Scotiabank MomentumPLUS Savings Account

The savings account that earns you more

The longer you save, the higher your interest rate

The savings account that rewards you with regular interest and extra interest for saving even longer. Now you can earn bonus interest for all new money deposits.

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Existing customer? Open your account

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Have a MomentumPLUS Savings account?
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Take advantage of this bonus interest offer.

No Monthly Fees
Regular + Premium Interest
No Minimum Balance

Top reasons to choose this account

  • Choose the Premium Period that’s right for you: 90, 180, 270 and/or 360 days. A higher premium period earns a higher premium interest rate, if no withdrawals are made.
  • Access your account 24/7 with Scotia OnLine or mobile banking. ABM and POS are not available.
  • Unlimited transfers to Scotiabank accounts using online, mobile, or telephone banking.

Helpful Account Services

Great services to help you manage your money

Online & mobile banking

Manage, move and monitor your money from wherever you are, whenever you want. Find out more.

MomentumPLUS Savings Account tracker

Easily track your extra interest earned through Scotia OnLine and Mobile Banking.

Additional Information

Eligible for CDIC Insurance

Please see CDIC Deposit Insurance information for further details.

Summary of monthly recordkeeping options & account fees

For complete details, refer to the Account Fees at a Glance page.

Free Add-Ons

Make saving easier with these convenient add-ons.

Pre-Authorized Contributions

Save automatically. It's the easiest way to save for the things that matter to you


Account Selector

Find the right account for me.

Chequing & Savings Comparison Tool

Find the one that's right for you. .

Moneyback calculator

Discover how much money back you can earn

Pay Yourself First Tool

See how Paying Yourself First can help you meet your savings goals.