What do your balances earn?

Enter Your Savings Amount:

Manulife Bank’s posted deposit rates are good for new initial deposit amounts of up to $2 million. For amounts over $2 million contact ICMS.


You Earn:

RBC
<10K 0.05% $0
10K - 100K 0.20% $0
100K - 250K 0.25% $0
250K+ 0.35% $0
CIBC
0 - 50K 0.30% $0
50K - 250K 0.35% $0
250K - 1MM 0.40% $0
1MM - 5MM 0.45% $0
TDCT
<10K 0.10% $0
10K - 100K 0.15% $0
100K-500K 0.20% $0
500K+ 0.35% $0
BNS
0-100K 0.50% $0
100K - 200K 0.60% $0
200K - 1MM 0.90% $0
1MM - 2MM 1.20% $0
BMO
<10K 0% $0
10K-60K 0.10% $0
60K-250K 0.30% $0
250K-500K 0.50% $0
500K+ 0.60% $0
ATB
0 - 100K 0.20% $0
100K-5MM 0.50% $0

ICMS Can Grow Your Business Savings

See how much money ICMS can send to your bottom line.

Without the expensive real estate based branch network of the “Big 5” banks, Manulife Bank pays higher rates to depositors – on every dollar in the account. Enter a savings amount in the YELLOW field that is typical for your business and see how much money you are sending to your bank’s bottom line – instead of sending it to your own bottom line!

*Since Sept 15, 2017  the variable annual rate of 0.85% is applied to all funds in the Business Advantage Account.
Interest calculated daily on total closing balance and paid monthly. Rate subject to change without notice.
Manulife Bank’s posted deposit rates are good for new initial deposit amounts of up to $2 million. For amounts over $2 million contact ICMS.
Rates for other banks as at Nov 1, 2017; subject to change without notice.

Have USD Savings? Try the $US Business Advantage Account calculator.

DO YOU LEND MONEY TO YOUR BANK?

Whenever you have a positive balance in any bank account – or if you purchase GIC’s or Short Term Deposits – you are lending money to your bank, and your bank is borrowing money from you. And like any smart borrower they will try to borrow at the lowest rate possible. Like zero percent in a current account.

If you consider operating a “savings” account for your business then you will often find that your bank pays interest on a “tiered” basis. That means you do not get the same rate on every dollar in the account. Tiered pricing only serves to lower the effective interest rate you receive.

BUSINESS ADVANTAGE ACCOUNT

Without the expensive real estate based branch network of the “Big 5” banks, Manulife Bank pays higher rates to depositors – on every dollar in the account.

A Manulife Bank Business Advantage account is designed to operate as a “parking spot” for funds that you are not using to write cheques. With no service charges, no minimum balance requirement and no withdrawal restrictions it is a perfect electronic complement to your existing current account.

Once the Manulife account is linked electronically to your existing current account you can easily transfer funds in two directions:

  • to Manulife when your cash balance builds up and you want to earn daily interest
  • back to your current account when you need it to write cheques

Services

Business Banking

Add thousands of dollars to your company’s bottom line – instead of your bank’s bottom line! Without the expensive real estate based branch network of the “Big 5” banks, Manulife Bank pays higher rates to depositors – on every dollar in the account.

Annual Review

ICMS monitors published service charges and deposit interest rates from all 57 different service plans offered collectively by the Big 5 banks. Our Basic Report tells you which plan best matches your company’s volumes and transaction patterns.

Personal Banking

Improving your Personal Banking may be a matter of HOW you bank rather than where you bank.

Testimonials

Find Out How ICMS Can Help Your Business Savings Grow

Get started sending thousands of dollars to your company’s bottom line – instead of your bank’s!