Overdraft Protection

Ensure that you are never caught short again.

Convenience & Peace of Mind


Benefits that are included:

  • Cheques, withdrawals, pre-authorized payments, and Interac*** direct payment purchases are honoured up to your predetermined overdraft limit
  • Minimum overdraft protection available of $250 and to a Maximum limit1 of $5,000
  • No monthly fee if service is not used

Plan for Unexpected Expenses

For more information or to arrange your Overdraft Protection, visit your Scotiabank branch, login to Scotia OnLine or call 1-800-472-6842.

Fees
$5.00 fee applies in each month in which your account is overdrawn a day or more. In addition, interest is also payable on overdrawn balances, calculated daily at 19% (per annum), charged monthly.

Account must have a positive balance at least once every 30 days.

Overdraft Under the Scotia Total Equity Plan
The Scotia Total Equity® Plan is an innovative borrowing plan that has the flexibility to accommodate your changing needs. It allows you to use the equity in your home to gain control of your entire credit portfolio and lower the cost of your borrowing. To arrange Overdraft Protection under your Scotia Total Equity Plan, visit your Scotiabank branch.

Prefer to talk to us?

Call us and let us help: 1-800-472-6842



Scotia OnLine Customer?

Apply or increase your limit

  • 1Subject to credit approval.