Interest rate tiers
If balance is Rate
$0.00 - $1,000.00 0.00%
$1,000.00 - $4,999.00 0.01%
$5,000.00 - $9,999.00 0.02%
$10,000.00 - $24,999.00 0.05%
$25,000.00 - $59,999.00 0.10%
$60,000.00 or more 0.15%
Interest rate: The interest rate for this account is tiered. Click here for rates.
Scotiabank
Interest
  • Calculated daily
  • Paid monthly
Insurance
CDIC insured
Transaction fees1
Included transactions: Unlimited no-fee self-service transfers to your other Scotiabank accounts
Item Fee
Transactions $5.00
Internal transfers $0.00
E-transfer2 $1.00
External ATM2 $1.50
1 extra charges may apply for teller-assisted transactions
2 plus transaction fee
Monthly fee
$0.00
Notes
  • Interest is taxable
  • Earn interest on every dollar saved
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