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ScotiaMAX Accounts
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ScotiaMAX I (Non-chequing Account)
Whether you are someone who makes only a few monthly transactions, or someone who uses their account more frequently; ScotiaMAX offers you options for maximizing your monthly savings and managing your day-to-day banking based on your minimum monthly balance and number of transactions.
Features:
- A minimum deposit of $25.00 is required to open an account.
- Monthly statement or passbook for easy record keeping.
- Interest is calculated on the minimum monthly balance and paid quarterly.
- You can control the level of service charges that you pay.
- Minimum balance is $500.00
- Monthly service charge waived if balance does not fall below the minimum balance.
- Monthly service charge is $3.00
- Each transaction in excess of 5 transactions is charged a fee of $1.25.
ScotiaMAX II (Savings/Chequing Account)
Features
- A minimum deposit of $25.00 is required to open an account.
- Monthly statement or passbook for easy record keeping.
- Interest is calculated on the minimum monthly balance and paid quarterly.
- You can control the level of service charges that you pay.
- Minimum balance is $1,500.00
- Monthly service charge waived if balance does not fall below the minimum balance.
- Monthly service charge is $6.00
- Each transaction in excess of 15 transactions is charged a fee of $1.25.
ScotiaMax III (Savings/Chequing Account)
Features:
- A minimum deposit of $25.00 is required to open an account.
- Monthly statement or passbook for easy record keeping.
- Interest is calculated on the minimum monthly balance and paid quarterly.
- You can control the level of service charges that you pay.
- Minimum balance is $3,000.00
- Monthly service charge waived if balance does not fall below the minimum balance.
- Monthly service charge is $8.00
- Each transaction in excess of 40 transactions is charged a fee of $4.00.
With your ScotiaCard, you can access your ScotiaMAX account via Scotiabank Automated Teller Machines (ATMs) or any ATM worldwide displaying the Cirrus symbol.
Opening your Scotiabank account is easy. Contact Us for more information about this product and how you can easily transfer your existing business to Scotiabank.
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