Scotia High Interest Savings Account
Account Overview
The Scotiabank High-Interest Savings Account allows you to grow your money with an interest rate based on your eligible Total Relationship Balance with Scotiabank, with no monthly fees.
Interest is calculated daily and paid monthly. Your funds remain accessible at all times, and transfers between your Scotiabank accounts are free.
Up to 2.2%. Maximum with a Total Relationship Balance of at least $500,000. Tiers: below $10,000: 0%; $10,000–99,999: 1.50%; $100,000–249,999: 1.75%; $250,000–499,999: 2.00%; $500,000+: 2.20%. Total promotional annual rate: up to 5%. Maximum total annual rate: 2.20% regular at the $500,000+ relationship tier plus a 2.80% welcome bonus for 90 days on up to $5,000,000 in HISA. The bonus requires a relationship balance greater than $10,000 and no current or previous HISA/MomentumPLUS within the last 2 years. Starts on the next business day if opened on a non-business day.
Account highlights
Up to 5.00% for 90 days; maximum with a $500,000 relationship balance and welcome eligibility.
Pros & Cons
Pros
- No monthly fees
- Rate based on eligible Total Relationship Balance
- Up to 5% for 90 days under the welcome-offer conditions
Cons
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Account Features
Terms and conditions
- Interest rate based on eligible Total Relationship Balance (up to 2.20%)
- No monthly fees
- Funds Accessible at All Times
- Free Transfers Between Your Scotiabank Accounts
- Interest calculated daily, paid monthly
- CDIC Protected
Up to 2.2%. Maximum with a Total Relationship Balance of at least $500,000. Tiers: below $10,000: 0%; $10,000–99,999: 1.50%; $100,000–249,999: 1.75%; $250,000–499,999: 2.00%; $500,000+: 2.20%. Total promotional annual rate: up to 5%. Maximum total annual rate: 2.20% regular at the $500,000+ relationship tier plus a 2.80% welcome bonus for 90 days on up to $5,000,000 in HISA. The bonus requires a relationship balance greater than $10,000 and no current or previous HISA/MomentumPLUS within the last 2 years. Starts on the next business day if opened on a non-business day.
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*Conditions apply.
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