Scotiabank Momentum Chequing AccountGet 1% Cash Back On Everything You Buy. Get $200 when you open an account online1
Seniors fee (age 60+)
3 easy steps
100% safe & secure
Top reasons to choose this account
1% cash back on your debit purchases – up to $300 back every year
Unlimited self-service transactions1
Two free withdrawals every month from non-Scotiabank machines in Canada
2 Free Interac e-Transfers per month2
Monthly Record-keeping Options and Fees, for complete details review Summary of Account Fees.
|Core Account Features & Fees
$11.95 after Seniors Discount
|Number of debit transactions
||Unlimited self-service debit transactions and 1 free teller-assisted transaction
|Charge for additional debit transactions
||$1.50/each additional teller-assisted transaction
|Minimum daily balance to waive fee
||1% money back on all debit Point of Sale purchases as well as Interac Online and Cross Border Debit, to a maximum of $300 per year
||2 Free Interac e-Transfers per month2
||2 FREE Interac withdrawals/month from non-Scotiabank ABMs in Canada
||1 FREE teller transaction per month
||Optional Scotia Moneyback branded ScotiaCard available
||Personalized cheques can be purchased
||Discounted Seniors banking (age 60 and over)
|Record-Keeping Charges may apply for additional record-keeping services
|Paper statement with cheque image return
|No interest is paid on this account.
Helpful Account Services
Great services to help you manage your money
Free Scotia® InfoAlerts
Receive an email, text message, or in app push notification when important account activity happens.
Manage everyday expenses knowing you won't be caught short of funds.
All you need is an email address and you can send money to friends and family who have a Canadian bank account.
Global ATM Alliance
Travelling? Use selected ABMs to withdraw cash and avoid paying access fees.
Forgot your wallet? Use your smartphone to pay for small everyday purchases.
A perfect way to send funds to family and friends worldwide.
Make saving easier with these convenient add-ons.
Bank The Rest® Savings Program
Spend and save just by using your ScotiaCard® debit card.
Save automatically. It's the easiest way to save for the things that matter to you
You'll need Adobe Acrobat Reader to download PDF brochures.
Additional fees apply for shared ABM services, cross-boarder debit transactions and other banking services not included in the Momentum Chequing account package.
Only the first 2 Interac e-transfers you make each month through Scotia Online or Scotiabank Mobile banking (using your AndroidT™* phone, or iPhone or iPad mobile devices) are free. Unused free Interac e-transfers cannot be carried forward to subsequent months.
Interac, Interac Flash and Pay in a flash are trademarks of Interac Inc. Used under license.
® Western Union
Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are insurable under the Canada Deposit Insurance Corporation Act.
To earn up to $500, you must (1) open a Scotiabank Momentum Chequing Account online through Scotiabank.com between January 1, 2018 and March 31, 2018, (2) set up your payroll so that it is deposited into your Eligible Account or set up a minimum of 2 pre-authorized transactions for a minimum of $25 per transaction, and (3) earn the annual maximum cash reward on the first $30,000 of Qualified Purchases made by October 31, 2018. See full Terms and Conditions for more details.
Claim is based on debit cards publicly offered by other Schedule I banks as at January 8, 2018. 'Cash back debit card' refers to a debit card with which you can earn cash rewards based on a fixed percentage of the value of eligible purchases you make using the debit card.
Registered Trademark of The Bank of Nova Scotia