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Primary Savings Account
Features
- Earn More: Sign up to the Scotiabank Savings Reward Plan and earn a bonus of 3% interest on automatic savings plan contributions2
- Save Money on Fees: No monthly fee if you maintain the minimum required balance.
- Convenience: Make unlimited deposits and transfers between your account at Scotiabank ATMs. Unlimited access to Scotia OnLine and Mobile Banking.
Additional Features
Avoid the $12 monthly fee if your daily closing balance remains above $1,000 for the entire month.*
- A $12 fee will be applied if your balance falls below $1,000 over the course of the month1
- Eligible for Scotiabank Savings Reward Plan enrollment2
- Quarterly statements available (electronic statements)
- Enjoy 1 free in branch transaction,plus unlimited electronic transfers between your Scotiabank Accounts1
- Interest calculated on the minimum monthly balance and paid monthly
- Scotia Caribbean App available for iOS and Android
- Minimum account opening balance: $1,000.00
Additional Information
Savings Calculator
Use our Scotiabank Savings Calculator to see how saving on a regular basis can help you achieve your short and long-term financial goals.
*
Effective Nov 1, 2021, transactions that can be completed via our alternate channels (Scotia Caribbean App, Scotia OnLine Banking & Scotia ATMs) will not be considered as "free" and will incur a $10 fee, when completed in branch.
1
A transaction fee of $8 applies when free in branch/ cheque transactions have been exceeded. (Effective Nov 1, 2021, this transaction fee will be $10).
2
Subject to approval as dictated by the Terms and Conditions