Compare all banking rates from Scotiabank. Find the best TFSA, HISA, and GIC rates with competitive terms and CDIC protection.
| Product | Rate | Term | Min Deposit | Action |
|---|---|---|---|---|
|
SAVINGS Account
Promo Rate
|
5.00% | Ongoing | $0 | Apply Now |
|
Scotiabank MomentumPLUS Savings Account
Promo Rate
|
5.00% | Ongoing | $0 | Apply Now |
|
HISA Account
Promo Rate
|
4.90% | Ongoing | $0 | Apply Now |
|
Scotiabank 3 Years GIC
|
3.62% | 3 years | $500 | Apply Now |
|
Scotiabank 2 Years GIC
|
3.35% | 2 years | $500 | Apply Now |
Scotiabank positions itself strategically across Canadian savings products
Scotiabank offers HISA rates 2.39% above market average
Excellent choice for HISA savers seeking premium returns
Scotiabank offers competitive GIC rates
Solid choice with other banking benefits beyond just rates
Current rate environment in 2026 favors savers with attractive returns across product categories
Q1 typically sees banks adjusting rates following year-end policy changes
Based on current trends and economic indicators, savers should focus on securing competitive rates while maintaining flexibility for potential market changes in 2027.
Starting career, building emergency fund, saving for first home
Peak earning years, saving for children's education and retirement
Maximizing retirement savings, reducing risk, preserving capital
Scotiabank consistently offers above-market rates, making it an excellent choice for rate-conscious savers in 2026.
As a CDIC member, Scotiabank provides government-backed deposit insurance up to $100,000 per depositor, ensuring your savings are protected.
Start with Scotiabank's Scotiabank MomentumPLUS Savings Account at 5.00%
This is Scotiabank's most competitive offering and can be opened online in minutes.
Lock in Scotiabank's current rates before potential market changes
Interest rate environment in 2026 may shift - secure competitive rates now.
Scotiabank is a leading financial institution with strong international presence and competitive rates.
Scotiabank offers a variety of products including TFSAs, High Interest Savings Accounts (HISAs), and GICs with competitive rates.
Yes, Scotiabank is a CDIC member institution, providing deposit protection up to $100,000 per depositor.
Use our comparison tools to see how Scotiabank rates stack up against other Canadian banks across all product types.
Scotiabank's minimum deposits vary by product type. Check individual product pages for specific requirements.
You can open an account with Scotiabank by visiting their website, calling their customer service, or visiting a branch location.