Banking solutions for physicians

Banking that grows with you throughout your career.

At Scotiabank, our specialized business banking team has partnered with MD Financial Management (MD Financial) to offer the right advice and banking solutions for you – no matter the size of your business.  As a practising physician, the Physician Banking ProgramΔ offers you savings and rewards on business banking solutions to help you manage your finances.

Scotia Professional® Plan 

  • Scotia Professional® Plan line of credit with preferred interest rate of Prime1
  • Scotia Professional® Plan Lite with up to $5,000 in overdraft protection at Prime1
  • Low monthly plan fees 

Select Account for business 

  • Monthly plan fee waiver for Plan B (value of $35 a month ) with no minimum balance required
  • Plan B is a premium operating account which includes 70 transactions2 and 60 deposit3 items per month
  • Other Select Account for business plans are available

Scotiabank Passport Visa Infinite Business Card4

  • First year $199  annual fee waiver for primary card holder
  • For a limited time, earn up to 50,000 bonus Scotia Rewards® points in your first year5 (value of up to $500)
  • No annual fee for secondary card
  • Earn up to 1.5X Scotia Rewards® points on eligible business purchases6
  • Complimentary airport lounge membership including 6 free visits per year (value of $300)7
  • No foreign transaction fees on foreign currency purchases made on your card (only the exchange rate applies)8 and comprehensive insurances9
  • Preferred annual interest rates are 19.99% on purchases and 22.99% on cash advances

Scotiabank Momentum for Business Visa Card

  • Save the annual fee ($49 continuous annual fee rebated)
  • Up to 3% cash back on everyday purchases10
  • Longer interest-free grace period of 25 days11
  • 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that)12

Chase Merchant Services13

  • Comprehensive payment processing solution with competitive rates for debit and credit card processing
  • Free deposits with Scotiabank Business Account Plan14 
  • Next business day funding15

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Personal banking solutions for physicians including bank accounts, credit cards, line of credit and mortgages

View Solutions Personal Banking Solutions

Personal Banking Solutions

Personal banking solutions for physicians including bank accounts, credit cards, line of credit and mortgages

View Solutions Personal Banking Solutions

Strategic borrowing solutions, transactional banking support, and a concierge and travel management service

View Solutions Private Banking Solutions

Private Banking Solutions

Strategic borrowing solutions, transactional banking support, and a concierge and travel management service

View Solutions Private Banking Solutions

Already an MD client and want to talk about your financial plans? Contact your MD Advisor or visit MD.ca

To learn more about the personal, private and business banking solutions available to you or book an appointment with a Scotiabank Healthcare Professional, call Scotiabank Healthcare+ at 1-888-222-3918.