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 $1.25
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: $1.25
US ATM fee: $4.00
One-time membership fee: n/a
Annual membership fee: n/a

Eligibility

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

Promotions

Choose the Scotiabank rewards program that best suits you.
  • SCENE Rewards1
  • Scotia Rewards1
  • Monthly Account Fee: $3.95/month
  • Seniors Fee (age 60+): none
  • 12 transactions2 every month including up to 4 teller-assisted transactions3
  • 25 transactions every month2 - including self-serve and teller transactions
  • 2 Free Interac e-Transfers per month4/sup>