B2B Bank High Interest Savings Account

Available to existing B2B Bank clients only.*

CDIC eligible

The CDIC protects eligible deposits up to a maximum of $100,000 (principal and interest combined) per depositor per insured category. No need to sign up — B2B Bank is a CDIC member so coverage is free and automatic.1

CDIC Badge

What are the rates?2

*Rates as of close of business on June 6, 2021. All rates are subject to change at any time without prior notice.

Account balance Interest rate*
Up to and including $500,000 1.15%
$500,000.01 + 0.30%

How is the tiered interest calculated?

The 1.15% interest rate applies to deposits up to and including $500,000 and the 0.30% interest rate applies to deposits above $500,000. The applicable tier interest rate applies to every dollar in the tier. Interest rates are annual. Interest is calculated daily on the closing balance and paid monthly on the last day of the month into the account. All rates are subject to change at any time without prior notice.
 

Fee schedule

Effective March 22, 2019

Download fee schedule

Banking fees  
Monthly account fee Free
Cheque clearing Free
Electronic fund transfers Free
Transfers between B2B Bank accounts Free
Pre-authorized deposits Free
   
Other fees  
Returned items $5.00
Non-sufficient funds (NSF) $50.00
Early closure fee (within 90 days of opening) $25.00
Overdrawn interest rate 21% per annum3
   
Dormant annual account fees4  
2 year to 9 year $25.00 per year
10 year $40.00
   
Record keeping  
Monthly online statement Free
Monthly paper statement Free

 

Questions?

How can I deposit money into my savings account?

You can deposit money into your High Interest Savings Account (HISA) by linking the account with your other financial institution or by transferring money from your B2B Bank Chequing Account.

Need more information? Find an answer »


*The B2B Bank High Interest Savings Account (HISA), B2B Bank Chequing Account and non-registered B2B Bank GICs (purchased via onlinebanking.b2bbank.com) are only available to existing B2B Bank clients. Restrictions may apply.

B2B Bank is a member of the CDIC. Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act. For more information about deposit protection, visit www.cdic.ca.

2B2B Bank HISA rates as of close of business on June 6, 2021. The 1.15% interest rate applies to deposits up to and including $500,000 and 0.30% interest rate applies to deposits above $500,000. The applicable tier interest rate applies to every dollar in the tier. Interest rates are per annum. Interest is calculated daily on the closing balance and paid monthly on the last day of the month into the account. All rates are subject to change at any time without prior notice.
3 Interest is calculated daily on the closing overdrawn balance and charged monthly. Each month you will deposit an amount that will cover the monthly overdrawn interest.
Inactive account notices will be sent at two, five and nine years of inactivity. If inactive notice is acknowledged within 60 days, there is no charge. If the balance of the dormant account is less than the fee to be collected, the charges correspond to the remaining balance.

B2B Bank is a wholly-owned subsidiary of Laurentian Bank of Canada. All fees are subject to applicable federal and provincial taxes when applicable and may change without prior notice.

B2B Bank does not provide investment advice to individuals or advisors.

®B2B BANK and B2B Bank HISA® are registered trademarks of B2B Bank.