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Banking solutions for physicians

Banking that grows with you throughout your career.

Scotiabank has worked with MD Financial Management (MD Financial) to deliver the Physician Banking ProgramΔ with customized solutions to meet your unique needs as a physician. In addition to saving and rewards, this includes specialized policies and banking solutions created with medical professionals like you in mind. 

Personal Line of Credit

  • Preferred interest rate of Prime -0.25%1
  • No annual fee
     

Scotiabank Preferred Package Chequing Account

  • Monthly account fee waiver (value of $15.95 a month)
  • Earn $300 cashwhen you open a new Scotiabank Preferred Package by December 16, 2020
  • Unlimited free Interac e-Transfer transactions
  • 1 free non-Scotiabank ABM withdrawal per month in Canada3
  • Earn points on every purchase with choice of reward program (SCENE® or Scotia Rewards®)4
  • No monthly fee on a U.S. Dollar Daily Interest Account5
     

Scotiabank PassportTM Visa Infinite* Card

  • Save the annual fee ($139 annual fee waived continuously for Scotia Professional Plan customers6; customers not in Scotia Professional Plan receive a first-year fee rebate only)
  • Earn up to 45,000 bonus Scotia Rewards® points in your first year(value of up to $450)
  • Earn up to 2X Scotia Rewards® points on eligible purchases8
  • Complimentary airport lounge membership including 6 free visits per year9 (value of $300)
  • No foreign transaction fees on foreign currency purchases made on your card (only the exchange rate applies)10 and comprehensive insurances11
  • Preferred annual interest rates are 19.99% on purchases and 22.99% on cash advance
  • To qualify, the customer must have a minimum annual income of $60,000 or a minimum household income of $100,000 or a minimum assets under management of $250,000 

Scotiabank Gold American Express®  Card

  • Save the annual fee ($120 annual fee rebated12 or waived continuously)13
  • For a limited time, earn up to 25,000 bonus Scotia Rewards® points in your first year14 (value of up to $250)
  • Earn up to 5X Scotia Rewards® points on eligible purchases15
  • No foreign transaction fees on foreign currency purchases made on your card (only the exchange rate applies)16 and comprehensive insurances11
  • Preferred annual interest rates are 19.99% on purchases and 22.99% on cash advances
     

Mortgages and Home Equity Lines of Credit

  • Flexible solutions with preferred rates for residents, fellows and physicians on fixed, closed and variable rate mortgage terms17
  • For residents, fellows and new-to-practice physicians, the mortgage amount qualified for is based on estimated projected income18 
  • Preferred interest rate of Prime -0.25%1 on Scotiabank Personal Line of Credit under the Scotia Total Equity® Plan (STEP)
  • Option to earn Scotia Rewards® points on your mortgage advance and cashback on your annual interest payments19
  • Miss-a-Payment and Match-a-Payment option20
  • Portability of your mortgage
     
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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 and private banking solutions available to you, book an appointment with an Advisor or call Scotiabank Healthcare+ at 1-888-222-3918.

 

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