* Terms & Conditions
- Terms of Reference:
- "Promotional Period" means February 15, 2008 to June 1, 2008, inclusive;
- “Money Master for RSPs Balance” means the total combined balance of all Money Master for RSPs accounts held by the same customer;
- "New Registered Deposit" means all new funds deposited into a customer’s Money Master for RSPs account during the Promotional Period that were not on deposit as of February 14th, 2008; and
- "Special Rate" means an interest rate of 5.00% per annum.
- Any New Registered Deposit held in a new or existing Money Master for RSPs account during the Promotional Period will earn interest at the Special Rate from the day of deposit until the end of the Promotional Period, provided the customer's Money Master for RSPs Balance during the Promotional Period is greater than the customer's Money Master for RSPs Balance as at February 14, 2008. If, on any day during the Promotional Period a customer's Money Master for RSPs Balance is less than or equal to the customer's Money Master for RSPs Balance on February 14, 2008, the Special Rate will not be applied to any New Registered Deposit in any of the customer’s Money Master for RSPs accounts on that day and the standard Money Master for RSPs interest rate in effect at the time* will be applied to the Money Master for RSPs Balance.
- On each day of the Promotional Period, portions of a Money Master for RSPs account balance which are not considered a New Registered Deposit eligible to earn interest at the Special Rate will earn interest at the standard Money Master for RSPs account interest rate in effect at the time*. This standard rate is subject to change.
- Interest earned during the Promotional Period at the Special Rate or the standard Money Master for RSPs interest rate will be calculated daily and paid on June 30, 2008.
- This promotion may be amended, extended or cancelled at the sole discretion of Scotiabank at any time without prior notice.
+2.35% as of February 13th, 2008.
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