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Micro Business Banking Package

Banking for Entrepreneurs and Small Business Owners

When you are starting or running a business, it's easy to get caught up in day-to-day operations and put off taking care of your business and personal long-term financial health.

Our Micro Business Banking Package was created as part of our award-winning Community Microfinance Program to provide entrepreneurs access to holistic financial advice and customized product offerings designed to help you build and grow your business.

The Micro Business Banking Package includes:

A male tailor in his studio

Business Basic Account

Features:

  • Monthly fee: No monthly fee for 6 months¹ 
  •  15 day-to-day transactions²
  •  Your choice of monthly, quarterly, or annual e-statements
  • In-branch cash deposit up to $1,000 per day³
Two women working in a plant shop/greenhouse

Personal Basic Chequing Account*

Features:

  • No monthly fee for 6 months⁴
  • 20 day-to-day transactions²
  •  Easy online and mobile banking access, including Interac e-Transfer
  • Access to over 43,000 surcharge-free ATMs via THE EXCHANGE™ network
woman working in a small bakery

Alterna's MicroSavings Program

Healthy savings are essential for micro and small entrepreneurs. This innovative service encourages savings by allowing account holders to set up automatic monthly payments to a savings account for a pre-determined term.

Contact us today to learn more

Book an Appointment

Additional Products and Services

Credit Cards

We have a credit card to fit your lifestyle. Whether you’re looking for valuable reward points, unique partner benefits or simply lower fees, you can choose the card that's right for you.

Learn More

Partner Services: Staples Studio

Canada's most integrated co-working community, providing products, services and learning to help businesses, entrepreneurs, and remote workers achieve their goals. 

Book an Appointment

¹$10 monthly fee after 6-month introductory period
²Deposits, Cheques, Pre-authorized payments, Debit card transaction (point of sale), In-branch withdrawals and transfers, Alterna ATM withdrawal and transfers,
Online and automated telephone banking bill payments, Online and automated telephone banking transfers
³Each deposit transaction counts towards the day-to-day transactions included in your package.
⁴$4 monthly fee after 6-month introductory period
⁵The Alterna Visa credit card is issued by Collabria Financial Services Inc. pursuant to a license from Visa. Visa is a trademark of Visa Int. and is used under license.

*Eligibility Requirements to qualify for the 6-month monthly fee wavier
a. Provide Alterna with a valid email address
b. Complete at least one (1) eligible transaction of at least $25 of any of the following categories in
the Personal Basic chequing account within 90 days of account opening.
- Interac® Debit Transaction (Point of Sale)
- Send, request, or receive Interac® e-Transfer
- Bill Payment via Online Banking or the Alterna mobile app
- Set up a recurring bill payment

*Subject to Staples terms and conditions.

Your financial well-being comes first

Welcome to a better way to bank. Our knowledgeable team puts your financial well-being first with good, caring and transparent advice while offering all the products and services you need.
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1.877.560.0100
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getintouch@alterna.ca