1.8/5
Our Rating
Scotiabank Momentum Plus Savings Account
The longer you leave it, the more it earns. MomentumPLUS rewards patience. On top of your everyday interest rate, you can open a Premium Period of 90 to 360 days — and the longer you let your money sit untouched, the higher the bonus rate you earn. Pair it with a Preferred or Ultimate Package to boost your rate even further. No monthly fees, no minimum balance.
Scotiabank Momentum Plus Savings Account
1.8/5
Our Rating
The longer you leave it, the more it earns. MomentumPLUS rewards patience. On top of your everyday interest rate, you can open a Premium Period of 90 to 360 days — and the longer you let your money sit untouched, the higher the bonus rate you earn. Pair it with a Preferred or Ultimate Package to boost your rate even further. No monthly fees, no minimum balance.
Account Details
Offer Headline
N/A
Monthly Fee
$0
Our Rating
1.8/5
Account Type
Savings
Account Category
Personal
Institution
Scotiabank
Offer Details
No offers available
Interest Rates
Regular Interest Rate
0.4%
90-Day Premium Period
0.45%
180-Day Premium Period
0.5%
270-Day Premium Period
0.55%
360-Day Premium Period
0.7%
Account Fees
Account Fees
Monthly Fee
$0
eStatement
Included
Our Detailed Review
Effective October 22, 2026
The longer you save, the more interest you can earn | Regular Interest Rate* | Premium Period Interest Rate ††| Total Annual Interest Rate |
|---|---|---|---|
MomentumPLUS | 0.400% | N/A | 0.400% |
90-Day Premium Period | 0.400% | 0.050% | 0.450% |
180-Day Premium Period | 0.400% | 0.100% | 0.500% |
270-Day Premium Period | 0.400% | 0.150% | 0.550% |
360-Day Premium Period | 0.400% | 0.300% | 0.700% |
Legal
*The interest rate paid depends on the total daily closing balance. Interest rate is applied to the entire balance, calculated daily, and paid monthly. Regular interest is stated as an annual rate.
††A maximum of five Premium Periods at any one time, each of which can have a length of 90 days, 180 days, 270 days, or 360 days. For each Premium Period, Premium Interest is calculated daily by applying the Premium Interest Rate to each deposit, including any accumulated Regular Interest, until the end of the Premium Period. Premium Interest is paid at the end of each Premium Period, so long as NO DEBIT TRANSACTION HAS OCCURRED within that Premium Period. When a debit transaction occurs, no Premium Interest is payable for that Premium Period and a new Premium Period of the same length will commence the same day. Refer to Current Rates Page for current Regular Interest Rates, which are subject to change.
See Account Provider's website for complete account details, terms, and current offers. Reasonable efforts are made to maintain accuracy of information.