Savings Builder

Right for you if:

  • You want to earn interest on your total balance

  • You make regular contributions

    Your Scotiabank Savings Builder offers you flexible access to your money and a competitive rate of interest1 on your savings.

  • Grow your savings faster
    with a competitive rate of interest1 on every dollar you save

  • Be in control of your service fees.
    There is no monthly fee and you get one free debit transaction2 each month. You only pay for the additional transactions you perform

  • Easy record keeping
    that lets you reconcile your account with printed statements

  • Fees and Terms

    1 free in-branch or ATM3 debit transaction

    $0

    No monthly fee

    $0

    No charge Scotiabank ATM or in-branch deposits

    $0

    By making regular contributions to your Savings Builder account, you can earn bonus interest1 in addition to your regular competitive interest rates, plus:

  • Low monthly fee applies if your balance falls below $ and one free debit2 transaction each month through any channel

  • No charge for Scotiabank ATM or in-branch deposits

  • Quarterly statements and returned cheques for your records

  • No minimum balance required to earn interest

  • One free debit transaction2 each month through any channel

  • Not sure if this is the right solution for you?

    View our Account Comparison Chart [PDF 754 KB]

    Additional Information

    How to apply


    Download the application form 


    Account Service Fees


    Personal Financial Services Agreement


    Terms and Conditions

    Reach your savings goals faster by splitting your transactional and savings needs with our:

  • Electronic Access Account Bank anytime, anywhere with unlimited electronic transactions1 via ATM, Internet, Telephone and Mobile Banking or make purchases using Debit Point of Sale.

  • Primary Savings Account Earn a competitive rate of interest1 on your savings, while maintaining ready access to your funds.

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    Ready to Apply?

    In Person

    Contact us for more information.

    Find a local branch