The Right Size Savings for business is available in Canadian Dollars only and offers competitive interest rates which are calculated on a tiered, progressive basis with higher rates for higher balances. A minimum balance of $10,000 is required for interest calculation. In addition, no monthly account maintenance fee is applicable to the Right Size Savings for business.

Refer to Your Guide to Fees and Interest Schedules for transaction and service types that qualify for the tiered pricing structure. Additional deposit contents and sundry service fees apply.

This account offers unlimited free Canadian dollar self-service transfers to and from your other Scotiabank accounts when you use Scotia OnLine® Financial Services, ScotiaConnect digital banking services, TeleScotia® telephone banking services, Scotiabank Automated Banking Machines (ABMs) or Internet Banking Services. Please see your Your Guide to Fees and Interest Schedules for details. As this account is intended for savings, a fee of $5.50 is applied on the following debit transactions (per item): ABM Withdrawals, Cheques, Direct Payments, Bill Payments (ABM, Scotia OnLine®, ScotiaConnect or TeleScotia®), and Other Debits. All other standard pay-per-use banking transaction, deposit and sundry service fees as outlined in Your Guide to Fees and Interest Schedules apply.

The Right Size Savings for business is available in Canadian Dollars only and offers competitive interest rates which are calculated on a tiered, progressive basis with higher rates for higher balances. A minimum balance of $10,000 is required for interest calculation. In addition, no monthly account maintenance fee is applicable to the Right Size Savings for business.

Interest rates are subject to change.

 To qualify for the interest rate bonus offer (the “Offer”) you must:

1. Open a new Right Size Savings for business Account (the “Account”) between April 1st, 2026, and August 31st, 2026, and

2. Deposit and/or maintain a minimum daily balance of CAD$10,000 in the Account.

Funds in your Account will earn an interest rate bonus of 0.80% (the “Bonus Rate”) (up to a maximum balance of CAD$2,000,000) for 4 calendar months commencing within 5 business days after we receive this Offer Letter accepted by you (“Bonus Rate Period”). Bonus Rate interest is calculated daily and paid monthly. During the Bonus Rate Period, regular interest will also continue to be applied and will be calculated on a progressive tiered basis with higher rates for higher balances based on the daily closing credit balance (up to a maximum balance of CAD$2,000,000) and paid monthly. A minimum daily balance of CAD$10,000 is required for the Account for any interest to be applied.

Upon the conclusion of the Bonus Rate Period, without notice, the Bonus Rate will no longer be applied, and your Account will revert to the then current posted tier interest rate applicable to your Account. All rates are annual and are subject to change. Visit https://www.scotiabank.com/ca/en/business-banking/rates-prices/interest-bearing-account-rates.html for current tiered interest rates. The Account must be open and in good standing in order to receive any interest calculated at the Bonus Rate. All other terms and conditions of the Right Size Savings for business Account continue to apply; refer to your guide to fees and interest schedule for details, including calculation of interest.

This Offer is available to Business Banking customers who meet all Offer conditions, excluding the following:

• Employees of Scotiabank
• Commercial (mid-market and National accounts) and Corporate segment clients
• Customers who currently have an active Right Size Savings for business account 
• Clients with existing deposits with special pricing and / or interest arrangements
• Provincially regulated accounts such as Lawyers/Real Estate/Notaries Pooled Trust accounts, AgriInvest accounts, and accounts that are included as part of a Money Management Service (MMS)

The Offer is non-transferable and may not be duplicated. Limit of one (1) Offer per customer, regardless of the number of Accounts opened. If more than one (1) Account is opened, only the first Account opened will be eligible for the Bonus Rate. All rates, fees, features, and benefits are subject to change. The Offer may be changed, cancelled, or extended at any time without notice and cannot be combined with any other offers.