Overdraft Protection

For your peace of mind.

With Overdraft Protection, your cheques, withdrawals, pre-authorized payments and point-of-sale payment purchases are honoured up to your predetermined overdraft limit1. That way you'll never have to worry about a post-dated cheque or unexpected expense. You're automatically covered.

A financial safety net when you need it.

Don't get caught short. Here's why Overdraft Protection makes so much sense:

  • Only a nominal charge applies for each month you carry a balance.
  • You can arrange the limit that suits you best from $250 to $5,000.
  • It's available for most personal chequing and savings accounts when you maintain a positive balance for 24 consecutive hours every 30 days.
  • A one-time fee is all it takes to activate the service.

Overdraft Protection can make overdrawn charges an expense of the past. Arrange for yours today by visiting your Scotiabank branch.