Business Chequing
Open a business chequing account with $0 monthly fees, no minimums, interest on deposits, and fewer reasons to ever visit a branch.
Cut the fees, earn high interest, and move money without paying a dime.
Keep more money in the business instead of paying for the privilege of having an account.
Send and receive as much as your business needs. No per-transaction limits or fees.
Earn interest on business cash while keeping it accessible for daily operations.
Pay corporate income tax, GST/HST, and payroll remittances directly from your account.
“I used to treat business banking fees as just another cost of running the company. But once I moved my operating cash to Wealthsimple Business Chequing, I realized how much friction I had been accepting as normal — monthly fees, separate tax payments, manual bookkeeping, all of it. Now I can keep cash organized, pay the CRA, and actually earn interest while the money sits there.”
Wealthsimple Business Chequing is designed for eligible registered Canadian businesses, including Canadian-controlled private corporations and certain CRA-registered charities or associations.
No. Wealthsimple Business Chequing has $0 monthly fees and no account minimums.
Yes. You can pay corporate income tax, GST/HST, and payroll remittances directly from your business chequing account.
Most clients can verify their first business account in about 20 minutes, as long as their corporate information is handy and up to date.
Yes. Business Chequing deposits can earn up to 2.25% interest. Rates are annualized, calculated daily, paid monthly, and subject to change.
Make your business chequing easy.
Open a free account