Eligibility and Exclusions: To qualify for the $300 bonus, you must open an eligible account at the Scotiabank Carlton and Church Branch, 70 Carlton Street, Toronto, Ontario M5B 1L6 on or before February 8, 2022.

Individuals who are currently holders of a Scotiabank Chequing Account are not eligible for the $300 cash offer. Individuals who were previously holders of a Scotiabank Chequing Account within the last two (2) years are not eligible for the $300 cash offer. “Scotiabank Chequing Account” means any of the following accounts: Ultimate Package, Preferred Package, Scotia One Account, Basic Plus Bank Account, Basic Banking Plan, Basic Bank Account, Momentum Chequing, Power Chequing, Scotia One Service, Scotia Value, Student Banking Advantage Plan. Employees of Scotiabank are not eligible for the Offers.

Offer Description and Conditions: To qualify for the Offers, you must:

Open a new Preferred Package (eligible for the $300 Offer), an “Eligible Account”, by February 8, 2022; and

Complete two (2) of the following three (3) activities in your Eligible Account within 60 days of opening:

Set up an eligible recurring direct deposit (e.g., employer payroll, pension provider, or government) which will recur monthly for a minimum of three (3) consecutive months, or

Set up a minimum of two (2) eligible separate recurring pre-authorized transactions (e.g., utility payments, property taxes, loan/mortgage payments) with a minimum value of at least $50 per transaction which will each recur monthly for a minimum of three (3) consecutive months, or

Make at least one eligible online bill payment (e.g. utility bill, hydro bill, credit card payment, cable) of at least $50 through the Scotiabank Mobile App or through Scotia OnLine.

Scotiabank reserves the right to determine whether a specific recurring direct deposit, pre-authorized transaction or bill payment is eligible for the Offers.  The $300 cash bonus, as applicable, will be paid into the primary account holder’s Eligible Account within two (2) months following the satisfaction of the conditions outlined above. The Eligible Account must be open and in good standing until the time of payout of the points bonus. The Eligible Account is not in "good standing" if: 1) It has a negative balance exceeding the authorized overdraft limit, or 2) If it has been in continuous overdraft for a period of three (3) consecutive months. These Offers are non-transferable and may not be duplicated. Limit of one (1) Offer per customer, regardless of the number of Eligible Accounts opened. If more than one (1) Eligible Account is opened, the Offer awarded will be based on the first Eligible Account opened. For joint accounts, only one (1) cash bonus will be applied to the primary account holder’s Eligible Account. All rates, fees, features and benefits are subject to change. Offers may be changed, cancelled or extended at any time and cannot be combined with any other offers. 

Some conditions may apply. All mortgage applications are subject to meeting Scotiabank’s standard credit criteria, residential mortgage standards and maximum permitted loan amounts. The offers can be changed or withdrawn at any time without notice and may not be combined with any other discounts, offers or promotions. For each offer, the minimum mortgage amount is $100,000, the new mortgage must be set up as a closed fixed rate mortgage with a 3 year term or greater or a closed variable rate mortgage with a 5 year term and the mortgage must be funded within 120 days of the application date.

For the mortgage switch offer, Scotiabank will pay a maximum of $800 to the appropriate service provider to cover mortgage closing costs for services ordered directly or approved by Scotiabank. This amount will be treated as cashback and will be repayable to Scotiabank if the mortgage is assumed, paid out, transferred or renewed prior to the expiry of the mortgage term. The cashback amount may appear as an additional charge payable in any discharge or renewal statement, and will be calculated on an even prorated basis using a standard formula. Scotiabank will also cover up to a maximum of $400 towards any discharge or assignment fee (other than any prepayment charges) charged by the other financial institution in connection with the mortgage transfer (not applicable in Quebec). The mortgage switch offer is only available on transfer of existing mortgages from another lender or financial institution to The Bank of Nova Scotia and does not apply to refinance transactions. Prepayment charges with your existing lender may be applicable if the mortgage has not reached its maturity date.

Subject to credit approval. Offer applies to new ScotiaLine Personal Line of Credit accounts (the “Account”) opened by February 8, 2022. The introductory interest rate of Prime + 1.50% takes effect when the Account is opened and will then continue for six months from that date. After the 6-month promotional period, the interest rate for Account balances that were at Prime + 1.50% will increase to the regular interest rate of Scotiabank Prime plus an adjustment factor (to be disclosed after credit adjudication).  Scotiabank Prime is the prime lending rate of The Bank of Nova Scotia published from time to time and is subject to change. We may also change the adjustment factor with prior notice. You can find the current Scotiabank Prime rate here. No annual fee. Rates and fees are subject to change. For current rates and information on fees and interest, call 1-888-882-8958.²Prime Rate is the prime lending rate published from time to time by Scotiabank. The prime rate is subject to change without notice. Visit [https://www.scotiabank.com/ca/en/personal/rates-prices.html] for Scotiabank's current prime rate.

The interest rate you pay on a Scotia RSP Catch-Up Line of Credit will vary with Scotiabank Prime plus the adjustment factor. Scotiabank Prime is the prime lending rate of The Bank of Nova Scotia published from time to time and is subject to change. We may also change the adjustment factor with prior notice. You can find the current Scotiabank Prime lending rate here. No annual fee. Rates and fees are subject to change. For current rates and information on fees and interest, call 1-888-882-8958.

The Scotiabank Small Business Welcome Offer (the “Offer”) is available to small business customers who open a new Select Account for Business (the “Account”) between November 8, 2021 and February 8, 2022 (the “Offer Period”) at the Carlton and Church Branch, 70 Carlton Street, Toronto, Ontario M5B 1L6. The primary holder of the Account qualifies for a monthly plan fee waiver on   the Account provided the Account is in good standing. The Account is not in “good standing” if (i) it has a negative balance exceeding the authorized overdraft limit, or (ii) it has been in continuous overdraft for a period of three (3) consecutive months. The monthly plan fee waiver will apply to the first bill cycle following the activation of the Account and will continue for 3 billing cycles. Following the third billing cycle, you will begin to see the applicable Account monthly plan fee charged to your monthly Account statement.

Employees of The Bank of Nova Scotia (“Scotiabank”) and individuals and business entities who are currently holders/joint holders of a Scotiabank small business chequing account as at November 8, 2021 are not eligible. This Offer is non-transferable; maximum one (1) Offer per business entity. If more than one (1) Account is opened, the Offer awarded will be based on the first Account opened.

All other Account transaction fees will continue to apply. Should you exceed the monthly transaction limits for Select Account for Business plans A-C, additional transactions will be charged on a “pay-per-use” basis. Chase Merchant Transactions (debits and credits) are included at no charge.

This Offer may be changed, cancelled or extended and cannot be combined with any other offers except as permitted.