Primary Savings Account
If you're new to Scotia and would like to open an account, here's what you'll need.
- Save money on fees: No monthly fee if you maintain the minimum required balance.
- Earn more: Sign up to the Scotiabank Savings Reward Plan and earn a bonus of 1% interest on automatic savings plan contributions.2
- Convenience: Make unlimited deposits and transfers between your account at Scotiabank ATMs. Unlimited access to Scotia App and OnLine Banking.
With the Primary Savings account, you won't pay a monthly fee if your account balance remains above $300. Perform unlimited transactions at Scotiabank ATMs.2
- A fee will be applied if your balance falls below $300 over the course of the month.
- Interest calculated on the minimum monthly balance and paid monthly.
- Eligible for Scotiabank Savings Reward Plan enrollment.2
- Mobile Banking app available for iOS, Android and Blackberry.
- Quarterly e-statements available.
A per transaction fee will apply for in branch/ cheque transactions, including branch deposits.
Subject to approval as dictated by the Terms and Conditions