Every Big-5 has 3-4 business chequing tiers. Pick one based on monthly transaction volume, not branding. Slide your transaction count below to find your cheapest option — including monthly fee waivers for minimum balances.
★ YOUR USAGE ★
Adjust to your volume
★ MONTHLY COST · RANKED ★
Cheapest for your volume
★
RBC · Lock-It-In Business100 included · $1.1/extra
$22/mo$264/yr
#2
Scotia · Right Size Account 260 included · $1.15/extra
$36/mo$432/yr
#3
RBC · Digital Choice Business20 included · $1.25/extra
$44/mo$522/yr
#4
CIBC · Smart Business 120 included · $1.25/extra
$44/mo$522/yr
#5
Scotia · Right Size Account 125 included · $1.25/extra
$45/mo$543/yr
#6
BMO · Business Start17 included · $1.25/extra
$50/mo$603/yr
#7
BMO · Business Builder 125 included · $1.25/extra
$54/mo$645/yr
#8
TD · Business Plus Plan20 included · $1.25/extra
$57/mo$678/yr
#9
TD · Basic Business Plan5 included · $1.25/extra
$61/mo$735/yr
#10
CIBC · Unlimited BusinessUnlimited transactions
$65/mo$780/yr
#11
TD · Unlimited Business PlanUnlimited transactions
$75/mo$900/yr
#12
BMO · Business Builder 390 included · $1.05/extra
$75/mo$900/yr
★ YOUR CHEAPEST OPTION
RBC Lock-It-In Business
At 50 transactions/month + $2,500 balance: $22/mo = $264/year.