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CANADIAN BANKING FIELD NOTES

Scotiabank

The Bank of Nova Scotia is listed by CDIC under the Scotiabank trade name. The Preferred Package example below has its own dated terms.

Institution contextDated account factsClear comparisons
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Directory record

The identity behind the name.

The Bank of Nova Scotia is listed by CDIC under the Scotiabank trade name. The Preferred Package example below has its own dated terms. Keep a regular fee, a temporary promotion and a qualifying-balance waiver separate when working out the amount you would actually pay.

Institution-status research checked 2026-10-29. This does not refresh product fees, ratings or eligibility.

TERMS, WITH A DATE

Account facts you can inspect.

DATED ISSUER FACTS

Preferred Package

Checked 2026-10-26 · selected fields only

Monthly package fee$16.95
12 monthly package fees$203.40

This repeats the recorded monthly package fee twelve times at a constant price. It is an arithmetic illustration, not a forecast of your next twelve bills. Future price changes, waivers, introductory pricing and additional charges are not modelled. It is not your total annual account cost.

Twelve repetitions of the recorded package fee.
Fee 1Fee 12$203.40
See all twelve package-fee rows
CAD · stated package fee held constant, before rebates and additional services
Fee numberPackage feePackage fees so far
1$16.95$16.95
2$16.95$33.90
3$16.95$50.85
4$16.95$67.80
5$16.95$84.75
6$16.95$101.70
7$16.95$118.65
8$16.95$135.60
9$16.95$152.55
10$16.95$169.50
11$16.95$186.45
12$16.95$203.40
Monthly-fee waiver balance
$4,000.00
Balance timing
minimum daily closing entire month
Included transactions
Unlimited under the reviewed terms
Included e-Transfers
Unlimited under the reviewed terms
Other-network ATM fee charged by issuer
Not reviewed
Foreign-exchange markup
Not reviewed
Conditions and what is still unknown
  • Standard pricing is before seniors' discounts, mortgage-related waivers or limited-duration offers.
  • The cash-balance waiver requires at least $4,000 in the account every day of the entire month.
  • Unlimited is a transaction-count benefit; transfer-dollar limits and other service conditions remain. The issuer publishes an online account application link; no application was submitted.
Read the issuer’s full terms

Keep the earlier context in view.

These earlier descriptions and product names are preserved for continuity. They do not establish current services, offers or eligibility.

Earlier institution description

Canada's most international bank with operations in over 50 countries.

0 earlier product names

No product names were supplied in this earlier public record. That is not evidence that the provider has no products.

Earlier amounts, app ratings, welcome offers and application links are not treated as reviewed current terms.

CHECK THE DETAIL

Sources for this record.

Open CDIC’s institution lookup

CDIC’s list covers member institutions and trade names. Provincial credit unions and other provider categories require the appropriate separate checks. Membership alone does not establish coverage for every product.

What would the account cost you?

Start with the package fee you would actually pay. Add extra transactions and cash access. Check introductory expiry and the exact daily-balance waiver test. Include a transition month if you are moving accounts.

Questions before your next step.

Does appearing here mean MITEY recommends this provider?

No. A directory entry and a dated fee record do not assess suitability, financial strength, customer service, approval likelihood or all of your costs. You decide which questions and sources matter to your situation.

What should I check if the institution changed names?

Identify the legal provider on your own agreement or statement. Read its official transition instructions before changing a login, payment instruction or account. Legal amalgamation, product migration and a brand change can happen on different dates.

Does a listed brand have its own deposit-insurance limit?

Do not assume so. Check the legal deposit-taker, eligible product, ownership category and current insurance rules. Several brands can belong to one institution; a fintech arrangement can involve a separate bank or trust company.

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ONE STEP AT A TIME

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