Scotia Running Start for business
Right for you if:
- Your business is less than 2 years old
- You want savings on bundled personal or business banking services
- $0 monthly fee for first 3 monthson Account Plan for business.
- $0 monthly fees for first 5 monthson Credit Line for business or Credit Line for agriculture Overdraft Facility.
- 3 months of free banking on a new Scotia One account.
- Special personal lending offers6.
New to Canada?
The Scotiabank Startright for business program can help you finance your business.
Business Banking and Borrowing§
- $0 monthly plan fee for the first 3 months on Account Plan for business, Account Plan for agriculture™ or Scotia Professional® Plus Account Plan with monthly plan fee waived for 3 months.1
- Get a Scotia Momentum® for business VISA* card with the annual fee waived for the first year†
- Credit Line for business¥ or Credit Line for agriculture¥ with the standard monthly credit facility fee waived for the first five months on new accounts2
- Overdraft Protection for business¥ with the standard monthly credit facility fee wavied for the first five months3
- ScotiaLine® for business VISA card at Scotiabank prime for the first six months on new accounts3
- Term Loan for business and Term Loans for agriculture with principal payment deferral on Government Guaranteed Loans5
Personal Banking and Borrowing
- 3 months free banking on a new eligible banking account6
- Special personal lending offers‡¥
Canadian Federation of Independent Business (CFIB)™ᴧ
- 6 month free trial membership
Accounting Software from Intuit®*
- 1 free year of Quickbooks Online©*
- Plus save 25% on TurboTax
D + H™* Logo Design Service
- Up to 4 colour logo design with 1 revision
- Up to 4 colour business cards with logo (limited quantity)
- Discounted price of $149, retail value of over $500.00
Chase Paymentech™†: Make More, Save More
Fast, reliable and affordable payment processing with a partner you can trust. Sign up with Chase Paymentech, receive savings of more than $250 with:
- A one-time $200 Rebate8
- No Application Fee
- No additional cost for merchant deposits into your Scotiabank business banking account†*
Scotia Plan Writer® for business
- Leading edge and easy-to-use interactive business planning tool
- Step-by-step instructions and advice on how to write, organize and use your business plan
- Interactive spreadsheets and calculators
- Ability to download to word processing software for printing and distribution
Take the next step
- 1 Monthly plan fees, payment, transaction and additional service fees are published in Your Guide to Fees and Interest Schedules or on individual service agreement forms and are subject to change from time-to-time. Offer expires on July 31, 2015 and we reserve the right to extend. Read More
- 2 The standard monthly credit facility fee is $25 per month as of July 1, 2014. Subject to change.
- 3The standard monthly credit facility fee is $5 per month as of July 1, 2014. Subject to change. Note: Business accounts can have only one credit facility applied per account; either Opfb or CLfb.
- 4 Scotiabank Prime means the prime lending rate of The Bank of Nova Scotia as published from time-to-time. The interest rate is variable and will vary automatically on the day Scotiabank Prime changes. Scotiabank Prime as of July 1, 2014 is 3.00% and is subject to change without notice. After six months, the interest rate will increase to the prevailing interest rate for the card (Scotiabank Prime + 2.49% to Scotiabank Prime + 5.49%) on an unsecured basis, subject to credit approval. Rates as of July 1, 2014 subject to change without notice.
- 5 Up to 12 months deferral. Subject to credit approval. Standard interest charges are applicable.
- 6 Offer available on eligible Day-to-Day Banking account when you use our free Scotia Simple Switch program to transfer at least one pre-authorized transaction from your account at another financial institution to Scotiabank. Free banking means that we will waive your Monthly Account Fee only. All other fees not covered by your banking package will continue to apply, including fees charged by other financial institutions and access fees to use non-Scotiabank banking machines (e.g. Interac, VISA* or PLUS* fees). Cardholder service fees continue to apply for using cross border debit service. Please see the Day-to-Day Banking Companion Booklet for further details about these services and fees.
- 7 Certain terms and conditions apply. Rebate offer available in Canada until August 31, 2015. Rebate only available for new merchants to Chase Paymentech referred by Scotiabank who have a Scotia Running Start for business package and enter into a merchant agreement to purchase all of their point-of-sale, credit and debit card processing services from Chase Paymentech. All applications are subject to credit approval. Rebate not available for merchants who otherwise qualify for promotional, preferred, group or other special pricing. The Rebate will only be applied to one merchant account and once over the course of the merchant’s relationship with Chase Paymentech. Chase Paymentech reserves the right to determine which merchants are eligible for offer and is under no obligation to deem a merchant eligible. Rebate will be applied to the merchant account within 6-8 weeks after processing begins. This offer is subject to withdrawal or change at any time without notice.
- § Package components are available to new Scotia Running Start for business banking package customers and subject to change without notice.
- * Trademark of Visa International Service Association and used under license
- † The introductory annual fee waiver only applies to the initial annual fee for the primary and additional cards. The Scotia Momentum® for business VISA* card’s regular interest rate is 19.99% for purchases. For cash advances, balance transfers and Scotia Credit Card Cheques the interest rate is 21.99%. The regular annual fee is $49 per year for the first card issued on the account; additional cards are charged an annual fee of $29 per year per card when issued, regardless of card activation and will be billed to your first statement and once a year thereafter. Offer applies to new accounts opened by August 31, 2015. Any additional cards must be issued by August 31, 2015 to qualify for the offer. Rates and fees as of September 1, 2013 and are subject to change without notice.
- †* Fees are waived for Chase Paymentech customers using the Scotiabank Business Account Plan. You are subject to a $1.00 transaction fee for each of your Visa, MasterCard and Interac deposit transactions if you process payments with anyone other than Chase Paymentech.
- ®* Registered trademark of Intuit Canada ULC, 2014. All rights reserved. Intuit and the Intuit logo, among others, are trademarks of Intuit ULC or one of its affiliates, registered in Canada and other countries. Intuit shall have the right to change or add to the terms of the license at any time & to change, discontinue or impose conditions on any aspect of the Software & related services in accordance with the then effective discontinuation policy available at www.quickbooks.ca/discontinuation-policy.
- ™ᴧ Trademarks of Canadian Federation of Independent Business
- ™* D+H Limited Partnership. D+H and its logos are trademarks of D+H Limited Partnership.
- ™† Trademark of Chase Paymentech Solutions LLC. Chase Paymentech Solutions authorized user.
- ‡ As us for details at any Scotiabank branch.
- ¥ Subject to credit approval and/or security provided. Interest charges are applicable.