To qualify for the $60 welcome bonus (the “Offer”), you must:

1. Open a new Student Banking Advantage Plan (an “Eligible Account”) by January 31st, 2022; and

2. Complete either 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♢♢, such as payroll, or
  • Set up and clear at least one (1) eligible recurring pre-authorized transaction♢♢ which will recur monthly for a minimum of two (2) consecutive months.

The $60 cash bonus will be deposited directly into your new Student Banking Advantage® Plan within 6 months from account open date provided all offer conditions outlined have been met. See terms and conditions below for full details.

Two simple steps to enter for your chance to win $30,000

Step 1: Earn one (1) Entry into the Contest when you open a Student Banking Advantage® Plan.

Step 2: Fill in the contest registration form. Click here for full contest details.

Student Banking Advantage® Plan

A worry-free account matched for student life

Top Features:

  • No monthly account fee4
  • Unlimited debit transactions1 and Interac e-Transfer transactions2
  • Earn rewards on debit transactions3
Special Offer

Earn a $60 welcome bonus5 plus a chance to win $30,000

Account features


  • Unlimited debit transactions1

  • Unlimited Interac e-Transfer transactions2

  • SCENE or Scotia Rewards program3

No boundaries

  • No monthly account fee

  • Free paperless or paper statements

Package fees


* Must be currently enrolled full time in a post-secondary institution in Canada or the U.S. (Domestic or International students)4

What you can access with every account

  • Mobile and online banking

  • Mobile cheque deposit

  • Free credit score††

  • Shop with convenient VISA Debit and Interac Flash payment options

  • Apple Pay, Google Pay and Samsung Pay

Reward yourself more often with a SCENE®* Student Banking Bundle

Earn $605 PLUS up to 7,500 SCENE®* points when you bundle your banking.

Banking with Scotia just makes sense

  • Get your fees waived!

  • Overdraft protection

  • Earn rewards on your everyday purchases

  • Convenient branch & 4,000+ ABM locations

  • Personalized financial advice

Easy Switch

We made switching banks easy, just for you.


Learn how to switch to Scotia


Student life just got easier

Find advice on how to maximize your budget and how Scotiabank can help you get there.

Visit Student Hub


New to Canada?

Get advice on all things Canadian to help you navigate student life.

Scotiabank StartRight® Program6