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Primary Savings Account
A savings account designed to support your healthy financial habits.
Is this Savings Account right for you?
Right for you if you:
- Don't want to pay a monthly account fee*
- Can maintain a daily balance $5,000 and above
- Want to earn interest on the money you save, but also want convenient and easy access to your money, whenever you need it
- Want free, unlimited deposits and self-service transfers between Scotia accounts
- Are interested in enrolling in the Scotiabank Savings Reward Plan2
May not be right for you if you:
- Need an account for everyday banking transactions
- Want to earn higher interest the longer you save
Top reasons to choose this account.
Account benefits
- No monthly account fee if your daily balance remains above $5,000
- Unlimited deposits to your account
- Unlimited self-service transfers between accounts using the Scotia Caribbean App and Scotia OnLine Banking
Grow your money
- Earn interest on your monthly balance
- Eligible for enrollment in the Scotiabank Savings Reward Plan2
Scotia perks
- Monthly electronic statements
1
A per transaction fee will apply for branch/ cheque transactions (if allowance is exceeded). Transactions that can be completed via our alternate channels (Scotia Caribbean App, Scotia OnLine Banking & Scotia ATMs) will not be considered as "free" and will incur a fee, when completed in branch.
2
Normal lending criteria / terms and conditions apply.
*
No monthly account fee by maintaining a minimum daily closing balance of $5,000.
Tools and advice.
Choose an account that's right for you.
Compare our chequing and savings accounts.