Looking for a complete bank account that includes all the bells and whistles?
Scotiabank’s new Ultimate Package offers almost everything you could want out of a bank account.
And, for a limited time, until December 30, 2019, you can get a bonus of $350 when you open up a new account.
Scotiabank’s Ultimate Package details
So, what does this Ultimate Package bank account provide? Here’s just a few things this bank account includes:
- unlimited transactions, including Interac e-Transfers,
- your choice of earning SCENE or Scotia Rewards on debit purchases,
- an ongoing annual fee waiver of up to $139 on select Scotiabank credit cards,
- annual $55 fee waiver on a safety deposit box, and
- unlimited free withdrawals at any ATM in the world.
That’s just a taste of what this account has to offer.
Open an account by December 30, 2019 and you can earn a $350 cash bonus when you complete any two of the following:
- set up a recurring direct deposit for at least 3 months,
- set up a minimum of 2 separate pre-authorized transactions, or
- make at least one online bill payment of at least $50.
Complete 2 of them, and you’ll get your $350 cash bonus within 2 months.
Is there a monthly fee for this bank plan?
Indeed there is. The plan costs $30.95 per month.
But if you maintain a daily balance of $5,000 in the account, or a combined balance of $30,000 across your Ultimate Package and Momentum Savings Account, there’s no monthly fee.
4 Scotiabank credit cards with an annual fee waiver
So, what Scotia credit cards are eligible for the annual fee waiver?
There are 4 cards that qualify, here’s a brief overview of all 4 of them.
|Credit Card||Welcome Bonus||Earn Rates||Annual Fee, Income Requirements||Apply Now|
|Scotiabank Gold American Express||Up to 30,000 points (terms)||* 5 points per $1 on groceries, entertainment, and restaurants
* 3 points per $1 on gas, transit, and select streaming services
* 1 point per $1 on all other purchases
|$120 annual fee, 12K personal income requirement||Apply Now|
|Scotiabank Momentum Visa Infinite Card||None||* 4% cash back on groceries and recurring bills
* 2% cash back on gas and transit
* 1% back on all other purchases
|$120 annual fee, 60K personal or 100K household income requirement||Apply Now|
|Scotiabank Passport Visa Infinite||25,000 points (terms)||* 2 points per $1 on groceries, restaurants, entertainment & daily transit
* 1 point per $1 all other purchases
|$139 annual fee, 60K personal or 100K household income requirement||Apply Now|
|Scotiabank Value Visa||0.99% interest for 6 months on balance transfers (terms)||N/A||$29 annual fee, no income requirements||Apply Now|
One of our top flexible travel cards that also has no foreign transaction fees is the
You’ll pay no foreign transaction fees and earn up to 5 Scotia Rewards points per $1 spent on your purchases.
And, you can earn a welcome bonus of up to 30,000 points – 25,000 after spending $1,500 in the first 3 months, and another 5,000 after spending $10,000 in the first year.
Our top rated cash back card is the
It currently has no welcome bonus, but offers up to 4% cash back ony our grocery and recurring bills – the highest earn rate of any cash back card. You’ll also earn 2% cash back on gas and transit purchases, and 1% on everything else.
Another top option to save on foreign transaction is the
You’ll save that pesky 2.5% fee on foreign currency purchases and earn up to 2 Scotia Rewards points per $1 spent.
Plus, it also comes with a Priority Pass membership with 6 free passes.
For savings on credit card interest, there’s the
You can get an interest rate of 0.99% for the first 6 months on balance transfers made to the card.
And you’ll enjoy a low interest of 12.99% on purchases and future balance transfers made to the card.
Ends January 31, 2020.
We want to hear from you
What do you think of this new deal from Scotiabank?
Will you be scooping up this offer?
Let us know in the comments below.