Make more moments count with 100,000 Scene+ points

The Scotiabank Bonus Scene+ Points Offer Terms and Conditions

The Scotiabank 100,000 Bonus Scene+ Points Offer (the “Offer”) is available from July 20, 2026 (the “Offer Period”) only to select clients who have received a communication directly from Scotiabank about this Offer (“Eligible Clients”) and who open a new Preferred Package or Ultimate Package chequing account and complete certain qualifying transactions, subject to the conditions below.

 

100,000 Scene+ points for Preferred or Ultimate Package Conditions

To qualify for 100,000 bonus Scene+ points (the “Points Bonus”), Eligible Clients must:

1. Open a new Ultimate Package or new Preferred Package chequing account (the “Eligible Chequing Account”) during the Offer Period and link client’s existing or new Scene+ Points Account with their Eligible Chequing Account; and

2. Complete any two (2) of the following activities in their Eligible Chequing Account within 60 days of Eligible Chequing Account opening:

a) Set up and receive at least one eligible^† automated and recurring direct deposit, such as payroll or pension, which will recur monthly for a minimum of six (6) consecutive months in total, or 

b) Set up and make a minimum of two (2) separate eligible^† recurring preauthorized transactions with a minimum value of at least $50 per transaction which will each recur monthly for a minimum of six (6) consecutive months in total, or 

c) Make at least one (1) eligible^† online bill payment of at least $50 through the Scotiabank Mobile App or through Scotia OnLine.

 

 † Click here for a list of eligible direct deposits, preauthorized transactions and online bill payments. Notwithstanding a transaction may be included in these lists, certain exclusions may still apply, and Scotiabank reserves the right to modify these lists and to determine whether a specific direct deposit, pre-authorized transaction or bill payment is eligible for the Points Bonus. Fund transfers initiated to other Scotiabank accounts (one time or recurring, e.g. credit card or savings account), to chequing or savings accounts held at other financial institutions, or to payment processing firms, are not eligible for the Points Bonus. One same activity cannot be used to satisfy more than one condition outlined above. For example, an online bill payment of $50 cannot be used towards satisfying both conditions under paras. (b) and (c) above at the same time.

 

Offer Eligibility and Exclusions

Individuals who are currently holders of, or who were previously holders within the last two (2) years, of a Scotiabank Chequing Account are not eligible for this Bonus. “Scotiabank Chequing Account” means any of the following accounts: Ultimate Package, Preferred Package, Scotia One Account, Basic Plus Bank Account, Basic Banking Plan, Basic Bank Account, Momentum Chequing, Power Chequing, Scotia One Service, Scotia Value, and Student Banking Advantage Plan. Employees of Scotiabank are also not eligible for the Offer.

 

Offer Fulfillment

The Points Bonus will be credited to the Scene+ account linked to the Eligible Chequing Account within approximately 60 days from when the Eligible Client meets all of the Offer conditions, provided that the Account is open and in good standing. The Eligible Chequing Account is not in "good standing" if: (i) it has a negative balance exceeding the authorized overdraft limit, or (ii) it has been in continuous overdraft for a period of three consecutive months or (iii) the Account holder is in breach of the Account agreement with Scotiabank.

 

General Terms

The Offer is non-transferable and may not be duplicated. Limit of one (1) Points Bonus per Eligible Client regardless of the number of Eligible Chequing Accounts opened. If more than one (1) Eligible Chequing Account is opened, only the first Eligible Chequing Account opened will be eligible for the Points Bonus. For joint accounts, only one (1) Points Bonus will be applied to the primary account holder’s Eligible Chequing Account.

Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers on the Account, unless otherwise permitted by Scotiabank.

Additional fees apply for shared ABM services, cross-border debit transactions and other banking services not included in the chequing account package. For accounts that do not provide unlimited debit transactions, a charge for additional debit transactions may apply if you perform an Interac e-Transfer^† transaction over and above the number of debit transactions allowed in the account.

Effective starting on and after June 22, 2026 (the “Effective Date”), clients who have a Preferred Package account (“Account”) will receive an annual fee rebate of $40 (“Annual Fee Rebate”) on one Eligible Card Account where they are the primary cardholder (“Eligible Card”), beginning on the first Anniversary Date after June 22, 2026 (and on each annual Anniversary Date thereafter), provided all of the following conditions are met: (i) there must be at least $15,000 in Qualifying Purchases posted to the Eligible Card Account in the 12 monthly statement periods prior to the month in which the Eligible Card Account’s annual fee is charged to the Eligible Card Account (the “Annual Anniversary Spend Amount"), and (ii) both the Eligible Card Account and the Account must be open and in good standing at the time the Annual Fee Rebate is applied. The Rebate should appear on your Eligible Card statement approximately on, or within the first two statements after the annual fee is charged to the Eligible Card Account.

The first-year annual fee(s) charged on your Eligible Card Account after the Effective Date is not eligible for an Annual Fee Rebate. The Annual Fee Rebate applies, even if you opened an Eligible Card Account prior to the Account Open Date.

Each Account will only receive one Annual Fee Rebate regardless of the number of accountholders on the Account or Eligible Cards held or opened on the Eligible Card Account. If you are the primary cardholder of multiple Eligible Cards, the Annual Fee Rebate will be applied to the annual fee that is charged first on an Eligible Card after the Account Open Date if you meet the Annual Anniversary Spend Amount.

If your Eligible Card Account has an annual fee(s) that is greater than the amount of the Annual Fee Rebate, you are responsible for any difference in annual fee(s) after the Annual Fee Rebate is applied. All other fees and charges applicable to the Eligible Card Account continue to apply. 

The Annual Fee Rebate is subject to change and cannot be combined with any other offer including an annual fee rebate or waiver offer. Annual fees, rates and other features for Eligible Cards are subject to change. We may limit or revoke the Annual Fee Rebate(s) without notice if we believe there is suspicious or fraudulent activity, if the offer is being abused, or if you receive an Annual Fee Rebate in error.

“Account Open Date” means the date that the Account is opened. 

“Anniversary Date” means the date that is one year after the annual fee is first charged to your Eligible Card Account and every 12 months thereafter.

“Eligible Card Accounts” are currently the Scotiabank Gold American Express®, Scotiabank Passport® Visa Infinite +* and Scotia Momentum® Visa Infinite +* credit cards. Eligible Card Accounts are subject to change. 

A “Qualifying Purchase” is a Purchase (as defined in your credit agreement for your Eligible Card Account) that is posted to your Eligible Card Account, less any refunds, returns or other similar credits on your Eligible Card Account. Qualifying Purchases exclude cash advances (including balance transfers and cash-like transactions), interest charges, fees and payments posted to your Eligible Card Account.

As of January 1, 2023, new and existing Preferred Package bank account holders who open a new Scotia iTRADE account for the first time qualify for the following benefit:

• Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 20 in the first calendar year, and 10 in the second calendar year and thereafter while the Scotia iTRADE customer is a Preferred Package bank account holder). The rebate relating to options will be applied to base commissions only.

As of January 1, 2023, new and existing Preferred Package bank account holders who have an existing Scotia iTRADE account qualify for the following benefit:

• Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 10 in the first calendar year and thereafter while the Scotia iTRADE customer is a Preferred Package bank account holder). The rebate relating to options will be applied to base commissions only.

Trade one get one free rebates: The rebate will be applied to the account holder’s non-registered Scotia iTRADE account, or in its absence, their registered Scotia iTRADE account, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first 10 business days of the month following the month that the trades were executed.

 

Eligibility & Exclusions:

• Eligible commissionable trades include stocks, ETFs, options placed across all Preferred Package account holder(s)’ Scotia iTRADE accounts within the calendar year since the later of January 1, 2023 and the time when a client opens a Scotia iTRADE account.
• Corporate and non-personal Scotia iTRADE accounts are not eligible.
• Joint Preferred Package account holders are collectively entitled to the rebates for the total of the first 10 or 20 (as applicable) eligible trades fulfilled within their Scotia iTRADE accounts as between joint Preferred Package account holders regardless of whether or not such Scotia ITRADE accounts are sole or joint with other people.
• Both the Preferred Package bank account and Scotia iTRADE accounts must be in good standing on the last day of every month.
• The Scotia iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due.
• No cash redemption value.
• This offer can be combined with other Scotia iTRADE programs (excluding Student Banking Advantage Plan offer) and campaigns unless otherwise specified. Should free trade rebates be awarded for the other programs and campaigns, those free trades will be applied first until fully consumed before applying Preferred Package free trades rebate.

Scotia iTRADE^® (Order-Execution Only) is a division of Scotia Capital Inc. (“SCI”). SCI is regulated by the Investment Industry Regulatory Organization of Canada and is a member of the Canadian Investor Protection Fund. Scotia iTRADE does not provide investment advice or recommendations and investors are responsible for their own investment decisions.

Foreign currency exchange rates apply. For Ultimate Package customers, we do not charge a service fee for the transfer, however, foreign currency exchange rates apply. A transfer needs to be made from an eligible Scotiabank Chequing or Savings account. Subject to daily limits and additional terms and conditions as set out in the Scotiabank International Money Transfer Agreement found at www.scotiabank.com/ca/en/personal/ways-to-bank/scotiabank-international-money-transfer-agreement.html. 

Subject to approval. A customer must apply for an Overdraft Protection Plan to determine if they qualify.

The primary account holder of the Preferred Package qualifies for a monthly account fee waiver on a Scotia^® U.S. Dollar Daily Interest Account. The primary account holder on the Preferred Package account can be either the primary or joint account holder on the Scotia^® U.S. Dollar Daily Interest Account to qualify. If the primary account holder of the Preferred Package had a Scotia^® U.S. Dollar Daily Interest Account prior to activating a Preferred Package the fee waiver will apply to the bill cycle following the activation of the Preferred Package. Limit of one (1) Scotia^® U.S. Dollar Daily Interest Account per Preferred Package account. Both accounts must be in good standing.

The Preferred Package account includes 1 free non-Scotiabank Interac^† ABM cash withdrawal within Canada per month. Access fee for each subsequent cash withdrawal at non-Scotiabank Interac^† ABMs will be charged $2.00 per withdrawal. Each cash withdrawal from non-Scotiabank Visa^* or PLUS^* ABMs will be charged $3.00 in Canada and the U.S. and $5.00 outside of Canada and the U.S. Account holders may still be charged a convenience fee by the other bank and ABM operator, not by Scotiabank.

The Ultimate Package monthly account fee is waived if a minimum daily closing balance of $6,000 is maintained for the entire month in the Ultimate Package account. If the minimum daily closing balance of $6,000 is not maintained for the entire month in the Ultimate Package account but you have a Total Relationship Balance of $100,000 or more for the entire month, the monthly account fee of the Ultimate Package account will be either waived, or charged then rebated within the first 10 business days of the following month. This Ultimate Package monthly account fee waiver is limited to one waiver or rebate per client per month. For joint Ultimate Package accounts, the Total Relationship Balances are calculated separately for each accountholder and the monthly account fee will be waived or rebated if any one of the joint accountholder’s Total Relationship Balance is $100,000 or more. The Ultimate Package account must have sufficient funds to cover any fees, including the monthly account fee.

Total Relationship Balance: for any day, the sum of daily closing balances for that day in your eligible Scotiabank chequing accounts, savings accounts, GICs, and Mutual Funds including Scotia Registered Accounts and Scotia Investment Accounts (as defined in the Investment Companion Booklet) (“Eligible Accounts”) linked to your retail client profile for which you hold your Ultimate Package. A complete list of the Eligible Accounts is found at scotiabank.com/totalrelationshipbalance and Eligible Accounts include sole and joint accounts. For Mutual Funds, your daily closing balance is based on market value. For GICs where interest is paid before maturity, your daily closing balance is equal to the principal amount less the amount of all partial redemptions plus any accrued and unpaid interest up to that date. For GICs where interest is compounded, your daily closing balance is equal to the principal amount less the amount of all partial redemptions plus compound interest earned, plus interest accrued and unpaid up to that date. For eligible non-Canadian dollar accounts, the balance will be determined based on the daily exchange rate determined by us and shown in Canadian Dollars.

Exclusions: All non-personal accounts and accounts held at Scotia McLeod, iTrade and/or any account type that is not in this list found at scotiabank.com/totalrelationshipbalance are excluded from the Total Relationship Balance.

If a transaction is recorded retroactively in the Eligible Account (“Backdated Transaction”), the Backdated Transaction will not retroactively change your Total Relationship Balance that was used to determine the eligibility for the monthly account fee waiver or rebate. In other words, we will consider the eligibility of the monthly account fee waiver or rebate only once at the end of any given month and will not reconsider even though a Backdated Transaction was retroactively recorded.

By opening your Ultimate Package account, you consent for The Bank of Nova Scotia to review your Eligible Accounts held at the Bank of Nova Scotia (“Eligible BNS Accounts”) as well as Eligible Accounts held at Scotia Securities Inc. (“Eligible SSI Accounts”), including the balances held at both Eligible BNS Accounts and Eligible SSI Accounts (including your sole account balances and any joint account balances you hold with other account holders) for the purpose of evaluating, calculating, and investigating the Total Relationship Balance tier applicable to your Ultimate Package.

Privacy Statement: If you have a joint Ultimate Package account and it receives a monthly account fee waiver based on the Total Relationship Balance, the other Ultimate Package joint accountholder may be able to infer that you hold a qualifying balance and/or have other products with us. This is because the Total Relationship Balance includes the balances held individually or jointly in other Eligible Accounts. If you prefer not to have the individual balances in your Eligible Accounts considered for the monthly account fee waiver eligibility on a joint account, please speak with your advisor or visit a branch to explore alternative banking options that may better suit your privacy preferences.

If you open an Ultimate Package account (the “Account”), on or after the date you open the Account (“Account Open Date”) you will receive an annual fee rebate of up to $150 on one Eligible Card that you hold as the primary cardholder (“Annual Fee Rebate”), for each year as long as you have one eligible Scotiabank Credit Card account (an “Eligible Card”) and the Account  which are open and in good standing. You will receive the Annual Fee Rebate, even if you opened an Eligible Card prior to the Account Open Date. Eligible Cards are the Scotiabank Gold American Express®, Scotiabank Passport Visa Infinite +, Scotiabank Passport® Visa Infinite Privilege*, Scotia Momentum Visa Infinite + and Scotiabank Value® Visa* credit cards. Eligible Cards are subject to change. Each Account will only receive one Annual Fee Rebate regardless of the number of accountholders on the Account or Eligible Cards held or opened. The Annual Fee Rebate will be applied to the first annual fee charged on the Eligible Card after the Account Open Date. If you are the primary cardholder of multiple Eligible Cards, the Annual Fee Rebate will be applied to the first annual fee that is charged on an Eligible Card after the Account Open Date. If your Eligible Card has an annual fee that is greater than $150, you remain responsible for any difference after the Annual Fee Rebate is applied.  All other fees and charges applicable to the Eligible Card continue to apply. Annual Fee Rebate cannot be combined with any other annual fee rebate or waiver offer. Current annual fees, rates and other features for Eligible Cards are subject to change

Account holders who have a Scotia iTRADE account (except for corporate and non-personal Scotia iTRADE accounts) qualify to be credited with the commissions associated with their first 10 online commissionable trades of equities, options, debentures ($24.99 per debenture trade) or ETFs (“Eligible Securities”) placed across all account holder(s)’ Scotia iTRADE accounts within the calendar year when they open the Ultimate Package account. In the second calendar year and thereafter, account holders qualify to be credited with the commissions associated with their first 5 online commissionable trades of Eligible Securities placed across all their Scotia iTRADE accounts during each year. Both the Ultimate Package account and Scotia iTRADE accounts must be in good standing on the last day of every month. Credits will be applied to the account holder’s non-registered Scotia iTRADE account, and, in its absence, to the account holder’s registered Scotia iTRADE account in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first 10 business days of the month following the trades. To be eligible, the primary or joint account holder of the Ultimate Package account can be either the primary or joint account holder of the Scotia iTRADE account. Credits will appear as $4.99 or $9.99 per trade depending on the account trading activity: standard commissions are $9.99, if more than 150 trades are placed per quarter commissions are valued at $4.99 per trade, debenture commissions are valued at $24.99 per trade. Trades executed by a Trading Authority in the Scotia iTRADE account are also eligible. To qualify you must not be in a disallowed debit position in your Scotia iTRADE accounts and not have any outstanding margin calls due in your Scotia iTRADE accounts. No cash redemption value. Free trades are limited to one per client. Only one account holder per each joint Ultimate Package account will be entitled to receive the credits for 10 or 5 free trades, as applicable, into their Scotia iTRADE account.

The primary account holder of the Ultimate Package qualifies for a monthly account fee waiver on a Basic Plus Bank Account. The primary account holder on the Ultimate Package account can be either the primary or joint account holder on the Basic Plus Bank Account. If the primary account holder of the Ultimate Package had a Basic Plus Bank Account prior to opening a new Ultimate Package the fee waiver will apply to the bill cycle following the activation of the Ultimate Package. Limit of one (1) Basic Plus Bank Account per Ultimate Package account. Both accounts must be in good standing.

The primary account holder of the Ultimate Package qualifies for a monthly account fee waiver on a Scotia^® U.S. Dollar Daily Interest Account. The primary account holder on the Ultimate Package account can be either the primary or joint account holder on the Scotia^® U.S. Dollar Daily Interest Account. If the primary account holder of the Ultimate Package had a Scotia^® U.S. Dollar Daily Interest Account prior to activating an Ultimate Package the fee waiver will apply to the bill cycle following the activation of the Ultimate Package. Both accounts must be in good standing. Limit of one (1) Scotia^® U.S. Dollar Daily Interest Account per Ultimate Package account.

The Ultimate Package account includes non-Scotiabank Interac^† ABM cash withdrawals in Canada and cash withdrawals at non-Scotiabank Visa^* or PLUS^* ABMs within and outside of Canada. Account holders may still be charged a convenience fee by the other bank and ABM operator, not by Scotiabank.

The Ultimate Package foreign exchange rate (“Ultimate FX Rate”) is a preferred foreign exchange rate that is available exclusively for Ultimate Package account holders on qualifying transfers completed through Scotia OnLine or the Scotia Mobile Banking App. For a funds transfer to qualify for the Ultimate FX Rate, (1) the amount of the transfer must be equal to or less than USD $24,999.99 whereas above this amount volume discounts apply where applicable, (2) the Ultimate Package account must be selected as the source account or destination account, and (3) the corresponding account in the transfer transaction must be a Scotiabank US dollar account or credit card.  In all other circumstances, including funds transfers greater than USD $24,999.99 or those completed in other channels, regular foreign exchange rates will be applied. All transacting accounts must be in good standing at the time of transfer and the Ultimate Package account holder must be the primary or joint account holder of all applicable accounts. 

The Ultimate Package qualifies for one (1) book of 100 personalized cheques per year per account. Account must be in good standing.

The Ultimate Package qualifies for unlimited Canadian and U.S. dollar drafts. Account must be in good standing.

Subject to availability. Upon activation, the primary account holder of the Ultimate Package account who gets a safety deposit box for which they are the primary box holder will receive a $80.00 fee discount (value of a small safety deposit box) applied annually as long as the account is in good standing. Limit of one (1) annual fee discount per Ultimate Package.

If you remove funds from the FHSA for any reason other than for a qualifying home purchase, you will have to pay taxes. You will be considered to be a first time home buyer if you did not, at any time in the current calendar year before the account is opened or at any time in the preceding four calendar years live in a qualifying home as your principal residence that either you or your spouse or common law partner owned or jointly owned.

Scene+ ScotiaCard® debit card: Earn 1 Scene+ Point for every $5 on debit purchases (up to a maximum of 300 points per transaction and 600 points per day) made from an eligible Scotiabank chequing or savings account using your Scene+ ScotiaCard debit card linked to a Scene+ membership, including Interac Debit contactless and Visa Debit transactions.  Normal Interac Debit contactless transaction limits apply. Scene+ Points accumulated using your Scene+ ScotiaCard debit card will be updated within 2-3 days to the associated Scene+ account.  Scene+ points are calculated on debit card purchases, less any refunds, returns, or other similar credits.  Other conditions apply. Visit www.scotiabank.com/sceneplusrewards for full terms and conditions.

Registered trademarks of The Bank of Nova Scotia, used under license.

Interac e-Transfer is a registered trademark of Interac Corp. Used under license.

Trademark of Scene IP LP, used under license.