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Business Advantage Plus

Savings Account

Get up to 1.15% interest on a full balance

Earn savings on your business funds

When you’ve got some excess cash but need to keep it available, your best option is a savings account that gives you a good return with zero transaction fees.

No minimum balance required: start earning as soon as you have a dollar in your account.  We don’t wait until you have a large balance before paying you interest.  And as your balance grows, so does your interest you can earn.

Your money earns interest1,2 on the full balance. Both your principal and the return rates are guaranteed. Your rates are as follows:
  • $0-$99,999, receive a rate of 0.95%
  • $100,000 - $999,999 receive a rate of 1.05% on the full balance
  • $1,000,000+  receive a rate of 1.15% on the full balance

Save even more and access your money when you need it

  • $0 monthly fee
  • No minimum monthly balance required
  • No transaction fees
  • Unlimited transfers
  • Get paid on your full balance
  • 24/7 access, through Meridian’s Business Online Business Banking

Other Important Stuff

Looking for longer term savings?
See some of our other account options

1-year cashable GIC

Take Me There

Fixed rate GIC

Take Me There

3-year escalator GIC

Take Me There