Scotiabank · Chequing
No monthly fee with unlimited transactions.
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 while enrolled full time in a post-secondary institution in Canada or the U.S.; proof of enrolment required
- 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 students
- Yes
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
Unlimited debits and e-Transfers at no monthly fee for full-time post-secondary students, with no age cap.
Where the institution contradicts itself
The account page still displays a $100 bonus offer with an open period of March 3 to May 25, 2025, which has expired. Recorded welcome_bonus_value as null.
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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.