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Money Master Savings Account

Earn interest on every dollar you save

Monthly Fee


Access your money at any given time


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

  • Free Add-Ons

    With the Bank The Rest© Savings Program you can grow your savings every time you use your debit card. Learn more.

    Account Details

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

    Core Account Features & Fees
    Monthly Fee
    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
    Paper Statement
    $2.25 per statement
    CDIC Eligible4 Yes
    Interest Rate
    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.

    Find out more, Free Scotia® InfoAlerts
    Online & Mobile Banking

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

    Find out more, Online & Mobile Banking
    Interac3 e-Transfer

    All you need is an email address and you can send money to friends and family who have a Canadian bank account.

    Send money now, Interac3 e-Transfer
    Pay Yourself First

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

    Set up pre-authorized contributions, Pay Yourself First


    Account Selector

    Find the right account for me.

    Use This Tool, Account Selector
    Money Finder

    Compare your income to your expenses.

    Use This Tool, Money Finder

    A simple way to start saving

    In Person

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    By Phone

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    1 (800) 472-6842

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