Basic Banking Plan
A basic account that offers rewards and more.
- 25 Free transactions per month2
- 2 Free Interac e-Transfers† per month3
- Earn rewards on debit transactions4
Get $1001 cash when you open a Basic Banking Plan.
Get started with your new account today!
$0* or $10.95/mth
*Monthly account fee is waived by maintaining a minimum daily closing balance of $3,000 for the entire month.
Earn points on every purchase with your choice of rewards program4.
Redeem SCENE points for entertainment rewards like movies, meals and more.
Redeem Scotia Rewards points for travel, gift cards, the latest in tech, and more.
What you can access with every account
Online and mobile banking
Free TransUnion®† CreditView®†
Earn rewards on your everyday purchases4
Apple Pay, Google Pay, and Samsung Pay
Less Fees, More Happy
We’ll waive the monthly account fee if you maintain a minimum daily closing balance of $3,000 in your Basic Banking Plan for the entire month.
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Registered trademarks of The Bank of Nova Scotia
Interac e-Transfer is a registered trade-mark of Interac Inc. Used under license.
Registered trademarks of SCENE IP, LP, used under license.
Registered trademarks of TransUnion LLC. CreditView is a service provided by TransUnion. The Bank of Nova Scotia and its affiliates are not responsible for the service.
Individuals who are currently or were previously holders / joint holders of a Scotiabank chequing account within the last two (2) years are not eligible for the $300 or $100 cash offers (each an “Offer”, collectively the “Offers”).
To qualify for the Offers, you must:
1) Open a new Scotia One chequing account (eligible for the $300 Offer) or new Basic Banking Plan chequing account (eligible for the $100 Offer), each an “Eligible Account”, by June 30, 2019; and
2) Complete two (2) of the following three (3) activities in your Eligible Account within 60 days of opening:
a) Set up an eligible recurring direct deposit (e.g., employer payroll, pension provider, or government) which will recur monthly for a minimum of three (3) consecutive months, or
b) Set up a minimum of two (2) eligible separate recurring pre-authorized transactions (e.g., utility payments, property taxes, loan/mortgage payments) with a minimum value of at least $50 per transaction which will each recur monthly for a minimum of three (3) consecutive months, or
c) Make at least one eligible online bill payment (e.g. utility bill, hydro bill, credit card payment, cable) of at least $50 through the Scotiabank Mobile App or through Scotia OnLine.
Scotiabank reserves the right to determine whether a specific recurring direct deposit, pre-authorized transaction or bill payment is eligible for the Offers.
The $300 or $100 cash bonus, as applicable, will be paid into the primary account holder’s Eligible Account within two (2) months following the satisfaction of the conditions outlined above. 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:
1) It has a negative balance exceeding the authorized overdraft limit, or
2) If it has been in continuous overdraft for a period of three (3) consecutive months.
These Offers are 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, the Offer awarded will be based on the first Eligible Account opened. For joint accounts, only one (1) cash bonus will be applied to the primary account holder’s Eligible Account. All rates, fees, features and benefits are subject to change. Offers may be changed, cancelled or extended at any time and cannot be combined with any other offers. Employees of Scotiabank are not eligible for the $300 or $100 cash offers.
Additional fees apply for shared ABM services, cross-border debit transactions and other banking services not included.
Only the first 2 Interac e-Transfers you make each month through Scotia OnLine or Scotiabank Mobile banking are free. Unused free Interac e-Transfers cannot be carried forward to subsequent months.
Choose between the SCENE and Scotia Rewards reward programs.
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/scene 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 only be redeemed at participating Cineplex Entertainment®◊ theatres, online at www.scene.ca for other points offers (or rewards).
Scotia Rewards ScotiaCard debit card: Earn 1 Scotia Reward Point for every $5 you spend on debit purchase transactions and Interac† Flash transactions from an eligible account using your Scotiabank Passport Debit Card. Normal Interac† Flash transaction limits apply. Other conditions and limitation apply. Visit www.scotiarewards.com/en-CA/Help/TermsAndConditions#ScotiaCard for complete details.