Primary Savings Account


  • Grow your savings faster by earning a competitive rate of interest on balances over $5,000
  • Earn 1.0% bonus savings interest if you save regularly with the Scotiabank Savings Rewards Plan (SSRP)
  • Enjoy free, unlimited electronic transfers between your Scotiabank accounts**
  • Reach your savings goals even faster when you separate your everyday banking from your savings
  • *Pay $150 monthly fee if your balance falls below $5,000.
    **Pay for additional debit transactions you perform.

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Earn a competitive rate of interest on your savings. Interest is calculated on the minimum monthly balance and paid semi-annually. The minimum required balance to earn interest is $5,000.

  • Unlimited electronic transfers between Scotiabank accounts*
  • You are eligible to receive a 1.0% SSRP interest rate bonus on your ASP contributions at 12 months when you save regularly through an Automatic Savings Plan
  • No charge for Scotiabank ATM or in-branch deposits
  • Printed statements for your records

* A $185.00 fee applies if the minimum balance falls below $5,000. Additional debit transaction fees apply.
Regular Multilink fees apply

Additional Information

Savings Calculator

Use our Scotiabank Savings Calculator to see how saving on a regular basis can help you achieve your short and long-term financial goals.
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