Main features and perks
Unlimited debit25 and Interac e-Transfer† transactions
Earn points on everyday purchases with the Scene+TM program10
Earn a $75 welcome bonus5
Is this Chequing Account right for you?
Right for you if you:
- Use for everyday banking such as purchases, ABM transactions and payroll deposits
- Are enrolled full-time in a post-secondary institution in Canada or the U.S.
May not be right for you if you:
Are interested in only opening a savings account that earns interest
More product benefits
Free paperless or paper statements
* Must be currently enrolled full time in a post-secondary institution in Canada or the U.S. (Domestic or International students)
- Access Apple Pay. Google Pay or Samsung Pay
- Free credit score††
- Access to mobile and online banking
- Earn points on everyday purchases with Scene+™ Rewards
To qualify for the $75 welcome bonus (the “Offer”), you must:
- Open a new Student Banking Advantage Plan (an “Eligible Account”) by Oct 31, 2022; and
- Complete either of the following activities in your Eligible Account within 60 days of Eligible Account opening:
- Set up and clear at least one (1) eligible automated and recurring direct deposit♢♢, such as payroll, or
- Set up and clear at least one (1) eligible recurring pre-authorized transaction♢♢ which will recur monthly for a minimum of two (2) consecutive months.
♢♢Click here for a list of eligible direct deposits and pre-authorized transactions. 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 or pre-authorized transaction is eligible for the Offer. 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 Offer.
Eligibility and Exclusions: Individuals who are currently holders of a Scotiabank Chequing Account are not eligible for the Offer. Individuals who were previously holders of a Scotiabank Chequing Account within the last two (2) years are not eligible for the Offer. “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, Student Banking Advantage Plan. Employees of Scotiabank are also not eligible for the Offer.
General Terms: The $75 cash bonus will be deposited to the Eligible Account within six (6) months from account open date provided all Offer conditions outlined above have been met. 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: (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. The Offer is 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, only the first Eligible Account opened will be eligible for the Offer. For joint accounts, only one (1) cash bonus Offer will be applied to the primary account holder’s Eligible Account. All rates, fees, features and benefits are subject to change. The Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
Value of up to $150 in welcome bonuses with the Scene+™* Student Banking Bundle includes a $75 cash bonus and up to 7,500 in Scene+ points (valued at up to $75) as follows:
i. $75 cash offer for new Student Banking Advantage® Plan customers
ii. 1,250 Scene+ points for new Scotiabank® Scene+™ Visa* Card customers
iii. 1,250 Scene+ points for new customers who combine the products above with a new MomentumPLUS Savings Account
iv. 5,000 Scene+ points when you complete all of the above
Additional conditions apply, please see https://www.scotiabank.com/ca/en/students/student-bundle/terms-conditions.html for full terms and conditions.