Get up to 3% cash back  when you fund a Scotia iTRADE® account*

*Conditions apply. Offer valid for new and existing Scotia iTRADE® clients and applies to new or existing accounts.

How to Qualify for the cash offer up to $15,000  

If you

(i) open and enroll in this offer with one or more new Scotia iTRADE account(s) (each, a “New Account”) by  April 1, 2027 and fund the New  Account(s) by May 31, 2027, with net new cash and/or assets  (cheque deposit, electronic transfer or transfer of assets) transferred from an account held at a  financial institution outside of the Scotiabank Group of Companies, as defined below (an “External Transfers-in”) in an amount equal to at least CAD $5,000 (the “Qualifying Funded Amount”) OR enroll your existing account(s) in this offer by April 1, 2027 and transfer cash and/or assets with net new value in cash or/and assets equal to the Qualifying Funded Amount into your existing Scotia iTRADE account(s) in an External Transfers-in by May 31, 2027, and 

(ii) then maintain the Qualifying Funded Amount in assets that you deposited in your New Account(s) or in your existing account(s) (subject to the Qualifying Funded Amount calculation condition) during the entire period between November 3, 2026, and February 28, 2029

then you will be eligible to receive a cash incentive (the “Cash Reward”) calculated as follows across all your Scotia iTRADE accounts:

• 3% of the Qualifying Funded Amount held in Scotia iTRADE registered accounts, and
• 1% of the Qualifying Funded Amount held in Scotia iTRADE non-registered accounts,

up to a maximum combined total Cash Reward of CAD $15,000 per client across all registered and non-registered client’s Scotia iTRADE accounts, paid in two installments of 40% and 60% by April 28, 2028, and by March 30, 2029, respectively. The Cash Reward will be deposited into your non-registered account, and if you don’t have non-registered accounts then into your registered account.

“Scotiabank Group of Companies” means The Bank of Nova Scotia and all of its subsidiaries and affiliates (including, but not limited to, Scotiatrust®, ScotiaMcLeod®, Scotia Jarislowsky Fraser, 1832 Asset Management L.P., MD Financial Management, Limited and Tangerine).

Qualifying Funded Amount calculation condition for this cash back offer

Qualification will be based on the combined net new assets in all eligible Scotia iTRADE accounts held by a client that were transferred in External Transfers-in during the funding period. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts (including withdrawals / transfer outs from the accounts into which you did not deposit the Qualifying Funded Amount through External Transfers-ins) at any time between November 3, 2026, and February 28, 2029 (“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Funded Amount for the purposes of determining your entitlement for the specific amount of Cash Reward. The Qualifying Funded Amount will be assessed separately for each of the two holding periods, from November 3, 2026, to March 31, 2028, and from April 1, 2028, to February 28, 2029, to determine eligibility for each installment. If withdrawals or transfers out from a particular account type (registered or non-registered) exceed the amount funded into that account type through External transfer-ins, the excess amount will reduce the Qualifying Funded Amount for the other account type.

Cash Reward Calculation

The Cash Reward will be calculated based on the total Qualifying Funded Amount held in all eligible account(s) (registered and non-registered accounts assessed separately) on the applicable calculation dates, as follows:

• The Qualifying Funded Amount will be determined by aggregating all eligible External Transfers-in to all eligible account(s) (registered and non-registered accounts assessed separately), net of any withdrawals, in accordance with the Qualifying Funded Amount calculation condition.
• The applicable Cash Reward percentage will be applied based on the type of account in which the Qualifying Funded Amount is held, as follows:
  • 3% for Scotia iTRADE registered accounts
  • 1% for Scotia iTRADE non-registered accounts
• If the Qualifying Funded Amount is held across multiple eligible accounts, the Cash Reward will be calculated separately for each account based on its account type and then aggregated.
• The percentage applied will be based on the account type at the time the Qualifying Funded Amount is calculated for the applicable holding period.
• You can fund either Scotia iTRADE registered accounts or Scotia iTRADE non-registered accounts, or both registered and non-registered Scotia iTRADE accounts to be eligible for this offer. All eligible accounts funded with External Transfers-in will be included in the calculation of the Cash Reward (registered and non-registered account separately).
• The total combined Cash Reward across all eligible registered and non-registered accounts will not exceed CAD $15,000 per client.
• The Cash Reward will be calculated based on the Qualifying Funded Amount maintained in the eligible account(s) at the applicable calculations dates and will be subject to reduction for any withdrawals in accordance with these Terms and Conditions.

Example 1:

Client transfers $50,000 in External Transfers-in into a non-registered account, and $40,000 into a registered account between November 3, 2026, and May 31, 2027, and maintains the minimum Qualifying Funded Amount between November 3, 2026, and February 28, 2029.

Example 2:

Client opens new accounts, enrolls in the offer and deposits a total of $100,000 in External Transfers-in, with $60,000 deposited into a registered account and $40,000 deposited into a non-registered account. The client then withdraws a total of $40,000 during the term of the first holding period, between June 1, 2027, and March 31, 2028, consisting of $25,000 from the registered account and $15,000 from the non-registered account. The client maintains the minimum Qualifying Funded Amount between November 3, 2026, and February 28, 2029.

Example 3:

Existing client enrolls in the offer before April 1, 2027, and transfers in $50,000 in External Transfers-in into a registered account and $50,000 into a non-registered account before May 31, 2027. The client then transfers out $10,000 from the registered account during the term of the second holding period, between April 2, 2028, and February 28, 2029. The client maintains the minimum Qualifying Funded Amount between November 3, 2026, and February 28, 2029.

Example 4:

Client opens new accounts and enrolls in the offer before April 1, 2027, and transfers in $50,000 in External Transfers-in into a non-registered account and $40,000 into a registered before May 31, 2027. The client then transfers out $30,000 from the registered account and $20,000 from the non-registered account during the term of the second holding period, between April 2, 2028, and February 28, 2029. The client maintains the minimum Qualifying Funded Amount between November 3, 2026, and February 28, 2029.

Example 5:

Client opens new accounts and enrolls in the offer before April 1, 2027, and transfers in $100,000 in External Transfers-in into a non-registered account and $40,000 into a registered account before May 31, 2027. The client then transfers out $45,000 from the registered account and $10,000 from the non-registered account during the term of the first holding period, between June 1, 2027, and March 31, 2028, Therefore, the client does not maintain the minimum Qualifying Funded Amount in their registered account between November 3, 2026, and February 28, 2029, and does not receive anything from the 3% cash back on their registered account.

How to Qualify for the 1% cash offer

If you

(i) open and enrol in this offer with one or more new or existing Scotia iTRADE account(s) (each, “Account”) by April 1, 2027 and fund the new account(s) or existing account(s) by May 31, 2027 with at least the equivalent of CAD $5,000 with net new value in cash or/and assets (cheque deposit, electronic funds transfer or transfer of assets)  (“Qualifying Funded Amount”) from an account that is held outside of Scotia iTRADE but within the Scotiabank Group of Companies, as defined below (the “Scotiabank Transfers-in”)  and

(ii) then maintain the Qualifying Funded Amount in assets that you deposited in your new account(s) or existing account(s) (subject to the Qualifying Funded Amount calculation condition) during the entire period between November 3, 2026 , and February 28, 2029, then an amount equal to 1% of the Qualifying Funded Amount (subject to the Qualifying Funded Amount calculation condition) will be deposited directly into your applicable account paid in two installments of 40% and 60%, by April 28, 2028 and by March 30, 2029, respectively (up to a maximum of CAD $6,000).

“Scotiabank Group of Companies” means The Bank of Nova Scotia and all of its subsidiaries and affiliates (including, but not limited to, Scotiatrust®, ScotiaMcLeod®, Private Investment Counsel, 1832 Asset Management L.P., MD Financial Management, Jarislowsky, Fraser Limited and Tangerine).

The cash reward will be deposited into your non-registered account, and if you don’t have non-registered accounts then into your registered account.

The total cash incentives a client may receive under this offer and the External Transfers-in Offer will not exceed $15,000 CAD.

Qualifying Funded Amount calculation condition for this 1% cash back offer (unless this offer is combined with the External Transfers-in Offer, in which case the Combined Qualifying Funded Amount calculation condition will apply, as described below): Qualification will be based on the combined net new assets in all eligible accounts held by a client that were transferred in Scotiabank Transfers-in. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between November 3, 2026, and February 28, 2029 (“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Funded Amount for the purposes of determining your entitlement for the specific amount of cash reward.

Example:

Client deposits $100,000 in Scotiabank Transfers-in between November 3, 2026, and May 31, 2027. The client then withdraws $40,000 during the term of the first Holding Period (November 3, 2026, to March 31, 2028) from their Scotia iTRADE account(s). The client does not withdraw anything during the term of the second Holding Period (April 1, 2028, to February 28, 2029).

Combined Qualifying Funded Amount calculation condition for the combined cash incentives under this offer and the External Transfers-in Offer: 

a. Qualification will be based on the combined net new assets in all eligible accounts held by a client transferred in from accounts held outside of Scotia iTRADE. If you withdraw or transfer out assets from any of your Scotia iTRADE accounts at any time during the period between November 3, 2026, and February 28, 2029 (“Qualifying Period”), the amounts of such assets will be subtracted from the value of your Qualifying Funded Amount for the purposes of determining your entitlement for the specific amount of cash reward.  

Example: 

Client transfers in $50,000 in External Transfers-in, $30,000 into a registered account and $20,000 into a non-registered account during the period between November 3, 2026, and May 31, 2027. The client also transfers in $20,000 in Scotiabank Transfers-in into their iTRADE account(s) (registered and/or non-registered) during the same period. The client maintains the minimum Qualifying Funded Amount in all accounts between November 3, 2026, and February 28, 2029. The client does not withdraw anything during the term of the first Holding Period (November 3, 2026, to March 31, 2028) which does not impact the 40% payout. The client does not withdraw anything during the term of the second Holding Period (April 1, 2028, to February 28, 2029) which does not impact the 60% payout.

b. The combined amounts transferred out during the Qualifying Period to any accounts held outside of Scotia iTRADE but within the Scotiabank Group of Companies ("Scotiabank Transfers-out") will be subtracted from the combined net new assets of Scotiabank Transfers-in for the purposes of calculating the Qualifying Funded Amount. 

Example:

Client transfers in $50,000 in External Transfers-in into a registered account, and $20,000 in Scotiabank Transfers-in into their iTRADE account(s) (registered and/or non-registered) between the period November 3, 2026, and May 31, 2027.The client does not withdraw anything during the term of the first Holding Period (November 3, 2026, to March 31, 2028) which does not impact the 40% payout. The client then transfers out $10,000 in Scotiabank Transfers-out during the term of the second Holding Period (April 1, 2028, to February 28, 2029) which impacts the 60% payout. The client maintains minimum Qualifying Funded Amount in all accounts between November 3, 2026, and February 28, 2029.

c. The combined amounts transferred out during the Qualifying Period to any accounts held with any financial institutions outside of the Scotiabank Group of Companies ("External Transfers-out”) will be subtracted from the combined net new assets of External Transfers-in for the purposes of calculating the Qualifying Funded Amount. 

Example:

Client transfers in $50,000 in External Transfers-in into a registered account and $20,000 in Scotiabank Transfers-in into their iTRADE account(s) (registered and/or non-registered) between the period November 3, 2026, and May 31, 2027. The client then transfers out $10,000 in External Transfers-out during the term of the first Holding Period (November 3, 2026, to March 31, 2028) from their registered account which impacts the 40% payout. The client does not withdraw anything during the term of the second Holding Period (April 1, 2028, to February 28, 2029) which does not impact the 60% payout. The client maintains the minimum Qualifying Funded Amount in all accounts between November 3, 2026, and February 28, 2029.

d. If the combined amount of External Transfers-out is greater than the combined amount of External Transfers-in, then the difference will be subtracted from the combined amount of Scotiabank Transfers-in for the purposes of calculating the Qualifying Funded Amount.

Example:

Client transfers in $50,000 in External Transfers-in into a registered account and $20,000 in Scotiabank Transfers-in into their iTRADE account(s) (registered and/or non-registered) between the period November 3, 2026, and May 31, 2027. The client then transfers out $60,000 in External Transfers-out during the term of the first Holding Period (November 3, 2026, to March 31, 2028) from their registered account which impacts the 40% payout. Since the combined amount of External Transfers-out is greater than the combined amount of External Transfers-in, the difference is subtracted from the combined amount of Scotiabank Transfers-in. The client does not withdraw anything during the term of the second Holding Period (April 1, 2028, to February 28, 2029) which does not impact the 60% payout. The client maintains the minimum Qualifying Funded Amount in Scotiabank Transfers-in between November 3, 2026, and February 28, 2029, but not in External Transfers-in.

e. If the combined amount of Scotiabank Transfers-out is greater than the combined amount of Scotiabank Transfers-in, then the difference will be subtracted from the combined amount of External Transfers-in for the purposes of calculating the Qualifying Funded Amount.  

Example:

Client transfers in $50,000 in External Transfers-in into a registered account and $20,000 in Scotiabank Transfers-in into their iTRADE account(s) (registered and/or non-registered) between the period November 3, 2026, and May 31, 2027. The client then transfers out $30,000 in Scotiabank Transfers-out during the term of the first Holding Period (November 3, 2026, to March 31, 2028) which impacts the 40% payout. Since the combined amount of Scotiabank Transfers-out is greater than the combined amount of Scotiabank Transfers-in, the difference is subtracted from the combined amount of External Transfers-in. The client does not withdraw anything during the term of the second Holding Period (April 1, 2028, to February 28, 2029) which does not impact the 60% payout. The client maintains the minimum Qualifying Funded Amount in External Transfers-in between November 3, 2026, and February 28, 2029, but not in Scotiabank Transfers-in.

f. If it is unclear whether the transfer out is a Scotiabank Transfers-out or an External Transfers-out (“Neutral Transfers-out"), the amount of such Neutral Transfers-out will first be subtracted from the amount of combined Scotiabank Transfers-in, and if the amount of such Neutral Transfers-out is greater than the amount of combined Scotiabank Transfers-in, the difference will be subtracted from the amount of combined External Transfers-in for the purposes of calculating the Qualifying Funded Amount.

General Terms and Conditions