Scotiabank Ultimate Package

Offers

Welcome Bonus

Customers who open a new Scotiabank Ultimate Package account and a registered account can earn up to $700:

• Earn $500: 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 a minimum of one eligible recurring pre-authorized transaction with a value of at least $50, which will recur monthly for a minimum of six consecutive 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 $500 offer
  • Open an eligible registered account (RRSP, TFSA, FHSA) within 60 days of opening your new chequing account within the offer period

• Earn $100:
  • Meet all conditions of the $500 offer
  • Open a new Money Master Savings Account within 60 days of opening your new chequing account within the offer period
  • Then set up either the “Pay Yourself First” or “Savings Finders Tool” and stay enrolled for at least 90 days in a row

See Terms & Conditions on Scotiabank’s website for full details.

FlyerFunds Rebate

Plus, if you apply for the Scotiabank Ultimate Package through Frugal Flyer and are approved, you can receive an additional $100 paid directly to you.

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 4.75% 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 minimum daily closing Total Relationship Balance of $100,000 or more for the entire month in your Eligible Accounts (excluding iTRADE accounts; see terms & conditions for full list of exclusions and conditions).

Awards

As part of Frugal Flyer’s 2026 Best Bank Account Awards, we selected the Scotiabank Ultimate Package as the Best Premium Chequing Account.

Legal

*Conditions apply. See Account Provider’s website for complete account details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.