Primary Savings Account


  • Grow your savings faster by earning a competitive rate of interest on balances over $5,000

  • Earn 1.0% bonus savings interest if you save regularly with the Scotiabank Savings Rewards Plan (SSRP)

  • Enjoy free, unlimited electronic transfers between your Scotiabank accounts

  • Reach your savings goals even fasterwhen you separate your everyday banking from your savings

  • Find a local branch

    Earn a competitive rate of interest on your savings. Interest is calculated on the minimum monthly balance and paid semi-annually. The minimum required balance to earn interest is $5,000.

  • Unlimited electronic transfers between Scotiabank accounts*

  • You are eligible to receive a 1.0% SSRP interest rate bonus on your ASP contributions at 12 months when you save regularly through an Automatic Savings Plan

  • No charge for Scotiabank ATM or in-branch deposits

  • Printed statements for your records

  • Additional Information

    Savings Calculator

    Use our Scotiabank Savings Calculator to see how saving on a regular basis can help you achieve your short and long-term financial goals. 
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