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3.2/5
Our Rating
Scotiabank Basic Bank Account
Just the essentials. Just $3.95 a month. The Basic Bank Account is Scotiabank's most affordable option — a straightforward account for those who don't need a lot of transactions each month. At $3.95 flat, it's predictable, low-cost banking with no minimum balance required, and free for qualifying seniors, RDSP beneficiaries, and those receiving social assistance.
Scotiabank Basic Bank Account
3.2/5
Our Rating
Just the essentials. Just $3.95 a month. The Basic Bank Account is Scotiabank's most affordable option — a straightforward account for those who don't need a lot of transactions each month. At $3.95 flat, it's predictable, low-cost banking with no minimum balance required, and free for qualifying seniors, RDSP beneficiaries, and those receiving social assistance.
On this page
Account Details
Offer Headline
N/A
Monthly Fee
$3.95
Our Rating
3.2/5
Account Type
Chequing
Account Category
Personal
Institution
Scotiabank
Fees
Account Fees
Monthly Fee
$3.95
eStatement
Included
Transactions
Included Transactions / Month
18 free
Fee After Limit
$1.25 each
Interac e-Transfers
Unlimited free
ATM Fees
Own Network
$0
Other Canadian ATMs
$1.5
USA
$3
International
$5
International & Currency
Foreign Currency Conversion
2.5%
Other Fees
NSF (Non-sufficient Funds)
$45
Overdraft Interest
21% annually (if used)
Bank Draft
$9.5