Scotiabank · Savings
No monthly fee, 4.65% on a promotional rate.
Fees and rates verified 2026-08-19We earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- None
Interest
- Posted rate
- 0.4%
- Promotional rate
- 4.65%
- What the rate depends on
- 0.40% regular interest rate on an eligible deposit. Additional Premium Period interest is earned by leaving a deposit untouched for a chosen period: 90 days 0.20%, 180 days 0.25%, 270 days 0.30%, 360 days 0.45%. Limited-time promotional savings rate of 4.65% with a 90-day premium period. Separate welcome bonus of 4.05% on eligible deposits for the first 3 months for new customers. Banking package boosts: Ultimate Package +0.10%, Preferred Package +0.05%. No ABM or point-of-sale access and no automated direct bill payment.
How the rate is tiered
- 90 days
- 0.2%
- 180 days
- 0.25%
- 270 days
- 0.3%
- 360 days
- 0.45%
Who can open it
- Can be registered (TFSA, RRSP)
- No
- US dollar account
- No
Deposit protection
- Insured by
- Not published by the institution
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.scotiabank.com
Notes
The 4.65% promotional rate is described as 'for a limited time' with no end date published. The 4.05% welcome bonus is a separate offer from the 4.65% promotional rate; both were live on the page on 2026-08-19. No minimum balance required. Scotiabank's rates page lists this account but publishes no rates for it there.
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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.