Float Financial slashes Essentials yield to 2.5%, adds spend-eligibility catch
High-interest yield on CAD/USD business account balances cut from up to 3.5% to up to 2.5% interest, consistent across the Essentials plan card, feature comparison table, and onboarding copy.; 'Implementation support' entry now carries a footnote (4) tying it to a qualifying spend threshold, adding an eligibility caveat that wasn't previously attached to this benefit.
What changed
'Implementation support' entry now carries a footnote (4) tying it to a qualifying spend threshold, adding an eligibility caveat that wasn't previously attached to this benefit.
High-interest yield on CAD/USD business account balances cut from up to 3.5% to up to 2.5% interest, consistent across the Essentials plan card, feature comparison table, and onboarding copy.
Before and after
Aug 31, 2026 vs Sep 7, 2026'Implementation support' entry now carries a footnote (4) tying it to a qualifying spend threshold, adding an eligibility caveat that wasn't previously attached to this benefit.
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