Scotiabank MomentumPLUS Savings Account

No Monthly Fees


Regular1 + Premium Period Interest2


  No Minimum Balance

Earn Regular Interest1 plus Premium Period* Interest2.
Here’s how it works:

Rates table


See how much you can save

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Account Details

Monthly Record-keeping Options and Fees, for complete details review Summary of Account Fees.

Core Account Features & Fees
Monthly Account Fee Free
Number of Self-Service Transfers3 Unlimited
Charge for Each Debit Transaction that is not a Self-Service Transfer $5.003
Account Extra
Easy access to funds Easy access to funds through Scotia OnLine, mobile, and customer contact centre
Paperless Statement Free
Paper Statement N/A
CDIC Eligible4 Yes
Interest Rate
Interest paid on every dollar you save. Current Interest Rates.

Helpful Account Services

Great services to help you manage your money.

Online and Mobile Banking

Manage, move and monitor your money from wherever you are, whenever you want.

Find out more, Online and Mobile Banking
MomentumPLUS Savings Account tracker

Easily track your extra interest earned through Scotia OnLine and Mobile Banking.

Eligible for CDIC Insurance4

Please see CDIC Deposit Insurance information for further details.

Summary of monthly recordkeeping options & account fees

For complete details, refer to the Account Fees at a Glance page.

Free Add-Ons

Make saving easier with these convenient add-ons.

Pre-Authorized Contributions

Save automatically. It's the easiest way to save for the things that matter to you.


Account Selector

Find the right account for me.

Use this tool, Account Selector
Pay Yourself First Tool

See how Paying Yourself First can help you meet your savings goals.

Use this tool, Pay Yourself First Tool
Scotiabank Rewards Calculator

Discover how much money back you can earn.

Use this tool, Scotiabank Rewards Calculator

Scotiabank MomentumPLUS Savings Account

In person

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The longer you save, the higher your interest rate.

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