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:
Features
- Available to add on to any non-registered or registered plan
- The higher your balance, the higher your interest rate
- Unlimited no-fee self-service transfer to your other Scotiabank accounts
- No monthly fees
- Save automatically with pre-authorized contributions
- Free quarterly personal portfolio statements
Right for you if you:
- Want to have a higher interest rate for a larger balance
- Want to set up pre-authorized contributions easily
- Want free unlimited transfers between Scotiabank accounts via self-service
May not be right for you if you:
- Want to use for everyday banking such as purchases, ABM transactions and payroll deposits
Other relevant Scotiabank Topics