Scotiabank Preferred Package for Students and Youth

Special Offer
Up to $175 welcome bonus
Account Type
Chequing account
Public
Students
Monthly Fee
$0
banque scotia nouveau logo
Scotiabank Preferred Package for Students and Youth
Up to $175 welcome bonus
Apply Now

Offer

  • Earn up to a $175 welcome bonus when you open a new Student and Youth Essential Plan*
  • Unlimited debit and Interac e-Transfer transactions*
  • Earn points on everyday purchases with the Scene+TM program
  • Earn an additional 0.05% on your Momentum Plus Savings Account
  • Free trades for students and youth with Scotia iTRADETM
  • No monthly account fee if you are under 23 years old or you must be a domestic or international student currently enrolled in a full time post-secondary program in Canada or the U.S.

Fees

Public Students
Special Offer Up to $175 welcome bonus
Monthly Fee $0
Unlimited Transactions
eStatement
ATM Fee (Institution) $0
Unlimited e-Transfer Transactions

Our review

Right now, when you open a new Scotiabank Preferred Package for Students and Youth, you can get a 125$ welcome bonus!

To get this $175 bonus, you must first open your account between January 2 and July 1, 2026. Then, you just need to complete 2 of the following 3 activities within 60 days of opening your account:

  • Set up at least 1 eligible recurring automatic direct deposit, which will recur monthly for a minimum of 3 consecutive months
  • Set up at least 1 eligible recurring pre-authorized transaction with a minimum value of $25 per transaction, which will recur monthly for a minimum of 3 consecutive months
  • Make at least 5 online Visa* Debit purchases with your Scotiabank® Card wherever Visa* Debit is accepted. Only the following types of Visa Debit transactions are eligible: online debit purchases and in-store purchases made outside Canada.

The Scotiabank Preferred Package for Students and Youth has the following key features:

  • Unlimited Interac Debit and e-Transfer transactions
  • Earn points on your everyday purchases with Scene+
  • 0.05% interest rate boost to your MomentumPLUS savings account
  • Free Scotia iTRADE operations
  • No monthly account fee if you are under 23 years of age or a full-time student at a post-secondary institution in Canada or the U.S.

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