Scotiabank Ultimate Chequing Account

Offer

Earn up to $800 with an Ultimate Package and eligible Scotiabank investment plans.
Take advantage of a premium interest rate of 0.10% on your MomentumPLUS savings account
Unlimited debit transactions, Interac^† transfers and international money transfers
Unlimited free Global non-Scotiabank ABM withdrawals
Waiver of annual fees (up to $150) on certain credit cards
Earn points on everyday purchases with the Scene+^TM program
8 more premium perks
Rates, fees and other information are effective as of Mar 1, 2024. Subject to change.

Fees

Account Name Scotiabank Ultimate Chequing Account

Public Consumers

Special Offer Up to $800 welcome bonus

Monthly Fee $30.95

Monthly Fee Waiver (Min. Amount) $6,000

Monthly Fee Waiver (Details) Monthly fee waived with a minimum daily closing balance of $6,000

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 Ultimate Package, you can get up to $800!

To get a $400 bonus, you’d have to set up two pre-authorized debits (like Hydro-Québec and Bell, for example) and make a bill payment of at least $50 (like your mobile provider).

Then you can earn a $50 bonus by also opening a new RRSP, TFSA or FHSA.

You could also receive an additional bonus of up to $350 by opening a second RRSP, TFSA or FHSA and depositing $5,000.

Scotiabank’s Ultimate Package includes a number of attractive benefits:

Annual-fee Rebate (up to $150) on specific credit cards such as Scotiabank Passport™ Visa Infinite* Card or Scotia Momentum® VISA Infinite* Card.
Unlimited free Global non-Scotiabank ABM withdrawals
Unlimited debit transactions
Unlimited no-fee Scotia International Money Transfers
Unlimited Interac e-Transfer transactions
No monthly Overdraft Protection fee
Free personalized cheques and drafts
Earn Scene+ points
No monthly account fee on a Scotia U.S. Dollar Daily Interest Account
$55 annual fee waiver for rental of small safe deposit box compartment