Get up to $1,800 in value in the first year.*

Join the StartRight Program designed for Newcomers.

Book an appointment or Call 1-877-933-1776

StartRight Program offer for newcomers

Earn up to $400 with a Preferred Package and an eligible investment plan.◊1

How you can earn up to $400

Find out how our banking packages can reward you.

Step 1

Earn $3501

  • Open a new Ultimate or Preferred Package account between March 1st and July 31st, 2024.
  • Within 60 days of Package opening complete any two of the following:
    1. Set up and clear an eligible automated recurring direct deposit, like a payroll or pension, that recurs for 6 months in a row.
    2. Set up and clear 2 separate eligible separate recurring pre-authorized transactions, like a mortgage payment, of at least $50 each that recur for 6 months in a row.
    3. Make one eligible bill payment, like a phone bill payment or a utility bill payment, of at least $50 with online or mobile banking.

Step 2

+$501

  • To be eligible, complete Step 1
  • Within 60 days of opening your new Package account, open a new RRSP, TFSA or FHSA
  • Then, within 60 days of opening the registered account, complete any one of the following activities in your registered account:
    1. From your Scotiabank personal account, set up and clear a recurring pre-authorized contribution of at least $50 per month, that recurs for 6 months in a row, or
    2. Make a minimum deposit of $3000 in your new registered account and maintain it for 6 months in a row.

No monthly account fees on a Preferred Package chequing account for the first year2a value of $203.40.*

Package fees:

  • No monthly account fees for the first year for StartRightTM clients2, $16.95/month after the first year or $0/month by maintaining a minimum daily closing balance of $4,000 for the entire month.

Benefits:

  • Unlimited debit transactions3
  • Unlimited Interac e-Transfer§ transactions3
  • Fee waived on one non-Scotiabank ABM withdrawal per month in Canada4
  • Earn points on everyday purchases with the Scene+TM program5

For a limited time apply for a Scotiabank PassportTM Visa Infinite** credit card and earn up to 30,000 bonus Scene+TM* with minimum spend (a value of $300) plus get a $150 primary card fee waiver for the first year.6

You can also earn an average of 28,733 Scene+ points on your everyday purchases in your first year* (value of up to $287), $104 in foreign transaction fee savings based on average first year annual foreign spend per account*, and more – a total value of up to $841.*

How to qualify:

  • You must have a minimum annual income of $60,000 or a minimum household income of $100,000 or a minimum assets under management of $250.00.

Benefits:

  • Earn 3 Scene+ points7 on every $1 you spend at Sobeys, Safeway, IGA, Foodland & Participating Co-ops and more.
  • Earn 2 Scene+ points7 for every $1 you spend on dining and at other eligible grocery stores.
  • Earn 2 Scene+ points7 for every $1 you spend on eligible entertainment purchases. Includes movies, theatre, and ticket agencies.
  • Earn 2 Scene+ points7 for every $1 you spend on eligible daily transit options. Includes rideshare, buses, taxis, subway, and more.

View other credit card options and offers.

Package fees:

  • No monthly account fees for the first year for StartRightTM clients2, $16.95/month after the first year or $0/month by maintaining a minimum daily closing balance of $4,000 for the entire month.

Benefits:

  • Unlimited debit transactions3
  • Unlimited Interac e-Transfer§ transactions3
  • Fee waived on one non-Scotiabank ABM withdrawal per month in Canada4
  • Earn points on everyday purchases with the Scene+TM program5

How you can earn up to $400

Find out how our banking packages can reward you.

Step 1

Earn $3501

  • Open a new Ultimate or Preferred Package account between March 1st and July 31st, 2024.
  • Within 60 days of Package opening complete any two of the following:
    1. Set up and clear an eligible automated recurring direct deposit, like a payroll or pension, that recurs for 6 months in a row.
    2. Set up and clear 2 separate eligible separate recurring pre-authorized transactions, like a mortgage payment, of at least $50 each that recur for 6 months in a row.
    3. Make one eligible bill payment, like a phone bill payment or a utility bill payment, of at least $50 with online or mobile banking.

Step 2

+$501

  • To be eligible, complete Step 1
  • Within 60 days of opening your new Package account, open a new RRSP, TFSA or FHSA
  • Then, within 60 days of opening the registered account, complete any one of the following activities in your registered account:
    1. From your Scotiabank personal account, set up and clear a recurring pre-authorized contribution of at least $50 per month, that recurs for 6 months in a row, or
    2. Make a minimum deposit of $3000 in your new registered account and maintain it for 6 months in a row.

How to qualify:

  • You must have a minimum annual income of $60,000 or a minimum household income of $100,000 or a minimum assets under management of $250.00.

Benefits:

  • Earn 3 Scene+ points7 on every $1 you spend at Sobeys, Safeway, IGA, Foodland & Participating Co-ops and more.
  • Earn 2 Scene+ points7 for every $1 you spend on dining and at other eligible grocery stores.
  • Earn 2 Scene+ points7 for every $1 you spend on eligible entertainment purchases. Includes movies, theatre, and ticket agencies.
  • Earn 2 Scene+ points7 for every $1 you spend on eligible daily transit options. Includes rideshare, buses, taxis, subway, and more.

View other credit card options and offers.

Unlimited no-fee8 international money transfers – an average savings of $280 compared to in-branch Swift wire transfers.*

Get 10 free equity trades when you invest a minimum of $1,000 in a new Scotia iTRADE® account9a value of $99.90.*

Scotiabank StartRight® clients get 10 free equity trades when they invest a minimum of $1,000 in a new Scotia iTRADE® account.9 Use promo code SRPE15.

Benefits:

  • Free investing and trading education
  • Advanced tools and in-depth research to help grow your investments
  • A comprehensive view of your entire financial picture when you trade with Scotia iTRADE® and bank with Scotiabank, including borrowing, banking and investing - all on one screen with one sign on

Scotiabank StartRight® clients get 10 free equity trades when they invest a minimum of $1,000 in a new Scotia iTRADE® account.9 Use promo code SRPE15.

Benefits:

  • Free investing and trading education
  • Advanced tools and in-depth research to help grow your investments
  • A comprehensive view of your entire financial picture when you trade with Scotia iTRADE® and bank with Scotiabank, including borrowing, banking and investing - all on one screen with one sign on

Apply for a credit card with up to $15,000 in credit, even without previous credit history.10

Talk to us today:

Book online 1-877-933-1776

What documents do I need to open an account?

If you’re a permanent resident

  • Your Permanent Resident Card or confirmation of Permanent Residence
  • One additional piece of government photo ID such as your passport or Canadian driver’s license

If you’re also planning on applying for a credit card, you can do so with the documents outlined above.

If you’re a foreign worker

  • Your work permit
  • One additional piece of government photo ID such as your passport or Canadian driver’s license

If you’re also planning on applying for a credit card, bring a letter from your employer in Canada stating your annual income.

Why Scotiabank is the bank for newcomers

  • ScotiaRise, our 10-year, $500M commitment to foster economic resilience among disadvantaged groups including helping newcomers feel at home faster
  • Scotiabank is Canada’s international bank with close to 24 million customers and over 2,700 branches around the world
  • Access to more than 900 Scotiabank branches and 3,600 ABMs across Canada
  • Personalized support at the branch and in the language that’s most comfortable to you

Book your appointment today:

Book online or Call 1-877-933-1776

When it’s time to think about a new car, new home, or saving for a future, talk to us.