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Yes, I do   

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No, I don't   

Get started by choosing a rewards program for this account.

Scotia Rewards® points for travel and more

SCENE®* Rewards points for movies and meals

I don’t want rewards

To qualify for the special offer, make sure to:

1. Open a new Preferred Package by December 16, 2021.

2. Complete any two of the following actions within 60 days of opening your Preferred Package:

  • Make an eligible $50 bill payment through online or mobile banking.
  • Set up and clear at least 2 eligible separate recurring pre-authorized transactions that are $50 or more, which will each recur monthly for a minimum of 3 consecutive months; 
  • Set up and clear at least one eligible automated and recurring direct deposit, such as payroll or pension, which will recur monthly for a minimum of 3 consecutive months.

The $300 cash bonus will be deposited directly into your new Preferred Package account within 6 months from account open date provided all offer conditions outlined have been met. See terms and conditions below for full details.

Scotiabank Credit Cards eligible for an annual fee waiver for the first year

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

Preferred Package

Earn a $300 welcome bonus with a new bank account.2

Top features:

  • Earn an additional 0.05% interest on your MomentumPLUS Savings Account14
  • Unlimited debit transactions3 and Interac e-Transfer transactions
Special Offer

Earn a $300 welcome bonus

Open an account today!

 

Package features

Usage

  • Unlimited debit transactions

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

  • Unlimited Interac e-Transfer transactions

  • Your choice of SCENETM or Scotia Rewards®,10

Grow your money

No boundaries

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

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


Package fees

$0* or $16.95/mth

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

Get rewarded

Earn points on everyday purchases with your choice of rewards program10

SCENE®* Rewards

Redeem SCENE points for entertainment rewards like movies, meals and more

Scotia Rewards®

Redeem Scotia Rewards points for travel, gift cards, the latest in tech, and more


More perks

Additional accounts

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


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

Less Fees, More Happy

We’ll waive your monthly account fee by maintaining a minimum daily closing balance of $4,000 for the entire month

Easy Switch

We made switching banks easy, just for you.

Learn how to switch to Scotia, Easy Switch

Banking for Seniors

If you’re 60 or older, you’ll save up to $4.00 on the monthly account fee.

View Seniors' Discount, Banking for Seniors

New to Canada?

Get special newcomer banking solutions, credit cards and more.