Scotiabank Momentum Chequing Account

Get 1% Cash Back On Everything You Buy. Earn up to $300 cash back every year.

Seniors fee (age 60+)


3 easy steps

100% safe & secure

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Top reasons to choose this account

  • 1% cash back on your debit purchases – up to $300 back every year

  • Unlimited self-service transactions1

  • Two free withdrawals every month from non-Scotiabank machines in Canada

  • 2 Free Interac e-Transfers per month2

  • Account Details

    Monthly Record-keeping Options and Fees, for complete details review Summary of Account Fees.

    Core Account Features & Fees
    Monthly Fee
    $15.95 mo 
    $11.95 after Seniors Discount
    Number of debit transactions
    Unlimited self-service debit transactions and 1 free teller-assisted transaction
    Charge for additional debit transactions
    $1.50/each additional teller-assisted transaction
    Minimum daily balance to waive fee

    Account Extras
    Money back
    1% money back on all debit purchases, including Visa Debit, to a maximum of $300 per year
    Interac e-Transfers
    2 Free Interac e-Transfers per month2
    Non-Scotiabank ABMs
    2 FREE Interac withdrawals/month from non-Scotiabank ABMs in Canada
    Teller transactions
    1 FREE teller transaction per month
    Branded card
    Optional Scotia Momentum branded ScotiaCard available
    Personalized cheques can be purchased
    Discounted Seniors banking (age 60 and over)
    Record-Keeping Charges may apply for additional record-keeping services
    Paper Statement
    Paper statement with cheque image return
    Interest Rate
    No interest is paid on this account.

    Helpful Account Services

    Great services to help you manage your money

    Free Scotia® InfoAlerts

    Receive an email, text message, or in app push notification when important account activity happens.

    Find out more.
    Overdraft Protection

    Manage everyday expenses knowing you won't be caught short of funds. 

    Protect your account.
    Interac3 e-Transfer

    All you need is an email address and you can send money to friends and family who have a Canadian bank account.

    Send money now.
    Global ATM Alliance

    Travelling? Use selected ABMs to withdraw cash and avoid paying access fees. 

    Learn how.
    Mobile Wallet

    Forgot your wallet? Use your smartphone to pay for small everyday purchases.

    Pay with your phone.
    Western UnionTM4

    A perfect way to send funds to family and friends worldwide.

    Find out how.

    Free Add-Ons

    Make saving easier with these convenient add-ons.

    Bank The Rest® Savings Program

    Spend and save just by using your ScotiaCard® debit card.

    Pre-Authorized Contributions

    Save automatically. It's the easiest way to save for the things that matter to you


    Account Selector

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    Chequing & Savings Comparison Tool

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    Bank The Rest® Demo & Calculator

    Turn Your Debit Purchases Into Savings

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    Moneyback calculator

    Discover how much money back you can earn

    Use This Tool



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    Additional Information

  • Unlimited self-serve transactions include: Interac debit card purchases, ABM cash withdrawals, bill payments (Including pre-authorized debits), account transfers and cheques.1

  • Summary of Account Fees.

  • Eligible for CDIC insurance5.

  • You'll need Adobe Acrobat Reader to download PDF brochures.

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    1 (800) 472-6842
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    Unbeatable rewards.

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