Rates

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Below are current rates for all FirstOntario commerical chequing and savings accounts.

 

Commercial Chequing & Savings Account Rates
Account Type
Interest
Account Balance
Rate
Business + Plus Current Account
(Chequing Account)
Interest paid on daily closing
balance and paid at month-end
Daily closing balance under $5,000
0.00%
Balances from $5,000 to $49,999.99
0.00%
Balances from $50,000 to $99,999.99
0.00%
Balances from $100,000 to $249,999.99
0.025%
Balances $250,000 and over
0.05%

Business Savings
Interest paid on daily closing
balance and paid at month-end
Daily closing balance under $3,000
0.00%
Balances from $3,000 to $4,999.99
0.00%
Balances from $5,000 to $9,999.99
0.05%
Balances from $10,000 to $24,999.99
0.10%
Balances from $25,000 to $49,999.99
0.10%
Balances from $50,000 to $99,999.99
0.15%
Balances $100,000 and over
0.15%

Business U.S. Dollar Account
Interest paid on daily closing
balance and paid at month-end
Daily closing balance under $3,000
0.00%
Balances $3,000 and over
0.10%

 


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FirstOntario Prime 4.00%
Rates subject to change without notice

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