BANK ACCOUNTS

Make your money work for you 

Whether you’re starting your financial journey, want to open another bank account, or you’re new to Canada, we have an account for you.

Our most popular accounts

CHEQUING

Ultimate Package

$0* or $30.95 per month


Special offer tag

Earn up to $800 with an Ultimate Package and eligible investment plans1,♢.
Get the offer


Unlimited
debit and Interac e-Transfer transactions2

Ongoing annual fee waived
on select credit cards (up to $150)3

10 free equity trades
with Scotia iTRADE® in your first year4

CHEQUING

Preferred Package

$0* or $16.95 per month


Special offer tag

Earn up to $800 with a Preferred Package and eligible investment plans1,♢.
Get the offer


Unlimited
debit and Interac e-Transfer transactions2

First year annual fee waived
on select credit cards (up to $150)5

Trade 1, get 1 free
with Scotia iTRADE®6

SAVINGS

MomentumPLUS Savings Account

$0 per month


Special offer tag

Earn a savings rate of up to 5.25% for 3 months.7
See offer details


Get a higher interest rate
the longer you save

No minimum balance
needed in your account

Unlimited
self-service transfers8

Learn about Scotiabank accounts

What’s a chequing account?

A chequing account is designed for everyday transactions, like depositing paycheques, paying bills, transferring money online, or making ABM withdrawals.

What’s a savings account?

A savings account is typically used to store money over a period of time, instead of using it daily. It usually provides higher interest rates so your money grows faster than in a chequing account.

For every future

Looking to change your Scotia account?


We’ll help you make the switch. 

Banking for students


Build good financial habits with Scotiabank's hassle-free, no monthly fee student banking.

New to Canada?


Let’s set you up for financial success in Canada with banking solutions, credit cards, and more. 

Financial tips and insight with Advice+

Get information on everything from the differences between chequing and savings accounts, to how to open a bank account online.