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Business chequing accounts
We compare 5 business chequing accounts from 2 Canadian issuers. Annual fees range from $72 to $1,200. Sorted lowest annual fee first.
Updated October 2026
Business chequing accounts compared
Business chequing accounts keep company money separate from personal funds. Fees usually depend on how many transactions and cash deposits you make each month.
| ACCOUNT | PER YEAR | PER MONTH |
|---|---|---|
| RBC Digital Choice Business Account PackageRBC | $72 | $6.00 |
| Scotiabank Right Size Account for BusinessScotiabank | $72 | $6.00 |
| RBC Flex Choice Business Account PackageRBC | $84 | $7.00 |
| Select Account for BusinessScotiabank | $240 | $20.00 |
| RBC Ultimate Business Account PackageRBC | $1,200 | $100.00 |
Questions
How many business chequing accounts does CreditLab compare?
We compare 5 chequing accounts in this category from 2 issuers, with fees from $72 to $1,200 a year. Each one links to a full breakdown of its fees, rates and features.
What’s the lowest annual fee in this category?
The lowest fee is $72 a year, on the RBC Digital Choice Business Account Package.
More chequing accounts by category
Fees and rates come from each issuer’s published terms. Always confirm with the issuer before applying. See our methodology.