The best Scotiabank chequing accounts in Canada for 2025

Scotiabank has no shortage of options when it comes to chequing accounts. Each account comes with all the basic features you’d expect from a big bank. Each account also offers free record keeping, online banking, a limited number of teller-assisted transactions, free access to Scotiabank’s network of ATMs in Canada, and fee-based access to ATMs worldwide.

While all of Scotiabank’s chequing accounts charge a monthly account fee by default, the fee can be waived if you maintain a minimum monthly balance. Seniors receive a discount on the monthly fee, which can bring the cost of the Basic Bank Account down to zero, while students can bank for free with the Preferred Package for Students and Youth. 

Scotiabank student chequing account

In addition to having no monthly fee, Scotiabank’s Preferred Package for Students and Youth is a student chequing account that offers the unique perk of letting you earn rewards points with the Scene+ program when you use your debit card on your everyday purchases. If you’re over 16 years of age, you’ll also enjoy a first year annual fee waiver on select Scotiabank credit cards.

Scotiabank chequing account offers

Scotiabank offers a number of welcome bonuses and banking bundles, where you open a chequing account along with a savings account and credit card or registered account (such as a TFSA).

If you’re looking to open a bank account as a newcomer, consider the Scotiabank StartRight Program – it's our Personal Finance Awards winner for Best Banking Offer for Newcomers.