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LIMITED TIME OFFER

Earn up to 3.5% interest on funds

To celebrate 15,000 businesses running on Venn, we're boosting your interest to up to 3.5% — with no caps. Add qualifying funds until October 15th, 2026.

Terms and conditions apply. Read the full terms here.
Your interest rate
3.5%
up from 2.00%
CAD accounts
All customers
2.75%
USD under $1M
All customers
3.00%
USD over $1M
Contact sales
up to 3.50%
Boosted rate applies only to net-new balances added during the promo window. Promo starts July 15th, 2026 with qualifying balances eligible to earn up to 3.5% interest for the next year (until July 15th, 2027).

Celebrating 15,000 business with up to a 1.5% boost, starting July 15th

Every rate below is a boost over our standard 2% on CAD/USD balances. The new rate applies to the new balance you add during the promo window and stays in place through the 12-month term (e.g., your net-new balances will earn the bonus interest rate from July 15, 2026 to July 15, 2027).

CAD accounts
2.75%
boosted from 2.00%

All customers, new and existing

No balance caps

CDIC-protected balances

Open account
USD under $1M
3.00%
boosted from 2.00%

All customers, new and existing

Local USD account details and free ACH

CDIC-protected balances

Open account
USD over $1M
up to 3.5%
custom tiered rate - an up to 1.5% boost from 2.00%

Tiered rates for $1M+ USD balances

Dedicated account team

Must contact Sales for custom tiered rate

Contact sales

The highest business interest in Canada

With our summer promo, Venn pays the highest interest rate. Because your funds should work as hard as you do to grow your business.

Institution
CAD interest
USD interest
Venn
Summer boost
2.75%
up to 3.50%
Wise
up to 2.22%
up to 3.14%
Wealthsimple
up to 2.25%*
EQ Bank
2.25%
Big Banks (RBC, TD, BMO, CIBC, Scotia)
~1%
~1%
Competitor rates are publicly advertised business-account rates as of July 2026 and may change. Comparison shown for illustration.
* 2.25% rate is only applicable on balances above $500,000

Deposit until October 15th and earn boosted interest until next year

1
Add net-new balance

You have 3 months from July 15 to grow your balance above your prior month's average. On October 15, 2026, your eligible "Boost" amount is locked in.

2
The boost kicks in

All funds you add above your average will immediately earn the promotional rate instead of the base rate.

3
Earn for 12 months

That net-new balance stays eligible for the boosted rate through the 12-month term until July 15th, 2027 (as long as you keep the same funds in your account).

4
Paid on the 5th

Boosted interest pays out on the 5th monthly, alongside your regular interest payout. You can read the full Terms here.

See what the boost is worth

Estimate the extra interest on the net-new balance you add during the promo. Your existing balance earns the standard 2%.

Current average balance
$500,000
New balance you'll add
$500,000
Extra interest over 12 months
CAD $1,875
Promo rate applied
2.75%
Total est. interest, year one
CAD $16,875
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Current average balance
$500,000
New balance you'll add
$500,000
Extra interest over 12 months
USD $1,875
Promo rate applied
3.00%
Rate rises up to 3.5% above $1M
in new-deposits - contact sales
Total est. interest, year one
USD $16,875
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What our customers are saying

See why more than 15,000 Canadian businesses across every industry are leaving traditional banking behind and choosing Venn as their complete business banking and expense management solution.

Built with security
at the foundation

15,000+

Businesses onboarded

$3+ Billion

Transacted on Venn

$26.5+ Million

Raised to date

Protected by CDIC

Eligible deposits are insured up to $100,000 CAD & USD, giving you confidence your money is safe.

Multi-factor authentication

Extra security at login and sensitive actions ensures only the right people can access your account.

Enterprise-level controls

Custom user roles, approval workflows, and spending restrictions keep your business protected at all times.

Real support, right here in Canada

Live chat with real humans. Always available, always local, and ready to help when you need it.

The details

Full terms in the fine print below.

Who is eligible for the boost?

All Venn customers — new and existing. The boosted rate applies only to net-new balance added during the promo window, not to your existing balance.

What counts as net-new balance?

Balance above your prior month's average daily balance. A deposit counts once it has landed in your account, not when it's initiated.

How long do I have, and how long does it last?

You have 3 months (until Oct 15, 2026) from July 15 to add net-new balance. That balance stays eligible for the boosted rate through the end of the 12-month term (until July 15th, 2027). You can see all the details here.

When is interest paid?

On the 5th of each month, at the same time as your regular interest payout.

How do I get the USD over $1M rate?

USD balances over $1M qualify for tiered rates up to 3.50%. Contact our sales team to set up your custom rate.

Put your idle cash to work before October 15th

Open a Venn account and start earning up to 3.5% on your net-new balance.

Join 15,000+ businesses using Venn
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