Business Advantage Savings Account

An interest account with access to your money when you need it

This account is ideal for businesses that carry a surplus of cash less than $100,000 and have short-term savings needs, while providing easy access to your funds.

Key Benefits and Features

Earn More

  • Balances over $5,000 paid competitive interest rate

Save More
  • Maintain a balance of $100,000 and your monthly transaction fees will be waived
  • No bill payment handling fees no matter how you pay your bills
  • Two free personal service withdrawals or transfers per month

Accessible

  • Easy access to your account in-branch, at an ABM, or through online or telephone banking

Convenient

  • Make deposits in-branch or through our night depository service (where available)

Details

Interest

  • Earn a competitive interest rate on balances over $5,000

Reports

  • Receive detailed quarterly statements or view your business account history online

1. Self-Serve Transactions – includes bill payments via online banking, telephone banking and ABM; withdrawals via ABM; INTERAC† direct payment purchases and pre-authorized debits.
2. Personal Service Transactions – includes all in-branch withdrawals, deposits, transfers and bill payments.

Talk to Us

Locate a Commercial Business Centre near you:

Greater Toronto Area Business Centre

Regional Vice President:
Zenon Iwachiw

797 Milner Avenue Unit 200 Toronto, ON M1B 3C3

Telephone: 416-438-9351
Fax: 416-328-3023

Monday to Friday | 9:00AM - 5:00PM​

Grey Bruce Business Centre

Senior Director & Regional Manager:
Peter Hambly

255 10th Street Hanover, ON N4N 1P1

Telephone: 519-364-4058
Fax: 519-364-0632

Monday to Friday | 9:00AM to 5:00PM​

Guelph/Wellington Business Centre

Regional Vice President:
Robert (Rob) Wagner

200 Speedvale Avenue West Guelph, ON N1H 1C3

Telephone: 519-822-9734
Fax: 519-822-1063

​Monday to Friday | 8:30AM to 5:00PM

Niagara Falls Small Business Centre

Account Manager, Small Business Services:
Alan LeBourveau

4780 Portage Road Niagara Falls, ON L2E 6A8

Telephone: 905-371-0664
Fax: 905-371-9385

Monday to Friday | 8:30AM to 5:00PM

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Niagara-on-the-Lake Business Centre

Senior Director & Branch Manager:
Ken Janzen

1567 Niagara Stone Road Virgil, ON L0S 1T0

Telephone: 905-468-5755
Fax: 905-468-2261

Monday to Friday | 8:30AM to 5:00PM

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Simcoe - Muskoka Business Centre

Senior Director & Regional Manager:
Jason Teal

135 Bayfield St. Suite 201 Barrie, ON L4M 3B3

Telephone: 705-792-0442
Fax: 705-792-0443

Monday 9:00 am - 5:00 pm
Tuesday 9:00 am - 5:00 pm
Wednesday 9:00 am - 5:00 pm
Thursday 9:00 am - 5:00 pm
Friday 9:00 am - 5:00 pm
Saturday closed
Sunday closed

St Catharines Business Centre

Regional Vice President:
John McGilvray

75 Corporate Park Dr. St Catharines, ON L2S 3W3

Telephone: 905-937-4222
Fax:

Monday 8:30 am - 5:00 pm
Tuesday 8:30 am - 5:00 pm
Wednesday 8:30 am - 5:00 pm
Thursday 8:30 am - 5:00 pm
Friday 8:30 am - 5:00 pm
Saturday closed
Sunday closed

Welland Business Centre

Senior Director & Regional Manager:
Rick Herchmer

610 Niagara Street North Welland, ON L3C 1L8

Telephone: 905-734-1221
Fax: 905-734-1661

Monday to Friday | 8:30AM to 5:00PM

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Click here to send us an email

Call us at 1-866-592-2226 or Click here to find your local Commercial Banking Centre number.

Meridian Credit Union