Save for Business

Open a business savings account

Earn higher interest on corporate cash you don't need every day.

A smarter savings account for your business

A perfect place to keep the money you don’t need for every day business expenses, with 1.1% interest.

Wealthsimple Save for Business
A corporate checking account
This graph is for illustrative purposes only.

Get all the benefits of Save for Business

  • Earn 1.1% interest. No promotions, just one simple rate.
  • No account fees. Really.
  • 1-day withdrawals to your corporate bank account
  • No account minimums

No paperwork or meetings required

Skip the bank line, with our completely paperless account opening. You’ll be ready to start earning higher interest in minutes - just answer a few questions about you and your incorporated business to get started.

Start investing smarter in 5 minutes

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No, Save for Business accounts are for saving only. We have no plans to offer spending features for these accounts.

Save for Business accounts are only available for incorporated businesses.

Great question! To keep it simple, it’s because it’s a different type of account. The rate we offer for Save for Business is very competitive compared to similar accounts from other institutions. And we’re committed to offering you transparent rate.