Banking solutions for medical students

You’re focused on your training. Let us focus on your financial well-being.

Scotiabank has worked with MD Financial Management (MD Financial), to deliver the Physician Banking ProgramΔ with banking solutions designed to meet your unique needs as a medical student. In addition to the Scotia Professional Student Plan Line of Credit as a medical student you can receive savings and rewards on personal banking solutions to help you manage your finances. 

You’re focused on your medical career. Let us focus on your financial well-being.

Learn More Advice for Students

Advice for Students

You’re focused on your medical career. Let us focus on your financial well-being.

Learn More Advice for Students

Scotia Professional Student Plan Line of Credit

  • Up to $350,000 at Prime -0.25%1 fully available at account opening 
  • No payments required until you're finished residency, plus another two years repayment grace period2
  • Option to continue with a revolving line of credit post-schooling and residency 
  • No annual fee

 

New Scotiabank Preferred Package Chequing Account

  • Monthly account fee waiver (value of $15.95/month)
  • For a limited time, earn $3003 cash when you sign-up for the new Preferred Package
  • Unlimited free Interac e-Transfer transactions
  • 1 free non-Scotiabank ABM withdrawal per month in Canada4
  • Earn points on every purchase with choice of reward program (SCENE® or Scotia Rewards®)5
  • No monthly fee on a U.S. Dollar Daily Interest Account6

Select one or both credit cards below to get a combined pre-approved credit limit of up to $10,000

Scotiabank Passport™ Visa Infinite* Card

  • Save the annual fee ($139 annual fee waived continuously  for Scotia Professional  Student Plan customers; customers not in Scotia Professional Student Plan receive a first-year fee rebate only)
  • Earn up to 45,000 bonus Scotia Rewards® points in your first year7 (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 advances

Scotiabank Gold American Express® Credit Card

  • Save the annual fee ($120 annual fee) rebated12 or waived continuously
  • For a limited time, earn up to 30,000 bonus Scotia Rewards® points in your first year13 (value of up to $300)
  • Earn up to 5X Scotia Rewards® points on eligible purchases14
  • No foreign transaction fees on foreign currency purchases made on your card (only the exchange rate applies)15 and comprehensive insurances11
  • Preferred annual interest rates are 19.99% on purchases and 22.99% on cash advances

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 call a representative at 
1-888-222-3918 or book an appointment with an Advisor.