Take a look at how your savings can grow with an Automatic Savings Plan.
Initial deposit of $1,000, then $50 contributions each month for 10 years.
If you make an initial deposit of $1,000, and continue to save an additional $50 per month, your savings will grow to $8,106 over a 10-year time period!
Assumptions
Contributions assumed to be at beginning of each period
Interest rate: 2.5% compounded monthly over the entire period
Amounts are rounded to the nearest dollar
US$ equivalent
The above information and interest rates are for illustration purposes only.
See where saving with
Scotiabank will take you!
To sign up for an Automatic Savings Plan and the Scotiabank Savings Reward Plan
visit any Scotiabank branch or call our Contact Centre today!
![Grow your savings even more with [0.5%] bonus interest from the Scotiabank Savings Reward Plan.](/images/tt/en/files_PersonalServices/4848.jpg )
Initial deposit of $1,000, then $50 contributions each month for 10 years.
