Best Scotiabank Savings Accounts in Canada

The Scotiabank High-Interest Savings Account allows you to grow your money with an interest rate that increases with your balance, with no monthly fees.

Interest is calculated daily and paid monthly. Your funds remain accessible at all times, and transfers between your Scotiabank accounts are free.

Scotiabank’s Right Size Savings for business account maximizes the return on your surplus cash.

Take advantage of a promotional rate of up to 2.95% for 4 months* when you open a new account. The higher your balance, the higher your interest rate. A minimum balance of $10,000 must be maintained to receive interest.

Main account features:

• No monthly account maintenance fees
• Unlimited free Canadian dollar self-service transfers
• An interest rate that increases as your balance grows
• Access to your funds at all times
• CDIC deposit insurance

The special offer on the MomentumPLUS Savings Account allows you to grow your money with an interest rate of up to 4.75% for 3 months.

The main features of this account:

• No monthly fees
• No minimum balance required
• Automatic Savings Plan
• Unlimited transfers between accounts
• Virtual check deposit

Maximize your savings with Scotiabank Savings Accelerator Account.

Enjoy a competitive interest rate, with no monthly fees.

Make unlimited, free transfers between your accounts and benefit from free quarterly statements. Ideal for your registered and non-registered plans.

Scotiabank Getting There Savings Program for Youth has no monthly fee. Your balance earns 0.05%.

Discover the Scotia Bank Master Savings Account and enjoy unlimited free transfers to your other Scotia accounts.

With no monthly account fees, this account gives you easy, convenient access to your funds at all times, and interest on every dollar you save.

Simplify your savings with the ‘Deposit the Change’ program and automatic contributions.

Receive free InfoAlerts to keep you informed of important transactions.

Scotiabank Foreign Currency Savings Account has a monthly fee of $1. The fee is waived with a minimum balance of $200. 2 transactions per month are included.

Manage your U.S. savings with the Scotiabank U.S. Dollar Daily Interest Account. Benefit from progressive interest with no monthly fees and a minimum daily balance of US$200.

Enjoy two free debit transactions per month and access to online and mobile banking services.

Receive free InfoAlerts and paperless statements.

Opt for the Scotia Daily Interest Euro Account and benefit from no monthly fees with a minimum daily balance of €200.

Enjoy two free teller transactions per month and interest calculated daily.

This account is ideal for saving in euros with competitive exchange rates and CDIC protection.