Powerchequing® Account

Right for you if:

  • You don't perform many transactions
  • You need something that's simple and low-cost
Apply Today
  • 12 debit transactions per month including:
    • Cheques
    • Interac Direct Payment purchases
    • Cash withdrawals, account transfers and bill payments
  • Monthly fee waived when you maintain a minimum daily balance of $1,000
  • SCENE Rewards
  • Overdraft protection (subject to credit approval) is also available; regular fees apply
  • Eligible for CDIC Coverage

Rates & Fees

$3.95

/month

Up to 12

debit transactions (any type) per month

$0

No charge for
paperless recordkeeping

Fees

  • $3.95 monthly fee, which includes 12 debit transactions
  • Monthly fee waived when you maintain a minimum daily balance of $1,000
  • Additional transactions exceeding the monthly limit of 12 are charged at $1.00 each
  • Summary of Account Fees
  • Recordkeeping Options
    Paperless No Charge
    Paper Statement1 $1.00/month
    Paper Statement with Cheque Image Return $2.00/month
    Passbook1 $2.00/month
  • Interest
    No interest is paid on this account

Additional Information

Adobe Acrobat Reader is needed to download PDF brochures.

  • Day-to-Day Banking Companion Booklet
    PDF: 499 kb
    Download

Account Combos

Take advantage of our combo offers. Some things are just better together.

SCENE® Program +

Powerchequing Account

SCENE is the only movie rewards program that lets you earn points+ for free movies at Cineplex theatres and more. ‡

Apply now

Bank the Rest®+

Powerchequing® Account

With our Bank The Rest savings program, you can spend and save just by using your Scotiacard® debit card.

Apply now

Account Add-ons and Other Features

Many services are available to you just for being a Scotiabank customer.

  • Bank-to-Bank Transfer Service We know your time is valuable so we have introduced a free, quick and convenient way to consolidate your savings into a competitive interest account. More details
  • Scotia® InfoAlerts Receive text message or email alerts that keep you up-to-date on account balances and transactions, account limits, account activity, and security-related activities. More details
  • Scotia Simple Switch The Scotia Simple Switch® program is a free service providing you with a convenient and hassle-free way to transfer your bank account to Scotiabank. More details
  • Interac*** e-Transfer Send money to, and receive money from, anyone with a Canadian bank account. More details
  • Western Union When you need to send money to loved ones, count on Western Union Money Transfer®* services to do it quickly and conveniently. More details
  • Direct Deposit Direct deposit is the quick and easy way to have cheques deposited to your account electronically for easy access to your money. More details
  • Scotia Plus Eligible Enjoy an array of specialty banking services when you turn 59. More details
  • Pre-Authorized Contributions Set up an automatic investment plan with a little as $50 per month. Regular contributions give you the benefits of compound investing and dollar cost averaging. More details
Tools It's easy to achieve your goals.

Account Selector

Let us help you find the right account.

Use this tool

SCENE Calculator

See how fast points rack up with the SCENE Calculator.

Use this tool

Bank The Rest calculator

See how much money you'll save monthly with your regular debit card purchases.

Use this tool
Videos See our latest demos and videos.
Save Automatically 0:54 min | Transcript
Talk to a Scotia advisor and find out how you can save $1,500 or more a year - without the "big lecture". We've made it easy to save more every year in three simple ways. Watch video
SCENE ScotiaCard 0:30 min
Earn movie rewards and more. Watch video
SCENE Program + Scotiabank 2:32 min | Transcript
You may never have to pay for a movie again. See how easy it is with a SCENE membership. Watch video

Ready to apply

What do I need to apply?
  • PhoneTakes about 8 minutes 1(800)472-6842 Mon-Fri (8am-6pm)
  • In person Make an appointment at your local branch Find a local branch
  • Online 3 easy steps, 100% safe and secure Apply Today
  • 1This fee does not apply to participants in the Scotia Plus® Program for Seniors. Read More
  • +Maximum 300 points per transaction. Maximum 600 points per day.
  • ‡ In the event of a return and/or exchange of any purchase for which SCENE Points were allocated, SCENE Points will be deducted automatically from your SCENE membership account. SCENE points can only be redeemed at participating Cineplex Entertainment theatres or scene.ca for other points offers (or rewards). Some conditions and limitations apply. Visit scene.ca for complete details. Points accumulated using the SCENE ScotiaCard will be updated within 2-3 business days for debit transactions.
  • *** Interac trademark
  • ®* Western Union
  • ® Scotia InfoAlerts trademark