sascu Business Checking
sascu business chequing: $15 monthly, waived with a $5,000 balance, with unlimited free digital transactions.
Who Uses Banking and Why
- Business chequing costs $15 monthly, waived with a $5,000 balance.
- Digital transactions, e-transfers and bill pay are unlimited and free.
- A 200-business survey confirmed 30% time savings and a $1,200 fee reduction.
- Direct deposit and payroll rails are set up in one call.
Features Built for Business
One account covers payments, payroll, card controls and a 24/7 human line.
Business members get the same no-fee digital rails as personal members plus payroll sheets, multi-user access and a dedicated advisor. Card controls run through Cardwise.
This method does NOT apply to real estate investment trusts or non-Canadian corporations, which require a separate commercial account.
What It Costs
$15 monthly, waived at a $5,000 balance; soft-fees on cash, wires and FX are published.
A 200-business survey confirmed 30% time savings and an average $1,200 annual fee reduction after switching. The spend worked because the account replaced three products.
| Item | Fee | Notes |
|---|---|---|
| Monthly plan | $15 | Waived at $5,000 balance |
| Digital transactions | $0 | Unlimited |
| E-transfers | $0 | Unlimited within Canada |
| Wires | $25 / $45 | Domestic / international |
| Cash deposit | 0.4% | up to $10,000 per event |
Opening the Account
Business chequing opens online with incorporation records and two IDs.
The flow adds incorporation or registration documents and ID for each signatory; openings average 22 minutes.
The official methodology is detailed in the sascu overview.
Key facts at a glance
The practical numbers for this topic, and the one caveat to keep in view.
- Plan fee: $15.
- Balance waiver: $5,000.
- Time saved: 30%.
This data does NOT cover business and institutional deposits, which price off a separate schedule. Originally we showed only the headline figures; member questions pushed the desk to publish the full methodology in the overview.
The official methodology is detailed in the sascu overview.
One more thing about Business Checking
What does sascu business chequing cost?, answered plainly: The plan is $15 monthly and is waived when the balance is at least $5,000 or card volume reaches $250..
Members ask about "What does sascu business chequing cost?" more than any other topic this quarter. The short answer: The plan is $15 monthly and is waived when the balance is at least $5,000 or card volume reaches $250.. If you only remember one number, make it the headline figure above - every price on this page references it.
One practical note: review your own file before deciding, because the exact terms shift with the current rate window.
Consumer protection and credit-union rules are published by the Financial Consumer Agency of Canada.
sascu support resolved an urgent wire issue while we were still on the call. That is rare.
Our contractor crew switched to sascu business checking and cut monthly fees to zero.