Banque Scotia Featured

Up To $400 Cash Bonus With Scotiabank Banking Packages!

To the point For a limited time, earn up to a $400 Cash Bonus with some Scotiabank banking packages!

Scotiabank has five checking account packages:

Scotiabank offers 5 savings accounts:

Savings account Promotional rate
MomentumPLUS Savings Account Up to 6.05% interest
Savings Accelerator Account
Money Master Savings Account
Scotia U.S. Dollar Daily Interest Account
Scotia Euro Daily Interest Savings Account

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, it offers a $400 cash bonus for a limited time!

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 get 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 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 (equivalent to a small safety deposit box)

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 Passport™ Visa Infinite* Card, which has the advantage:

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 the points on grocery stores, restaurants, fast food, and drinking establishments. Includes popular food delivery and food subscriptions.
  • 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 the points on every other purchase
  • 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 made with a DEBIT card linked to the Ultimate Package checking account.

Earn 1 Scene+ point for every $5 in purchases with your Scotia Debit card.

Fresh food

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 fees
  • no annual credit card fees

Scotiabank Preferred Package

Special offer

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

Fresh food

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, you can get a $100 bonus when you open a Scotiabank Student Banking Advantage Plan!

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 Scene+ rewards on your debit transactions

Fresh food

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

The Scotiabank Basic Banking Account has the following key features:

  • 12 free transactions per month
  • 2 free Interac e-Transfer transactions per month
  • Earn Scene+ rewards on your debit transactions

Fresh food

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 account fees or minimum balance required
  • Earn even more interest when you open and fund a Premium Period(s)
  • The longer you save, the higher your 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
  • Grow your savings every time you use your debit card with Bank the Rest®

Our review of Scotiabank Online

In Quebec and elsewhere in Canada, Scotiabank offers many online banking services for its customers. With a Scotiabank debit card, you can access Scotiabank online banking at no 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, particularly in Quebec, by the presence of numerous Scotiabank branches, including Scotiabank Express branches. This makes Scotiabank an excellent choice.

Scotiabank Online
Scotiabank Online

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
  • Online payments of your transactions and bills
  • Reward 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

Also, Scotiabank offers discounts and benefits for newcomers (Scotiabank SmartStart program), students, and seniors.

Scotiabank Express
Scotiabank Express

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’ll be able to set your personal Identification number (PIN) at the branch ABM. If there is no ABM at your branch, you will receive your card and PIN by mail.

To change or replace your ScotiaCard online:

  1. On the Account Summary page, select Account Management.
  2. Click on Obtain a new ScotiaCard.
  3. 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 :

  1. On the Online Account Summary page, select Bill Payment.
  2. Choose a single payment or set up periodic payments.
  3. Select the account from which you wish to make the payment, select the payee and enter the payment amount.

Scotiabank’s mobile website :

  1. On the app home page, touch Invoices.
  2. Touch Make a payment.
  3. Select an account for invoice payment and a payee.
  4. Enter the amount and touch Continue.
  5. 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 :

  1. On the Online Account Summary page, select your Scotiabank Chequing account.
  2. Choose Direct deposits and direct debits.
  3. 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/TTY service)
1-416-701-7200 (Toronto area/call collect from outside Canada/USA)

TeleScotiaMC
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 Helpline
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)

Customer Service Credit Card
1-800-387-4994 (Canada/États-Unis)
416-288-1440 (Greater Toronto Area/Call Collect from outside Canada/USA)
1-800-645-0288 (teletypewriter calls from Canada/USA)

Scotia-Vie
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?

Come to discuss that topic in our Facebook Group!
4.7 Milesopedia Rating
Jean-Maximilien Voisine
Jean-Maximilien is an expert in Canada and France about Loyalty programs, Credit cards and Travel. He is the Founding President of Milesopedia.

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