To the point
Valid until April 30, 2025, get up to $500 bonus with select Scotiabank banking packages.
Scotiabank offers five banking packages:
Scotiabank offers 5 savings accounts:
Below, you will find the characteristics of all these packages and savings accounts.
The package that interests us the most as travellers – and recommended by several members of the Facebook group – is the Scotiabank Ultimate Package. In addition, for a limited time, it offers a welcome bonus of up to $500!
With this package, you avoid paying specific fees such as the annual credit card fee or withdrawal fees abroad.
Scotiabank Ultimate Package Review
The Scotiabank Ultimate Package is a single package:
- Usage
- Save
- Invest
Special offer
Right now, when you open a new Scotiabank Ultimate Package, you can earn up to $500 in welcome bonus!
To get a $400 bonus, all you need to do is complete 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.
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
A free credit card from year to year
By holding a Scotiabank Ultimate Package, you can keep your credit card year after year without paying an annual fee!
Like the excellent Scotiabank Visa Infinite Passport card, which has the advantage..:
- To charge no conversion fees for foreign currency transactions
- 6 free airport lounges a year
- Participate in the Scene+ loyalty program, where points can be applied to travel purchases such as Airbnb rentals, car rentals and airline tickets.
Here is the current offer:
Or the Scotia Momentum Visa Infinite Card, one of the best cash-back credit cards in Canada:
- 4% for groceries and recurring payments
- 2% on gas and public transportation
- 1% on all other purchases
- Visa Infinite Concierge
- Premium insurance
Here is the current offer:
Or the Scotiabank Gold American Express® Card, which earns numerous travel points:
- 5X food outlets: grocery stores, restaurants, bars, meal delivery
- 5X the points on eligible entertainment purchases. Includes movies, theatre, and ticket agencies.
- 3X the points on gas and daily transit. Includes rideshare, buses, taxis, subway, and more.
- 3X the points on streaming services (Netflix, Spotify, Cineplexstore)
- 1X points on all other purchases
- Premium insurance
- Access to American Express offers
Here is the current promotional offer:
Rewards
Scotiabank is one of the only institutions to offer rewards on activities carried out with a DEBIT card linked to the Ultimate Package chequing account.
Earn 1 Scene+ point for every $5 in purchases with your Scotia Debit card.
Fees
The Scotiabank Ultimate Package has a $30.95 monthly fee.
However, it could be FREE ($0 per month), by fulfilling one of these two conditions. By maintaining either:
- a minimum daily closing balance of $6,000 in your Ultimate package
- a combined balance of $30,000 across your Ultimate Package and your MomentumPLUS Savings Account
If you have $6,000 uninvested, it’s worth leaving it in your Ultimate Package chequing account so you don’t have to pay for it:
- no monthly bank charges
- no annual credit card fee
Scotiabank Preferred Package
Special offer
Right now, when you open a new Scotiabank Essential Package, you can earn up to $500 in bonuses!
To get a $400 bonus, all you’d have to do is set up two pre-authorized debits (like Hydro-Quebec and Bell, for example) of at least $50 for 6 consecutive months, and make one bill payment of at least $50 (like your mobile phone provider).
Then you can get a $100 bonus by also opening a new RRSP, TFSA or FHSA.
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 certain GICs
- One free non-Scotiabank ATM withdrawal per month in Canada
Fees
The Scotiabank Preferred Package has a $16.95 monthly fee.
However, it could be FREE ($0 per month), by maintaining a minimum daily closing balance of $4,000 for the entire month in your checking account.
Scotiabank Student Banking Advantage Plan
Special offer
Right now, when you open a Scotiabank Student Banking Advantage Plan, you can earn $100 and 7,500 bonus Scene+ points!
The Scotiabank Student Banking Advantage Plan has the following key features:
- No monthly fees
- Unlimited debit transactions
- Unlimited Interac e-Transfer transactions
- Earn points on everyday purchases with the Scene+™ program
- Free paperless or paper statements
Scotiabank Basic Plus Bank Account
The Scotiabank Basic Plus Bank Account has the following key features:
- 25 free debit transactions per month
- 10 free Interac e-Transfer transactions per month
- Send money globally for $1.99 with Scotia International Money Transfer
- Earn points on everyday purchases with the Scene+™ program
Fees
The Scotiabank Basic Plus Bank Account has an $11.95 monthly fee.
However, it could be FREE ($0 per month), by maintaining a minimum daily closing balance of $3,000 for the entire month in your Basic Plus Bank Account.
The Basic Bank Account
Discover Scotiabank Basic Bank Account with a monthly fee of $3.95 and 12 free transactions per month.
Take advantage of free Interac e-Transfers and overdraft protection.
Seniors benefit from an automatic discount on monthly fees. Easy access to your online and mobile banking services.
Fees
Scotiabank Basic Bank Account has a $3.95 monthly fee.
MomentumPlus Savings Account
Features
The MomentumPLUS Savings Account has the following key characteristics:
- For a limited time, get a high interest savings rate for 3 months
- Save for multiple goals in one account
- No monthly fees
- Earn even more interest when you open and fund a Premium Period(s)
- The longer you keep your savings, the higher the interest rate.
Money Master Savings Account
Features
The Money Master Savings Account has the following main characteristics:
- Convenient access to your money at any given time
- No monthly account fees or minimum balance required
- Save every time you make a purchase with your debit card, thanks to the Deposit the ChangeTM savings program.
Our review of Scotiabank Online
At Quebec and elsewhere in Canada, Scotiabank offers many online banking services for its customers. With a Scotiabank debit card, you can access Scotiabank’s online banking services free of charge.
Scotiabank offers a number of online banking services:
- View your Scotiabank chequing or savings accounts online
- Manage your Scotiabank loans and mortgages online
- Scotiabank Online Smartphone application to manage your accounts anywhere
- Sending money from your Scotiabank Online Account with Interac
- And more!
Scotiabank’s online banking offer is complemented, notably at Quebec, by the presence of numerous Scotiabank branches, including Scotiabank Express agencies. This makes Scotiabank an excellent choice.
Online services offered by Scotiabank
As an online Scotiabank customer, you can enjoy many benefits through Scotia Online:
- 24/7 access to Scotiabank online banking services
- Online payments of your transactions and bills
- Rewards on all your purchases with Scene+ points
- Overdraft protection
- Send money quickly to the person of your choice with an Interac e-Transfer
- Receive government assistance in the Scotiabank account of your choice with CRA direct deposit
- Deposit your cheques anywhere with the Scotiabank mobile application
- Download a Scotiabank sample cheque
- If your credit card is lost or stolen, block, unblock or replace your credit card in your Scotiabank Online Banking
- More than 4,000 conveniently located branches and ABMs
- Personalized advice for your finances
Scotiabank also offers discounts and benefits for newcomers (Scotiabank StartRight program), students and seniors.
Frequently Asked Questions about Scotiabank Online
Where can I find Scotiabank abroad?
Scotiabank is a founding member of the Global ATM Alliance. When you travel, you can use the ATMs of the Alliance’s international banks without paying any surcharges or access fees. With more than 44,000 counters in over 40 countries, you can find a partner bank counter wherever you are and avoid fees.
How do I get my Scotiabank debit card?
Your Scotiabank debit card is given to you when you open your chequing account. You can choose your personal identification number (PIN) on the spot, directly at the counter. If there is no ATM at your branch, a card and PIN will be mailed to you.
To change or replace your ScotiaCard online:
- On the Account Summary page, select Account Management.
- Click on Obtain a new ScotiaCard.
- Under Scotiabank Card Type, use the drop-down menu to select a Scotiabank Card with Debit Visa.
What should I do if my Scotiabank debit card has been lost or stolen?
If your Scotiabank debit card has been lost or stolen, contact Scotiabank online quickly:
- 1-800-575-2424
- 1-800-645-0288 (For services for the deaf and hard of hearing)
- 416-701-7200 (Greater Toronto Area, outside Canada/USA: call collect)
How do I pay a bill with Scotiabank online?
To pay a bill with Scotiabank online :
- On the Online Account Summary page, select Bill Payment.
- Choose a single payment or set up periodic payments.
- Select the account from which you wish to make the payment, select the payee and enter the payment amount.
Scotiabank’s mobile website :
- On the app home page, touch Invoices.
- Touch Make a payment.
- Select an account for invoice payment and a payee.
- Enter the amount and touch Continue.
- Check the payment details, then touch Confirm.
How do I get a sample cheque from Scotiabank?
If you do not have cheques for your Scotiabank account, you can view or print your sample cheque details online :
- On the Online Account Summary page, select your Scotiabank Chequing account.
- Choose Direct deposits and direct debits.
- Select Display/Print under Check Specimen.
How do I contact Scotiabank online?
Here are some of the most frequently used telephone numbers to contact Scotiabank online.
If you have any questions, want to open an account or need help with your Scotia OnLine banking, borrowing and investing, here are the numbers:
1-800-575-2424
1-800-645-0288 (teletypewriter service/ATS)
1-416-701-7200 (Toronto area/call collect from outside Canada/US)
TeleScotiaTM
1-800-575-1212 (service in French)
1-800-267-1234 (service in English)
1-800-830-8800 (service in Cantonese)
1-800-830-8080 (service in Mandarin)
Mobile banking hotline
1-877-918-8866
Scotia iTRADE
1-800-361-6601 (service in French)
1-800-263-3430 (service in English)
1-877-662-3838 (service in Cantonese and Mandarin)
Scotia iTRADE
1-888-TRADE88 (1-888-872-3388)
Credit Card Customer Service
1-800-387-4994 (Canada/USA)
416-288-1440 (Greater Toronto Area/call collect from outside Canada/USA)
1-800-645-0288 (TTY calls from Canada/USA)
Scotia Life
1-800-361-8570
Scotia Mutual Funds
1-800-387-5004
Scotiabank Student Loan Centre
1-800-972-6842
416-288-4655 (Toronto area)
What are Scotiabank credit cards?
Scotiabank offers a wide range of credit cards. See our page dedicated to Scotiabank’s best credit card offers.
