Primary Savings Account


  • 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.
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Additional Features

Avoid the $12 Monthly Fee if your daily closing balance remains above $1000 for the entire month1

  • A $12 fee will be applied if your balance falls below $1000 over the course of the month1
  • Eligible for Scotiabank Savings Reward Plan enrollment2
  • Quarterly statements available (electronic statements)
  • Enjoy 1 free branch transaction plus unlimited electronic transfers between you Scotiabank Accounts1
  • Interest calculated on the minimum monthly balance and paid monthly
  • Mobile Banking app available for iOS and Android
  • Minimum account opening balance: $1000.00

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. 

Learn More, Savings Calculator

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