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Primary Savings Account


  • Convenience: Keeping your long-term funds separate from your everyday banking, so you reach your savings goals more quickly
  • Earn More: Earning a competitive rate of interest on balances over $1000.
  • Record Keeping: Electronic or printed statements options available monthly

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Earn a competitive rate of interest, with interest calculated on the minimum daily balance and paid monthly. Other features of the Primary Savings Account include:

  • Unlimited electronic transfers between Scotiabank accounts
  • No monthly fee when you maintain a minimum daily balance of $100 or more1
  • Earn 1% bonus interest when you save regularly through our Scotiabank Savings Reward Plan (SSRP)
  • No charge for Scotiabank ABM or in-branch deposits
  • Monthly paper or electronic statements for your records
  • Interest is calculated on the daily closing balance and paid monthly
  • Mobile Banking app available for iOS, Android and Blackberry

1 Regular Sundry fees apply.

Additional Information

Selector Tool

Not sure which account is right for you? Try our "Account Selector Tool"
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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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