Scotiabank Credit Cards eligible for an annual fee waiver

Scotiabank Passport™ Visa Infinite Card

Annual Fee
$139/year

Interest rates
19.99% purchases
22.99% cash advances

Scotiabank Gold American Express® Card

Annual Fee
$120/year

Interest rates
19.99% purchases
22.99% cash advances

Scotia Momentum® Visa Infinite Card

Annual Fee
$120/year

Interest rates
20.99% purchases
22.99% cash advances

Scotiabank Value® Visa Card

Annual Fee
$29/year

Interest rates
12.99% purchases
12.99% cash advances

*No monthly account fee by maintaining a minimum daily closing balance of $5,000 in your Ultimate Package, or a combined balance of $30,000 across your Ultimate Package and your MomentumPLUS Savings Account1

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

An offer worth a second look

Earn a $350 welcome bonus2 with a new bank account. 

Special Offer

You could earn a $350 welcome bonus!2

When you open an Ultimate Package or a $300 welcome bonus when you open a Preferred Package.

Ultimate Package

Earn a $350 welcome bonus with a new bank account2

$350 welcome bonus2

  • Earn an additional 0.10% interest on your MomentumPLUS Savings Account7
  • Unlimited debit transactions3, Interac e-Transfer transactions, and Scotia International Money Transfers±
  • Unlimited free Global non-Scotiabank ABM withdrawals6
  • Up to $139 annual fee waiver each year on select credit cards5
  • 9 more premium perks

$0* or $30.95/mth

* No monthly account fee by maintaining a minimum daily closing balance of $5,000 in your Ultimate Package, or a combined balance of $30,000 across your Ultimate Package and your MomentumPLUS Savings Account1

Preferred Package

Earn a $300 welcome bonus with a new bank account2

$300 welcome bonus2

  • Earn an additional 0.05% interest on your MomentumPLUS Savings Account14
  • Unlimited debit transactions3 & Interac e-Transfer transactions
  • First year annual fee waiver (up to $139) on select credit cards12
  • 4 more perks

$0* or $16.95/mth

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

 

See all the perks that will help you spend, save and more.

Ultimate Package offers homeowners more value:

Preferred rates on fixed and variable rate, closed mortgages for new purchases, switches, refinances and renewals on a Scotia Total Equity® Plan (STEP) available through an advisor.

Scotia Total Equity® Plan
(STEP) solution allows for increased flexibility and lets you borrow up to 80% of the value of your home, including up to 65% under lines of credit and other secured borrowing solutions.∆*

Book an appointment

New to Canada?

Find out how you might be eligible to pay no monthly account fee for the first 12 months.21

Scotiabank StartRight® Program

Ultimate and Preferred rates on select Non-Redeemable GICs8,15

View Scotia GIC options

Sign up for the MomentumPLUS Savings Account

Earn an additional 0.10% interest on your MomemtumPLUS Savings Account7

Click here to learn more about the MomentumPLUS Savings Account.

Direct invest with Scotia iTRADE® – Ultimate Package Perk

10 free trades from Scotia iTRADE in your first year (approximately $100 value) and 5 free trades every year after9

View Scotia iTRADE

Up to $139 annual fee waiver on select credit cards

Ultimate Package: Ongoing annual fee waiver5
Preferred Package: First year annual fee waiver12

Scotia Package Perks 

Package

Ultimate Package

Preferred Package

Debit Transactions3 included /mth

Unlimited

Unlimited 

Interac e-Transfers included /mth

Unlimited

Unlimited 

Overdraft Protection

No Overdraft Protection fee4

Rewards

Your choice of SCENETM or Scotia Rewards®,10

 

Your choice of SCENETM or Scotia Rewards®,10

Ultimate Package

Preferred Package

MomentumPLUS Savings Account

Earn an additional 0.10% interest on your MomentumPLUS Savings Account7

Earn an additional 0.05% interest on your MomentumPLUS Savings Account14

Guaranteed Investment Certificates (GICs)

Ultimate rates on select GICs8

Preferred rates on select GICs15

Scotia iTRADE®

10 free equity trades at Scotia iTRADE in your first year (approximately $100 value) and 5 free equity trades every year after9

-

Ultimate Package

Preferred Package

Credit cards

Up to $139 ongoing annual fee waiver on select credit cards5

First year annual fee waiver (up to $139) on select credit cards12

Non-Scotiabank ABM
withdrawals /mth

No Scotiabank fees on global non-Scotiabank ABM withdrawals6

Fee waived on one non-Scotiabank ABM withdrawal per month in Canada13

Cheques & Drafts

Free11, 20

-

International money transfer

Unlimited no-fee Scotia International Money Transfers±

Send money globally for $1.99 with Scotia International Money Transfer±

Ultimate Package

Preferred Package

Mortgage

Preferred rates on fixed and variable rate, closed mortgages for new purchases, switches, refinances and renewals on a Scotia Total Equity® Plan (STEP) available through an advisor.∆ -

Scotia® U.S. Dollar Daily Interest Account

No monthly account fee on a Scotia® U.S. Dollar Daily Interest Account19

No monthly account fee on a Scotia® U.S. Dollar Daily Interest Account22

Additional Basic Plus Bank Account

No monthly account fee on a Basic Plus Bank Account16 (save up to $143 annually)

-
Safety deposit box

Free small safety deposit box ($60 annual fee waived)17

-

Ultimate Package

Preferred Package

Debit Transactions3 included /mth

Ultimate Package

Preferred Package

Unlimited

Unlimited 

Interac e-Transfers included /mth

Ultimate Package

Preferred Package

Unlimited

Unlimited 

Overdraft Protection

Ultimate Package

Preferred Package

No Overdraft Protection fee4

Rewards

Ultimate Package

Preferred Package

Your choice of SCENETM or Scotia Rewards®,10

 

Your choice of SCENETM or Scotia Rewards®,10

MomentumPLUS Savings Account

Ultimate Package

Preferred Package

Earn an additional 0.10% interest on your MomentumPLUS Savings Account7

Earn an additional 0.05% interest on your MomentumPLUS Savings Account14

Guaranteed Investment Certificates (GICs)

Ultimate Package

Preferred Package

Ultimate rates on select GICs8

Preferred rates on select GICs15

Scotia iTRADE®

Ultimate Package

Preferred Package

10 free equity trades at Scotia iTRADE in your first year (approximately $100 value) and 5 free equity trades every year after9

-

Credit cards

Ultimate Package

Preferred Package

Up to $139 ongoing annual fee waiver on select credit cards5

First year annual fee waiver (up to $139) on select credit cards12

Non-Scotiabank ABM
withdrawals /mth

Ultimate Package

Preferred Package

No Scotiabank fees on global non-Scotiabank ABM withdrawals6

Fee waived on one non-Scotiabank ABM withdrawal per month in Canada13

Cheques & Drafts

Ultimate Package

Preferred Package

Free11, 20

-

International money transfer

Ultimate Package

Preferred Package

Unlimited no-fee Scotia International Money Transfers±

Send money globally for $1.99 with Scotia International Money Transfer±

Mortgage

Ultimate Package

Preferred Package

Preferred rates on fixed and variable rate, closed mortgages for new purchases, switches, refinances and renewals on a Scotia Total Equity® Plan (STEP) available through an advisor.∆ -

Scotia® U.S. Dollar Daily Interest Account

Ultimate Package

Preferred Package

No monthly account fee on a Scotia® U.S. Dollar Daily Interest Account19

No monthly account fee on a Scotia® U.S. Dollar Daily Interest Account22

Additional Basic Plus Bank Account

Ultimate Package

Preferred Package

No monthly account fee on a Basic Plus Bank Account16 (save up to $143 annually)

-

Safety deposit box

Ultimate Package

Preferred Package

Free small safety deposit box ($60 annual fee waived)17

-

Need help selecting your account?

What you can access with every account

  • Mobile and online banking

  • Mobile cheque deposit

  • Free credit score††

  • Shop with convenient VISA Debit and Interac Flash payment options

  • Apple Pay, Google Pay and Samsung Pay