Deposit Account Rate Summary

Retail Banking

Momentum^PLUS Savings Account

Money Master Savings Account

Savings Accounts for your Investment Plan

Savings Accelerator Account - non-registered plan

Savings Accelerator Tax-Free Savings Account

Savings Accelerator Account - registered (non-TFSA)

Savings Accelerator Account - First Home Savings Account (FHSA)

Foreign Currency Savings Accounts

Scotia U.S. Dollar Daily Interest Account

Scotia Euro Daily Interest Savings Account

No Longer For Sale

Momentum Savings Account^TM

Scotia Power Savings Account^TM

Gain Plan Investment Savings^†

Powerchequing Account^† and Scotia Value Account^†

Scotia Value Account^†

Daily Interest Savings^†

Scotia Blue Chip Savings Account^*

Scotia One Service^†

Chequing account rates

Ultimate Package

Annual Interest Rate

Preferred Package

Annual Interest Rate

Basic Plus Bank Account

Annual Interest Rate

Basic Bank Account

Annual Interest Rate

Student Banking Advantage® Plan

Annual Interest Rate

Getting There Savings Program for Youth

Business Banking

Money Master® for business - No longer available. Information provided for existing account holders.

Scotia Power Savings for business - No longer available. Information provided for existing account holders.

Dual Rate Investment Account

Currency	CAD
Minimum balance	50,000
Maximum account balance	20,000,000*
Monthly Fee	$10.95 No monthly fee with a balance of $8,000 or more
Stable Balance*	Interest Rates⁴ (effective November 01, 2024)
$1,000,000 - $20,000,000	3.25%
$50,000 - $999,999	3.15%
Fluctuating Balance⁴	1.55%

Right Size Savings for business - Interest is paid on the portion of credit balance within each tier.

Business Interest Account - No longer available. Information provided for existing account holders

AgriInvest Account

Annual Interest Rate

1.75%

Business Investment Account

	Interest Rate
	$ CDN Account	$ USD Account
$25,000,000 - $50,000,000	3.75%	3.55%
$7,500,000 - $24,999,999	3.75%	3.55%
$2,000,000 - $7,499,999	3.75%	3.55%
$25,000 - $1,999,999	3.25%	3.25%
Under $25,000	0.000%	0.000%

Retail Terms and Conditions

Rates are provided for information purposes only and are subject to change at any time.

The interest rate paid depends on the total daily closing balance. Interest rate is applied to the entire balance, calculated daily, and paid monthly. Regular interest is stated as an annual rate.

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Interest is calculated daily and will be paid monthly on the entire balance up to $2,000,000 when the minimum daily closing balance of $25,000 is met.

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A maximum of five Premium Periods at any one time, each of which can have a length of 90 days, 180 days, 270 days, or 360 days. For each Premium Period, Premium Interest is calculated daily by applying the Premium Interest Rate to each deposit, including any accumulated Regular Interest, until the end of the Premium Period. Premium Interest is paid at the end of each Premium Period, so long as NO DEBIT TRANSACTION HAS OCCURRED within that Premium Period. When a debit transaction occurs, no Premium Interest is payable for that Premium Period and a new Premium Period of the same length will commence the same day. Refer to Current Rates Page for current Regular Interest Rates, which are subject to change.

Preferred Package account holders will receive a boost to the Regular Interest Rate (the “Preferred Interest Rate Boost”). Refer to the Current Rates Page on Scotiabank.com for the Total Annual Interest Rate applicable to the Preferred Package (current Regular Interest Rate plus Preferred Interest Rate Boost), which is subject to change at any time without advance notice. It will take up to 10 business days after activating a Preferred Package account for the Preferred Interest Rate Boost to apply. The Preferred Interest Rate Boost will cease to apply effective as of the date that the Preferred Package account is closed. The Preferred Interest Rate Boost is an annual rate calculated daily on the Momentum^PLUS Savings Account(s) closing balance and paid monthly.

Ultimate Package account holders will receive a boost to the Regular Interest Rate (the “Ultimate Interest Rate Boost”). Refer to the Current Rates Page on Scotiabank.com for the Total Annual Interest Rate applicable to the Ultimate Package (current Regular Interest Rate plus Ultimate Interest Rate Boost), which is subject to change at any time without advance notice. It will take up to 10 business days after activating an Ultimate Package account for the Ultimate Interest Rate Boost to apply. The Ultimate Interest Rate Boost will cease to apply effective as of the date that the Ultimate Package account is closed. The Ultimate Interest Rate Boost is an annual rate calculated daily on the Momentum^PLUS Savings Account(s) closing balance and paid monthly.

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Momentum Savings Premium is paid at the end of each 90 day period (Momentum Savings Period) if you do not initiate or permit any debit transaction or allow your balance to fall below the minimum balance required during that period.

If your dealer is The Bank of Nova Scotia, any Canadian currency you hold as cash in your account is also protected by CDIC, subject to maximum coverage and other limitations. If Scotia Securities Inc. is your dealer, Canadian currency held as cash is not insured by the CDIC. However, Canadian currency GICs or high interest savings held in a Scotia Securities Inc. account are issued by member institutions of the CDIC, and may be insured as eligible deposits, subject to maximum coverage and other limitations.

Scotia One Service

This savings account offers interest based on the minimum monthly balance of the account, paid quarterly.

Interest is calculated on the daily closing balance and paid monthly on the last business day of the month or statement period, and on closing the account.

Getting there Savings Program for Youth

Rates are provided for information purposes only and are subject to change at any time.

Interest is calculated on the daily closing balance and paid monthly.

Business Terms and Conditions

Rates are provided for information purposes only and are subject to change at any time.

Dual Rate Investment Account

The stable portion of your balance that is defined as the lowest end of day balance over the current Investment Period. The rate is applied to the entire Investment Balance within the highest applicable tier. The fluctuating balance is determined by subtracting the stable portion of the balance from the average monthly balance.

Right Size Savings for Business

Interest is calculated on the applicable portion of the daily closing credit balance in each tier, at the corresponding rate for that tier. Interest will be paid on the entire balance up to $2,000,000 when the minimum daily closing balance of $10,000 is met. Interest is calculated and paid to your account at the end of the statement cycle.

Business Investment Account

Interest is calculated on the daily closing credit balance and paid monthly. Minimum balance requirement $25,000.

If your organization has deposit requirements for amounts in excess of the maximum balance limit, please contact your Scotiabank Representative.

Business Interest Account

Interest is calculated on the daily closing credit balance and paid monthly. For U.S. dollar accounts, interest is calculated on the average monthly closing credit balance after deducting the deposit float compensating balance requirement and paid monthly. The deposit float compensating balance requirement is equal to the dollar value of deposits during the statement period multiplied by 2.2 (average number of float days) and divided by the number of calendar days in the statement period. Minimum balance requirement $5,000.