Scotiabank Basic Bank Account

Estimated monthly cost

Monthly fee
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Based on your monthly transactions, our tool estimates the fees you'll be charged in addition to the monthly fee, if applicable. Additional fees
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No rebate available Rebates
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The total estimated monthly cost is the account's monthly fee, plus any transaction fees, minus any rebates you may qualify for. For a detailed explanation, see the Fee calculator tab.
Open account
Features
Fee calculator

Monthly transactions by type


Monthly costs
Monthly fee
Additional transaction fees
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 Transactions Cost
Debit purchases or transfers $1.25
Bill payments $1.25
Interac e-Transfers $1.00
ATM withdrawals $1.25
Cheques written $1.25
Teller assisted transactions $1.25
Total additional fees
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Rebates
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No rebate available Minimum monthly balance rebate
Total estimated cost
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Rebates
  • No rebate available

Account details

Account type: Personal
Provider: Scotiabank

Fees & interest

Monthly fee:
Purchase interest rate: % Interest rate tiers
If balance is Rate
Additional transactions: $1.25
In-person transactions: $1.25
Interac e-Transfer: $1.00
US ATM fee: $4.00
One-time membership fee: $0.00
Annual membership fee: $0.00

Eligibility

Applicant must be age 60 or over to qualify for the senior rate

Promotions

  • 12 free transactions1 per month
  • 2 free Interac e-Transfer† transactions per month
    • 1Conditions apply. Visit https://www.scotiabank.com/ca/en/personal/bank-accounts/chequing-accounts/basic-banking-account.html to learn more.
    • †Interac e-Transfer is a registered trade-mark of Interac Corp. Used under license.