Select Account for business
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on Scotiabank's website
Monthly Fee
$20/mo
Fee Waiver: $20,000
Included transactions
25/mo
20 Interac/mo
Welcome Offer
Not specified
Account Overview
With the Scotiabank Select Account for business, choose from four plans to suit your needs. And switch easily between them.
- Plan A: $20 per month, up to 25 transactions and 50 deposit items
- Plan B: $40 per month, up to 70 transactions and 60 deposit items
- Plan C: $75 per month, up to 125 transactions and 85 deposit items
- Plan D: $120 per month, unlimited transactions and deposit items
Plus, with Plans A, B and C, send up to 20 Interac e-Transfers per month free of charge.
Pros & Cons
Pros
- +Fee waived with $20,000 minimum balance
Cons
- –Monthly fee of $20
- –Limited transactions
Account Features
- E-StatementNot included
- Included transactions25/mo
- Unlimited Interac e-Transfers20 Interac/mo
- Transactions included / mo.25
Terms and conditions
- Simple, easy-to-understand pricing
- Plan options to suit your transaction needs
- No monthly fee if you maintain minimum balance every day of the month*
- Select Account for business Plan B monthly fee of $40 rebated with no minimum balance requirement when you sign up for Merchant Services with Chase*
Related Accounts
*Conditions apply.
Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Milesopedia may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 Scotiabank. All trademarks are property of their respective owners.
