Hello Kitchener!

This $300 Welcome Bonus Offer (the “Offer”) is for new Scotia One™ Accounts (an “Eligible Account”) opened between May 13, 2019 and Aug 13, 2019 at the Victoria Street Branch, Transit 43752, 1 Victoria Street, Kitchener, Ontario, Canada, N2G0B5.

To qualify for the Offer, you must complete two (2) of the following three (3) activities in your Eligible Account within 60 days of opening:

·       Set up an eligible recurring direct deposit (e.g., employer payroll, pension provider, or government) which will recur monthly for a minimum of three (3) consecutive months, or

·       Set up a minimum of two (2) eligible separate recurring pre-authorized transactions (e.g., utility payments, property taxes, loan/mortgage payments) with a minimum value of at least $50 per transaction which will each recur monthly for a minimum of three (3) consecutive months, or

·       Make at least one eligible online bill payment (e.g. utility bill, hydro bill, credit card payment, cable) of at least $50 through the Scotiabank Mobile App or through Scotia OnLine. The Eligible Account must be open and in good standing until the time of payout. 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 (3) consecutive months.

Scotiabank reserves the right to determine whether a specific recurring direct deposit, pre-authorized transaction or bill payment is eligible for the Offers.

The $300 cash bonus, as applicable, will be paid into the primary account holder’s Eligible Account within two (2) months following the satisfaction of the conditions outlined above.

The Eligible Account must be open and in good standing until the time of payout of the cash bonus. The Eligible Account is not in "good standing" if:

·       It has a negative balance exceeding the authorized overdraft limit, or

·       If it has been in continuous overdraft for a period of three (3) consecutive months.

This 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, the Offer awarded will be based on the first Eligible Account opened. For joint accounts, only one (1) cash bonus will be applied to the primary account holder’s Eligible Account.

All rates, fees, features and benefits are subject to change. Offers may be changed, cancelled or extended at any time and cannot be combined with any other offers. Employees of Scotiabank are not eligible for the $300 cash offer.

Some conditions may apply. All mortgage applications are subject to meeting Scotiabank’s standard credit criteria, residential mortgage standards and maximum permitted loan amounts. The offers can be changed or withdrawn at any time without notice and may not be combined with any other discounts, offers or promotions. For each offer, the minimum mortgage amount is $100,000, the new mortgage must be set up as a closed fixed rate mortgage with a 3 year term or greater or a closed variable rate mortgage with a 5 year term and the mortgage must be funded within 120 days of the application date.

For the appraisal fee waiver offer, Scotiabank will waive up to $300 to cover the costs of an appraisal ordered or approved by Scotiabank. The appraisal fee waiver offer is available for new home purchases only and does not apply to refinance transactions.

For the mortgage switch offer, Scotiabank will pay a maximum of $800 to the appropriate service provider to cover mortgage closing costs for services ordered directly or approved by Scotiabank. This amount will be treated as cashback and will be repayable to Scotiabank if the mortgage is assumed, paid out, transferred or renewed prior to the expiry of the mortgage term. The cashback amount may appear as an additional charge payable in any discharge or renewal statement, and will be calculated on an even prorated basis using a standard formula. Scotiabank will also cover up to a maximum of $400 towards any discharge or assignment fee (other than any prepayment charges) charged by the other financial institution in connection with the mortgage transfer (not applicable in Quebec). The mortgage switch offer is only available on transfer of existing mortgages from another lender or financial institution to The Bank of Nova Scotia and does not apply to refinance transactions. Prepayment charges with your existing lender may be applicable if the mortgage has not reached its maturity date. 

Subject to credit approval. Offer applies to new ScotiaLine Personal Line of Credit accounts (the “Account”) opened by August 13, 2019.The introductory interest rate of Prime + 1.50% takes effect when the Account is opened and will then continue for six months from that date. After the 6-month promotional period, the interest rate for Account balances that were at Prime + 1.50% will increase to the regular interest rate of Scotiabank Prime plus an adjustment factor (to be disclosed after credit adjudication).  Scotiabank Prime is the prime lending rate of The Bank of Nova Scotia published from time to time and is subject to change. We may also change the adjustment factor with prior notice. You can find the current Scotiabank Prime rate here. No annual fee. Rates and fees are subject to change. For current rates and information on fees and interest, call 1-888-882-8958.² Prime Rate is the prime lending rate published from time to time by Scotiabank. The prime rate is subject to change without notice. Visit [https://www.scotiabank.com/ca/en/personal/rates-prices.html] for Scotiabank's current prime rate.

The interest rate you pay on a Scotia RSP Catch-Up Line of Credit will vary with Scotiabank Prime plus the adjustment factor. Scotiabank Prime is the prime lending rate of The Bank of Nova Scotia published from time to time and is subject to change. We may also change the adjustment factor with prior notice. You can find the current Scotiabank Prime [lending] rate here. No annual fee. Rates and fees are subject to change. For current rates and information on fees and interest, call 1-888-882-8958.