Scotiabank Ultimate Package Chequing Account

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Scotiabank Ultimate Package Chequing Account
Up to $700 welcome bonus
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Offer

  • Earn up to $700 when you bundle an eligible banking package, savings account, and registered account
  • Earn an additional 0.10% on your MomentumPLUS Savings Account
  • Unlimited transactions, Interac e-transfer transactions and Scotia International Money Transfers
  • Unlimited free Global non-Scotiabank ABM withdrawals
  • Annual fee rebate each year on select credit cards (up to $150)
  • Earn points on everyday purchases with the Scene+TM program
  • 8 more premium perks

Fees

Public Consumers
Special Offer Up to $700 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
Paper Statement $2.25
ATM Fee (Institution) $0
Non-sufficient Funds Fee $5
Bank Draft Cost $7.50
Overdraft Interest 21%
Unlimited e-Transfer Transactions
Credit Card Rebate $150

Our review

Right now, when you open a new Scotiabank Ultimate Package, you can earn up to $700 in bonuses!

To get a $500 bonus, you must set up two of the following operations:

  • A recurring direct deposit such as a payroll or pension at least once a month, for 6 consecutive months
  • Two pre-authorized transactions (such as hydro bill and internet bill) of at least $50 per month, for 6 consecutive months
  • A bill payment of at least $50 (such as your mobile provider) on your online bank

Then you can earn a $100 bonus by also opening a new RRSP, TFSA or FHSA and making a minimum contribution of $5,000.

Finally, you’ll earn another $100 bonus when you open a Money Master savings account and maintain your Smart Savings Tool registration for 90 consecutive days.

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

  • Waiver of annual fees (up to $150) on certain credit cards such as the Scotia Bank Passport Visa Infinite or Scotia Momentum Visa Infinite.
  • Unlimited free Global non-Scotiabank ABM withdrawals
  • Unlimited debit transactions
  • Unlimited free international money transfer transactions
  • Unlimited Interac e-Transfer transactions
  • No monthly Overdraft Protection fee
  • Free personalized cheques and drafts
  • Get 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

Alternative bank accounts

Alternative Cards

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