Change Your Account

It's as simple as 1-2-3!

If there is another Scotiabank account that is more suitable to your banking needs, it's easy to change your account in 3 simple steps.

To change your account, you can:

Step 1: Verify that your account is eligible for online change

This is another great benefit. While your money is in the RESP, you don't pay tax on the interest, dividends or capital gains that you earn. So when your kids go to college or university, you'll have more money to give them.

The following accounts can be changed online:

  • Basic Banking Account
  • Basic Banking Plan
  • Scotia One Account
  • Scotia Value® Account1
  • Blue Chip Account1
  • Money Master® Savings Account

All accounts can be changed by calling 1-800-4-SCOTIA (1-800-472-6842 or by visiting your Scotiabank branch.

To consolidate or close accounts, please visit your Scotiabank branch.

Step 2: Choose your new account

If you already know which account you'd like, go to step 3.

If you aren't certain which account is best for you, let our Account Selector Reality Check® find it for you. You may also choose to review a summary of account fees.

Step 3: Make the Change

With your intended changes, call 1-800-4-SCOTIA (1-800-472-6842), select online change, or visit your Scotiabank branch.

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When will the changes be completed?

Please allow up to two weeks for completion of online changes and three business days for requests made through 1-800-4-SCOTIA.

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