Savings accounts
No matter what you're saving for, we've got the savings account that's right for you.
Earn a savings rate of up to 2.75%* with the MomentumPLUS Savings Account for a limited time.
What you can access with every account

Keep the change
You may not miss your spare change now, but it can add up over time.
With our Bank the Rest savings program, everyday purchases transaction made with your Scotiabank debit card will be automatically rounded up to the next multiple of $1 or $5 and transferred to your Money Master saving account.
What are you saving for?
Whether you’re saving for a big purchase or building your emergency fund, we can help you reach your goals.
Investing with a “PAC” mentality
How you can make your savings easy and automatic with pre-authorized contributions.
3 easy steps to starting an emergency fund
When it comes to unforeseen events like job loss, illness or major home repairs, it’s important to be financially prepared.
Includes Regular Interest Rate of 0.35% plus an Interest Rate Boost of 0.10% for Ultimate Package account holders or 0.05% for Preferred Package account holders, 360-Day Premium Period Interest Rate of 1.00% and a limited time Bonus Interest Rate of 1.30% as of April 26th (previously 1.00%) on New Funds. Premium Period Interest is earned when you choose a 90, 180, 270 and/or 360-day Premium Period. A longer Premium Period earns a higher Premium Interest Rate. Premium Period Interest is calculated daily, paid at the end of the applicable Premium Period. Bonus Interest is calculated daily at the Bonus Interest Rate of 1.00% on New Funds deposited between March 3, 2022– April 25, 2022 and at the Bonus Interest Rate of 1.30% thereafter until August 31, 2022 up to a maximum of $5,000,000 of New Funds and will be paid monthly. Regular Interest is calculated daily, paid monthly. Interest rates are per annum and subject to change. Visit the Current Rates Page for more information.