Savings Accelerator Account
Savings Accelerator Account
Account Details
Account Type:
Bank/Credit Union Name:
Scotiabank
Key Infos
Annual Interest Rate
(0.350% for balances $0 - $249,999) / (0.400% for balances $250,000 or more)
Promotional Interest Rate
1.30% interest in your RRSP or TFSA
Minimum Balance
0
Monthly Fees
0
Own ATM
NO ATM transaction fee
External ATM
$3.00 (within US and Canada) / $5.00 (outside US and Canada)
Foreign ATM Fee
$3.00 (within US and Canada) / $5.00 (outside US and Canada)
Scotiabank's Savings Accelerator account offers competitive interest with no monthly fee. The Accelerator account offers the following annual interest rates:
Savings Accelerator Account - Non-Registered Plans (Effective April 26, 2022)
| Highest rate will be paid on the entire balance as it increases. | Annual Interest Rate* |
|---|---|
| $250,000 or more | 0.400% |
| $0 - $249,999 | 0.350% |
Savings Accelerator Account - Tax-Free Savings Account (Effective April 26, 2022)
| Highest rate will be paid on the entire balance as it increases. | Annual Interest Rate* |
|---|---|
| $250,000 or more | 0.250% |
| $0 - $249,999 | 0.200% |
Savings Accelerator Account - Registered Plans (excluding TFSA) (Effective April 26, 2022)
| Highest rate will be paid on the entire balance as it increases. | Annual Interest Rate* |
|---|---|
| $250,000 or more | 0.250% |
| $0 - $249,999 | 0.200% |
Other relevant Scotiabank Topics