High Interest Savings Accounts

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If you're 60 or older you'll save up to $4.00 on the monthly account fee.

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The Scotiabank Savings Accelerator Account is available for all Registered Plans, such as RRSP, TFSA, RESP, RRIF and RDSP. The Scotiabank Momentum Savings Account is available for non-registered savings accounts only.

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.