Savings Accelerator Account

No monthly fee, and competitive interest rates.
Savings Accelerator Account

Quarterly Personal Portfolio Statements

Free

No-fee transfers to your other Scotiabank accounts

Unlimited

Existing customer?
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Top reasons to choose this account

  • Available in Tax Free Savings Accounts and other Registered plans 1

  • Unlimited no-fee self-service transfers to your other Scotiabank accounts 2

  • No monthly fees

  • Eligible for CDIC insurance 3 Please see CDIC Deposit Insurance Information for further details.

  • Account Details

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

    Core Account Features & Fees
    Monthly Fee Free
    Number of debit transactions Unlimited no-fee transfers to your other Scotiabank accounts using Scotia OnLine, Mobile Banking and Customer Contact Centre
    Charge for other debit transactions $5.00/each
    Account Extras
    Flexible Plans Available in Registered and Non registered Plans
    Statements Free Quarterly Personal Portfolio Statements
    Record-Keeping 
    Charges may apply for additional record-keeping services

    Paperless Free
    Paper statement N/A
    Interest Rate
    Current interest rates

    Helpful Account Services

    Great services to help you manage your money

    Free Scotia® InfoAlerts

    Get an email or text notification every time money moves through your account.

    Find out more.
    Online & Mobile Banking

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

    Find out more.

    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

    Tools

    Scotiabank Money Finder Calculator

    Compare your income to your expenses.

    Use This Tool
    Pay Yourself First Tool

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

    Use This Tool

    Additional Information

  • No ABM access.

  • Eligible for CDIC insurance3. Please see CDIC Deposit Insurance Information for further details.

  • Summary of Account Fees.

  • When held in a Tax-Free Savings Account (TFSA) or in a non-registered account:

  • Unlimited no-fee transfers to your other Scotiabank accounts using Scotia OnLine, Mobile Banking and Customer Contact Centre.

  • $5.00 per transaction service charge applies for any other transaction, including for an in-branch withdrawal or transfer.

  • For TFSAs, standard fees apply for transfers to non-Scotiabank TFSAs.

  • When held in an RESP, RRSP or other Registered Account (except TFSA):

  • Standard registered plan withdrawal and transfer fees apply. The $5.00 per transaction fee does not apply.

  • Savings Accelerator Account

    No monthly fee, and competitive interest rates.

    In Person

    Make an appointment

    Find a branch
    By Phone

    takes about 8 minutes

    1 (800) 472-6842