Scotia High Interest Savings Account
Monthly Fee
$0
Promotional interest
5%
3 months
Welcome Offer
Up to 5.00% for 3 months (2.20% regular rate with a Total Relationship Balance of $500,000+ plus a 2.80% welcome rate); no interest when your Total Relationship Balance is under $10,000; new Scotia HISA/MomentumPLUS clients only (offer verified October 7, 2026)
Account Overview
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.
Offer & conditions
Up to 5.00% for 3 months (2.20% regular rate with a Total Relationship Balance of $500,000+ plus a 2.80% welcome rate); no interest when your Total Relationship Balance is under $10,000; new Scotia HISA/MomentumPLUS clients only (offer verified October 7, 2026)
Pros & Cons
Pros
- No monthly fee
- Promotional rate of 5%
- Competitive interest rate (2.2%)
Cons
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Account Features
- E-StatementNot specified
- Included transactionsNot specified
- Unlimited Interac e-TransfersNot specified
Terms and conditions
- Interest Rate Based on Balance (up to 2.20%)
- No monthly fees
- Funds Accessible at All Times
- Free Transfers Between Your Scotiabank Accounts
- Interest calculated daily, paid monthly
- CDIC Protected
Related Accounts
*Conditions apply.
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