Offers
FlyerFunds Cash Back Rebate
If you apply for the Scotiabank Ultimate Package account and are approved, you can receive $150 in FlyerFunds.
Welcome Bonus
Customers who open a new Scotiabank Ultimate Package account can earn up to $600:
- 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 and clear one eligible automated recurring direct deposit, such as payroll or pension, that recurs for 6 months in a row.
- Set up and clear two eligible separate recurring pre-authorized transactions worth $50 or more, that recur for 6 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 up to $250: After earning the $350 bonus, between August 1, 2024 and October 31, 2024 and within 60 days of opening your new Package account, open a new RRSP, TFSA, or FHSA. Within 60 days of opening the registered account, complete the following activities in your Registered Account:
- Earn $50: Set up and clear a recurring pre-authorized contribution(s) of at least $100 total per month from any Scotia personal bank account, recurring for 6 months.
- Earn $200: Make a minimum deposit of $5,000 and maintain for 6 months in a row.
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 6.00% 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