Special offer tag


Earn up to $550 with a Scotiabank banking package and TFSA or RRSP2,‡

Do more of what makes you, you.

How you can earn up to $550

Find out how our banking packages can reward you.

Step 1

Earn $3502

  • Open a new Ultimate or Preferred Package account between November 1st and February 29th, 2024. 
  • Within 60 days complete two of the following:

    i. Set up and clear one eligible automated recurring direct deposit, like a payroll or pension, that recurs for 3 months in a row.

    ii. Set up and clear two eligible separate recurring pre-authorized transactions like a mortgage payment, of at least $50 that recur for 3 months in a row.

    iii. Make one eligible bill payment, like a phone bill payment or a utility bill payment, of at least $50 with online or mobile banking.

See Terms & Conditions for full details.

Step 2


  • Complete Step 1 .
  • Open a new RRSP or a TFSA between November 1st and February 29th, 2024. 
  • By February 29, 2024, set up & maintain a recurring pre-authorized contribution of at least $50, for minimum of 3 months.

Step 3


  • Deposit $3,000 in the new RRSP or a TFSA you opened in Step 2 by February 29th, 2024 and maintain it until May 31, 2024.

Everyday banking made easier with Scotia chequing accounts

Most perks tag

Ultimate Package

$0* or $30.95/monthly fee

Ideal for customers who: want a unique banking package with premium perks.

You could earn up to $550 with an Ultimate Package and a TFSA or RRSP!2,‡

Benefits :

*No monthly account fee by maintaining a minimum daily closing balance of $6,000 in your Ultimate Package, or a combined balance of $30,000 across your Ultimate Package and your MomentumPLUS Savings Account.1

Most popular tag

Preferred Package

$0* or $16.95/monthly fee

Ideal for customers who: need the everyday banking features, but also want the perks.

You could earn up to $550 with a Preferred Package and a TFSA or RRSP!2,‡

Benefits :

*No monthly account fee by maintaining a minimum daily closing balance of $4,000 for the entire month.

Find the right account for you

Save more, earn more

Tax Free Savings Account

Ideal for customers who: wants an all-purpose savings account that offers the flexibility to save for many goals in one account. Your savings grow over time tax-free, and you can withdraw your money whenever you need it.

Earn up to $550 with a Scotiabank banking package and TFSA or RRSP.2,‡

  • Withdraw the principal and any earnings at any time, and for any purpose.
  • All-purpose solution that offers the flexibility to save for many goals in one account
  • Registered account that can hold a variety of savings and investment products within that account, such as cash, GICs, mutual funds, and even stocks and bonds.

Registered Retirement Savings Plan (RRSP)

Ideal for customers who: want to maximize retirement savings with tax benefits on investments, where you don’t have to pay income tax on the money you earn from your investments while they’re in the plan.

Earn up to $550 with a Scotiabank banking package and TFSA or RRSP.2,‡

  • Contributions you make to your RRSP reduce your taxable income while your investments grow on a tax-deferred basis.
  • Eligible for Canadian government programs that can help you buy your first home or pay for education for you, your spouse, or your common law partner. 
  • Allows for tax-deductible contributions each year, either in a lump sum or through regular Pre-Authorized Contributions (PACs). 

Here are some answers to our most popular questions

Advice+ features

Get the right advice to help you make the most of your money

How to open a bank account online

Opening a bank account online has never been easier -- even if you're a first-time customer.

RRSP vs. TFSA: What should I choose?

Not sure about selecting an RRSP or a TFSA? We dive into what you need to know about how they work

5 reasons to start your financial plan today

There is no better time than now to work on a financial plan to help you build more wealth, plan for the unexpected and help bring you peace of mind.

Tools and calculators

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Managing your money just got smarter

Scotia Smart Money by Advice+. A set of money management features in the Scotiabank mobile app that gives you personalized insights, advice, and more control over your money.

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Learn where you are spending and saving

A great way to plan for your financial future is to understand where you are now. Use our calculator for a better picture of your finances and to help you budget for your goals.

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Pay yourself first

With Pre-Authorized Contributions see how easy it is to reach your savings goals through regular and automatic savings.

Easy switch to Scotia

We’ve made switching banks easy. 

The benefits our Scotiabank customers love 

Get rewarded with Scene+ 

From travel and entertainment to shopping and dining, earn Scene+ points on every day purchases using your debit card or eligible credit cards10. Earn more with Scene+.

Personalized advice 

Our Scotia advisors are here to help you plan your financial future. With a simple conversation, we’ll get you on track to reach your financial goals, big and small. 

Bank your way

Get 24/7 support and customer service, go digital with our fast, secure online and mobile banking, or visit our 4,000+ branches and ABMs across Canada. Bank the way that works for you.

Award-winning banking

Bank with variety of perks. The Ultimate Package has been voted 2022 Best Premium Chequing Account for Bundling by MoneySense.

What you can access with every Scotia account

  • Mobile and online banking

  • Free credit score††

  • Shop with convenient Visa Debit and Interac Debit payment options

  • Apple Pay, Google Pay and Samsung Pay

The bank for everyone

Tailored chequing accounts that fit you and your needs. 

New to Canada

Bank with no monthly account fees in the first year21 with the StartRightTM Program.


Seniors aged 60+ will receive an automatic monthly account fee discount on select bank accounts.


Worry-free banking for student life.


Start building healthy financial habits early.

Let’s find your chequing account together

Visit your nearest branch and talk with one of our financial advisors.