TypeBank
Deposit protectionYes (CDIC)
Rates and terms are set by Scotiabank. Always confirm on the bank's page before you deposit.
Visit ScotiabankPromotional rates
No promotional rate is published on the bank's page today.
Board rates
Standing rates when no promotion applies (and often what a promo renews into).
| Tenure | C$500 + |
|---|---|
| 12 months | 2.45% |
| 18 months | 2.50% |
| 24 months | 2.50% |
| 36 months | 2.60% |
| 48 months | 2.70% |
| 60 months | 2.75% |
Deposit protection: CDIC
LimitC$100,000
CDIC insures eligible deposits at member institutions up to $100,000 (principal and interest) in each of several separate coverage categories. Source, checked 2026-10-18.
Compare with other banks in Canada
- Oaken Financialup to 4.50%
- EQ Bankup to 4.30%
- Tangerineup to 4.25%
- BMO Bank of Montrealup to 3.55%
- CIBCup to 2.75%
- RBC Royal Bankup to 2.75%
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Sources
Every figure on this page was read from these pages at the time shown. Nothing is estimated.