Pros & Cons
Pros
- +No monthly fee
- +Promotional rate of 2.95%
Cons
- –Limited transactions
Current Promotion
Scotiabank’s Right Size Savings for business account maximizes the return on surplus cash.
Take advantage of a promotional rate of up to 2.95% for 4 months* when you open a new account. The higher your balance, the higher your interest rate. A minimum balance of $10,000 must be maintained to receive interest.
Main account features :
- Flexible access to your funds at all times
- No monthly fees
- Unlimited free transfers
- Interest rate increases with balance
- CDIC deposit insurance
Account Features
- E-StatementNot included
- Unlimited TransactionsNot included
- Unlimited Interac e-TransfersNot included
Special Offer
Terms and conditions
Earn up to 2.95% interest for 4 months when you open a new account. Grow your savings with our simple and convenient savings account :
- No monthly account maintenance fees
- Unlimited FREE Canadian Dollar self-service transfers
- Earn a higher interest rate as your balance grows
- Bank quickly and conveniently online
- Withdraw funds anytime
Related Accounts
*Conditions apply.
Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 Scotiabank. All trademarks are property of their respective owners.