Scotiabank's Online, High Interest Savings Account
The Scotia Power Savings Account™...the perfect savings account to help you reach your savings goals.
Saving for a larger purchase or expense? A down payment for a new home? That dream family vacation? The Scotia Power Savings Account will help you get there, faster!
You get the best of both worlds: accessible savings and a great rate.
Scotia Power Savings Account Features
- Very competitive interest rate
- No monthly plan fees
- Interest is calculated daily and paid monthly on every dollar saved for daily closing account balances that are at least $5,000
- Direct deposit/transfer to your Scotia Power Savings Account from another financial institution using our convenient Bank to Bank transfer service, free of charge
- Unlimited free CAD funds transfers to and from your other Scotiabank accounts when you use Scotia OnLine Financial Services, TeleScotia® Telephone Banking, Automated Banking Machines (ABMs) and wireless banking services
- A $5.00 per-transaction fee applies on all other debit transactions (i.e. branch or Contact Centre assisted transactions, ABM withdrawals, direct payment purchases, bill payments, pre-authorized payments and cheque withdrawals)
- Account details are available online (Paperless) and in Braille for the visually impaired
*Annual Interest Rate effective as of September 23rd, 2009. Rate subject to change at any time. Interest is calculated daily and paid monthly. We reserve the right to extend or cancel the offer at any time.
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