Pay Yourself First
The easiest way to save regularly is to immediately put some money aside as soon as you get paid. You can make this automatic and you won’t even have to think about it.
Our Automatic Savings Plan lets you transfer a set amount to your Savings Account on a regular basis, and customise when you’d like to make payments and how much you'd like put aside.
And as an extra reward for good saving habits, all contributors to the ASP and SHSP are eligible for our Scotiabank Savings Reward Plan, which lets you earn 0.5% bonus interest on the annual average monthly balance of your contributions made during the one-year term1.
Less any withdrawals you make that are offset by an equal or greater lump-sum deposit.