Automatic Savings Plan (ASP)

Right for you if:

  • You want to start saving through regular, pre-authorised payments

  • You want to make regular contributions to your savings

    Putting a set amount of your income aside every month, often called ‘paying yourself first’, is one of the most effective ways to save, so we've designed an account to make this easier for you, and reward your saving habits.

    Scotiabank's Automatic Savings Plan (ASP) makes saving automatic at set time intervals, so you don’t have to even think about it.

  • Transfer a set amount to your savings account on a regular basis

  • Customise when you’d like to make payments and how much you'd like put aside

  • Fees



    Make payments 


    Save up to $19,000 in

    3 years with monthly payments of $500

    You might also need...

    Scotiabank Switch Kit

    Ready to switch to Scotiabank? Our Scotiabank Switch Kit gives you all the tools you need to transfer your existing accounts quickly and easily.

    Read More

    Still have questions?

    We’ve got answers. Check out our answers to common questions about banking with Scotiabank.

    Read More

    Download the application form.

    Ready to Apply?

    In Person

    Contact us for more information.

    Find a Local Branch