Additional promotion
Save automatically with pre-authorized contributions and receive free quarterly personal portfolio statements.
Savings Account
CAD
CDIC Insured
Scotiabank
Savings Accelerator Account
Earn a competitive interest rate on your money as it grows, with no monthly account fee. Available to add on to any non-registered or registered plan.
Rate up to
0%
Monthly fee
No monthly fee
Transactions
Not listed
Minimum deposit
$0
CURRENT OFFERS
Promotions and account value
EARNINGS
Rates and interest details
A specific interest rate is not currently listed for this product.
Balance-tier schedule
| Balance | Standard rate | Boosted rate | Condition |
|---|---|---|---|
| $0+ | 0% | — | Standard eligibility applies |
COSTS
Fees and account limits
Monthly feeNo monthly fee
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsNot listed
Bundled productNot specified
Detailed fee schedule
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Monthly Maintenance FeeNo monthly account fees. | - | Unlimited | - |
| Per-Transaction FeeUnlimited no-fee self-service transfers. A $5 service charge applies for any in-branch transaction. No ABM access. | - | Per Use | $5.00 |
ACCOUNT EXPERIENCE
Features and benefits
No Monthly Fees
No minimum balance
Online and Mobile Banking
Online and Mobile Banking
CDIC Insured
WHO CAN APPLY
Eligibility and access
Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified
CDIC Insured: This product is identified as eligible for CDIC deposit protection, subject to applicable limits and conditions.
COVERAGE
Registration, networks and availability
Registration options
- TFSATax-Free Savings Account
- RRSPRegistered Retirement Savings Plan
- NONREGNon-Registered
- RESPRegistered Education Savings Plan
IMPORTANT INFORMATION
Terms and disclosures
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with Scotiabank before opening the account.