Product Name | Scotia Power Savings Account |
Available In | Canada (All Provinces) |
Offered By | Bank of Nova Scotia |
Product Page | Scotia Power Savings Account |
Interest Rate | 0 - $4 999.99: 0 % $5 000.00 and Up: 0.02 % Interest Rate Decreased from 0.1 % to 0.02 % on October 27, 2017
- 1 Year
- 3 Years
- 5 Years
- 10 Years
- All Data
|
Minimum Balance | $5000 |
Withdrawal Fee | $0 |
Other Fees | Free Transfers to and from another Scotiabank Account
All other Debit Transactions: $5.00 |
Fund Transfers | To or From another Scotiabank Account
Cash Withdrawals (at ABM or Branch)
Direct Debit (i.e. Debit Card)
Bill Payments (Online, ABM and at Branch)
Cheque Withdrawal |
Deposit Insurance | CDIC |
Additional Notes | Interest is tiered.
Once the first tier is reached (currently $5000.00), the rate of interest for that tier applies to the entier account balance (not only to amounts over and above $5000.00) |