Scotiabank Chequing

by Anshul
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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.

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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: up to $700 Cash Bonus available until July 2, 2026
    • $500 Welcome Bonus when you open a new Preferred Package or Ultimate Package bank account and fulfill the following;
      • Set up and receive one eligible automated recurring direct deposit (like a payroll or pension) within 6 months.
      • Set up and make two eligible pre-authorized transactions for things like your mortgage, insurance or rent. Each transaction must be at least $50, separate, and recur for 6 months.
      • Make one eligible bill payment (like a phone or utility bill) of at least $50 with online or mobile banking.
    • $100 additional bonus when you;
      • Meet all conditions of the $500 offer
      • Within 60 days of opening your chequing account and before July 2, 2026, open a new Money Master Savings Account
      • And set up either Pay Yourself First or the Savings Finder tool. Stay enrolled for at least 90 days in a row
    • $100 additional bonus when you;
      • Meet all conditions of the $500 offer
      • Open your eligible registered account within 60 days of opening your new chequing account and before July 2, 2026.
      • Within 60 days of opening your new eligible registered account, contribute or transfer in $5,000 to it. To qualify, you must keep this in your account for at least 90 days in a row.
  • 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.

A detailed list of benefits and perks of the account is listed here

Scotiabank Preferred Package – Apply Now

    • 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: up to $700 Cash Bonus available until July 2, 2026
      • $500 Welcome Bonus when you open a new Preferred Package or Ultimate Package bank account and fulfill the following;
        • Set up and receive one eligible automated recurring direct deposit (like a payroll or pension) within 6 months.
        • Set up and make two eligible pre-authorized transactions for things like your mortgage, insurance or rent. Each transaction must be at least $50, separate, and recur for 6 months.
        • Make one eligible bill payment (like a phone or utility bill) of at least $50 with online or mobile banking.
      • $100 additional bonus when you;
        • Meet all conditions of the $500 offer
        • Within 60 days of opening your chequing account and before July 2, 2026, open a new Money Master Savings Account
        • And set up either Pay Yourself First or the Savings Finder tool. Stay enrolled for at least 90 days in a row
      • $100 additional bonus when you;
        • Meet all conditions of the $500 offer
        • Open your eligible registered account within 60 days of opening your new chequing account and before July 2, 2026.
        • Within 60 days of opening your new eligible registered account, contribute or transfer in $5,000 to it. To qualify, you must keep this in your account for at least 90 days in a row.
    • 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.

A detailed list of benefits and perks of the account is listed here