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Banking advice and solutions for retired dentists 

Banking that grows with you throughout your career 

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Banking solutions for retired dentists 

The Scotiabank Healthcare+ Dentist Banking ProgramΔ offers tailored advice and banking solutions for retired dentists to enable you to enjoy your retirement.  Let our team 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

Scotiabank Ultimate Package

  • Monthly account fee waiver with no minimum balance required (approximate value of $371/year)2
  • Earn $300 cashwhen you open a new Scotiabank Ultimate Package by September 30, 2022
  • Unlimited debit transactions4Interac e-Transfer transactions and Scotia International Money Transfers
  • Up to $139 annual fee waiver each year on select credit cards6
  • Earn an additional 0.10% interest on your MomentumPLUS Savings Account7
  • Unlimited free Global non-Scotiabank ABM withdrawals8

Scotiabank Passport™ Visa Infinite* Card 

  • Save the annual fee9
  • Earn up to 35,000 bonus Scene+ points in your first year (that’s up to $350 towards travel)10
  • Earn up to 2X Scene+ points on eligible purchases11
  • Complimentary airport lounge membership including 6 free visits per year12 (value of $300)
  • No foreign transaction fees on foreign currency purchases made on your card (only the exchange rate applies)13 and comprehensive insurances14
  • 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

  • Preferred annual interest rates are 19.99% on purchases and 22.99% on cash advances, annual fee $139 for primary card, $0 for one additional supplementary card and $50 for each additional supplementary card thereafter

Scotiabank Gold American Express® Card 

  • Save the annual fee15
  • For a limited time, earn up to 45,000 bonus Scene+ points in your first year16 (reward value of up to $450)
  • Earn up to 5X Scene+ points on eligible purchases17
  • No foreign transaction fees on foreign currency purchases made on your card (only the exchange rate applies)13 and comprehensive insurances14 
  • Preferred annual interest rates are 19.99% on purchases and 22.99% on cash advances, annual fee $120 for primary card, $29 for each additional supplementary card

Mortgages and Home Equity Lines of Credit 

  • Flexible solutions with preferred rates for dental associates and practice owners on fixed, closed and variable rate mortgage terms18
  • Preferred interest rate of Prime -0.25%1 on Scotiabank Personal Line of Credit under the Scotia Total Equity® Plan (STEP)
  • Option to earn Scene+ points on your mortgage advance and cashback on your annual interest payments19
  • Miss-a-Payment and Match-a-Payment option20 
  • Portability of your mortgage

Private Banking solutions for retired dentists 

As a dentist, transitioning from practice, focusing on your family and planning for what’s next creates new and different financial opportunities. With Scotia Wealth Management Private Banking, you can simplify your life with a single point of contact for both your personal and practice banking needs.

We place a heavy emphasis on being responsive, working with a sense of urgency to prioritize your needs and requests. You can transact with confidence, meaning fewer delays or challenges and more time for you to focus on your dental practice and your family.

As a Private Banking client, you have access to banking and credit solutions for your personal and practice needs all in one place. 

  • Reduced Private Banking monthly service package fee of $75 for your household, for up to five accounts21
  • Dedicated Private Banker and Associate, including access to their network of wealth management specialists
  • Access to our innovative Total Wealth Credit Solution™, a flexible borrowing platform that allows you to take advantage of investment opportunities using any combination of real estate, investment portfolios and/or insurance as loan collateral
  • Complimentary access to Pursuits™ our concierge and travel management platform 
  • Preferred foreign exchange rates
  • Annual fee waived for Scotiabank Passport™ Visa Infinite* Card22. No foreign currency conversion mark-up applies to foreign currency transactions made. Only the exchange rate applies13. You also receive six complimentary airport lounge visits12.
  • 10,000 Scene+ point welcome gift to use in theatres or online

Your Scotia Wealth Management Private Banker can provide credit solutions that support your immediate and long-term investment needs. As a credit strategist with expertise in debt structuring we will work directly with you to consider:

  • Your personal investment objectives
  • Assets held personally or through professional corporations
  • Tax-efficiency
  • Funding of interest expenses 

When it comes to service and proactivity, insight and innovation are essential to maximize your opportunities and enable your life.

Advice for retired dentists 

As you approach your much-deserved retirement, let us focus on maximizing and customizing your banking solutions and investment opportunities to help you get the most out of your retirement plans.

Frequently asked questions 

Ready to talk? 

Find the right Advisor for your personal needs. 

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Contact a Scotiabank Advisor 

To learn more, contact an Advisor or call Scotiabank Healthcare+ at 1-888-222-3918 

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Let us contact you 

Want to learn more about how our Dentist Banking Program can best serve your needs?

Please share your contact information and how we can best reach you and a Scotiabank Healthcare Specialist will contact you.