FlyerFunds Cash Back Rebate
If you apply for the Scotiabank Ultimate Package account and are approved, you can receive $50 in FlyerFunds.
Customers who open a new Scotiabank Ultimate Package account can earn up to $400:
- Earn $350: Open a Scotiabank Ultimate 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.
- Earn $50: Within 60 days of opening the eligible checking account and qualifying for the offer, open a new eligible registered account, and complete any 1 of the following requirements listed below within two months of account opening:
- Set up and clear a recurring pre-authorized contribution (PAC) from any Scotiabank personal bank account of at least $50 total per month into your new Eligible Registered Account, which must recur monthly for a minimum of six (6) consecutive months.
- Contribute or transfer in a minimum qualifying Investment amount of $3,000 into your new Eligible Registered Account and maintain that minimum qualifying investment amount for a minimum of six (6) consecutive months.
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 5.65% 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).
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 $5,000 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