Best Small Business Bank Accounts

Best Small Business bank account in Canada?

Hi I’m looking for a good small business bank account in Canada.
Currently, my business is with TD Canada Trust.. but their fees are so ridiculous.. I’m losing so much money per month on them.

Any suggestions? (and please state why)

I know that the cost of banking as a small business is frustrating. The best choice I have seen is offered by the Royal Bank. You still get dinged quite a bit, but it seems you are dinged less if you select the type of fee structure that would best suit your needs — and they have quite a few options. I chose the variable rate account, but that is because my transactions are pretty erratic from month to month. Aside from the cost of doing business with a bank, I found the support and tools available from RBC to be far superior to those of a couple other banks I have dealt with in the past (TD and Scotia).

Small Business Banking Comparison – Personal vs. Business


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