Main features and perks

  • The longer you save, the higher your interest2
  • Choose the timeline and track as you earn
  • Save for multiple goals in one account
  • Earn a savings rate of up to 6.05%* for 3 months on a MomentumPLUS Savings Account

Is this Savings Account right for you?

Right for you if you:

  • Want to save longer to receive higher interest
  • Will not require ABM, Point of Sale access, or automated direct bill payment functionality
  • Want free unlimited transfers between Scotiabank accounts via self-service

May not be right for you if you:

  • Want to use for everyday banking such as purchases, ABM transactions, and payroll deposits

More product benefits


Account features

No monthly account fees 


Mobile deposit

Take a picture of your cheque and deposit it into your account

Move money

Automatic Savings

Set up an automatic savings plan and watch your savings grow

Request money


Unlimited self-service transfers3

More perks

  • No minimum balance required
  • Free paperless record keeping or online statements

You may also like this alternative


Money Master Savings Account

  • Earn interest on every dollar you save1 
  • Savings made easy with Bank the Rest® or automatic contributions 
  • Convenient and easy access to your money, whenever you need it 

Find the right account for you

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