Get up to $450 with our International Student Refer a Friend Program

Refer an international student to a Student GIC with this limited-time offer.

It’s as easy as 1, 2, 3.

Between April 1 – October 31, 2024, refer up to three (3) eligible friends or family members for the Scotiabank Student GIC program and you could earn up to $450. You'll earn a $150 bonus for each eligible referral, and your friend or family member can earn $50 if they successfully open and fund a Student GIC.

Eligibility

REFERRER

I'm a Scotiabank customer

 

To be eligible to receive a $150 referral bonus, you must:

  • Be a Scotiabank customer with any of the following products:
    • Preferred Package
    • Ultimate Package
    • Student Banking Advantage Plan chequing account
  • Be residing in Canada
  • Fill in the Refer a Friend registration form and then refer an eligible friend or family member for the Scotiabank Student GIC program between April 1 – October 31, 2024
  • Meet all Refer a Friend Program Terms and Conditions
REFEREE

I’m moving to Canada to study

To be eligible to receive a $50 referee bonus, the referred person must:

  • Open and fund a Scotiabank Student GIC account with the required $20,835 CAD between April 1 – October 31, 2024
  • Meet all Refer a Friend Program Terms and Conditions, including obtaining successful approval of their Canadian student permit
 

How It Works

Step 1

Ensure you have an eligible Scotiabank account.

An active eligible Scotiabank chequing account is all you need to start making referrals and earning cash rewards. Eligible accounts include the Preferred Package, Ultimate Package or Student Banking Advantage Plan.

Don’t have an account? 

View accountsView accounts

Step 2

Register with your account information.

After you register, you’ll receive your own unique link in an email to share with a friend or family member.

Program closedProgram closed

Step 3

Share your personal link with a friend or family member.

Share your personal link with any prospective international student who is looking to study in Canada and who you think may be interested in the Student GIC program. The person you refer must not be an existing Scotiabank client and must be a “friend or family member” as defined in the Refer a Friend Program terms and conditions.


Step 4

Your friend or family member must register with your personal link to qualify.

The friend or family member must use the same email to register for the Refer a Friend and apply for their Student GIC.


Step 5

Your friend or family member applies and funds their International Student GIC with a minimum of $20,835 CAD.

To be eligible to apply for the Scotiabank Student GIC Program, the referred person must:

  • be an individual who is planning on studying in Canada
  • not be coming to Canada on a tourist/visitor visa
  • be applying from one of the following eligible countries: Brazil, China, Colombia, India, Morocco, Pakistan, Peru, Philippines, Senegal, Vietnam

When applying for their Student GIC, they must use the same email used when registering for the Refer a Friend program to receive the bonus.

View Student GICView Student GIC

Once all Refer a Friend Program conditions have been met, you can both enjoy the extra cash.

Within approximately six (6) months after Program registration, you will receive $150 into your Scotiabank chequing account for each referral (up to $450), and up to 3 of your eligible friends or family members  will each get $50 into their GIC investment account. 

Note that for your friend or family member to qualify, their Student GIC must remain funded and in good standing up until the time they land in Canada.     

Everyday banking made easier for international students

student smiling

Student GIC Program

From getting your permit approved to paying for living expenses, the Scotiabank Student GIC Program can help you plan for your education.

FAQs