Pay Yourself First

The easiest way to save regularly is to immediately put some money aside as soon as you get paid. You can make this automatic and you won’t even have to think about it.

Our Automatic Savings Plan lets you transfer a set amount to your Savings Account on a regular basis, and customize when you’d like to make payments and how much you'd like put aside.

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The Scotiabank Home Savings Plan helps you save for your home now, and when you’re ready to finance with a Scotiabank Mortgage, we top up your savings.

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The Scotiabank Education Savings Plan helps you plan and save for your child’s higher education by offering discounts off your future borrowing costs.

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And as an extra reward for good saving habits, all contributors to the ASP and SHSP are eligible for our Scotiabank Savings Reward Plan, which lets you earn 1% bonus interest on the annual average monthly balance of your contributions made during the one-year term.1

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1 Less any withdrawals you make that are offset by an equal or greater lump-sum deposit.