Up to a $700 bonus with Scotiabank banking packages

Updated May 8, 2026
Fact checked by
Marie-Ève Leclerc
Marie-Ève Leclerc Marie-Ève Leclerc
Marie-Ève, Web Director at Milesopedia, is an expert in budget travel and a slow travel enthusiast. Specializing in Aeroplan, Scene+, and Marriott Bonvoy programs, she spends nearly six months a year abroad, making travel her way of life. Constantly seeking the best waves to surf, excellent coffee, and strategies to extend her travels, she is often found in coworking spaces with fellow digital nomads or by the sea, watching the sunset.
All posts by Marie-Ève Leclerc
Up to a $700 bonus with Scotiabank banking packages - Scotiabank
To the point Get up to a $700 bonus with select Scotiabank banking packages.

Scotiabank offers five banking packages :

Scotiabank offers 5 savings accounts:

At the end of the article, you will find a list of the features of all these packages and savings accounts.

The package that interests us most as travellers—and that has been 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 $700!

This package helps you avoid paying certain fees, such as a credit card annual fee or foreign ATM withdrawal fees.

Scotiabank Ultimate Package Review

Up to a $700 bonus with Scotiabank banking packages - Scotia Ultimate Package

The Scotiabank Ultimate Package is a single package for:

  • Spending
  • Saving
  • Investing

Special offer

A free credit card from year to year

As a Scotiabank Ultimate Package holder, you could keep your credit card year after year without paying an annual fee!

Such as the excellent Scotiabank Passport Visa Infinite + Card, which has the advantage of:

Here is the current promotional offer:

Or the Scotia Momentum Visa Infinite+ Card, which is one of the best cash back credit cards in Canada:

  • 4% on groceries and recurring payments
  • 2% on gas and public transit
  • 1% on all other purchases
  • Visa Infinite Concierge
  • Premium Insurance

Here is the current promotional offer:

Or the Scotiabank Gold American Express® Card, which earns plenty of travel points:

  • 5X points on food: grocery stores, restaurants, bars, meal delivery
  • 5X points on entertainment purchases (movies, theatre, ticketing)
  • 3X points on travel: gas and public transit
  • 3X points on streaming services (Netflix, Spotify…)
  • 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 transactions made with a DEBIT card linked to the chequing account of the Ultimate Package.

This makes it possible to earn 1 Scene+ point for every $5 spent with a Scotiabank debit card.

Fees

The Scotiabank Ultimate Package costs $30.95 per month.

However, it could be FREE ($0 per month) by maintaining a minimum daily closing balance of $6,000 in your Ultimate Package.

If you have $6,000 that is not invested, it would be worth leaving it in your Ultimate Package chequing account so you do not pay:

  • any monthly banking fees
  • any credit card annual fee

Scotiabank Preferred Package

Up to a $700 bonus with Scotiabank banking packages - Scotia Preferred Package

Special offer

Fees

The Scotiabank Preferred Package costs $16.95 per month.

However, it could be FREE ($0 per month) by maintaining a minimum daily closing balance of $4,000 in your Preferred Package.

Le Forfait Essentiel pour les étudiants et les jeunes de la Banque Scotia

Special offer

Scotiabank Basic Plus Bank Account

Up to a $700 bonus with Scotiabank banking packages - Scotia Basic Banking Plus Account

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 in your Basic Banking Account Plus.

The Basic Bank Account

Up to a $700 bonus with Scotiabank banking packages - Scotia Base Package

Fees

The Scotiabank Basic Banking Account costs $3.95 per month.

Money Master Savings Account

Features

The Preferred Package Savings Account has the following key features:

  • Easy access to your funds at any time
  • No monthly account fees and no minimum balance required
  • With the Deposit the Change® savings program, save every time you make a purchase with your debit card

Our review of Scotiabank Online

In Quebec and elsewhere in Canada, Scotiabank offers many online banking services to its clients. With a Scotiabank debit card, you can access Scotiabank online banking services at no cost.

Several online banking services are offered by Scotiabank:

  • View your Scotiabank chequing or savings accounts online
  • Manage your Scotiabank loans and mortgages online
  • Scotiabank mobile app for smartphones to manage your accounts anywhere
  • Send money from your Scotiabank online account with Interac
  • And more!

Scotiabank’s online banking offering is comprehensive, especially in Quebec, thanks to the presence of many Scotiabank branches, including Scotiabank Express locations. Scotiabank is therefore an excellent choice.

The Ultimate Package and the Scotiabank Passport Visa Infinite Card: The Perfect Duo - Scotiabank Online

Online services offered by Scotiabank

As a Scotiabank online client, you can benefit from many advantages 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 benefits into the Scotiabank account of your choice with CRA direct deposit
  • Deposit your cheques anywhere with the Scotiabank mobile app
  • Download a Scotiabank void cheque
  • In case of loss or theft, block, unblock, or replace your credit card in your Scotiabank online banking
  • More than 4,000 conveniently located branches and ATMs
  • Personalized advice for your finances

Also note that Scotiabank offers discounts and benefits for newcomers (Scotiabank StartRight program), students, and seniors.

Up to a $700 bonus with Scotiabank banking packages - Scotiabank Express

Frequently Asked Questions about Scotiabank Online

Come to discuss that topic in our Facebook Group!
Jean-Maximilien Voisine
Jean-Maximilien Voisine
Jean-Maximilien Voisine is the President and Founder of Milesopedia and a leading expert in rewards programs, credit cards, and travel across Canada, France, and the U.S.A. Now 40 years old and a father of two, he has explored more than 100 countries—many of them alongside his wife Audrey and their children. Specializing in loyalty programs such as Aeroplan, Flying Blue, American Express Membership Rewards, and Marriott Bonvoy, Jean-Maximilien helps travellers unlock the full potential of their points and benefits. His mission: empower others to travel better and smarter across North America and Europe.
All posts by Jean-Maximilien Voisine

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