Scotiabank Preferred Package

Special Offer
$400 welcome bonus
Account Type
Chequing account
Public
General public
Monthly Fee
$16.95
Monthly fee waived with a minimum daily closing balance of $4,000

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Scotiabank Preferred Package
$400 welcome bonus
Apply Now

Offer

  • Earn up to $400 with a Scotiabank Preferred package and an investment plan.
  • Earn an additional 0.05% on your Momentum Plus Savings Account
  • Unlimited debit transactions and Interac e-transfer transactions
  • First year annual fee waiver(up to $150) on select credit cards
  • Earn points on every day purchases with the Scene+™ program
  • 3 more perks
  • Rates, fees and other information are effective as of Mar 1, 2024. Subject to change.

Fees

Public General public
Special Offer $400 welcome bonus
Monthly Fee $16.95
Monthly Fee Waiver (Min. Amount) $4,000
Monthly Fee Waiver (Details) Monthly fee waived with a minimum daily closing balance of $4,000
Unlimited Transactions
eStatement
Statement by mail $2.25
ATM Fee (Institution) $0
Insufficient fund fee $5
Bank draft cost $7.50
Overdraft interest 21%
Interac e-Transfer Unlimited
Credit Card Rebate $150

Our review

Right now, when you open a new Scotiabank Preferred Package, you can earn up to a $400 Cash Bonus!

To get a $350 Cash Bonus, all you’d have to do is set up 2 pre-authorized debits (like Hydro-Québec and Bell, for example) and make a bill payment of at least $50 (like your mobile provider). You could also earn an additional $50 bonus by opening a new RRSP, TFSA or FHSA within 60 days of obtaining your new package and performing one of the eligible transactions.

Scotiabank’s Essential Package has the following key features:

  • Unlimited Interac Debit and Transfer transactions
  • First-year annual fee waiver on select credit cards (up to $150)
  • Preferred rates on some GICs
  • Fee waived on one non-Scotiabank ABM withdrawal per month in Canada

Alternative bank accounts

Alternative Cards