ScotiabankChequing
Scotiabank · Chequing
No monthly fee with unlimited transactions.
Monthly feeNone
Transactions includedUnlimited
Interest rateNone published
Welcome offer$200
Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- None
- How the waiver works
- $0/month for clients under 25 or enrolled full time in a post-secondary institution in Canada or the U.S.
- NSF fee
- $10.00
- Overdraft protection, monthly
- $5.00
What is included
- Transactions each month
- Unlimited transactions
- Interac e-Transfers
- Included with no separate fee
- ATM network
- Scotiabank, Interac
- ATM outside the network
- $2.00
Who can open it
- Free for youth
- Yes
- Free for students
- Yes
Current offer
- Welcome bonus
- $200
- What it requires
- $200 when qualifying activities are completed (specific activities and offer end date not published on the youth and students page)
Deposit protection
- Insured by
- CDIC
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.scotiabank.com
- Fees and terms
- Published fee schedule
Notes
The full Preferred Package feature set at $0/month for under-25s; separate versions exist for ages 16+ and under 16.
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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.