Banking solutions for retired physicians

Banking that grows with you throughout your retirement.

Together, Scotiabank and MD Financial deliver the Physician Banking ProgramΔ tailored advice and banking solutions for retired physicians to enable you to enjoy your retirement.  Let our team of experts focus on your financial well-being so you can spend your valuable time on what matters most – your loved ones and yourself.

Personal Line of Credit

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

New Scotiabank Preferred Package Chequing Account

  • Monthly account fee waiver (value of $15.95 a month)
  • For a limited time, earn $3002 cash when you sign up for the new Preferred Package
  • Unlimited Free Interac e-Transfertransactions
  • 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

The new Scotiabank Ultimate Package offers customers additional enhanced benefits and value. For a limited time, earn $3502 cash when you sign-up for the new Ultimate Package. Learn more

Scotiabank PassportTM Visa Infinite* Card

  • Save the annual fee ($139 annual fee waived continuously for Scotia Professional Plan customers; 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 purchases7
  • Complimentary airport lounge membership including 6 free visits per year8 (value of $300)
  • No foreign transaction fees on foreign currency purchases made on your card (only the exchange rate applies)9 and comprehensive insurances10
  • Preferred annual interest rates are 19.99% on purchases and 22.99% on cash advances

Scotiabank Gold American Express®  Card

  • Save the annual fee ($120 annual fee rebated11 or waived continuously)
  • For a limited time, earn up to 30,000 bonus Scotia Rewards® points in your first year12 (value of up to $300)
  • Earn up to 5X Scotia Rewards® points on eligible purchases13
  • No foreign transaction fees on foreign currency purchases made on your card (only the exchange rate applies)14 and comprehensive insurances10
  • 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 terms15
  • 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 payments16
  • Miss-a-Payment and Match-a-Payment option17
  • Portability of your mortgage

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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 banking solutions available to you, book an appointment with an Advisor or call Scotiabank Healthcare+ at 1-888-222-3918.