Scotiabank Preferred Package Chequing Account

Right now, when you open a new Scotiabank Preferred Package, you can earn up to $1,000 in bonuses!

To get a $700 bonus, you must open a new Preferred or Ultimate Package and, within 60 days:

• Set up a recurring direct deposit (such as payroll or pension) that recurs every month for 6 consecutive months; and
• Complete one of the following: a pre-authorized debit of at least $50 per month for 6 consecutive months, a bill payment of at least $50 in your online banking, or a Visa Debit purchase with your ScotiaCard

Then, you can earn a $200 bonus by opening a new Money Master savings account and maintaining your enrollment in a smart savings tool (Pay Yourself First or Find the Money) for 90 consecutive days.

Finally, you’ll earn a $100 bonus by applying and being approved for an eligible credit card of which you are the primary cardholder, and then making at least one eligible purchase on it.

The Scotiabank Preferred Package has the following main features:

• Unlimited Interac Debit and e-Transfer transactions
• Annual fee waiver for the first year on select credit cards (up to $150)
• Recurring $40 annual discount on select eligible credit cards
• Preferred rates on select GICs
• One free withdrawal per month at a non-Scotiabank ATM in Canada