Putting aside even a little bit every month should be a part of everyone's monthly budget, so we've developed some tools to make saving easier for you and to reward you for good saving habits.
Scotiabank's Automatic Savings Plan (ASP) let's you:
earn a bonus* 3% annual interest
savings are automatically invested
save up to $19,000 in 5 years by saving $500 per month
*Some conditions apply.
See how fast your savings can grow!
Look at the chart to see how regular contributions play a big part in growing your savings.
See how much you can save*
|Monthly Amount Saved||
|Based on an annual savings rate of 4%.|
Transfer a set amount to your savings account on a regular basis. Start by setting the amount you'd like put aside and the interval, and then you can sit back and watch your money grow. You will earn a bonus 1.0% on your savings when you stick with your savings plan.