Primary Savings Account

Primary Savings Account
Features
  • Convenience: Keeping your long-term funds separate from your everyday banking, so you reach your savings goals more quickly

  • Earn More: Earning a competitive rate of interest on balances over $1000.

  • Record Keeping: Electronic or printed statements options available monthly

  • Find a Local Branch

    Additional Features

    Earn a competitive rate of interest, with interest calculated on the minimum daily balance and paid monthly. Other features of the Primary Savings Account include:

  • Unlimited electronic transfers between Scotiabank accounts

  • No monthly fee when you maintain a minimum daily balance of $100 or more1

  • Earn 1% bonus interest when you save regularly through our Scotiabank Savings Reward Plan (SSRP)

  • No charge for Scotiabank ABM or in-branch deposits

  • Monthly paper or electronic statements for your records

  • Interest is calculated on the daily closing balance and paid monthly

  • Mobile Banking app available for iOS, Android and Blackberry

  • Additional Information

    How to apply

    Download the application form

    Account Service Fees

    Personal Financial Services Agreement

    Terms and Conditions

    Selector Tool

    Not sure which account is right for you? Try our "Account Selector Tool"

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    Savings Calculator

    Use our Scotiabank Savings Calculator to see how saving on a regular basis can help you achieve your short and long-term financial goals. 

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