Offers
FlyerFunds
If you apply for the Scotiabank Preferred Package account and are approved, you can receive $50 in FlyerFunds.
Welcome Bonus
Customers who open a new Scotiabank Preferred Package account can earn up to $350:
- Earn $350: Open a Scotiabank Preferred Package account, make a deposit, and complete 2 of the 3 requirements listed below within two months of account opening:
- Set up one eligible automated recurring direct deposit, such as payroll or pension, that recurs for 3 months in a row.
- Set up 2 eligible separate recurring pre-authorized transactions worth $50 or more, that recur for 3 months in a row.
- Make one eligible bill payment of at least $50 (like a car payment or a cable bill payment) with online or mobile banking.
Account Features
The Scotiabank Preferred Package account offers unlimited debit and unlimited Interac e-Transfer transactions.
Account holders are eligible to receive free withdrawals at Scotiabank ATMs and up to one free withdrawal at a non-Scotiabank ATM in Canada per month.
Preferred Package account holders who also hold an eligible Scotiabank personal credit card (including the Scotiabank Gold American Express card, Scotiabank Passport Visa Infinite card, Scotiabank Momentum Visa Infinite card, and the Scotiabank Value Visa card) are eligible to receive a full annual fee rebate each calendar year (up to $150). This annual fee rebate will occur once, even if you hold multiple eligible Scotiabank credit cards.
Fees
Monthly Fees
The Scotiabank Preferred Package account has a monthly fee of $16.95, which is waived if you hold a minimum balance of $4,000 in your Scotiabank bank account at all times.