Save to unlock their full potential
Open a Junior Savings Account for your child today.
Right for you if you want:
Save Money
No monthly fee
Convenience:
Enjoy 24-hour access to your money through any of our channels for no monthly fee
Earn More:
Develop strong savings habits while earning interest on every dollar you save
Record Keeping:
Watch your savings grow with monthly e-statements
Top reasons to choose this account
We want your first banking experience to be the best one possible. That's why we've created an account that introduces you to great benefits such as:
Flexible and convenient banking - in-branch, by ATM, using Internet, Mobile, or Telephone Banking, or by shopping with your ScotiaCard
Interest is calculated on the daily closing balance and paid monthly
Earn interest on every dollar with no minimum balance required
Fees are charged for debit transactions done in branch, ATM and POS
Mobile Banking app available for iOS and Android
Scotiabank Mastercard Debit card for children 12 years and older
Use the opportunity to:
- Show your children the importance of saving
- Accumulate their birthday cash gifts in the account
- Help them with learning about money management early
- Teach them to save for special occasions and for future goals
What you need to open an account
- Birth Certificate or proof of legal guardianship
- Government issued Identification (ID) such as a passport
- Letter from school conirming child’s enrollment
- Job Letter, Government ID and Proof of Address for Parents
- CI$50 for first deposit
Additional Information
How to apply
Learn more, How to applyAccount Service Fees
Learn more, Account Service FeesTerms and Conditions
Learn more, Terms and ConditionsSubject to approval as dictated by the Terms and Conditions
Regular Sundry fees apply.
Regular Sundry fees apply.