Earn a $300 welcome bonus when you:

1. Open an Ultimate Package bank account

by September 30, 2022.

2. Within two months, do any two of the following:

  • Set up one eligible automated recurring direct deposit, like a payroll or pension, that recurs for 3 months in a row
  • Set up 2 eligible separate recurring pre-authorized transactions worth $50 or more, that recur for 3 months in a row
  • Make one eligible $50 bill payment (like a car payment or a cable bill payment) with online or mobile banking

3. The $300 welcome bonus will be deposited directly into your new account

up to 6 months from when you open the account.

See terms and conditions for full details. 

To qualify for the special offer, make sure to:

1. Open a new Ultimate Package by September 30, 2022.

2. Complete any two of the following actions within 60 days of opening your Ultimate 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 Ultimate 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 ongoing 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

Scotiabank Credit Cards eligible for ongoing 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

The fees at a glance

Monthly fee $0* or $30.95/mth
Monthly fee with senior’s discount $26.95
Overdraft protection No fee4
Debit transactions Unlimited3
International Money Transfer No fee
Paper statement $2.25/month

 

Ultimate Package

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

Special Offer

Earn a $300 welcome bonus2

Open the Ultimate Package and in a few steps, you'll receive a welcome bonus of $3002.

Is this Chequing Account right for you? 

Right for you if you:

  • Can benefit from unlimited transactions per month included in this account
  • Use for everyday banking such as purchases, ABM transactions and payroll deposits

May not be right for you if you:

  • Are interested in only opening a savings account that earns interest


Package features

 

Account benefits

Grow your money

More perks

  • Free personalized cheques20and drafts11

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

  • Unlimited free Global non-Scotiabank ABM withdrawals6

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

  • Scene+TM Program10

     

     


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

Monthly fees

$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

 

Get Rewarded with Scene+

Earn points on everyday purchases with the Scene+TM program

Explore Scene+

Earn

  • 1 Scene+ point for every $5 spent on everyday purchases.10
  • 1 Scene+ point for every $1 spent at Cineplex.

Redeem

  • Redeem Scene+ points for travel, shopping, entertainment, dining, banking, and more.

What you can access with every Scotia 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


Here are some answers to our most popular questions

Scotia is the bank for everyone

Easy switch

We made switching banks easy, just for you.

Banking for seniors

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

Need help selecting your account?

Let's get started!

Apply online or in person

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In person

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