Deposit Account Rate Summary
Retail Banking
MomentumPLUS 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 AccountTM
Scotia Power Savings AccountTM
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 |
0% |
Preferred Package
Annual Interest Rate |
0% |
Basic Plus Bank Account
Annual Interest Rate |
0% |
Basic Bank Account
Annual Interest Rate |
0% |
Student Banking Advantage® Plan
Annual Interest Rate |
0% |
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.
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.
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.
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
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.