Scotiabank MomentumPLUS Savings Account

Special Offer
Get an interest rate of up to 5.25%* for 3 months
Account Type
Savings account
Public
Consumers
Monthly Fee
$0

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Scotiabank MomentumPLUS Savings Account
Get an interest rate of up to 5.25%* for 3 months
Apply Now
Updated Dec 20, 2024

Offer

  • Interest rate of up to 5.25% for the first three months
  • No monthly account fees
  • No minimum balance required
  • Unlimited self-service transfers
  • Save for multiple goals in a single account
  • The longer you save, the higher the rate
  • Set up an automatic savings plan

Fees

Public Consumers
Special Offer Get an interest rate of up to 5.25%* for 3 months
Monthly Fee $0

Our review

The special offer for the MomentumPLUS savings account makes your money grow with an interest rate of up to 5.25%. In addition to the regular rate of 0.75%, add :

  • Premium period interest rate :
    • 90 days: 0.30%
    • 180 days: 0.35%
    • 270 days: 0.40%
    • 360 days: 0.60%
  • Interest rate increase according to banking plan:
    • Preferred Package: additional 0.05%
    • Ultimate package: additional 0.10%
  • Promotional interest rate: 3.80% more for the first three months

The main features of this account:

  • No monthly fees
  • No minimum balance required
  • Regular interest rate of 0.75%
  • Automatic Savings Plan
  • Unlimited transfers between accounts
  • Virtual check deposit

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