Student accounts
Where youths and students can save while they learn.
Plan for success with the Student Hub
The best path forward to financial tips, tools, and advice to help students manage their money better.
Get a bank account that rewards you for being you
Student Banking Advantage® Plan
A worry-free account matched for student life
Earn up to $435* in value when you bundle your banking.
- No monthly account fee1, unlimited debit and Interac e-Transfer† transactions2
- Earn points on everyday purchases with the Scene+TM program3
- $4.99 per trade and Trade 1 Get 1 Free at Scotia iTRADE® 4
Getting There Savings Program® for Youth
Start building healthy financial habits early
- Unlimited debit and Interac e-Transfer transactions2
- Earn points on everyday purchases with the Scene+TM program3
All accounts include:
Unlimited transactions
Free e-Transfers
Online banking
Mobile banking
Make sure your math is mathing
Students can earn up to $435* in value with the Scene+TM Student Banking Bundle.
Student life just got easier
Not just banking, but all parts of your life
Earn Scene+™ points every time you spend!
Earn 1 Scene+ point for every $5 you spend on debit purchases3
Student Professionals
Setting you up for financial success in your professional field of study
ScotiaLine® Personal Line of Credit for Students
A tailored way to borrow money for school with flexible repayment options and competitive interest rates.
Why choose Scotiabank?
Visit us in person
Book an appointment to talk with a Scotiabank advisor.
Current offers
The best account is the one that rewards you.
24/7 banking
Bank when you want, where you want with online and mobile banking.
Value of up to $435 in welcome bonuses and point value with the Scene+™ Student Banking Bundle includes $100 cash and up to 20,750 in bonus Scene+ points (valued at up to $207.50) as follows:
- $100 cash offer and 7,500 Scene+ points ($75 value) for new Student Banking Advantage® Plan customers
- 5,000 Scene+ points ($50 value) for new Scotiabank® SceneTM Visa* Card customers
- 1,250 Scene+ points ($12.50 value) for new customers who combine the products above with a new MomentumPLUS Savings Account
- 5,000 Scene+ points ($50 value) when you bundle all 3 of the above accounts and complete certain qualifying transactions
- $149.90 in savings with the Scotia iTRADE® perk for Student Banking Advantage Plan holders ($4.99 per trade and Trade 1 Get 1 Free at Scotia iTRADE®)
Conditions apply. Please see Scotiabank® Scene+TM Bundle for Students Offer.
As of January 1, 2023, new and existing Student Banking Advantage Plan account holders who open a new Scotia iTRADE account for the first time qualify for both of the following benefits:
- Preferred $4.99 pricing on eligible commissionable trades (regularly $9.99). Note: it will take up to 10 business days from the date of opening a new Student Banking Advantage Plan or Scotia iTRADE account for the discounted $4.99 commission pricing to apply.
- Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 20 in the first calendar year, and 10 in the second calendar year and thereafter while the Scotia iTRADE customer is a Student Banking Advantage Plan account holder). The rebate relating to options will be applied to base commissions only.
As of January 1, 2023, new and existing Student Banking Advantage Plan account holders who have an existing Scotia iTRADE account qualify for both of the following benefits:
- Preferred $4.99 pricing on eligible commissionable trades (regularly $9.99). Note: it will take up to 10 business days from the date of opening a new Student Banking Advantage Plan or Scotia iTRADE account for the discounted $4.99 commission pricing to apply.
- Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 10 in the first calendar year and thereafter while the Scotia iTRADE customer is a Student Banking Advantage Plan account holder). The rebate relating to options will be applied to base commissions only. Trade one get one free rebates: The rebate will be applied to the account holder’s non-registered Scotia iTRADE account, or in its absence, their registered Scotia iTRADE account, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first 10 business days of the month following the month that the trades were executed.
Eligibility & Exclusions:
- Eligible commissionable trades include stocks, ETFs and options placed across all Student Banking Advantage Plan account holder(s)’ Scotia iTRADE accounts within the calendar year since the later of January 1, 2023 or the time when a client opens a Scotia iTRADE account.
- Corporate and non-personal Scotia iTRADE accounts are not eligible.
- The student (the primary account holder of the Student Banking Advantage Plan account) can be either the primary or joint account holder of the Scotia iTRADE account.
- Only the primary account holder of a Student Banking Advantage Plan account will be entitled to receive the preferred $4.99 pricing or get their commissions reimbursed for every second eligible commissionable trade, as applicable, into their Scotia iTRADE account.
- Both the Student Banking Advantage Plan account and Scotia iTRADE accounts must be in good standing on the last day of every month.
- The Scotia iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due.
- No cash redemption value.
This offer can be combined with other Scotia iTRADE programs (excluding Preferred Package) and campaigns unless otherwise specified. Should free trade rebates be awarded for the other programs and campaigns, those free trades will be applied first until fully consumed before applying Student Banking Advantage Plan free trades rebate.
Scotia iTRADE ® (Order-Execution Only) is a division of Scotia Capital Inc. (“SCI”). SCI is regulated by the Investment Industry Regulatory Organization of Canada and is a member of the Canadian Investor Protection Fund. Scotia iTRADE does not provide investment advice or recommendations and investors are responsible for their own investment decisions.