ScotiabankSavings
Scotiabank · Savings
No monthly fee, 0.01% interest.
Monthly feeNone
Transactions includedNot published
Interest rate0.01%
Deposit insuranceNot stated
Fees and rates verified 2026-08-19We earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- None
Interest
- Posted rate
- 0.01%
- What the rate depends on
- Regular rate 0.01%. Bonus rate of 0.50% when enrolled in Smart Savings Tools. Annual interest rate is paid on the entire balance based on the tier within which the daily account closing balance falls.
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
- Institution's effective date
- 2026-02-13
- Source page
- www.scotiabank.com
Notes
0.50% is a conditional bonus rate, not a time-limited promotion, so it is recorded in rate_conditions rather than promo_rate.
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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.