Scotiabank MomentumPLUS Savings Account

Offer

Earn an interest rate of 5.00%* when you pair a Scotiabank Ultimate package with a MomentumPLUS Savings Account, for 3 months with a 90-day premium period.
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

Account Name Scotiabank MomentumPLUS Savings Account

Public Consumers

Special Offer Get an interest rate of 5.00%* for 3 months

Monthly Fee $0

Our review

Grow your savings with the MomentumPLUS savings account special offer with an interest rate of 5.00%. In addition to the base rate of 0.55%, there are:

Premium period interest rate :
- 90 days: 0.25%
Interest rate increase according to banking plan:
- Preferred Package: additional 0.05%
- Ultimate package: additional 0.10%
Promotional interest rate: 4.10% more for the first three months

The main features of this account:

No monthly fees
No minimum balance required
Regular interest rate of 0.55%
Automatic Savings Plan
Unlimited transfers between accounts
Virtual check deposit

Alternative bank accounts

Scotiabank Savings Accelerator Account

Neo High-Interest Savings Account

2.50% interest

Apply Now

EQ Bank Notice Savings Account

Up to 3.00% interest

Apply Now

Alternative Cards

Legal

*Rates are subject to change. Conditions apply. Rates, fees and other information are effective as of March 14, 2025. Subject to change.