We bring you competitive interest rates every day, and from time to time we also offer special promotional rates on a variety of products.

See the latest rates for all our products

Scotiabank Prime

Scotiabank Prime Lending Rate [prime_rate]

Effective  [prime_rate_date]

Reference rates

Rate%Effective date
Bank of Canada Overnight Target Ratebank_of_canada_ratebank_of_canada_rate_date
CAD Scotiabank Reference Rate*cad_bns_ratecad_bns_rate_date
US Federal Funds Target Rate**usd_fed_rateusd_fed_rate_date
USD Scotiabank Reference Rate* usd_bns_rateusd_bns_rate_date

Foreign currency accounts

Rate%Effective date
Interest Rate for EUR Accounts1 (0%)October 1, 2022

Rates for Scotiabank Small Business banking solutions


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.


Credit cards

Our cards offer a variety of benefits, rewards, and interest rates.


Loans and mortgages

Whether you're looking to buy a home or make a larger purchase, our borrowing options have you covered.


Savings accounts

Earn interest with any of our savings accounts, including U.S. and Euro accounts.



Consider our GIC products when you're looking for a rate of return that is guaranteed for the investment term.


Registered plans

We have registered plans to suit many different life stage needs - from RSPs, RESPs, and RDSPs.


Mutual funds

Choose from 58 different mutual funds, including balanced, equity, index, cash equivalent and more.


Foreign exchange

Need to buy, sell, or transfer foreign currency? We’re here to assist you. 

Have a question?

Try our Fees & Rates FAQs

How can we help?


Prefer to talk to us