Scotia Funds Your Future Contest

Registered trademark of The Bank of Nova Scotia.

Scene+ and the Icon Design are trademarks of Scene Plus IP Corporation, used under license.

Visa Int. / Licensed User.

Interac e-Transfer is a registered trademark of Interac Corp. Used under license.

NO PURCHASE OR ACCOUNT OPENING NECESSARY. Contest runs from August 1^st, 2023 at 12:00:01 am (ET) to January 31st, 2024 at 11:59:59 pm (ET). Open to Canadian/Permanent Resident students and International Students 17+ who as of January 31^st, 2024 are resident in Canada and enrolled in a post-secondary institution in good standing. Two (2) winners will each receive 1 prize valued at CAD$30,000 consisting of (i) $10,000 deposited into a Scotiabank Student Banking Advantage Plan, (ii) a 1-year non-redeemable GIC for $10,000, and (iii) a 2-year non-redeemable GIC for $10,000. Total value of all Prizes to be awarded is CAD$60,000. One prize will be awarded to a Canadian Citizen/Permanent Resident, and one prize will be awarded to an International Student. Odds of winning depend on total number of eligible entries received from each category of entrant. Skill-testing question required. Some conditions apply. See full Official Rules at https://arm1.scotiabank.com/Rules for complete details.

Value of up to $360 in welcome bonuses and point value with the Scene+^TM Student Banking Bundle includes $100 cash bonus and up to 13,250 in bonus Scene+ points (valued at up to $132.50) as follows:

1. $100 cash offer for new Student Banking Advantage^® Plan customers
2. 5,000 Scene+ points ($50 value) for new Scotiabank^® SceneTM Visa^* Card customers
3. 1,250 Scene+ points ($12.50 value) for new customers who combine the products above with a new Momentum^PLUS Savings Account
4. 5,000 Scene+ points ($50 value) when you bundle all 3 of the above accounts and complete certain qualifying transactions
5. $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+^™ Bundle for Students Offer.

To qualify for the $100 welcome bonus (the “Offer”), you must: 

1. Open a new Student Banking Advantage Plan (an “Eligible Account”) by June 10, 2023; and
2. Complete one of the following activities in your Eligible Account within 60 days of Eligible Account opening:
   • Set up and clear at least one (1) eligible automated and recurring direct deposit or
   • Set up and clear at least one (1) eligible recurring pre-authorized transaction for a minimum of $25 per transaction, which will recur monthly for a minimum of  three (3) consecutive months.

♢♢Click here for a list of eligible direct deposits and pre-authorized transactions. While a transaction may be included in these lists, certain exclusions may still apply and Scotiabank reserves the right to modify these lists and to determine whether a specific direct deposit or pre-authorized transaction is eligible for the Offer. Fund transfers initiated to other Scotiabank accounts (one time or recurring, e.g. credit card or savings account), to chequing or savings accounts held at other financial institutions, or to payment processing firms, are not eligible for the Offer. 

 

Eligibility Exclusions: Individuals who are currently holders of a Scotiabank Chequing Account are not eligible for the Offer. Individuals who were previously holders of a Scotiabank Chequing Account within the last two (2) years are not eligible for the Offer. “Scotiabank Chequing Account” means any of the following accounts: Ultimate Package, Preferred Package, Scotia One Account, Basic Plus Bank Account, Basic Banking Plan, Basic Bank Account, Momentum Chequing, Power Chequing, Scotia One Service, Scotia Value, Student Banking Advantage Plan. Employees of Scotiabank are also not eligible for the Offer. 

 

General Terms: The 5,000 Scene+ points will be deposited to your Scene+ membership account  within six (6) months from account open date provided all Offer conditions outlined above have been met. The Eligible Account must be open and in good standing until the time of payout of the welcome bonus. The Eligible Account is not in "good standing" if: (i) it has a negative balance exceeding the authorized overdraft limit, or (ii) it has been in continuous overdraft for a period of three consecutive months. The Offer is non-transferable and may not be duplicated. Limit of one (1) Offer per customer, regardless of the number of Eligible Accounts opened. If more than one (1) Eligible Account is opened, only the first Eligible Account opened will be eligible for the Offer. For joint accounts, if at the time of awarding the 5,000 Scene+ points, each customer has a Scene+ ScotiaCard, the points will be split equally between account holders. All rates, fees, features and benefits are subject to change. The Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.

If you’re attending a university, community college, or another recognized post-secondary school in Canada or the United States, you can take advantage of this plan. This plan is available only for full-time students registered in a course for credit. To take advantage of the account benefits, you will need to provide proof that you are enrolled full-time at a qualifying post-secondary institution prior to November 30th. When you are no longer enrolled full-time or you have not presented proof enrollment, the plan will be removed and the account will automatically be converted to the Preferred Package with Grad Gift: monthly account fee waived for 12 months. After 12 months, the regular monthly account fees for the Preferred Package will apply.

Additional fees apply for shared ABM services, cross-border debit transactions and other banking services not included in the Student Banking Advantage Plan account package.

Scene+ ScotiaCard® debit card: Earn 1 Scene+ Point for every $5 on debit purchases (up to a maximum of 300 points per transaction and 600 points per day) made from an eligible Scotiabank chequing or savings account using your Scene+ ScotiaCard debit card linked to a Scene+ membership, including Interac Debit contactless  and Visa Debit transactions.  Normal Interac Debit contactless transaction limits apply. Scene+ Points accumulated using your Scene+ ScotiaCard debit card will be updated within 2-3 days to the associated Scene+ account.  Scene+ points are calculated on debit card purchases, less any refunds, returns, or other similar credits.  Other conditions apply. Scene+ points can be redeemed for travel, entertainment, shopping, dining, banking or online at www.sceneplus.ca. Visit www.scotiabank.com/sceneplusrewards for complete details.

The Preferred Package monthly account fee will be waived for the first 12 months provided the Preferred Package account remains in good standing.

A maximum of five Premium Periods at any one time, each of which can have a length of 90 days, 180 days, 270 days, or 360 days. For each Premium Period, Premium Interest is calculated daily by applying the Premium Interest Rate to each deposit, including any accumulated Regular Interest, until the end of the Premium Period. Premium Interest is paid at the end of each Premium Period, so long as NO DEBIT TRANSACTION HAS OCCURRED within that Premium Period. When a debit transaction occurs, no Premium Interest is payable for that Premium Period and a new Premium Period of the same length will commence the same day. Refer to Current Rates Page for current Interest Rates, which are subject to change.

When you don’t make any withdrawals within the Premium Period timeframe you select.