Primary Savings Account
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
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
Regular Sundry fees apply.