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A no-monthly-fee chequing account for eligible students and customers under 25, offering unlimited debit and Interac e-Transfer transactions, Scene+ rewards and additional student banking benefits.
Designed for students and younger customers who want full-service everyday banking without a monthly fee, this package combines unlimited debit and Interac e-Transfer transactions with a $200 cash welcome offer, Scene+ rewards, eligible commission-free Scotia iTRADE trades and useful linked-account benefits. It offers particularly strong value for customers who already use Scotia's rewards, investing or credit-card ecosystem. The main trade-off is that eligibility is tied to age or full-time student status, and several additional benefits have spending, account or qualification requirements.
A specific interest rate is not currently listed for this product.
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Monthly Maintenance FeeNo monthly account fee while the account holder is under 25 or remains an eligible full-time post-secondary student in Canada or the U.S. When eligibility ends, the account converts to a regular Preferred Package and its monthly fee applies. | - | Unlimited | - |
| Interac e-Transfer FeeUnlimited Interac e-Transfer transactions are included. | - | Per Use | - |
| Out-of-Network ATM FeeScotiabank’s fee is waived on one non-Scotiabank Interac ABM withdrawal per month in Canada. Subsequent non-Scotiabank Interac ABM withdrawals cost $2 each. Visa/PLUS withdrawals cost $3 in Canada or the U.S. and $5 outside Canada and the U.S. Third-party operator surcharges may also apply. | - | Per Use | - |
| Per-Transaction FeeUnlimited debit transactions are included. Other banking service fees may still apply. | - | Per Use | - |
Online and Mobile Banking
Earn points, cash back or other rewards on eligible purchases made with the account’s debit card.
Receive a rebate toward the annual fee of an eligible linked credit card when applicable requirements are met.
Receive a specified number of eligible commission-free trades or commission rebates through an affiliated investing platform.
Receive discounts, rewards or other value on eligible fuel purchases at participating locations.
Residency requirements: Eligible if under 25 and living in Canada, or if enrolled full-time in an eligible post-secondary institution in Canada or the U.S. Customers 25 or older must provide valid proof of enrolment.
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.
Product information last reviewed or updated Sep 10, 2026.
