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.

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Summary of changes

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)