Scotiabank Basic Bank Account
$50
Scotiabank Basic Bank Account
Bank Account · Apply through Finly
Cash back
$50
Finly rebate
Get $50 rebate on an approved Scotiabank Basic Bank Account
Apply through Finly and get approved for the Scotiabank Basic Bank Account to earn our Finly rebate — sent to your bank via Interac e-Transfer once your application is approved. Terms and conditions apply.**
Paid via INTERAC e-Transfer
Secure & private
$1.9M paid out to Canadians
Read before you apply
Rebate eligibility & offer terms
These rules determine whether you qualify for the Finly rebate on this offer. Skim them before clicking apply.
* / ** Terms and conditions apply.
- Your approval is subject to being verified by the bank and can take up to 60 days depending on the bank's processing timeframe.
- You must be a new account holder.
- You must complete Scotiabank's personal verification (whether online or in-branch) and activate your account.
- You can only be approved for 1 Scotiabank chequing product rebate offer, even if you open multiple accounts. Duplicate claims are immediately declined.
- Your Chequing account must remain open, active, and in good standing.
- If you've been approved and verified by the bank but it's not reflected on your Finly account within 15 days, report a missing case and our team will help you resolve it.
The chequing account
Why Scotiabank Basic Bank Account?
Scotiabank's cheapest account: a flat, low monthly fee for 18 transactions and unlimited Interac e-Transfers. Qualifying seniors, RDSP beneficiaries and people receiving social assistance pay nothing. Fine if you only use chequing for a few bills. Heavier users will spend more on transaction fees than they save.
Fees & limits
Monthly fee
Transactions
$1.25 after
Interac e-Transfers
ATM (own network)
ATM (Canada, other)
Foreign currency
Insufficient funds
Ready when you are
$50 is yours when you apply through Finly.
We e-Transfer your rebate via Interac after the financial institution confirms your approval and eligibility. No portals, no points — just real cash.
FAQ
Common questions, answered.
Still unsure? Reach out to support after signing up, and we'll get back to you within a couple of business days.
Yes. The Finly rebate stacks with whatever sign-up offer or welcome bonus the institution provides. You get both.
Rebates are sent via Interac e-Transfer to the email on your Finly profile. Once your sign-up is verified, payments are typically processed within 10 days.
The financial institution reports the transaction back to us within a few days to a few weeks, depending on their reporting cadence. You can track the status from your Finly account.
Switching devices mid-application, using a VPN, ad blocker, or incognito mode can break our tracking cookies. Complete the application on a single device in one session for a smooth experience.
Usually, if it's a product you don't have yet. With most banks, including Scotiabank, BMO, RBC and TD, you only need to be new to the product, not the bank, so another card or a chequing account with them doesn't stop you. There's no rebate on a product you already hold, and this offer's terms can add conditions.
Try again from this page while signed in, with ad blockers and VPNs off, in one browser. If it still won't go through, you can apply in a branch or by phone, then send us a support request with the application reference number, the card or account, the date, and the name and email you applied with. If you're approved and meet the offer's terms, we'll claim the rebate with our Scotiabank team.
Some accounts waive the monthly fee if you maintain a minimum balance or set up direct deposits. Any waiver options are listed in the fees & limits panel above. The financial institution makes the final approval decision.
Eligible Canadian bank deposits are insured by CDIC up to $100,000 per category. Coverage details depend on the institution, so check the financial institution's site for specifics.
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