Monthly Fee
$0
Promo Rate
4.95%
3 months
Regular Rate
0.4%
1st Year Value
—
Pros & Cons
Pros
- +No monthly fee
- +Promotional rate of 4.95%
Cons
- –Limited transactions
- –Low regular interest rate
Current Promotion
The special offer on the MomentumPLUS Savings Account allows you to grow your money with an interest rate of up to 4.95% for 3 months.
The main features of this account:
- No monthly fees
- No minimum balance required
- Automatic Savings Plan
- Unlimited transfers between accounts
- Virtual check deposit
Account Features
- E-StatementNot included
- Unlimited TransactionsNot included
- Unlimited Interac e-TransfersNot included
Special Offer
Get a 4.65% interest rate* for 3 months
Terms and conditions
- Earn an interest rate of 4.95%* when you pair a Scotiabank Ultimate Package with a MomentumPLUS Savings Account, for 3 months with a 90 day premium period.
- No monthly account fees
- No minimum balance required
- Unlimited self-service transfers
- Save for multiple goals in a single account
- The longer you save, the higher the rate
- Set up an automatic savings plan
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.