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I prefer banking that is tailored to fit my unique needs and lifestyle. That’s precisely what Scotiabank accounts aim to deliver – a diverse range of chequing and savings accounts catering to your financial requirements. Whether you’re a tech-savvy mobile banking enthusiast, someone who values personalized financial advice, or a shopper who seeks convenient payment options like VISA Debit and Interac Flash, Scotia accounts have you covered. Enjoy free credit score checks, mobile cheque deposits, and rewards on everyday purchases. The key to saving on bank fees starts with choosing the correct account. Let’s explore the range of Chequing and Savings account options offered by Scotiabank.
Scotiabank Ultimate Package – Apply Now
- Monthly Fees: $0* or $30.95 (*No monthly account fee by maintaining a minimum daily closing balance of $6,000 for the entire month)
- Welcome Bonus: Earn up to $1000 when you bundle an eligible banking package, savings account, and eligible Credit Card and complete certain qualifying transactions/conditions* (Bonus available until October 29, 2026)
- $700 Welcome Bonus when you open a new Preferred Package or Ultimate Package bank account during the offer period, and fulfill the following;
- Within 60 days of Eligible Chequing Account opening, set up and receive at least one eligible automated and recurring direct deposit, such as payroll or pension, which will recur monthly for a minimum of six (6) consecutive months in total; and
- Within 60 days of Eligible Chequing Account opening, complete any one (1) of the following activities:
- Set up and make a minimum of one (1) eligible recurring pre-authorized transaction with a value of at least $50 which will recur monthly for a minimum of six (6) consecutive months, or
- Make at least one (1) eligible online bill payment of at least $50 through the Scotiabank Mobile App or through Scotia OnLine, or
- Complete at least one (1) eligible Visa* Debit purchase using your ScotiaCard® anywhere Visa* Debit is accepted. Only the following Visa Debit transaction types are eligible: online debit purchases, and in-store purchases made outside of Canada.
- $200 Money Master Savings Account Bundle Conditions – To qualify for a $200 cash bonus, you must meet all of the conditions for the $700 Package Bonus, and;
- During the Offer Period and within 60 days of opening your Eligible Chequing Account:
- Open a new Money Master Savings Account
- Enroll your new Eligible Savings Account in either the Pay Yourself First or the Savings Finder tool
- Remain enrolled in your selected Smart Savings Tool for 90 consecutive days.
- During the Offer Period and within 60 days of opening your Eligible Chequing Account:
- $100 Credit Card Bundle Bonus Conditions – To be eligible to receive a $100 cash bonus, you must meet all of the conditions for the $700 Package Bonus, and:
- Within 60 days of opening your Eligible Chequing Account, you must apply for and be approved for an Eligible Credit Card Account in which you are the primary cardholder; and
- Within 60 days of opening your Eligible Credit Card Account, you must complete at least one Qualifying Purchase on your Eligible Credit Card Account.
- $700 Welcome Bonus when you open a new Preferred Package or Ultimate Package bank account during the offer period, and fulfill the following;
- Perks and Benefits:
- Unlimited Debit Transactions
- Unlimited No-fee Scotia International Money Transfer
- Unlimited Interac e-Transfer Transactions
- Unlimited free Global non-Scotiabank ABM withdrawals
- No Overdraft Protection fee
- No monthly account fee on a Basic Plus Bank Account (save up to $143 annually)
- Preferred rates on select GIC’s
- No monthly account fee on a Scotia® U.S. Dollar Daily Interest Account
- Credit Card Perks: First-year annual fee waiver (up to $150) on select credit cards.
- Free small safety deposit box ($60 annual fee waived
- 10 free equity trades at Scotia iTRADE in your first year (approximately $100 value) and 5 free equity trades every year after
- Scene+ Program: Access exclusive offers and rewards through the Scene+ Program;
- 1 Scene+ point for every $5 spent on everyday purchases.
- 1 Scene+ point for every $1 spent at Cineplex.
- Redeem Scene+ points for travel, shopping, entertainment, dining, banking, and more.
* Refer to the Scotiabank page for up-to-date offer terms and conditions.
Scotiabank Preferred Package – Apply Now
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- Monthly Fees: $0* or $16.95 (*No monthly account fee by maintaining a minimum daily closing balance of $4,000 for the entire month)
- Welcome Bonus: Earn up to $1000 when you bundle an eligible banking package, savings account, and eligible Credit Card and complete certain qualifying transactions/conditions* (Bonus available until October 29, 2026)
- $700 Welcome Bonus when you open a new Preferred Package or Ultimate Package bank account during the offer period, and fulfill the following;
- Within 60 days of Eligible Chequing Account opening, set up and receive at least one eligible automated and recurring direct deposit, such as payroll or pension, which will recur monthly for a minimum of six (6) consecutive months in total; and
- Within 60 days of Eligible Chequing Account opening, complete any one (1) of the following activities:
- Set up and make a minimum of one (1) eligible recurring pre-authorized transaction with a value of at least $50 which will recur monthly for a minimum of six (6) consecutive months, or
- Make at least one (1) eligible online bill payment of at least $50 through the Scotiabank Mobile App or through Scotia OnLine, or
- Complete at least one (1) eligible Visa* Debit purchase using your ScotiaCard® anywhere Visa* Debit is accepted. Only the following Visa Debit transaction types are eligible: online debit purchases, and in-store purchases made outside of Canada.
- $200 Money Master Savings Account Bundle Conditions – To qualify for a $200 cash bonus, you must meet all of the conditions for the $700 Package Bonus, and;
- During the Offer Period and within 60 days of opening your Eligible Chequing Account:
- Open a new Money Master Savings Account
- Enroll your new Eligible Savings Account in either the Pay Yourself First or the Savings Finder tool
- Remain enrolled in your selected Smart Savings Tool for 90 consecutive days.
- During the Offer Period and within 60 days of opening your Eligible Chequing Account:
- $100 Credit Card Bundle Bonus Conditions – To be eligible to receive a $100 cash bonus, you must meet all of the conditions for the $700 Package Bonus, and:
- Within 60 days of opening your Eligible Chequing Account, you must apply for and be approved for an Eligible Credit Card Account in which you are the primary cardholder; and
- Within 60 days of opening your Eligible Credit Card Account, you must complete at least one Qualifying Purchase on your Eligible Credit Card Account.
- $700 Welcome Bonus when you open a new Preferred Package or Ultimate Package bank account during the offer period, and fulfill the following;
- Perks and Benefits
- Unlimited Debit Transactions
- Global Money Transfers: Send money globally for just $1.99 with Scotia International Money Transfer
- Unlimited Interac e-Transfer Transactions
- Preferred rates on select GIC’s
- Credit Card Perks: First-year annual fee waiver (up to $150) on select credit cards.
- No monthly account fee on a Scotia® U.S. Dollar Daily Interest Account
- Trade 1 Get 1 Free at Scotia iTRADE® – Get 20 free trades (stock or ETF) on the mobile app in your first year and 10 free trades every year after.
- Scene+ Program: Access exclusive offers and rewards through the Scene+ Program;
- 1 Scene+ point for every $5 spent on everyday purchases.
- 1 Scene+ point for every $1 spent at Cineplex.
- Redeem Scene+ points for travel, shopping, entertainment, dining, banking, and more.
* Refer to the Scotiabank page for up-to-date offer terms and conditions.