Boost your business savings
For a limited time, earn up to 3.50%* on your cash balances in a new Business Advantage Plus savings account. Get a great rate and access to your money whenever you need it.
Accessible, risk-free savings
No minimum balance required. Start earning on your first dollar
As your balance grows, so does the interest you can earn
Get access to your funds anytime
New Members: waived account fees for 6 months**
No monthly fees for 6 months on a new Business Chequing Account
No monthly fees for 6 months on new Business Online Banking activations
I’m new to Meridian
If you’re new to Meridian, simply open a new Business Advantage Plus account to get started.
You must live or work in Canada and have reached the age of majority in the province or territory where you live.
You operate as a sole proprietor or single-owner corporation
Your business operates in Ontario
I’m already a Member
As an existing Member, you qualify for this offer if:
You don’t have an existing Business Advantage Plus account, and haven’t had one for the past six month
You open an account online or at branch within the offer period
Unlimited online transfers
Make unlimited no-fee transfers online between your Meridian accounts.
Tiered interest
Earn interest based on your balance. The higher the balance, the more you earn.
$0 monthly fee1
Get all the Business Advantage Savings account features with no monthly fee.
Answers to common questions
Business Members are eligible if you:
Do not currently hold and have not held a Business Advantage Plus Savings Account within the previous 6 months
Open a new eligible Business Advantage Plus Savings Account during the offer period
No. The bundle offer is optional and not required to qualify for the Business Advantage Savings Boost interest rate offer.
The bonus interest applies for approximately 184 days (about 6 months) from the date the eligible account is opened.
Yes. The bonus interest applies to balances up to a defined maximum per Member (e.g., up to $5,000,000).
Eligible new Members can also access a bundle of business banking benefits, including:
Business Chequing Account: Monthly fee waived for the first 6 months
Business Online Banking (BOB): Monthly fee waived for the first 6 months
To qualify, you must
Meet the same eligibility criteria as the Business Advantage Plus account opening
Open a new Business Chequing Account and activate new Business Online Banking services within the offer period
Around here, you’re a Member, not a number
Open a new Business Advantage Plus account and enjoy bonus interest for 6 months, no monthly fees, and unlimited transfers.