Money Master Savings Account

Earn interest on every dollar you save

Monthly Fee

FREE

Access your money at any given time

EASY ACCESS

    

Free Add-Ons

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

  • Account Details

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

    Core Account Features & Fees
    Monthly Fee
    Free
    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
    $5.00/each
    Minimum daily balance to waive fee
    N/A
    Record-Keeping Charges may apply for additional record-keeping services
    Paperless
    Free
    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
    Bank-To-Bank Transfer

    A free, quick and convenient way to transfer your savings to Scotiabank

    Get started today., Bank-To-Bank Transfer
    Eligible for CDIC Insurance4

    Please see CDIC Deposit Insurance information for further details.

    CDIC

    Tools

    Account Selector

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    Chequing & Savings Comparison Tool

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    Money Finder

    Compare your income to your expenses.

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    Pay Yourself First

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

    Use This Tool, Pay Yourself First

    A simple way to start saving

    In Person

    Make an appointment

    Find a branch
    By Phone

    takes about 8 minutes

    1 (800) 472-6842
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