How to apply for the MomentumPLUS Savings Account?
Check out how to apply for a MomentumPLUS Savings Account and enjoy a special introductory offer of up to 5.00% as a savings rate for five months.
Apply for a MomentumPLUS Savings Account: earn up to 5% as savings rate
If you are looking for a long-term investment at a good rate, then learn how to apply for a MomentumPLUS Savings Account.
The account is suitable for those who don’t want to use it for everyday needs, such as ABM transactions, purchases, payroll deposits, and Point of Sale access.
Basically, the longer you save, the higher the interest rate you will get.
Additionally, you can boost your rates by meeting some requirements for special packages, including:
- Premium Period Interest Rate (up to 1.15% depending on the term);
- Ultimate Interest Rate Boost (additional 0.10%);
- Welcome Bonus Interest of 2.25% on eligible deposits for five months.
Furthermore, the account provides some other valuable and useful features, such as:
- Unlimited self-service transfers between Scotiabank accounts for free;
- Possibility of setting up an automatic savings plan;
- Mobile and online banking;
- Mobile Cheque Deposit.
Last but not least, the account has no monthly account fees and no minimum balance requirements.
Thus, if you are willing to save money at a good rate and within the long term at a very low cost, check out how simple it is to apply for a MomentumPLUS Savings Account.
To apply for this savings account, you must be a Canadian resident of at least 16 years old.
Also, you need to address the purpose of applying for this account.
The application takes about 8 minutes.
Furthermore, you need to provide your personal and financial information.
If you are willing to open a joint account, you must go to the nearest branch.
You will be redirected to another website
Apply using the app
In case you are already a Scotiabank client, you can open a saving account using the mobile app. Otherwise, you must follow the online process described above.
You can also go to the nearest branch or even call 1 (800) 747-3208.
MomentumPLUS Savings Account vs. EQ Bank Savings Plus account
As shown, MomentumPLUS Savings Account suits investors who want to take advantage of long-term investments at a great rate and zero monthly fees.
Of course, it is not a good option for those who want a daily banking account.
So, if you want an alternative that gathers some features for everyday needs, you can check out the EQ Bank Savings Plus account.
To sum up, this account offers free bill payments, free electronic fund transfers, free deposits, and much more.
Also, it doesn’t require a minimum balance, and it doesn’t charge monthly fees.
If you are used to digital banking, you may love to find out more about EQ Bank Savings Plus accounts.
Then, continue Reading the following article!
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