Finance for students

Value of up to $150 in welcome bonuses with the Scene+™ Student Banking Bundle includes a $75 cash bonus and up to 7,500 in Scene+ points (valued at up to $75) as follows:

 

i. $75 cash offer for new Student Banking Advantage® Plan customers

ii. 1,250 Scene+ points for new Scotiabank® Scene+™ Visa* Card customers

iii. 1,250 Scene+ points for new customers who combine the products above with a new Momentum^PLUS Savings Account

iv. 5,000 Scene+ points when you complete all of the above

 

Additional conditions apply, please see https://www.scotiabank.com/ca/en/students/student-bundle/terms-conditions.html for full terms and conditions.

To qualify for the $75 welcome bonus (the “Offer”), you must:

1. Open a new Student Banking Advantage Plan (an “Eligible Account”) by October 31, 2022; and
2. Complete either of the following activities in your Eligible Account within 60 days of Eligible Account opening:
   • Set up and clear at least one (1) eligible automated and recurring direct deposit^♢♢, such as payroll, or
   • Set up and clear at least one (1) eligible recurring pre-authorized transaction^♢♢ which will recur monthly for a minimum of two (2) consecutive months.

^♢♢Click here for a list of eligible direct deposits and pre-authorized transactions. Notwithstanding a transaction may be included in these lists, certain exclusions may still apply and Scotiabank reserves the right to modify these lists and to determine whether a specific direct deposit or pre-authorized transaction is eligible for the Offer. Fund transfers initiated to other Scotiabank accounts (one time or recurring, e.g. credit card or savings account), to chequing or savings accounts held at other financial institutions, or to payment processing firms, are not eligible for the Offer.

 

Eligibility and Exclusions: Individuals who are currently holders of a Scotiabank Chequing Account are not eligible for the Offer. Individuals who were previously holders of a Scotiabank Chequing Account within the last two (2) years are not eligible for the Offer. “Scotiabank Chequing Account” means any of the following accounts: Ultimate Package, Preferred Package, Scotia One Account, Basic Plus Bank Account, Basic Banking Plan, Basic Bank Account, Momentum Chequing, Power Chequing, Scotia One Service, Scotia Value, Student Banking Advantage Plan. Employees of Scotiabank are also not eligible for the Offer.

 

General Terms: The $75 cash bonus will be deposited to the Eligible Account within six (6) months from account open date provided all Offer conditions outlined above have been met. The Eligible Account must be open and in good standing until the time of payout of the cash bonus. The Eligible Account is not in "good standing" if: (i) it has a negative balance exceeding the authorized overdraft limit, or (ii) it has been in continuous overdraft for a period of three consecutive months. The Offer is non-transferable and may not be duplicated. Limit of one (1) Offer per customer, regardless of the number of Eligible Accounts opened. If more than one (1) Eligible Account is opened, only the first Eligible Account opened will be eligible for the Offer. For joint accounts, only one (1) cash bonus Offer will be applied to the primary account holder’s Eligible Account. All rates, fees, features and benefits are subject to change. The Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.

If you’re attending a university, community college, or another recognized post-secondary school in Canada or the United States, you can take advantage of this plan. This plan is available only for full-time students registered in a course for credit. To take advantage of the account benefits, you will need to provide proof that you are enrolled full-time at a qualifying post-secondary institution prior to November 30th. When you are no longer enrolled full-time or you have not presented proof enrollment, the plan will be removed and the account will automatically be converted to the Preferred Package with Grad Gift: monthly account fee waived for 12 months. After 12 months, the regular monthly account fees for the Preferred Package will apply.

Additional fees apply for shared ABM services, cross-border debit transactions and other banking services not included in the Student Banking Advantage Plan account package.

Scene+ ScotiaCard® debit card: Earn 1 Scene+ point for every $5 you spend on debit purchase transactions and Interac Flash transactions from an eligible account using your Scene+ ScotiaCard debit card. Normal Interac Flash transaction limits apply. Other conditions and limitations apply. Visit www.scotiabank.com/sceneplusrewards  for complete details. General information: A card must be connected to a Scene+ membership in order to earn and redeem Scene+ points. Scene+ points accumulated using a card will be updated within 2-3 days. Scene+ points can be redeemed for travel, entertainment, shopping, dining, banking or online at www.sceneplus.ca

Maximum points per transaction are 300. Maximum daily points are 600.

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Scene+ and the Icon Design are trademarks of Scene Plus IP Corporation, used under license.

 Interac e-Transfer is a registered trade-mark of Interac Corp. Used under license.

Visa Int. / Licensed User.