SAVINGS

Save for tomorrow, starting today

Discover your perfect savings account, no matter what your financial goals are. 

Savings accounts for every future

Save your way with a flexible account. 

FLEXIBLE SAVINGS

Money Master Savings Account

$0 per month

Grow your money
with our smart savings tools

Access your money 
at any time  

No minimum balance 
needed in your account

Open an account
See if it's right for you

SAVINGS BOOSTER

Savings Accelerator Account

$0 per month

Add onto
any non-registered or registered plan

No minimum balance 
needed in your account

Unlimited
self-service transfers between your Scotia accounts3

Learn moreLearn about Savings Accelerator Account

Need help choosing an account?

Included with every Scotia savings account

Mobile and online banking

4,000+ ABM and convenient branch locations

Personalized financial advice 

Frequently asked questions

Bank better

Looking to change your Scotia account?


We’ll help you make the switch. 

Advice+ for financial planning


Tips and tools to build a financial plan.

Save with every purchase


Find out how you can save money, every time you use your debit card.

Discover our
services

Tips to reduce fees

Maximize your savings 

Savings account interest rates

More account information

Branch locator

Canada Deposit Insurance Corporation

Regulatory information

Get to know
your account

Eligible for CDIC Insurance

CDIC Badge
Contact us Book an appointment
2
Self-Service Transfer means a transfer to your other Scotiabank account without the help of a Teller, including through Scotia OnLine®, Scotiabank Mobile Banking and Contact Centre. The MomentumPLUS Savings Account does not have ABM or Point of Sale access or automated direct bill payment functionality.
3
Self-service refers to any transfers processed without the help of a Scotia Advisor. You have unlimited no-fee self-service transfers to other Scotiabank accounts using Scotia OnLine, mobile banking, or over the phone. A $5.00 service charge applies for any in-branch transaction. Standard withdrawal and transfer fees apply for all registered plans.
4
Refer to Bank The Rest® Savings Program page for further details.
5
Only teller-assisted debit and withdrawal transactions conducted at your branch of account are allowed on this account. ABM, telephone and Internet banking services, direct payment transactions, bill payments, overdraft protection and cheque-writing privileges are not available on this account.
6

Compared to other consumer credit cards publicly offered by Canadian Schedule 1 banks as of March 3, 2023. 

We will not charge you Foreign Transaction Fees on foreign currency transactions, including purchases, only the exchange rate applies. The term “Foreign Transaction Fees” is a substitute for “Foreign Currency Conversion” as described in the Disclosure Statement you received with your Card. This fee relates to the 2.5% mark-up that is typically charged by credit card issuers in addition to the exchange rate. See the Foreign Currency Conversion section of the Disclosure Statement for this Card for full details. Rates and fees are subject to change.

7
The primary account holder of the Ultimate Package qualifies for a monthly account fee waiver on a Scotia® U.S. Dollar Daily Interest Account. The primary account holder on the Ultimate Package account can be either the primary or joint account holder on the Scotia® U.S. Dollar Daily Interest Account. If the primary account holder of the Ultimate Package had a Scotia® U.S. Dollar Daily Interest Account prior to activating an Ultimate Package the fee waiver will apply to the bill cycle following the activation of the Ultimate Package. Both accounts must be in good standing. Limit of one (1) Scotia® U.S. Dollar Daily Interest Account per Ultimate Package account.
®
Registered Trademark of The Bank of Nova Scotia