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Best for: Business

The RBC Ultimate Business Account Package costs $100/month but the fee is waived with a $75,000 minimum balance. It offers unlimited transactions.

Unlimited transactions
Monthly fee
$100

Waived at $75,000

Regular rate
Promo rate
Transactions
Unlimited

Pros

  • Fee waived with $75,000 minimum balance
  • Unlimited transactions
  • Free e-statements

Cons

  • High monthly fee ($100)
Best for: Business
Select Account for business

Scotiabank · chequing

The Select Account for business costs $20/month but the fee is waived with a $20,000 minimum balance.

Monthly fee
$20

Waived at $20,000

Regular rate
Promo rate
Transactions

Pros

  • Fee waived with $20,000 minimum balance

Cons

  • High monthly fee ($20)
  • Capped transactions
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