Basic Bank Account

A basic bank account that covers your minimal financial needs

Is this Chequing Account right for you?

Right for you if you:

  • Can benefit from up to 12 debit transactions per month included in this account
  • Use for everyday banking such as purchases, ABM transactions and payroll deposits

May not be right for you if you:

  • Are interested in only opening a savings account that earns interest

Badge: Voted 2020 Best Premium Bank Account for Bundling by MoneySense

An award-winning basic bank account

Voted 2020 Best basic accounts from a big bank by MoneySense

Account features

  • 12 free transactions3  per month

  • Free Interac e-Transfer transactions

Account fees


What you can access with every account

  • Mobile and online banking

  • Mobile cheque deposit

  • Free credit score††

  • Shop with convenient VISA Debit and Interac Flash payment options

  • Apple Pay, Google Pay and Samsung Pay

Easy Switch

We made switching banks easy, just for you.

Learn how to switch to Scotia

Banking for Seniors

Seniors aged 60+ will receive an automatic monthly account fee discount of $4.00.

View Seniors' Discount

Want to see more?

Preferred Package

Our most popular features packaged for your everyday banking needs.

Preferred Package details

Basic Plus Bank Account

A basic account with value-added features.

Basic Plus Bank Account details

Need help selecting your account?

Tools and calculators

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Managing your money just got smarter

Scotia Smart Money by Advice+. A set of money management features in the Scotiabank mobile app that gives you personalized insights, advice, and more control over your money.

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Learn where you are spending and saving

A great way to plan for your financial future is to understand where you are now. Use our calculator for a better picture of your finances and to help you budget for your goals.

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Pay yourself first

With Pre-Authorized Contributions see how easy it is to reach your savings goals through regular and automatic savings.

Let's get started!

Apply online or in person

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In person

Talk to a Scotiabank advisor.