FinviloScotiabank
Scotiabank Value Visa Card for Students
Low-rate student card with a promotional balance transfer rate.
- Annual fee
- $29
- Purchase interest rate
- 13.99%
- Cash advance rate
- 13.99%
- Balance transfer rate
- 0% for the first 9 months with a 1% fee
Scotiabank
We list 37 Scotiabank products, grouped by type below. Details come from Scotiabank's own published pages; anything it does not publish is left out. We have not personally tested these products.
Official Scotiabank websiteBalance transfers
Business lines of credit
Scotiabank
Credit Line for Business
Reusable operating credit for cash-flow gaps and working capital, with floating interest linked to prime.
- Uses
- Operating expenses and working capital.
- Interest
- Floating rate linked to prime; applicant-specific spread Not confirmed.
- Structure
- Revolving credit within an approved limit.
Chequing
Scotiabank
Basic Bank Account
A chequing account with included debit transactions and free Interac e-Transfer transactions.
- Monthly fee
- $3.95
- Transactions included
- 18
Scotiabank
Basic Plus Bank Account
A chequing account with included debit transactions and free Interac e-Transfer transactions.
- Monthly fee
- $11.95
- Transactions included
- 25
Scotiabank
Preferred Package
A chequing account with included debit transactions and free Interac e-Transfer transactions.
- Monthly fee
- $16.95
- Transactions included
- Unlimited
Scotiabank
Preferred Package for Students and Youth
A chequing account without monthly fees for people under 25 or enrolled full-time at a Canadian or U.S. post-secondary institution.
- Monthly fee
- $0
- Transactions included
- Unlimited
Scotiabank
Ultimate Package
A chequing account with included debit transactions and free Interac e-Transfer transactions.
- Monthly fee
- $30.95
- Transactions included
- Unlimited
Commercial financing
Scotiabank
Scotia Leasing
Scotiabank business equipment leases from two to seven years.
- Structure
- Capital and operating leases
- Minimum loan
- $50,000 transaction size
- Term
- 2 to 7 years
- Currency
- US dollar leases available (some restrictions apply)
Scotiabank
Scotiabank Equipment Loan Financing
Commercial equipment loans for vendor purchases or refinancing owned assets.
- Maximum amount
- Up to 100% financing
- Uses
- Equipment from vendors or refinancing assets already owned
- Term
- Flexible, including seasonal and skip payments; fixed and/or variable rates
- Currency
- CAD and/or USD
Credit Cards
Scotiabank
Scotia Momentum Visa Infinite+ Card
A cash back card with an annual fee.
- Annual fee
- $120
- Purchase interest rate
- 20.99%
- Cash advance rate
- 22.99%
- Balance transfer rate
- 0% for the first 12 months, 22.99% after; 2% fee
Scotiabank
Scotiabank Passport Visa Infinite+ Card
A travel rewards card that earns Scene+ points on eligible purchases.
- Annual fee
- $150
- Purchase interest rate
- 20.99%
- Cash advance rate
- 22.99%
Debt-consolidation loans
Scotiabank
Scotia Plan Loan
Structured borrowing for larger purchases or consolidating higher-interest balances. Fixed or variable interest and penalty-free early repayment are listed.
- Payments
- Weekly, biweekly or monthly.
- Prepayment
- No prepayment penalties.
- Term
- Up to five years.
- Rate structure
- Fixed or variable.
Fixed and variable
Scotiabank
Scotiabank Mortgages
Fixed and variable rate mortgages from Scotiabank.
Full details for Scotiabank Mortgages (opens in new tab)High-interest savings
Scotiabank
Momentum PLUS Savings Account
A savings account that rewards longer saving periods and allows unlimited self-service transfers between Scotia accounts.
- Monthly fee
- $0
Scotiabank
Scotia High Interest Savings Account (HISA)
A savings account whose regular rate depends on the total balance in eligible Scotiabank accounts.
- Monthly fee
- $0
New vehicle loans
Scotiabank
Scotiabank Auto Loan
Scotiabank financing for new vehicles and vehicles up to seven years old.
- Maximum amount
- Up to $200,000
- Eligibility
- New vehicle or one up to 7 years old
- Term
- Up to 96 months
- Prepayment
- Pay off at any time without penalty
Newcomer banking
Scotiabank
Scotiabank Preferred Package (StartRight)
Newcomers get no monthly fee for the first year.
- Monthly fee
- $16.95, or $0 with $4,000 minimum daily balance
- Newcomer benefit
- No monthly fees in the first year through StartRight
No-fee accounts
Scotiabank
Money Master Savings Account
A savings account with automated savings tools and no minimum balance requirement.
- Monthly fee
- $0
Scotiabank
Savings Accelerator Account
A savings account that can be added to a non-registered or registered plan, with no minimum balance requirement.
- Monthly fee
- $0
Online brokerages
Scotiabank
Scotia iTRADE
Scotiabank's self-directed online brokerage.
Full details for Scotia iTRADE (opens in new tab)Other
Scotiabank
Scotia Euro Savings Account
A euro savings account with two free teller-assisted transactions monthly. The monthly fee is waived with a minimum €200 daily closing balance or for customers aged 60 or older.
- Monthly fee
- €1.00
Scotiabank
Scotia U.S. Dollar Daily Interest Account
A U.S.-dollar savings account with a monthly fee that is waived with a minimum $200 USD daily closing balance or for customers aged 60 or older.
- Monthly fee
- $1.00 US
Personal lines of credit
Scotiabank
Scotia Professional Student Plan Line of Credit
A line of credit for eligible professional students. Available limits and repayment arrangements depend on program eligibility.
- Provincial availability
- Not confirmed. Ask the provider about residence and membership requirements.
Scotiabank
ScotiaLine Personal Line of Credit
Revolving personal credit with flexible access and repayment. This listing is for the personal product, not its real-estate-secured counterpart.
- Provincial availability
- Not confirmed. Ask the provider about residence and membership requirements.
- Amount
- Credit limits from $5,000 up to $75,000
- Repayment
- Flexible repayment options
- Structure
- No need to reapply
Scotiabank
ScotiaLine Personal Line of Credit for Students
Revolving credit for eligible post-secondary students. Confirm in-school payments and when principal repayment begins.
- Provincial availability
- Not confirmed. Ask the provider about residence and membership requirements.
Rewards
Scotiabank
Scotiabank Gold American Express Card
A Scene+ rewards card with enhanced earning at participating grocery stores.
- Annual fee
- $120
- Purchase interest rate
- 21.99%
- Cash advance rate
- 22.99%
Scotiabank
Scotiabank Scene+ Visa Card
A no-annual-fee Scene+ card with enhanced earning at participating retailers.
- Annual fee
- $0
- Purchase interest rate
- 21.99%
- Cash advance rate
- 22.99%
Secured loans
Scotiabank
ScotiaLine Personal Line of Credit (real estate secured)
Scotiabank real estate secured line of credit eligible for Scotia Total Equity Plan.
- Rate
- Secured borrowing rates
- Eligibility
- Eligible product for Scotia Total Equity
Small-business loans
Scotiabank
Scotiabank Canadian Small Business Financing Program Term Loan
A government-backed term loan for eligible equipment, leasehold improvements, property, intangible assets and working capital.
- Maximum amount
- CAD 1,000,000
- Financing coverage
- Up to 90% of eligible purchases, subject to program maximums
- Rate type
- Fixed and variable
- Amortization
- Up to 15 years for leasehold and equipment; up to 20 years for real property
Scotiabank
Scotiabank Term Loan for Business
A business term loan for buying fixed assets, with fixed or floating rates and scheduled monthly payments.
- Maximum amount
- CAD 1,000,000
- Term
- Up to 5 years
- Amortization
- Up to 20 years for real estate; 3 to 10 years for other loans
- Rate type
- Fixed or floating
Student accounts
Scotiabank
Scotiabank Preferred Package for Students and Youth
No monthly fee for under-25s or eligible full-time students.
- Monthly fee
- $0
- Transactions included
- Unlimited debit transactions
- Card rebate
- Ongoing $40 annual fee rebate on eligible credit cards
- Eligibility
- Under 25, or full-time post-secondary student in Canada or the U.S.
Scotiabank
Scotiabank Student Banking Advantage Plan
A student banking plan from Scotiabank.
Full details for Scotiabank Student Banking Advantage Plan (opens in new tab)Student cards
Scotiabank
Scotia Momentum No-Fee Visa Card for Students
No-fee student cash back card with an intro balance transfer rate.
- Annual fee
- $0
- Purchase interest rate
- 20.99%
- Cash advance rate
- 22.99%
- Balance transfer rate
- 0.99% for the first 9 months, 22.99% after; 2% fee
Scotiabank
Scotia Momentum Visa Card for Students
Student cash back card with a nine-month intro balance transfer rate.
- Annual fee
- $49
- Purchase interest rate
- 20.99%
- Cash advance rate
- 22.99%
- Balance transfer rate
- 0.99% for the first 9 months, 22.99% after; 2% fee
Scotiabank
Scotiabank Scene+ Visa Card for Students
No-fee student card earning Scene+ points.
- Annual fee
- $0
- Minimum credit limit
- $500
- Purchase interest rate
- 21.99%
- Cash advance rate
- 22.99%
Student credit cards
Scotiabank
Scotiabank American Express Card for Students
No-fee student American Express earning Scene+ points.
- Annual fee
- $0
- Purchase interest rate
- 21.99%
- Cash advance rate
- 22.99%
Used vehicle loans
Scotiabank
Scotiabank Grad Auto Loan
Scotiabank auto financing for recent graduates who meet its requirements.
- Eligibility
- New vehicle or used up to 3 years old
- Term
- Up to 60 months
- Repayment
- No payments for up to 90 days
- Prepayment
- Without penalty
Rates and fees change. Confirm current terms with Scotiabank before applying. General information, not personalized advice.