How does the welcome promotional interest rate offer for the Scotia High Interest Savings Account work?

You’re eligible for the welcome promotional interest rate offer if:

  • You’re opening your first Scotia High Interest Savings Account
  • You don’t currently have or haven’t had a Scotia High Interest Savings Account or MomentumPLUS Savings Account within the last two years

If you’re eligible, the welcome promotional interest rate offer will automatically be applied to your Scotia High Interest Savings Account.

You’ll start earning the promotional interest rate on the first day that you open your account, whether or not you’ve put funds into it.

For more information, please review the Welcome Promotional Offer Terms and Conditions.

Last updated March 16, 2026