Offers
FlyerFunds Cash Back Rebate
If you apply for the Scotiabank Ultimate Package account and are approved, you can receive $100 in FlyerFunds.
Welcome Bonus
Customers who open a new Scotiabank Ultimate Package account and a registered account can earn up to $500:
- Earn $400: Open a Scotiabank Ultimate Package account, make a deposit, and complete 2 of the 3 requirements listed below within 60 days of account opening:
- Set up and receive one eligible automated recurring direct deposit (like a payroll or pension) for 6 months.
- Set up and make two eligible pre-authorized transactions for things like your mortgage, insurance or rent. They must be separate, over $50 each, and must each recur for 6 months.
- Make one eligible bill payment (like a phone or utility bill) of at least $50 with online or mobile banking
- Earn $100:
- Meet all conditions of the $400 offer
- Open an eligible registered account (RRSP, TFSA, FHSA) within 60 days of opening your new chequing account within the offer period
- Then within 60 days of opening your new registered account, contribute or transfer-in $5,000 and keep that amount in the registered account for 3 consecutive months
See Terms & Conditions on Scotiabank’s website for full details.
Account Features
The Scotiabank Ultimate Package account offers unlimited debit transactions, unlimited Interac e-Transfer transactions, and unlimited no-fee Scotia international money transfers.
Account holders are eligible to receive free withdrawals at Scotiabank ATMs in addition to non-Scotiabank ATMs worldwide.
Ultimate Package account holders can also receive up to 5.00% interest on their MomentumPLUS Savings Account.
Ultimate 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.
Account holders will also receive a complimentary free small safety deposit box (worth $60).
Fees
Monthly Fees
The Scotiabank Ultimate Package account has a monthly fee of $30.95, which is waived if you meet one of two requirements:
- Hold a minimum balance of $6,000 in your Scotiabank Ultimate Package bank account at all times
- Hold a combined balance of $30,000 between your Ultimate Package account and MomentumPLUS Savings account