Scotiabank® Momentum Banking Bundle Offer

Terms & Conditions

You could get up to $350 more in cash back rewards and the annual fee waived for the first year on an eligible Scotiabank®* Momentum credit card account by opening all of the following Scotiabank accounts: a new Scotiabank Momentum® Chequing Account, a new eligible Momentum® Credit Card account and a new Scotiabank MomentumPLUS Savings Account (a “MPSA”) (each of the foregoing, an “eligible account”) and meeting all of these Terms and Conditions. Individuals who are holders of all eligible accounts in accordance with these Terms and Conditions have completed the “Momentum Banking Bundle”.

General Terms

1. This Scotiabank® Momentum®Banking Bundle Offer (the “Momentum Bundle Offer”), includes the $50 MomentumPLUS Savings Account Offer, the $200 Momentum Chequing Account Cash Offer, the Scotia Momentum® Credit Card Offer, and the $100 Momentum Bundle Bonus Offer (each, an “Offer”), all as described in further detail below.

2. This Momentum Bundle Offer is available starting March 1st, 2018 and will end June 30th, 2018 (the “Offer Period”).

3. You must be a Canadian resident to be eligible for any Offer.

4. Limit of one Momentum Bundle Offer per account.

5. This Momentum Bundle Offer (or any of the Offers) may not be combined with any other offers.

6. For joint bank accounts, only the named primary account holder on the account will be awarded the additional cash rewards part of the Momentum Bundle Offer. The application of the cash Offers to a joint eligible account may allow the other joint accountholder to become aware that you have other products with Scotiabank. By applying for, or accepting an offer, you consent to the offer being applied to the joint eligible account. Speak to your Scotiabank representative for more details.

7. To receive a bonus under any Offer, all eligibile accounts must be open and in good standing at the time the Offer is awarded.

8. An eligible Momentum®credit card account includes a Scotia Momentum® No Fee Visa*, a Scotia Momentum® Visa* card, a Scotia Momentum® Visa Infinite* card, or a Scotia Momentum® Mastercard®*. Credit card accounts are subject to credit review and approval. For joint eligible Momentum credit card accounts, a maximum of 1 bonus for each Offer will be applied to that account.

9. Momentum Bundle Offer applies to personal accounts only (excludes small business, corporrate or commercial accounts).

10. All rates and fees are subject to change. Scotiabank may change, withdraw or cancel this Momentum Bundle Offer (or any of the Offers) at any time without notice. Please visit www.scotiabank.com/momentumbundle for the most up-to-date terms and conditions.

$50 MomentumPLUS Savings Account Offer (the”$50 MPSA Offer”)

11. Receive $50 when you:

i. Open a new MPSA within the Offer Period; and

ii. Within the Offer Period you become the holder of all three eligible accounts.

12. Individuals who were holders of a Scotia Momentum Savings Account or a MPSA prior to the start of the Offer Period are ineligible for this $50 MPSA Offer.

13. The $50 bonus will be credited to your Scotiabank Momentum® Chequing account by September 30th, 2018.

$200 Momentum Chequing Account Cash Offer (the "$200 Offer")

14. Receive $200 when you:

i. Open a new Scotiabank Momentum Chequing account and become the holder of all three eligible accounts within the Offer Period; and

ii. within 60 days of opening your Scotiabank Momentum Chequing account within the Offer Period and no later than July 31st, 2018, you set up the following on your bank account and they clear:

a. 1 pre-authorized payroll deposit; or

b. 2 pre-authorized transactions,

where a “pre-authorized transaction” means a pre-authorized debit or a pre-authorized credit

15. The $200 Offer will be credited to your Scotiabank Momentum Chequing account by September 30th, 2018.

16. Existing Scotiabank chequing account holders are not eligible for this $200 Offer.

17. This $200 Offer is non-transferrable and cannot be duplicated or combined with any other offer that is not included in the Momentum Bundle Offer.

First Year Annual Fee Waiver on the eligible Scotiabank Momentum Credit Card plus other promotional rate offers as outlined below (each a “ Scotia Momentum® Credit Card ” offer)

18. All credit card offers may be changed or extended and cannot be combined with any other offer.

19. All rates and fees are as of March 1, 2018 and subject to change.

20. Offer applies to new eligilble Scotia Momenum credit card accounts (each an “Account”) only opened between March 1, 2018 and June 30, 2018.

21. Former or current Scotiabank credit cardholders that transfer from an existing Scotiabank credit card account or re-open a closed Scotiabank credit card account are excluded from this Offer.

22. Applicable terms and conditions of this Scotia Momentum® Credit Card Offer are based on the credit card type and are as follows:

a) Scotia Momentum® Visa Infinite* credit card

i. We will waive the annual fee for the primary card and each additional supplementary card for the first year (the “Offer”) for the Scotiabank Momentum Visa Infinite credit card account (the “Account”). Any additional supplementary cards must be issued by October 31, 2018 (“Offer End Date”), to qualify for the Offer. Offer applies only to new Accounts opened by the Offer End Date. Effective as of March 1, 2018, the annual fees on the Account are: $99 for the primary card and $30 for each additional supplementary card

b) Scotia Momentum® Visa *credit card

i. There is an introductory 2.99% interest rate that applies to cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions) only (the “Offer”) for the Scotia Momentum Visa credit card account (the “Account”). This Offer applies only if the new Account is opened by October 31, 2018 (the “Offer End Date”) and will continue for 6 months from that date (“the Promotional Period”). This Offer cannot be used to transfer a balance from another Scotiabank account, or to make a payment or deposit to another Scotiabank account. After the Promotional Period, the 2.99% interest rate on any promotional balances (including any that remain unpaid after the Promotional Period ends) will increase to the preferred interest rate on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions) that applies on your Account.

ii. The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions). Rates are subject to change.

iii. A 1% Promotional Rate Fee (minimum fee of $3.50) will be charged on the amount of any promotional rate cash advances (which includes balance transfer, Scotia® Credit Card Cheque and cash-like transactions).

c) Scotia Momentum® No Fee Visa* credit card

i. There is an introductory 7.99% interest rate applies to purchase only (the “Offer”) on the Scotiabank Momentum No Fee Visa credit card account (the “Account”). This Offer applies only if the new Account is opened by October 31, 2018 the (“Offer End Date”) and will continue for 6 months from that date (“the Promotional Period”). After the Promotional Period, balances at the promotional rate of 7.99% (including any unpaid balances) will increase to the preferred interest rate for purchases that applies on your Account.

ii. The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions). Rates are subject to change.

d) Scotia Momentum® Mastercard®*

i. The introductory 7.99% interest rate applies to purchases only. This rate applies when the new Scotiabank credit card account (“Account”) is opened and will then continue for 6 months from that date (“the Promotional Period”). After the Promotional Period, balances that were at 7.99% (including any unpaid balances) will increase to the preferred interest rate for purchases on your Account. Purchases exclude refunds, returns or other similar credits, payments, cash advances, balance transfers, Scotia Credit Card Cheques, interest, fees or other charges.

ii. The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions). Rates are subject to change.

$100 Momentum® Bundle Bonus Offer (the “$100 Momentum Bonus Offer”)

23. You will receive the $100 Momentum Bonus Offer if:

i. you have all three eligible accounts and at least one of those eligible accounts was opened within the Offer Period; and

ii. within the Offer Period and no later than July 31st, 2018, you set up the following on your bank account and they clear:

a. 1 pre-authorized payroll deposit; or

b. 2 pre-authorized transactions of at least $25 each,

where a “pre-authorized transaction” means a pre-authorized debit or a pre-authorized credit

24. You are not eligible for this $100 Momentum Bonus Offer if, prior to the Offer Period, you were a holder of all three eligible accounts and/or already had a pre-authorized transaction set up on your bank account.

25. The $100 Momentum Bonus Offer will be credited to your Scotiabank Momentum Chequing account by September 30th, 2018.

® Registered trademark of The Bank of Nova Scotia

TM Trademark of The Bank of Nova Scotia.

* Visa Int. / Licensed User.