For once, bundling up feels good.

Earn up to $850 in first year value when you bundle your banking.

Make the most out of your banking package!

Earn up to $850 in bonuses and savings in your first year when you bundle your banking by October 31, 2023.

You’re pre-approved for a Scotiabank Value® Visa* Card1

Open a MomentumPLUS Savings account and earn up to 5.40% for the first three months2

Here’s how you can earn up to  $850 in bonuses and savings:

With a Scotiabank Value® Visa* Card, you could save $675 in interest,
when you make a balance transfer of $3,000 within the first 6 months3, plus save $29 in first year annual fees:

You pay 0% interest on eligible balance transfers with a low 1% fee for your first 6 months4 ($420 in interest saved when compared to other bank credit cards with an interest rate of 29.99%)

After the first 6 months, the annual interest rate on eligible balance transfers is a low 12.99%5 (Additional interest savings of $255 over the next 6 months)

Pay no annual fee for your first year (Savings of $29).4

Plus, with a MomentumPLUS Savings Account, you could earn $150 in interest6
when you make a deposit of $5,000, select a 90 day Premium Period and maintain that balance in your account for 12 months:

3.10% Welcome Bonus Interest Rate eligible for first 3 months2 ($38)

1.40% Regular Interest Rate7 ($70)

0.85% 90-Day Premium Period Interest Rate8 ($42)

0.05% Package Interest Rate boost with a Preferred Package9 ($2)

Your Scotiabank Value® Visa* Card comes with great benefits.

Right for you if you:

  • Would like the option of paying an annual fee to receive a lower interest rate
  • Want to obtain a convenient and secure payment method for everyday purchases, that can also help you to build your credit history if you make at least your minimum payments on time each month
  • Want an interest free grace period on purchases
  • Usually carry a balance on your card (consistently each month)

May not be right for you if you:

  • Prefer cash back or reward points
  • Don’t mind a higher interest rate on your card as you don’t carry a balance often (consistently pay off your balance in full), and value additional rewards and benefits offered by one of our other Cards

Not the right card for you?

Benefits you’ll love

Save up to hundreds of dollars a year on interest3

Pay down higher interest rate balances faster. A lower interest makes this card an affordable way to finance those medium to large purchases you are making.

Switch balances over from higher interest-rate credit cards. By consolidating your higher-rate balances on a lower-rate card, you’ll save on interest and make paying bills easier.

Fees, rates & other information5

Annual Fee: $29/year10

Interest rates:
on purchases
12.99% on cash advances

Minimum credit limit: $500

Each supplementary card: $0/year

Top reasons to open a MomentumPLUS Savings Account.

Right for you if you:

  • Want to save longer to receive higher interest
  • Will not require ABM, Point of Sale access, or automated direct bill payment functionality
  • Want free unlimited transfers between Scotiabank accounts via self-service

May not be right for you if you:

  • Want to use for everyday banking such as purchases, ABM transactions, and payroll deposits

Not the account for you?
Help me choose the right savings account

Account benefits

  • No monthly account fee
  • Save for multiple goals in one account
  • Unlimited self-service transfers11

Grow your money

  • Choose the premium period that suits you and track as you earn
  • Set up an automatic savings plan

Scotia perks

  • Take a picture of your cheque and deposit into your account using Mobile Cheque Deposit

Watch your savings grow over time

With the MomentumPLUS Savings Account, you can earn a savings rate of up to 5.40%2 for 3 months.

Regular interest rate7

Open an account and make a deposit to earn 1.50% regular interest rate.

Premium period interest rate8

Start a Premium Period and get up to 1.15% additional interest rate.


Rate varies depending on the select period: 

1.15%   |  360 days
1.00%   |  270 days
0.90%   |  180 days
0.85%  |  90 days

Bank account customers get an additional interest rate boost9

Ultimate Package customers earn an additional interest rate boost of 0.10%.


Preferred Package customers earn an additional interest rate boot of 0.05%

Welcome bonus interest rate2

Get a 3.10% Welcome Bonus Interest rate on eligible deposits for 5 months, if you open account during the campaign period.

Interest rates are per annum and subject to change. Visit the Current Rates page for more information.

Ready to bundle up?