Frequently Asked Questions
Choosing a bank account is a big decision. It’s one that will stick with your business for years. It made us angry when realized how difficult it was to get a simple cost estimate for a business bank account in Canada. We believe banking should empower businesses, not confuse them. So we rolled up our sleeves, did the research, figured out the costs, and built this service for you.
This is only one of many tools, including Canada’s first API-enabled banking platform for businesses, that we’re building to empower businesses across the country.
Our team sourced all information directly from each bank's website or by calling them when we were in doubt. If you spot a mistake let us know by emailing firstname.lastname@example.org
Bank Account Hero uses the most impactful fees to estimate the cost of bank accounts accounts. While there may be some cases where fees not captured by our formulas impact the true cost of an account, these are not significant for the majority of businesses.
Our team updates the fees for all accounts every four months, but may update it more frequently. If you spot something that doesn't look right let us know by emailing email@example.com
Yes, some conditions or restrictions apply. Please consult the provider of each service for more information.