The account is suited to lower transaction volumes. Audience-restricted fee arrangements do not change the normal monthly fee used for selection.
Scotiabank Basic Bank Account
Scotiabank's Basic Bank Account with a $3.95 normal monthly fee and 18 included transactions.
At a glance
- Monthly fee
- $3.95
- Monthly transactions
- 18
- Monthly Interac e-Transfers
- 18
- Interest
- See details
Overview
Features and access
Monthly fees and transactions
- Monthly fee
- $3.95The normal monthly fee is $3.95; restricted $0 arrangements are not general waivers.
- Monthly transactions
- 18Eighteen transactions are included monthly; additional transactions cost extra.
Transfers
- Monthly Interac e-Transfers
- 18Sending has no separate fee but consumes the shared 18-debit-transaction allowance; an additional-transaction charge can apply beyond it.
Card and payments
- Payment card
- YesScotiabank debit-card access is supported.
Cash and branch access
- Cash deposits
- Deposit-capable branch ABMsDeposit-capable Scotiabank branch ABMs accept physical cash without a hold. Offsite merchant ABMs are withdrawal-only and do not accept deposits.
- Cash withdrawals
- Scotiabank + supported ABMsCash withdrawals are available through Scotiabank, Interac, Visa, PLUS, and eligible Global ATM Alliance machines. Account, provider, operator, and foreign-currency fees and personalized limits can apply.
- Branch access
- YesBranch service is available.
Cheques and ownership
- Cheque writing
- YesPersonalized cheques are available for a fee.
- Cheque deposits
- YesMobile cheque deposit is included, and deposit-capable Scotiabank ABMs accept cheques.
- Joint account
- UnknownJoint-account support was not established by the reviewed material.
Interest
- Interest rate
- See detailsThe reviewed material does not establish an account interest rate.
Deposit protection
Eligible deposits are held directly at Scotiabank; a CDIC member; subject to CDIC limits and categories.