Take advantage of Scotiabank promotions, bonuses, and offers here!
Currently, the bank is offering $350 bonus when you sign up for a new checking checking account and meeting all the requirements.
About Scotiabank Promotions
A Canadian-headquartered bank with focus on high-quality growth markets in the Americas. They are a top-five universal bank in each of their core markets, and a top-15 wholesale bank in the U.S., delivering superior advice and services to help their customers get ahead.
Scotiabank $350 Chequing Bonus
Earn a $350 bonus when you open a new chequing account and meet the qualifying requirements.
- What you’ll get: $350 bonus
- Account Type: Chequing
- Availability: Canada (Locator)
- Direct Deposit Requirement: Yes (see what works)
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- ChexSystem: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: $16.95-$30.95; waivable
- Early Account Termination Fee: Not listed
- Household limit: None listed
(Expires 07/31/2023)
| BMO Smart Money Checking ($350 cash bonus) | BMO Smart Advantage Checking ($350 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| First Tech Rewards Checking ($300 bonus) | |
How To Earn Bonus
- To qualify for the $350 bonus, after you open an eligible Ultimate Package or Preferred Package account, you must next complete any 2 of the following activities within 60 days of opening your account:
- Make an eligible $50 bill payment through online or mobile banking.
- Set up and clear a minimum of 2 separate eligible recurring, pre-authorized transactions of least $50 in value per transaction. Each transaction must also recur for at least 3 consecutive months to qualify.
- Set up and clear at least one eligible automated and recurring direct deposit, such as payroll or pension. The direct deposit you set up must also recur for at least 3 consecutive months to qualify.
- The $350 cash bonus for Preferred Package or $350 cash bonus for Ultimate Package will be deposited to the Eligible Account within six (6) months from account open date provided all Offer conditions outlined above have been met.
- The Eligible Account must be open and in good standing until the time of payout of the cash bonus.
- The Eligible Account is not in “good standing” if: (i)it has a negative balance exceeding the authorized overdraft limit, or (ii)it has been in continuous overdraft for a period of three consecutive months.
- These Offers are non-transferable and may not be duplicated.
- Limit of one (1) Offer per customer, regardless of the number of Eligible Accounts opened.
- If more than one (1) Eligible Account is opened, only the first Eligible Account opened will be eligible for the Offer.
- For joint accounts, only one (1) cash bonus Offer will be applied to the primary account holder’s Eligible Account.
- All rates, fees, features and benefits are subject to change.
- Offers may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
How To Waive Monthly Fee
- Ultimate Package: $0 or $30.95/month. No monthly account fee by maintaining a minimum daily closing balance of $5,000 in your Ultimate Package, or a combined balance of $30,000 across your Ultimate Package and your MomentumPLUS Savings Account.
- Preferred Package: $0 or $16.95/month. No monthly account fee by maintaining a minimum daily closing balance of $4,000 for the entire month.
- Basic Plus Bank Account: $0* or $11.95/mth
* No monthly account fee by maintaining a minimum daily closing balance of $3,000 for the entire month
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Bottom Line
If you live near a Scotiabank location, you have the opportunity to earn generous bonuses. To earn these bonuses, simply open the eligible accounts and follow the procedures and the bonuses shall be granted!
Although you can earn a generous bonus from Scotiabank, check out our list of bank promotions for more offers. With fantastic offers such as Money Market and CD rates, you are able to get the most out of your banking experience!
Compare Scotiabank Promotions with other bank bonuses from banks like U.S. Bank, Citi, Huntington, HSBC, Chase, TD Bank, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, and more!
