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The Basic Banking Plan is changing to the Basic Plus Bank Account
We’re bringing you a better, more valuable banking experience
On October 1, 2019, the Basic Banking Plan will be changing to the new Basic Plus Bank Account.
We’ve listened to our customers’ voices, and at no extra cost, we’re increasing the number of free Interac e-Transfer† transactions1 per month included in this account.
What you’ll get with this account
10 Free Interac e-Transfer† transactions per month1
• Get an increase from 2 to 10 free Interac e-Transfer† transactions per month
• Safely and securely send money to friends and family in Canada
25 free debit transactions per month2
Great if you use your debit card frequently.
Customers will get their monthly account fee of $10.95 waived (pay $0 per month) when a daily minimum closing balance of $3,000 or more is maintained in their Basic Plus Bank Account for the entire month.
Earn Rewards
Continue to earn points on every purchase with your choice of rewards program3.
SCENE®* Rewards
Earn SCENE points and redeem for entertainment rewards like movies, meals and more.
Scotia Rewards®
Earn Scotia Rewards points and redeem for travel, gift cards, the latest in tech, and more.
Are you an existing customer?
While account changes will take effect as of October 1, 2019, you may start to see changes, including the name of your account changing to Basic Plus Bank Account, starting approximately September 16, 2019. To accept the changes above, all you have to do is simply keep your account open or use it after October 1, 2019. After this date, the change will take effect and your account will become the Basic Plus Bank Account. There are no other changes to your account4.
As the bank with the Highest Customer Satisfaction with Retail Banking Advice5, we always want to find solutions that best suit our customers. If you have any questions about these changes, or want to see other banking options we may have for you, please visit www.scotiabank.com/chequing, your local branch, or call 1-888-999-7185 from Monday to Saturday, 7:00AM to 11:00PM EST. We would be happy to assist you.
Thank you for choosing Scotiabank for your banking needs.
Summary of changes
Summary of changes
Basic Banking Plan | pdf : 266
KB
Additional information
Ranked "Highest in Customer Satisfaction with Retail Banking Advice" by J.D. Power for 2019
Scotiabank is a member of Canada Deposit Insurance Corporation (CDIC)
Registered trademark of The Bank of Nova Scotia.
Trademarks of The Bank of Nova Scotia.
Interac e-Transfer is a registered trade-mark of Interac Corp. Used under license.
Registered trademarks of SCENE IP, LP, used under license.
Only the first 10 Interac e-Transfer transactions you send or request each month through Scotia Online or Scotiabank Mobile banking are free. Unused free Interac e-Transfer transactions cannot be carried forward to subsequent months.
Additional fees apply for shared ABM services, cross-border debit transactions and other banking services not included.
Scene®* ScotiaCard® debit card: Earn 1 SCENE point for every $5 you spend on debit purchase transactions including Interac Flash and Visa Debit transactions from an eligible account using your Scene®* ScotiaCard® debit card. 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). Passport 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 Passport ScotiaCard® debit card.. Other conditions and limitation apply. Visit scotiarewards.com for complete details.
Customers who are currently receiving special offers or discounts on a Basic Banking Plan will continue to enjoy their benefits without disruption or, if applicable, until they expire.
The Bank of Nova Scotia (Scotiabank) received the highest score in the 2019 J.D. Power Canada Retail Banking Advice Satisfaction Study of customers’ satisfaction with bank-provided advice. Visit jdpower.com/awards.