Scotiabank StartRight Program for Newcomers

Scotiabank StartRight Program, created for Canadian Permanent residents from 0–3 years in Canada, International Students and Foreign Workers

To qualify for the Monthly Account Fee for the first year, open a new Scotia One™ Chequing Account under the StartRight® Program (the “Account”). Employees of The Bank of Nova Scotia (“Scotiabank”) and individuals who are currently or were previously holders/ joint holders of a Scotiabank chequing account within the last 2 years are not eligible. The monthly Account fee (currently $13.95) will initially be charged to your Account and will be fully credited back to your Account as a rebate within the first 10 business days of the month following the month in which this fee was charged to your Account. The Account must be open and in good standing until/during the time of the rebates/waivers. All applicable service charges on the Account will continue to be applied monthly. It is your responsibility to ensure the Account has sufficient funds to cover any fees, including the monthly fee during the Rebate Period. After the 12 month promotional period, you will begin to see the monthly Account fee charged to your Account unless you maintain a minimum daily closing balance of $4,000, in which case the monthly Account fee will be waived per the Account terms and conditions. 
This Offer is non-transferable and cannot be combined with any other offers. Maximum one Offer per customer. All rates, fees, features and benefits are subject to change. Offer may be changed, cancelled, or extended at any time without notice.

A full (100%) fee rebate on Interac^† e-transfers you make each month through Scotia Online or Scotiabank Mobile banking (using your eligible mobile devices). Fee rebates will be applied to your Scotia One™ chequing account within 10 business days of the month following the month in which the fees were incurred.

Subject to availability and signing the Safety Deposit Box lease.

To be eligible, you must be a participant in the Scotiabank StartRight Program. Your application for credit and the credit limit assigned (up to $5,000 for Permanent Residents/Foreign workers and up to $1,000 for International Students) will be determined based on Scotiabank’s credit criteria, including your verifiable income and credit history (if available). A credit history in Canada is not required in order to be eligible for credit under the Scotiabank StartRight Program. To qualify for a credit card, you must be a resident of Canada and the age of majority.

The Scotiabank StartRight Auto Finance Program is available through all Scotiabank authorized dealerships in Canada. This program is only available for Permanent residents and Foreign Workers. Subject to Scotiabank credit approval and financing terms and conditions. Downpayment required

Applicable to residential mortgages on owner occupied properties only and subject to meeting Scotiabank’s credit criteria, property requirements and maximum permitted loan amounts. Canada Guaranty, Canada Mortgage and Housing Corporation or Genworth Financial Canada default insurance may be required for Loan to Value (LTV) ratios greater than 65% to a maximum of 95%. Maximum LTV ratios available may be less than 95%. Down payment must come from applicant’s own resources (i.e. not gifted or borrowed). This offer is for all qualified purchase customers who are Permanent Residents in Canada 0 - 3 years or Foreign Workers in Canada (0-5 years in Canada if default insured by Canada Guaranty or Genworth Financial Canada). Some conditions apply.

Offer valid for new Scotia iTRADE^® accounts, excluding Cash Optimizer Investment accounts, opened by new Scotia iTRADE clients who do not already have an existing account with Scotia iTRADE. If you open one or more NEW Scotia iTRADE account(s) (each, a “New Account”) and fund the New Account(s) within 60 days of opening the New Account(s) with at least CAD $1,000 in cash or in Net Equity (cheque deposit, electronic funds transfer or transfer of assets) (“Minimum Amount”), from an account that is not held at Scotia iTRADE, (1) the commissions associated with the first 10 online commissionable trades of Equities, Options and ETFs placed within 365 days of the date when you funded your New Account(s) with the Minimum Amount will be credited back to the corresponding New Account within 30 days of each order fill, to a maximum amount of $9.99 per trade in the currency of the account (maximum total commission rebate of $99.90), (2) the amount of the transferring fee charged by another Canadian broker will be credited to your New Account (up to $150 per client) subject to Scotia iTRADE’s receipt of the documentation evidencing such transfer-in fee. Scotia iTRADE reserves the right to charge you all or part of the commissions associated with the first 10 online trades completed within 365 days of funding your New Account(s) (when such commissions were previously credited back to your New Account(s)) if the conditions of the offer are not complied with. Scotia iTRADE reserves the right to modify and/or cancel this offer at any time without notice in its sole discretion. Clients must enter the promotional code SRPE15 (English) or SRPF15 (French) when submitting the New Account application to qualify. To qualify for this offer, you must satisfy Scotia iTRADE’s Canadian residency requirements, have a valid Social Insurance Number, be eligible to open a Scotia iTRADE account, maintain all of your accounts at Scotia iTRADE in good standing, not be in a disallowed debit position and not have any outstanding margin calls due. This offer has no cash redemption value. This offer cannot be transferred or combined with any other promotional offer (excluding Refer-a-Friend). Limited to one offer per client. In case of joint account only one account holder will be entitled to receive free trades. 

Qualifying students are full-time students enrolled at a Canadian university, community college, CEGEP or other recognized post-secondary institution. To take advantage of the Student Banking Advantage Plan account benefits, you will need to provide your branch with proof that you are enrolled full-time at a qualifying post-secondary institution each academic year prior to November 30th. When you are no longer enrolled full-time or you have not presented proof of enrolment, the plan will be removed and the account will automatically be converted to an account that is suitable to you based on your recent transaction behaviour. Personal identification requirements must be met.

The Getting There Savings Program for Youth is available to customers up to a certain maximum age. The Getting There Savings Program for Youth account has no monthly Account fees. All other fees not covered by your banking package will continue to apply, including fees charged by other financial institutions and access fees to use non-Scotiabank banking machines (e.g. Interac^††, Visa^* or PLUS^* fees). When you reach the maximum age for the account, the account will automatically be converted to an account that is suitable for you based on your recent transaction behaviour. Please see the Day-to-Day Banking Companion booklet for further details about these services and fees, including the maximum age.

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