Offer summary
Free trades with Scotia iTRADE, first year annual fee waiver (up to $150) on select credit cards, and earn Scene+ points.
Built in Canada
A no-monthly-fee bank account option for students and youth under 23, featuring unlimited transactions and Scene+ rewards.
Free trades with Scotia iTRADE, first year annual fee waiver (up to $150) on select credit cards, and earn Scene+ points.
Kickstart your finances with a $175 welcome bonus.
Earn an additional 0.05% interest on your MomentumPLUS Savings Account. No monthly account fee on a Scotia U.S. Dollar Daily Interest Account.
A specific interest rate is not currently listed for this product.
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Monthly Maintenance FeeNo monthly account fee if under 23 years old, or enrolled full-time in a post-secondary institution in Canada or the U.S. | - | Unlimited | - |
| Interac e-Transfer FeeUnlimited free Interac e-Transfer transactions. | - | Per Use | - |
| Out-of-Network ATM FeeFee waived on one non-Scotiabank ABM withdrawal per month in Canada. | - | Per Use | - |
| Per-Transaction FeeUnlimited debit transactions. | - | Per Use | - |
Online and Mobile Banking
CDIC Insured: This product is identified as eligible for CDIC deposit protection, subject to applicable limits and conditions.
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with Scotiabank before opening the account.