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Student Banking Advantage® Plan

Registered trademark of The Bank of Nova Scotia, used under license.

Scene+ and the Icon Design are trademarks of Scene Plus IP Corporation, used under license.

Interac e-Transfer is a registered trade-mark of Interac Corp. Used under license.

Value of up to $435 in welcome bonuses and point value with the Scene+™ Student Banking Bundle includes $100 cash and up to 20,750 in bonus Scene+ points (valued at up to $207.50) as follows:

1. $100 cash offer and 7,500 Scene+ points ($75 value) for new Student Banking Advantage^® Plan customers
2. 5,000 Scene+ points ($50 value) for new Scotiabank^® Scene^TM Visa^* Card customers
3. 1,250 Scene+ points ($12.50 value) for new customers who combine the products above with a new Momentum^PLUS Savings Account
4. 5,000 Scene+ points ($50 value) when you bundle all 3 of the above accounts and complete certain qualifying transactions
5. $149.90 in savings with the Scotia iTRADE^® perk for Student Banking Advantage Plan holders ($4.99 per trade and Trade 1 Get 1 Free at Scotia iTRADE^®)

Conditions apply. Please see Scotiabank^® Scene+^TM Bundle for Students Offer.

If you’re attending a university, community college, or another recognized post-secondary school in Canada or the United States, you can take advantage of this plan. This plan is available only for full-time students registered in a course for credit. To take advantage of the account benefits, you will need to provide proof that you are enrolled full-time at a qualifying post-secondary institution prior to November 30th. When you are no longer enrolled full-time or you have not presented proof enrollment, the plan will be removed and the account will automatically be converted to the Preferred Package with Grad Gift: monthly account fee waived for 12 months. After 12 months, the regular monthly account fees for the Preferred Package will apply.

Additional fees apply for shared ABM services, cross-border debit transactions and other banking services not included in the Student Banking Advantage Plan account package.

Scene+ ScotiaCard® debit card: Earn 1 Scene+ Point for every $5 on debit purchases (up to a maximum of 300 points per transaction and 600 points per day) made from an eligible Scotiabank chequing or savings account using your Scene+ ScotiaCard debit card linked to a Scene+ membership, including Interac Debit contactless  and Visa Debit transactions.  Normal Interac Debit contactless transaction limits apply. Scene+ Points accumulated using your Scene+ ScotiaCard debit card will be updated within 2-3 days to the associated Scene+ account.  Scene+ points are calculated on debit card purchases, less any refunds, returns, or other similar credits.  Other conditions apply. Scene+ points can be redeemed for travel, entertainment, shopping, dining, banking or online at www.sceneplus.ca. Visit www.scotiabank.com/sceneplusrewards for complete details.

As of January 1, 2023, new and existing Student Banking Advantage Plan account holders who open a new Scotia iTRADE account for the first time qualify for both of the following benefits: 

• Preferred $4.99 pricing on eligible commissionable trades (regularly $9.99). Note: it will take up to 10 business days from the date of opening a new Student Banking Advantage Plan or Scotia iTRADE account for the discounted $4.99 commission pricing to apply. 
• Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 20 in the first calendar year, and 10 in the second calendar year and thereafter while the Scotia iTRADE customer is a Student Banking Advantage Plan account holder). The rebate relating to options will be applied to base commissions only. 

As of January 1, 2023, new and existing Student Banking Advantage Plan account holders who have an existing Scotia iTRADE account qualify for both of the following benefits: 

• Preferred $4.99 pricing on eligible commissionable trades (regularly $9.99). Note: it will take up to 10 business days from the date of opening a new Student Banking Advantage Plan or Scotia iTRADE account for the discounted $4.99 commission pricing to apply. 
• Trade one get one free using the Scotia iTRADE Mobile App: Receive a rebate for the commissions incurred for every second eligible commissionable trade placed through the Scotia iTRADE Mobile App (up to a maximum of 10 in the first calendar year and thereafter while the Scotia iTRADE customer is a Student Banking Advantage Plan account holder). The rebate relating to options will be applied to base commissions only. Trade one get one free rebates: The rebate will be applied to the account holder’s non-registered Scotia iTRADE account, or in its absence, their registered Scotia iTRADE account, in CAD currency (converted from USD to CAD for trades executed in USD, using the applicable foreign exchange rate) within the first 10 business days of the month following the month that the trades were executed. 

Eligibility & Exclusions:

• Eligible commissionable trades include stocks, ETFs and options placed across all Student Banking Advantage Plan account holder(s)’ Scotia iTRADE accounts within the calendar year since the later of January 1, 2023 or the time when a client opens a Scotia iTRADE account. 
• Corporate and non-personal Scotia iTRADE accounts are not eligible. 
• The student (the primary account holder of the Student Banking Advantage Plan account) can be either the primary or joint account holder of the Scotia iTRADE account. 
• Only the primary account holder of a Student Banking Advantage Plan account will be entitled to receive the preferred $4.99 pricing or get their commissions reimbursed for every second eligible commissionable trade, as applicable, into their Scotia iTRADE account. 
• Both the Student Banking Advantage Plan account and Scotia iTRADE accounts must be in good standing on the last day of every month. 
• The Scotia iTRADE account must not be in a disallowed debit position and must not have any outstanding margin calls due. 
• No cash redemption value. 

This offer can be combined with other Scotia iTRADE programs (excluding Preferred Package) and campaigns unless otherwise specified. Should free trade rebates be awarded for the other programs and campaigns, those free trades will be applied first until fully consumed before applying Student Banking Advantage Plan free trades rebate.

 

Scotia iTRADE ^® (Order-Execution Only) is a division of Scotia Capital Inc. (“SCI”). SCI is regulated by the Investment Industry Regulatory Organization of Canada and is a member of the Canadian Investor Protection Fund. Scotia iTRADE does not provide investment advice or recommendations and investors are responsible for their own investment decisions.