1 million.

To open this account, contact your account manager.

Interest

Interest is calculated daily at a rate that varies according to the market and is paid out monthly.

Account details

  • Minimum balance of $1 million
  • Minimum deposit or withdrawal amount of $1 million
  • 30-day notice required for withdrawals
  • No monthly fees

Build-Up Savings Account for Businesses (CAN$ or US$)

This is a chequing account that lets you do everyday transactions and manage your cash flow but also earns interest like a savings account.

Do you do business in the United States? A US dollar account will simplify your cross-border transactions and let you save on exchange rate fees.

Interest

These are tiered-rate accounts, meaning a higher balance can get you a better interest rate. 2   Interest is calculated daily and paid out monthly.

Transactions

Here are a few examples of transactions you can make with the Build-Up Savings Account:

  • Deposits and withdrawals at the teller counter or ATM
  • Preauthorized payments and direct deposits
  • Cheque issuing
  • Bill payments
  • Automatic transfers

AgriInvest Account 

This savings account is for eligible agricultural businesses that are part of the government's AgriInvest program, which was designed to help farms manage income fluctuations and increase their market income. It allows you to receive up to $10,000 in government contributions.

Interest

Unless otherwise agreed, we don't pay interest on your deposits. However, the government contributions you receive are eligible for interest paid by the government.

Account details

Features of our business savings accounts 

Fees

Monthly service charges and transaction fees apply for our Build-Up Savings Accounts.

Our other business accounts

Business chequing accounts

Manage your business's everyday transactions with one of our chequing accounts.

Learn more about business chequing accounts

Foreign currency accounts

Save on exchange rate fees with one of our foreign currency accounts (currencies other than US dollars).

Learn more about foreign currency accounts

Interest is calculated on your daily closing balance at the interest rate for your tier. The tiers are as follows: 

  • $0 to $49,999 

  • $50,000 to $99,999

  • $100,000 to $499,999 

  • $500,000 to $999,999

  • $1,000,000 and up 

For Canadian dollar accounts, interest is calculated at different rates for the portions of your balance that fall within each tier. The tiers are as follows:

  • $0 to $19,999 

  • $20,000 to $99,999 

  • $100,000 to $249,999 

  • $250,000 and up

For US dollar accounts, interest is calculated on your daily closing balance at the interest rate for your tier. The tiers are as follows:

  • $0 to $99,999.99 

  • $100,000 to $499,999.99 

  • $500,000 to $999,999.99 

  • $1,000,000 and up

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