Maximize your Scotia iTRADE® account with a banking package

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. If the monthly balance of the Ultimate Package account is less than the daily minimum of $6,000 but has a combined minimum daily closing balance of $30,000 across the Ultimate Package account and Momentum^PLUS Savings Account(s) for the entire month, the monthly account fee of the Ultimate Package account will be charged then rebated within the first 10 business days of the following month. The account must have sufficient funds to cover any fees, including the monthly fee. The account balance of one (1) Ultimate Package Account plus more than one (1) Momentum^PLUS Savings Account(s) qualifies to pay no monthly fees on one (1) Ultimate Package account. Account holders of the Ultimate Package who are also account holders of the Momentum^PLUS Savings Account(s) qualify.

Additional fees apply for shared ABM services, cross-border debit transactions and other banking services not included in the chequing account package.

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 waiver (“Annual Fee Waiver”), each year for as long as you have one eligible Scotiabank Credit Card account (an “Eligible Card”) and the Account. You will receive the Annual Fee Waiver, 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^*, Scotia Momentum^® Visa Infinite and Scotiabank Value^® Visa^* credit cards. Eligible Cards are subject to change. Each Account will only receive one Annual Fee Waiver regardless of the number of accountholders on the Account or Eligible Cards opened. The Annual Fee Waiver will be applied to the first annual fee for a primary Card charged on an Eligible Card after the Account Open Date. If there is more than one Eligible Card after the Account Open Date, the Annual Fee Waiver will be applied only to the first annual fee for a primary card that is charged on an Eligible Card after the Account Open Date. All other fees and charges applicable to the Eligible Card continue to apply. Annual Fee Waiver will not be applied if your Account or Eligible Card is not open or is not in good standing and cannot be combined with any other annual fee 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.

Ultimate Package account holders will receive a boost to the Regular Interest Rate (the “Ultimate Interest Rate Boost”). Refer to the Current Rates Page on Scotiabank.com for the Total Annual Interest Rate applicable to the Ultimate Package (current Regular Interest Rate plus Ultimate Interest Rate Boost), which is subject to change at any time without advance notice. It will take up to 10 business days after activating an Ultimate Package account for the Ultimate Interest Rate Boost to apply. The Ultimate Interest Rate Boost will cease to apply effective as of the date that the Ultimate Package account is closed. The Ultimate Interest Rate Boost is an annual rate calculated daily on the MomentumPLUS Savings Account(s) closing balance and paid monthly.

Account holders who have a Scotia iTRADE account (except for corporate and non-personal Scotia iTRADE accounts) qualify to be credited with the commissions associated with their first 10 online commissionable trades of equities, options, debentures ($24.99 per debenture trade) or ETFs (“Eligible Securities”) placed across all account holder(s)’ Scotia iTRADE accounts within the calendar year when they open the Ultimate Package account. In the second calendar year and thereafter, account holders qualify to be credited with the commissions associated with their first 5 online commissionable trades of Eligible Securities placed across all their Scotia iTRADE accounts during each year. Both the Ultimate Package account and Scotia iTRADE accounts must be in good standing on the last day of every month. Credits will be applied to the account holder’s non-registered Scotia iTRADE account, and, in its absence, to the account holder’s 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 10 business days of the month following the trades. To be eligible, the primary or joint account holder of the Ultimate Package account can be either the primary or joint account holder of the Scotia iTRADE account. Credits 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 trades are placed per quarter commissions are valued at $4.99 per trade, debenture commissions are valued at $24.99 per trade. Trades executed by a Trading Authority in the Scotia iTRADE account are also eligible. To qualify you must not be in a disallowed debit position in your Scotia iTRADE accounts and not have any outstanding margin calls due in your Scotia iTRADE accounts. No cash redemption value. Free trades are limited to one per client. Only one account holder per each joint Ultimate Package account will be entitled to receive the credits for 10 or 5 free trades, as applicable, into their Scotia iTRADE account.

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.

If you open a Preferred Package account (the “Account”), on or after the date you open the Account (the “Account Open Date”), you will receive an annual fee waiver for the first year only (the “First Year Annual Fee Waiver”) on one eligible Scotiabank Credit Card account (an “Eligible Card”) opened on or after the Account Open Date. Eligible Cards are the Scotiabank Gold American Express, Scotiabank Passport^™ Visa Infinite^*, Scotia Momentum^® Visa Infinite and Scotiabank Value^® Visa^* credit cards. Eligible Cards are subject to change. Each Account can only receive one First Year Annual Fee Waiver regardless of the number of accountholders on the Account or Eligible Cards opened. The First Year Annual Fee Waiver will be applied to the first annual fee for a primary card charged on an Eligible Card after the Account Open Date. If there is more than one Eligible Card opened after the Account Open Date, the First Year Annual Fee Waiver will be applied only to the first annual fee for a primary card that is charged on an Eligible Card after the Account Open Date. This First Year Annual Fee Waiver is only available for new Eligible Cards opened on or after the Account Open Date. Current or previous cardholders of an Eligible Card or cardholders that transfer to an Eligible Card on or after the Account Open Date will not receive the First Year Annual Fee Waiver. All other fees and charges applicable to the Eligible Card continue to apply. First Year Annual Fee Waiver will not be applied if the Account or Eligible Card is not open or is not in good standing and cannot be combined with any other annual fee waiver offer. Current annual fees, rates and other features for Eligible Cards are subject to change.

Preferred Package account holders will receive a boost to the Regular Interest Rate (the “Preferred Interest Rate Boost”). Refer to the Current Rates Page on Scotiabank.com for the Total Annual Interest Rate applicable to the Preferred Package (current Regular Interest Rate plus Preferred Interest Rate Boost), which is subject to change at any time without advance notice. It will take up to 10 business days after activating a Preferred Package account for the Preferred Interest Rate Boost to apply. The Preferred Interest Rate Boost will cease to apply effective as of the date that the Preferred Package account is closed. The Preferred Interest Rate Boost is an annual rate calculated daily on the Momentum^PLUS Savings Account(s) closing balance and paid monthly.

Eligibility: you are eligible for the Student Banking Advantage Plan (chequing account) if you 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.

As of January 1, 2023, new and existing Preferred Package bank account holders who open a new Scotia iTRADE account for the first time qualify for the following benefit:

• Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 20 in the first calendar year, and 10 in the second calendar year and thereafter while the Scotia iTRADE customer is a Preferred Package bank account holder).  The rebate relating to options will be applied to base commissions only.

As of January 1, 2023, new and existing Preferred Package bank account holders who have an existing Scotia iTRADE account qualify for the following benefit:

• Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 10 in the first calendar year and thereafter while the Scotia iTRADE customer is a Preferred Package bank account holder).  The rebate relating to options will be applied to base commissions only.

Trade one get one free rebates: The rebate 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 10 business days of the month following the month that the trades were executed.

Eligibility & Exclusions:

• Eligible commissionable trades include stocks, ETFs, options placed across all Preferred Package account holder(s)’ Scotia iTRADE accounts within the calendar year since the later of January 1, 2023 and the time when a client opens a Scotia iTRADE account.
• Corporate and non-personal Scotia iTRADE accounts are not eligible.
• Joint Preferred Package account holders are collectively entitled to the rebates for the total of the first 10 or 20 (as applicable) eligible trades fulfilled within their Scotia iTRADE accounts as between joint Preferred Package account holders regardless of whether or not such Scotia ITRADE accounts are sole or joint with other people.
• Both the Preferred Package bank account and Scotia iTRADE accounts must be 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.
• No cash redemption value.
• This offer can be combined with other Scotia iTRADE programs (excluding Student Banking Advantage Plan offer) and campaigns unless otherwise specified. Should free trade rebates be awarded for the other programs and campaigns, those free trades will be applied first until fully consumed before applying Preferred Package free trades rebate.

As of January 1, 2023, new and existing Student Banking Advantage Plan account holders who open a new Scotia iTRADE account  for the first time qualify for both of the following benefits:

• Preferred $4.99 pricing on eligible commissionable trades (regularly $9.99). Note: it will take up to 10 business days from the date of opening a new Student Banking Advantage Plan or Scotia iTRADE account for the discounted $4.99 commission pricing to apply.
• Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 20 in the first calendar year, and 10 in the second calendar year and thereafter while the Scotia iTRADE customer is a Student Banking Advantage Plan account holder).   The rebate relating to options will be applied to base commissions only.

As of January 1, 2023, new and existing Student Banking Advantage Plan account holders who have an existing Scotia iTRADE account qualify for both of the following benefits:

• Preferred $4.99 pricing on eligible commissionable trades (regularly $9.99). Note: it will take up to 10 business days from the date of opening a new Student Banking Advantage Plan or Scotia iTRADE account for the discounted $4.99 commission pricing to apply.
• Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 10 in the first calendar year and thereafter while the Scotia iTRADE customer is a Student Banking Advantage Plan account holder). The rebate relating to options will be applied to base commissions only.

Trade one get one free rebates: The rebate 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 10 business days of the month following the month that the trades were executed.

Eligibility & Exclusions:

• Eligible commissionable trades include stocks, ETFs and options placed across all Student Banking Advantage Plan account holder(s)’ Scotia iTRADE accounts within the calendar year since the later of January 1, 2023 or the time when a client opens a Scotia iTRADE account.
• Corporate and non-personal Scotia iTRADE accounts are not eligible.
• The student (the primary account holder of the Student Banking Advantage Plan account) can be either the primary or joint account holder of the Scotia iTRADE account.
• Only the primary account holder of a Student Banking Advantage Plan account will be entitled to receive the preferred $4.99 pricing or get their commissions reimbursed for every second eligible commissionable trade, as applicable, into their Scotia iTRADE account.
• Both the Student Banking Advantage Plan account and Scotia iTRADE accounts must be 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.
• No cash redemption value.
• This offer can be combined with other Scotia iTRADE programs (excluding Preferred Package) and campaigns unless otherwise specified. Should free trade rebates be awarded for the other programs and campaigns, those free trades will be applied first until fully consumed before applying Student Banking Advantage Plan free trades rebate.