Money Master Savings AccountEarn interest on every dollar you save
No-fee self-service transfers
Access your money at any given time
With the Bank The Rest© Savings Program you can grow your savings every time you use your debit card. Learn more.
Top reasons to choose this account
Unlimited no-fee self-service transfers to your other Scotiabank accounts1
No monthly fees2
Easy access to your money at any time
Earn interest on every dollar saved
Monthly Record-keeping Options and Fees, for complete details review Summary of Account Fees.
|Core Account Features & Fees
|Number of debit transactions
||Unlimited no-fee transfers to your other Scotiabank accounts using Scotia OnLine, Mobile Banking, ABM, TeleScotia and Customer Contact Centre
|Charge for additional debit transactions1
|Minimum daily balance to waive fee
|Record-Keeping Charges may apply for additional record-keeping services
||$2.25 per statement
|Interest paid on every dollar you save Current interest rate
Helpful Account Services
Great services to help you manage your money
Free Scotia® InfoAlerts
Receive an email, text message, or in app push notification when important account activity happens.
Online & Mobile Banking
Manage, move and monitor your money from wherever you are, whenever you want.
All you need is an email address and you can send money to friends and family who have a Canadian bank account.
A free, quick and convenient way to transfer your savings to Scotiabank
Eligible for CDIC Insurance4
Please see CDIC Deposit Insurance information for further details.
Chequing & Savings Comparison Tool
Find the one that's right for you.
Self-Service means transfers processed without the help of a Teller through Scotia OnLine®, Scotiabank Mobile Banking, ABM, TeleScotia® and Contact Centre. A $5.00 per-transaction fee applies on all debit transactions except transfers to your other Scotiabank accounts using Scotia OnLine, TeleScotia, Scotiabank Mobile Banking, Scotiabank ABM, and the Customer Contact Centre. Transactions for which a fee will be charged include branch-assisted withdrawals and transfers, ABM withdrawals, direct payment purchases, bill payments, pre-authorized payments, and cheque withdrawals
Applies to transfers of CAD only.
Deposits are eligible to be insured under the CDIC Act only if they are in Canadian Currency, have a term of 5 years or less and are payable in Canada.