RatesSee the latest rates for all our products
We bring you competitive interest rates every day, and from time to time we also offer special promotional rates on a variety of products.
Scotiabank Prime Lending Rate [prime_rate]
Bank of Canada Overnight Target Rate [bank_of_canada_rate]
Effective Date [bank_of_canada_rate_date]
CAD Scotiabank Reference Rate* [cad_bns_rate]
Effective Date [cad_bns_rate_date]
US Federal Funds Target Rate** [usd_fed_rate]
Effective Date [usd_fed_rate_date]
USD Scotiabank Reference Rate* [usd_bns_rate]
Effective Date [usd_bns_rate_date]
Foreign Currency Accounts
Negative Interest Rate for EUR Accounts1 (0.60%)
Effective Date January 1, 2020
Business Interest-Bearing Accounts
These accounts allow you to perform your daily operations as well as providing a competitive interest rate on your balances in Canadian and U.S. dollars.
CAD Scotiabank Reference Rate and USD Scotiabank Reference Rate are reference interest rates set by the Bank of Nova Scotia from time to time and are subject to change without notice.
The highest number in the range set by the Federal Open Market Committee (FOMC).
EUR accounts currently bear negative interest in the manner specific specified in Your Guide to Fees and Interest Schedules. The Negative Interest Rate for EUR Accounts is set by the Bank of Nova Scotia from time to time and is subject to change without notice.