Scotiabank MomentumPLUS Savings Account

No Monthly Fees


Regular3 + Premium Interest4
 + Bonus Interest1


  No Minimum Balance

Get the promotional rate of up to 3.20% with:

Rates table


See how much you can save

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Account Details

Monthly Record-keeping Options and Fees, for complete details review Summary of Account Fees.

Core Account Features & Fees
Monthly Account Fee Free
No. of Self-Service Transfers5 Unlimited
Charge for Each Debit Transaction that is not a Self-Service Transfer $5.005
Account Extra
Easy access to funds Easy access to funds through Scotia OnLine, mobile, and customer contact centre
Paperless Statement Free
Paper Statement N/A
CDIC Eligible6 Yes
Interest Rate
Interest paid on every dollar you save. Current Interest Rates.

Helpful Additional information

Great services to help you manage your money.

Online & mobile banking

Manage, move and monitor your money from wherever you are, whenever you want.

Find out more
MomentumPLUS Savings Account tracker

Easily track your extra interest earned through Scotia OnLine and Mobile Banking.

Eligible for CDIC Insurance6

Please see CDIC Deposit Insurance information for further details.

Summary of monthly recordkeeping options & account fees

For complete details, refer to the Account Fees at a Glance page.

Free Add-Ons

Make saving easier with these convenient add-ons.

Pre-Authorized Contributions

Save automatically. It's the easiest way to save for the things that matter to you.


Account Selector

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Chequing & Savings Comparison Tool

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Moneyback Calculator

Discover how much money back you can earn.

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Pay Yourself First Tool

See how Paying Yourself First can help you meet your savings goals.

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Scotiabank MomentumPLUS Savings Account

In person

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The longer you save, the higher your interest rate.

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