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Email this7:01 am
October 11, 2015
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Up to 4.6%
Basic rate 1.6 plus first 5 month bonus 1.8= 3.4% PLUS you choose which tiers you want the money saved for extra percentages .
https://www.scotiabank.com/ca/en/personal/bank-accounts/savings-accounts/momentum-plus-savings-account.html
2:21 pm
August 9, 2022
Offline5:46 pm
August 10, 2018
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dentgal said
Up to 4.6%
Basic rate 1.6 plus first 5 month bonus 1.8= 3.4% PLUS you choose which tiers you want the money saved for extra percentages .
https://www.scotiabank.com/ca/en/personal/bank-accounts/savings-accounts/momentum-plus-savings-account.html
Tiers seem to be Scotia's attempt to lock in money for specific durations. Not for me considering all the other better options out there right now.
9:47 am
September 30, 2017
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It's been awhile since I checked on Scotia new Momentum Plus offer
Earn a savings rate of 4.90% for a limited time with a 90-day premium period.
0.55% regular
0.25% premium for 90 days (higher for longer period)
4.10% welcome bonus for 1st 3 months (90 days) if this is first account.
0.05% extra boost for the preferred package
0.10% extra boost for the ultimate package
*Individuals who are currently or were previously a holder of a MomentumPLUS Savings Account within the last 2 years are not eligible for the Offer.
7:48 am
March 15, 2019
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"Individuals who are currently or were previously a holder of a MomentumPLUS Savings Account within the last 2 years are not eligible for the Offer."
Another promo that is restricted to only folks who never had a Momentum PLUS account. It looks like 1 or 2 or 3 of the big bank are only interested in recent immigrants, students and/or "tent people".
1:14 pm
November 18, 2017
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,,,or they simply want to put their promotional money into attracting new customers.
RetirEd
2:45 pm
April 6, 2013
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RetirEd said
,,,or they simply want to put their promotional money into attracting new customers.
That's what it is. The savings account market is mature. People have to paid something to take the time to open a savings account and test drive the account.
7:01 am
March 15, 2019
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Norman1 said
RetirEd said
,,,or they simply want to put their promotional money into attracting new customers.That's what it is. The savings account market is mature. People have to paid something to take the time to open a savings account and test drive the account.
The trick is to be a new customer at another bank. Your old bank just lost a good client/customer. Of course, this trick won't work after you've done all Big 6 banks but by then you'll be old. (I think the TD once told me that I can come back after 7 years and become a "born again new customer". )
5:59 pm
November 3, 2022
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Anyone knows if scotia 4.9% 90days promo has a balance cap? Other financial institutions promo rate terms and conditions always include balance cap, e.g. manulife bank promo rate is up to 500k, but don't see it on scotia 4.9% offer details I wonder if I misread it
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