Get $0 commission on up to 100 trades per year.*

Registered trademarks of The Bank of Nova Scotia, used under license.

Trademark of Scene IP, LP, used under license.

Interac e-transfer is a registered trademark of Interac Corp. used under license.

Terms and Conditions found in Scotiabank International Money Transfer Agreement apply

The Ultimate Package monthly account fee is waived if a minimum daily closing balance of $6,000 is maintained for the entire month in the Ultimate Package account. If the minimum daily closing balance of $6,000 is not maintained for the entire month in the Ultimate Package account but you have a Total Relationship Balance of $100,000 or more for the entire month, the monthly account fee of the Ultimate Package account will be either waived, or charged then rebated within the first 10 business days of the following month. This Ultimate Package monthly account fee waiver is limited to one waiver or rebate per client per month. For joint Ultimate Package accounts, the Total Relationship Balances are calculated separately for each accountholder and the monthly account fee will be waived or rebated if any one of the joint accountholder’s Total Relationship Balance is $100,000 or more.  The Ultimate Package account must have sufficient funds to cover any fees, including the monthly account fee.   
 

Total Relationship Balance: for any day, the sum of daily closing balances for that day in your eligible Scotiabank chequing accounts, savings accounts, GICs, and Mutual Funds including Scotia Registered Accounts and Scotia Investment Accounts (as defined in the Investment Companion Booklet) (“Eligible Accounts”) linked to your retail client profile for which you hold your Ultimate Package. A complete list of the Eligible Accounts is found at scotiabank.com/totalrelationshipbalance and Eligible Accounts include sole and joint accounts. For Mutual Funds, your daily closing balance is based on market value. For GICs where interest is paid before maturity, your daily closing balance is equal to the principal amount less the amount of all partial redemptions plus any accrued and unpaid interest up to that date. For GICs where interest is compounded, your daily closing balance is equal to the principal amount less the amount of all partial redemptions plus compound interest earned, plus interest accrued and unpaid up to that date.  For eligible non-Canadian dollar accounts, the balance will be determined based on the daily exchange rate determined by us and shown in Canadian Dollars.  

Exclusions: All non-personal accounts and accounts held at Scotia McLeod, iTrade, Private Investment Counsel (PIC), and/or any account type that is not in this list found at scotiabank.com/totalrelationshipbalance are excluded from the Total Relationship Balance.  

If a transaction is recorded retroactively in the Eligible Account (“Backdated Transaction”), the Backdated Transaction will not retroactively change your Total Relationship Balance that was used to determine the eligibility for the monthly account fee waiver or rebate. In other words, we will consider the eligibility of the monthly account fee waiver or rebate only once at the end of any given month and will not reconsider even though a Backdated Transaction was retroactively recorded.  

By opening your Ultimate Package account, you consent for The Bank of Nova Scotia to review your Eligible Accounts held at the Bank of Nova Scotia (“Eligible BNS Accounts”) as well as Eligible Accounts held at Scotia Securities Inc. (“Eligible SSI Accounts”), including the balances held at both Eligible BNS Accounts and Eligible SSI Accounts (including your sole account balances and any joint account balances you hold with other account holders) for the purpose of evaluating, calculating, and investigating the Total Relationship Balance tier applicable to your Ultimate Package.  

Privacy Statement: If you have a joint Ultimate Package account and it receives a monthly account fee waiver based on the Total Relationship Balance, the other Ultimate Package joint accountholder may be able to infer that you hold a qualifying balance and/or have other products with us. This is because the Total Relationship Balance includes the balances held individually or jointly in other Eligible Accounts. If you prefer not to have the individual balances in your Eligible Accounts considered for the monthly account fee waiver eligibility on a joint account, please speak with your advisor or visit a branch to explore alternative banking options that may better suit your privacy preferences.

Eligibility: you are eligible for the Preferred Package for Students and Youth (chequing account) if you are under 25 years of age or are enrolled full-time in a university, community college, or another recognized post-secondary institution in Canada or the United States. You will be required to confirm your student status by providing proof of enrollment. 

What happens when you’re no longer a student? When your student status expires based on Scotiabank’s records or you have failed to provide proof of enrollment confirming your full-time student status, the Student and Youth benefits will be removed and the account will be converted to the Preferred Package as of December 1st following the date of your student status expiry.

If you open an Ultimate Package account (the “Account”), on or after the date you open the Account (“Account Open Date”) you will receive an annual fee rebate of up to $150 on one Eligible Card that you hold as the primary cardholder (“Annual Fee Rebate”), for each year as long as you have one eligible Scotiabank Credit Card account (an “Eligible Card”) and the Account  which are open and in good standing. You will receive the Annual Fee Rebate, even if you opened an Eligible Card prior to the Account Open Date. Eligible Cards are the Scotiabank Gold American Express®, Scotiabank Passport® Visa Infinite*, Scotiabank Passport® Visa Infinite Privilege*, Scotia Momentum® Visa Infinite* and Scotiabank Value® Visa* credit cards. Eligible Cards are subject to change. Each Account will only receive one Annual Fee Rebate regardless of the number of accountholders on the Account or Eligible Cards held or opened. The Annual Fee Rebate will be applied to the first annual fee charged on the Eligible Card after the Account Open Date. If you are the primary cardholder of multiple Eligible Cards, the Annual Fee Rebate will be applied to the first annual fee that is charged on an Eligible Card after the Account Open Date. If your Eligible Card has an annual fee that is greater than $150, you remain responsible for any difference after the Annual Fee Rebate is applied.  All other fees and charges applicable to the Eligible Card continue to apply. Annual Fee Rebate cannot be combined with any other annual fee rebate or waiver offer. Current annual fees, rates and other features for Eligible Cards are subject to change.

The Ultimate Package account includes non-Scotiabank Interac⁺ ABM cash withdrawals in Canada and cash withdrawals at non-Scotiabank Visa* or PLUS* ABMs within and outside of Canada. Account holders may still be charged a convenience fee by the other bank and ABM operator, not by Scotiabank.

Scene+ ScotiaCard® debit card: Earn 1 Scene+ Point for every $5 on debit purchases (up to a maximum of 300 points per transaction and 600 points per day) made from an eligible Scotiabank chequing or savings account using your Scene+ ScotiaCard debit card linked to a Scene+ membership, including Interac Debit contactless and Visa Debit transactions.  Normal Interac Debit contactless transaction limits apply. Scene+ Points accumulated using your Scene+ ScotiaCard debit card will be updated within 2-3 days to the associated Scene+ account.  Scene+ points are calculated on debit card purchases, less any refunds, returns, or other similar credits.  Other conditions apply. Visit www.scotiabank.com/sceneplusrewards for full terms and conditions.

Effective starting on and after June 22, 2026 (the “Effective Date”), clients who have a Preferred Package account (“Account”) will receive an annual fee rebate of $40 (“Annual Fee Rebate”) on one Eligible Card Account where they are the primary cardholder (“Eligible Card”), beginning on the first Anniversary Date after June 22, 2026 (and on each annual Anniversary Date thereafter), provided all of the following conditions are met: (i) there must be at least $15,000 in Qualifying Purchases posted to the Eligible Card Account in the 12 monthly statement periods prior to the month in which the Eligible Card Account’s annual fee is charged to the Eligible Card Account (the “Annual Anniversary Spend Amount"), and (ii) both the Eligible Card Account and the Account must be open and in good standing at the time the Annual Fee Rebate is applied. The Rebate should appear on your Eligible Card statement approximately on, or within the first two statements after the annual fee is charged to the Eligible Card Account.

 

The first-year annual fee(s) charged on your Eligible Card Account after the Effective Date is not eligible for an Annual Fee Rebate. The Annual Fee Rebate applies, even if you opened an Eligible Card Account prior to the Account Open Date.

 

Each Account will only receive one Annual Fee Rebate regardless of the number of accountholders on the Account or Eligible Cards held or opened on the Eligible Card Account. If you are the primary cardholder of multiple Eligible Cards, the Annual Fee Rebate will be applied to the annual fee that is charged first on an Eligible Card after the Account Open Date if you meet the Annual Anniversary Spend Amount.

 

If your Eligible Card Account has an annual fee(s) that is greater than the amount of the Annual Fee Rebate, you are responsible for any difference in annual fee(s) after the Annual Fee Rebate is applied. All other fees and charges applicable to the Eligible Card Account continue to apply. 

 

The Annual Fee Rebate is subject to change and cannot be combined with any other offer including an annual fee rebate or waiver offer. Annual fees, rates and other features for Eligible Cards are subject to change. We may limit or revoke the Annual Fee Rebate(s) without notice if we believe there is suspicious or fraudulent activity, if the offer is being abused, or if you receive an Annual Fee Rebate in error.

 

“Account Open Date” means the date that the Account is opened. 

 

“Anniversary Date” means the date that is one year after the annual fee is first charged to your Eligible Card Account and every 12 months thereafter.

 

“Eligible Card Accounts” are currently the Scotiabank Gold American Express®, Scotiabank Passport® Visa Infinite +* and Scotia Momentum® Visa Infinite +* credit cards. Eligible Card Accounts are subject to change. 

 

A “Qualifying Purchase” is a Purchase (as defined in your credit agreement for your Eligible Card Account) that is posted to your Eligible Card Account, less any refunds, returns or other similar credits on your Eligible Card Account. Qualifying Purchases exclude cash advances (including balance transfers and cash-like transactions), interest charges, fees and payments posted to your Eligible Card Account.

Ultimate Package

As of September 1, 2026, new and existing Ultimate Package bank account holders who open a new Scotia iTRADE account or hold an existing Scotia iTRADE account (excluding corporate and non-personal Scotia iTRADE accounts) qualify for the following benefit:

 

Receive a commission-free trades benefit, by way of a waiver or a commission credit, for every eligible commissionable trade placed online and through Scotia iTRADE mobile app (up to a maximum of 100 eligible trades within each calendar year while the client is an Ultimate Package account holder). The commission-free trades benefit relating to options will be applied to base commissions only.

 

Where a commission credit applies, the credit amount will appear as $4.99 or $9.99 per trade depending on the account trading activity: standard commissions are $9.99; if more than 150 commissionable trades are placed per quarter, commissions are valued at $4.99 per trade. Trades executed by a Trading Authority in the Scotia iTRADE account are also eligible.

 

Where applicable, the commission credit will be applied to the account holder’s non-registered Scotia iTRADE account, or in its absence, their registered Scotia iTRADE account, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first ten (10) business days of the month following the month that the eligible trades were executed.

 

Eligibility & Exclusions:

 

Eligible commissionable trades include stocks, exchange-traded funds (ETFs), and options placed across all Ultimate Package account holder(s)’ Scotia iTRADE accounts within the calendar year beginning on the later of September 1, 2026 or the date when a client opens a Scotia iTRADE account. 

 

To be eligible, the sole or joint account holder of the Ultimate Package account can be either the sole or joint account holder of the Scotia iTRADE account. Each account holder for each joint Ultimate Package account will be entitled to receive the waiver or commission credit for up to 100 eligible trades within each calendar year, as applicable, into their Scotia iTRADE account. The commission-free trades benefit for up to 100 commission free trades is limited to one per client, regardless of the number or type of eligible Ultimate Package accounts or Scotia iTRADE accounts held by the client.

 

Both the Ultimate Package account and Scotia iTRADE accounts must be open and in good standing on the last day of every month. The Scotia iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due.

 

This offer can be combined with other Scotia iTRADE programs (excluding Student Banking Advantage Plan Offer, Preferred Package Offer, & Wealth Bundle Offer), and campaigns unless otherwise specified. Should commission waivers or commission credits be awarded for the other programs and campaigns, those commission waivers or commission credits will be applied first until fully consumed before applying the Ultimate Package commission-free trades benefit.

 

Any unused commission-free trades will expire on the last day of the applicable calendar year and will not carry forward to any subsequent calendar year. 

 

No cash redemption value.

Preferred Package

As of September 1, 2026, new and existing Preferred Package bank account holders who open a new Scotia iTRADE account or hold an existing Scotia iTRADE account (excluding corporate and non-personal Scotia iTRADE accounts) qualify for the following benefit:

 

Receive a commission-free trades benefit, by way of a waiver or a commission credit, for every eligible commissionable trade placed online and through Scotia iTRADE mobile app (up to a maximum of 50 eligible trades within each calendar year while the client is a Preferred Package account holder). The commission-free trades benefit relating to options will be applied to base commissions only.

 

Where a commission credit applies, the credit amount will appear as $4.99 or $9.99 per trade depending on the account trading activity: standard commissions are $9.99; if more than 150 commissionable trades are placed per quarter, commissions are valued at $4.99 per trade. Trades executed by a Trading Authority in the Scotia iTRADE account are also eligible.

 

Where applicable, the commission credit will be applied to the account holder’s non-registered Scotia iTRADE account, or in its absence, their registered Scotia iTRADE account, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first ten (10) business days of the month following the month that the eligible trades were executed.

 

 

Eligibility & Exclusions:

 

Eligible commissionable trades include stocks, exchange-traded funds (ETFs), and options placed across all Preferred Package account holder(s)’ Scotia iTRADE accounts within the calendar year beginning on the later of September 1, 2026 or the date when a client opens a Scotia iTRADE account. 

 

To be eligible, the sole or joint account holder of the Preferred Package account can be either the sole or joint account holder of the Scotia iTRADE account. Each account holder for each joint Preferred Package account will be entitled to receive the waiver or commission credit for up to 50 eligible trades within each calendar year, as applicable, into their Scotia iTRADE account. The commission-free trades benefit for up to 50 commission free trades is limited to one per client, regardless of the number or type of eligible Preferred Package accounts or Scotia iTRADE accounts held by the client.

 

Both the Preferred Package account and Scotia iTRADE accounts must be open and in good standing on the last day of every month. The Scotia iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due.

 

This offer can be combined with other Scotia iTRADE programs (excluding Student Banking Advantage Plan Offer, Ultimate Package Offer, & Wealth Bundle Offer), and campaigns unless otherwise specified. Should commission waivers or commission credits be awarded for the other programs and campaigns, those commission waivers or commission credits will be applied first until fully consumed before applying the Preferred Package commission-free trades benefit.

 

Any unused commission-free trades will expire on the last day of the applicable calendar year and will not carry forward to any subsequent calendar year. 

 

No cash redemption value.

As of May 26, 2025, new and existing Preferred Package for Students & Youth account holders who have or open a Scotia iTRADE account will receive a waiver of commission on all eligible commissionable trades (up to $9.99 CAD/USD per transaction) (the “Waiver”). The Waiver relating to options will be applied to base commissions only.  

Note: it can take up to 10 business days from the date of opening a new Preferred Package for Students & Youth account or Scotia iTRADE account for the Waiver to apply.  The Waiver will be applied at the time of trade. 

 

Eligibility & Exclusions: 

• Eligible commissionable trades include stocks, ETFs and options (base commission only) placed across all Preferred Package for Students & Youth primary account holder’s Scotia iTRADE accounts after the later of May 26, 2025 and the time when a client opens a Scotia iTRADE account. 

• Corporate and non-personal Scotia iTRADE accounts are not eligible. 

• Only the primary account holder of a Preferred Package for Students & Youth account and of a Scotia iTRADE account will be entitled to receive the Waiver in their Scotia iTRADE account(s). 

• Both the Preferred Package for Students & Youth account and Scotia iTRADE accounts must be open and in good standing on the last day of every month for the Waiver to apply. 

• The Scotia iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due. 

• Preferred Package Students & Youth account holders will not qualify for iClub membership based solely on their trading activity. 

• No cash redemption value. 

• This offer can be combined with other Scotia iTRADE programs and campaigns unless otherwise specified.  

• Must be at least the age of majority in province of residence to open a Scotia iTRADE account.