Scotiabank is launching a new premium banking solution dubbed Ultimate Package. According to Scotiabank, Ultimate Package offers customers even more value and rewards by addressing their saving, spending, and investing needs.

In particular, Scotiabank Ultimate Package empowers customers to do more with their banking by delivering enhanced benefits and rewards.

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Scotiabank Ultimate Package features include:

  • unlimited debit transactions & Interac e-Transfer transactions;
  • unlimited  global non-Scotiabank ABM withdrawals;
  • up to C$139 ($104) annual fee waiver each year on select credit cards;
  • +0.10% ongoing Interest Rate Boost on a Scotiabank Momentum PLUS Savings Account;
  • ultimate rates on select GICs;
  • 10 free equity trades at Scotia iTRADE in customers’ first year and five free equity trades every year after, and
  • a choice of SCENE or Scotia Rewards loyalty programmes.

Scotiabank Ultimate Package: ‘greater value and convenience’

In addition, customers avoid the monthly account fee if they maintain a minimum daily closing balance of C$5,000 for the entire month in their Ultimate Package current account.

Alternatively, the monthly fee is waived if customers hold a combined balance of C$30,000 across their Ultimate Package current account and Momentum PLUS Savings Account.

For customers not qualifying for the fee waiver, Scotiabank Ultimate Package costs C$30.95 per month.

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“With the new Ultimate Package, we’re giving our customers even more value and convenience. And we’re transforming the way they bank with us by providing them with the opportunity to spend, save and invest all through one package, with some of the best features and benefits available in the market,” says D’Arcy McDonald, Senior VP Retail Deposits & Day to Day Banking for Scotiabank.

“We want to be our customers’ number one choice for their day to day banking needs. The enhancements we’ve made to our banking solutions reflect that.”

Scotiabank refreshes One Account and Basic Banking Plan

Scotiabank is also refreshing two of its other bank account packages to offer enhanced benefits to customers.

The Scotia One account is now the Preferred Package. Meantime,  the Basic Banking Plan bceomes the Basic Plus Bank Account.

“We’re committed to providing our customers with comprehensive, holistic solutions when it comes to helping them meet their financial goals,” says Anya Schnoor, Executive VP, Retail Products, Scotiabank.

“With our new banking solutions and enhanced mobile experience, we’re evolving and elevating the way we deliver value and rewards for our customers in a way that’s simple, seamless and transparent.”