Desjardins Group vs Bank of Nova Scotia (Scotiabank)

• Monthly fee of $15.95 (waived with a $4,000 minimum balance)
• No ATM fees with the AccuLink® network
• Eligible for member dividends³
• Unlimited transactions through AccèsD, an ATM ² or teller
• $1.50 cost for Interac^® e-Transfers 

• Monthly fee of $23.95 (waived with a $5,000 minimum balance)
• No cost for ATM transactions in the AccuLink® network
• Member dividend³ eligibility
• No limit on transactions through AccèsD, ATM ², cheque, or teller
• No charge for Interac^® e-Transfers

• You are eligible for the Preferred Package for Students and Youth (chequing account) if you are under 25 years of age or are enrolled full-time in a university, community college, or another recognized post-secondary institution in Canada or the United States. You will be required to confirm your student status by providing proof of enrollment.
• No monthly account fee*, unlimited debit and Interac e-transfer transactions
• Earn points on everyday purchases with the Scene+™ program
• Free trades for students and youth with Scotia iTRADE
• Rates, fees and other information are effective as of July 2, 2026. Subject to change.

• Up to $2,300 in first year value¹ when banking with Scotiabank, including up to $580 in value with the StartRight^® Program².
• Waive the monthly account fee for the first year⁵ when you open a Preferred Package chequing account.
• 24/7 banking through the Scotia app, phone, or chatbot, plus over 900 branches across Canada offering help in more than 50 languages.
• Collect rewards on everyday purchases with a Scene+ credit or debit card⁶ and get rewarded with travel, groceries, and more.
• Leverage your credit history from home to apply for a higher credit limit on your Scotia credit card³ with Nova Credit⁴.

How to Qualify for StartRight^®

Qualifications

• Canadian permanent resident for five years or less
• International student
• Foreign worker

Required Documentation

Gather these documents prior to applying:

Permanent Resident

• Resident card or Confirmation of Permanent Residence
• Foreign passport or Canadian government-issued photo ID, like your driver's license

Foreign Worker

• Work permit
• Foreign passport or Canadian government-issued photo ID, like your driver's license
• If applying for a credit card, you'll also need a letter from your Canadian employer confirming your annual income

International Student

• Study Permit (IMM 1442) or Temporary Resident Visa (TRV)
• One additional piece of government photo ID such as your passport or Canadian driver’s licence
• Proof of enrollment from your Canadian Educational Institution such as your Student ID card or your course timetable