No More Monthly
Based on your feedback, Scotiabank has changed the way we charge fees to make it easier to understand and manage charges to your account.
Effective August 1, 2020, we will eliminate all Monthly Account Fees plus we are introducing real-time billing. That means any transaction fees incurred will be applied at the time the transaction is conducted instead of a lump sum charge at the end of the month.
We are not introducing any new fees, we are charging fees in real-time so they are easier to understand and track and also removing your recurring Monthly Account Fee.
All online transactions remain free. For details on all other transaction fees, please visit our Rates & Fees page.