Scotiabank Ultimate Package

ScotiabankChequing

Scotiabank · Chequing

$30.95 a month with unlimited transactions, waived if you keep $6,000 in the account.

Monthly fee$30.95Waived at $6,000
Transactions includedUnlimited
Interest rateNone published
Welcome offer$1,000

Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research

What it costs

Monthly fee
$30.95
Fee waived with a balance of
$6,000
How the waiver works
$0/month with $6,000 or more in the account, or a Total Relationship Balance of $100,000 across eligible accounts, every day for the entire month; $24.00/month for clients 60+
NSF fee
$10.00
Overdraft protection, monthly
$0.00

What is included

Transactions each month
Unlimited transactions
Interac e-Transfers
Included with no separate fee
ATM network
Scotiabank, Interac, global (all non-Scotiabank ABM fees waived by Scotiabank)
ATM outside the network
$0.00

Who can open it

Senior discount
$6.95 a month

Current offer

Welcome bonus
$1,000
What it requires
Up to $1,000: $700 for opening the chequing account, setting up at least one eligible automated recurring direct deposit (recurring 6+ months) and completing one qualifying transaction; +$200 for a Money Master Savings Account held with a Smart Savings Tool for 90 consecutive days; +$100 for an approved eligible credit card with one qualifying purchase within 60 days. Offer period July 3, 2026 to October 29, 2026.

Deposit protection

Insured by
CDIC

Where these figures come from

Figures checked on
August 19, 2026

Notes

Only Scotiabank chequing account with unlimited free global non-Scotiabank ABM withdrawals and a waived monthly Overdraft Protection fee; other banks' convenience surcharges may still apply.

Accounts worth comparing this against

Compare this against every account we track

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.