Winter Investments Campaign Offer
Terms and Conditions

General Terms:

Customers are responsible to confirm their contribution limits noted on their most current Notice of Assessment issued by the Canada Revenue Agency prior to making any contribution to their Eligible Investment Plan(s). Scotiabank is not responsible for any contribution over a customer’s limit in connection with this Offer.  Neither the Cash Bonus nor the Points Bonus will be considered a contribution and therefore will not impact contribution limits.   

As applicable, the Cash Bonus will be paid into your new Eligible Investment Plan and the Points Bonus will be credited to the Scene+ membership account connected to your Scotiabank debit or credit card by July 31, 2023 provided all Offer conditions outlined above have been satisfied.  Your Eligible Investment Plan(s) must be open and in good standing at the time of the Cash Bonus or Points Bonus payout. For purposes of this Offer, an Eligible Investment Plan is not in 'good standing' if the account holder is in breach of the Eligible Investment Plan account agreements.  If more than one (1) Eligible Investment Plan is opened and each qualifies for the Offer, the cash bonus will be paid into one of the Eligible Investment Plan(s) in the following order: Eligible RRSP then Eligible TFSA.  In the case where multiple Eligible Investment Plans of the same type are opened (e.g., where multiple Eligible RRSPs are opened), the Cash Bonus will be paid into one of the new Eligible Investment Plans.  For a spousal RRSP, the Cash Bonus will be paid into that plan and not paid to the contributor. If an eligible customer has multiple Scene+ membership accounts, only one account will be credited.

This Offer is non-transferable, non-saleable, may not be exchanged for cash and may not be duplicated. Limit of one (1) Cash Bonus and Points Bonus per customer, regardless of the number of Eligible Investment Plans opened. Offer may be changed, cancelled or extended at any time and cannot be combined with any other offers except as otherwise permitted.

Scene LP in its sole discretion, reserves the right to revoke any Scene+ points issued in connection with this Offer and/or cancel Scene+ membership accounts, if Scene LP feels the Scene+ points were issued or used fraudulently or not in accordance with these Terms and Conditions. Any discrepancies with Scene+ points must be addressed with the SCENE Help Centre at the following link.

Non-Redeemable GIC:

The Scotiabank GIC Bonus Scene+ Points Offer (the “Offer”) is available to individuals who purchase a Canadian Dollar Non-Redeemable GIC with a term of at least 2 years (“Eligible GIC”) between December 1, 2022, and March 31, 2023 (the “Offer Period”) and meet all other Offer conditions.

All other Scotiabank GICs, including non-redeemable GICs with terms less than 2 years, Market Linked GICs, Personal Redeemable GICs, Cashable GICs, and Guaranteed Income Optimizers are not eligible for the Offer. Eligible GICs can be purchased within either non-registered account or registered plans such as RRSP, TFSA, etc.

To qualify for a Scene+ point bonus (the “Points Bonus”):

  1. Purchase a new or renew an existing investment into an Eligible GIC during the Offer Period.
  2. The sum of Eligible GIC principal amounts purchased during the Offer Period must be equal to or greater than $5,000.
  3. By or on May 1, 2023, hold a Scotiabank debit or credit card that earns Scene+ Rewards (click here for eligible products) in good standing. 

The Points Bonus you qualify for (Tier 1-4) will depend on the sum of Eligible GIC principal amounts purchased during the Offer Period under step 2 above, as follows:

 

Tier 1

Tier 2

Tier 3

Tier 4

Sum of Eligible GIC Principal Amounts

$5,000 - $49,999

$50,000 – $249,999

$250,000 - $999,999

≥$1,000,000

Points Bonus

1,500

3,000

9,000

15,000

 

The Points Bonus will be credited to the Scene+ membership account connected to your Scotiabank debit or credit card by July 31, 2023, provided all Offer conditions outlined above have been satisfied.  Your Eligible GIC(s) must be open at the time of the Points Bonus payout. If more than one (1) Eligible GIC is purchased and each qualifies for the Offer, the Points Bonus will be credited based on the sum of the Eligible GIC principal amounts purchased during the Offer Period. If the Eligible GIC(s) is purchased in a joint investment plan, only the primary joint account holder will be eligible to receive the Points Bonus. If an eligible customer has multiple Scene+ membership accounts, only one account will be credited. All other terms and conditions of the Eligible GIC(s) purchased/renewed continue to apply, including any minimum amounts.

This Offer is non-transferable, non-saleable, may not be exchanged for cash and may not be duplicated. Limit of one (1) Points Bonus per customer, regardless of the number of Eligible GICs opened. Offer may be changed, cancelled, or extended at any time and cannot be combined with any other offers except as otherwise permitted.

SCENE LP in its sole discretion, reserves the right to revoke any Scene+ points issued in connection with this Offer and/or cancel Scene+ membership accounts, if SCENE LP feels the Scene+ points were issued or used fraudulently or not in accordance with these Terms and Conditions. Any discrepancies with Scene+ points must be addressed with the SCENE Help Centre at support@sceneplus.ca. 


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

Scotiabank Savings Accelerator Account:

The Promotional Interest Rate Offer (the “Offer”) applies to New Deposits (defined below) made into an eligible Scotiabank Savings Accelerator Account (“SSAA”) between November 10, 2022 and April 30, 2023 (the “Offer Period”). Eligible SSAAs include only those held within a Registered Retirement Savings Plan (RRSP) or a Tax-Free Savings Account (TFSA). SSAAs held within a RRIF, LIF, Registered Locked-In RSP, RESP, RDSP or any other registered plan or non-registered plan are not eligible for this Offer.

During the Offer Period, a promotional interest rate of 3.25% (the “Promotional Interest Rate”) will be earned only on that portion of the SSAA Daily Balance that is greater than the SSAA Daily Balance as of November 9, 2022 (“New Deposits”). The “SSAA Daily Balance” means, with respect to any particular day, the closing balance in the eligible SSAA. In addition, New Deposits will continue to earn interest at the posted annual interest rate for the SSAA (click here for current rates).

The Promotional Interest Rate will cease to apply as of May 1, 2023. Promotional interest earned during the Offer Period will be calculated daily and paid monthly. All interest rates described herein are annual rates.

SSAAs must be open and in good standing in order to receive any interest calculated at the Promotional Interest Rate. For purposes of this Offer, a SSAA is not in 'good standing' if it has a negative balance or the account holder is in breach of the account agreement with Scotiabank.

It is the SSAA account holder’s responsibility to determine his or her maximum allowable annual contributions in SSAAs held in registered plans.

All other terms and conditions of the SSAA continue to apply, refer to www.scotiabank.com/ca/en/personal/bank-accounts/savings-accounts/savings-accelerator-account.html for details, including calculation of interest.

This Offer, including the Promotional Interest Rate, may be changed, cancelled or extended at any time, in whole or in part, without notice.