Account (CA)
How to start banking with Scotiabank?
Scotiabank features a whole package of financial products, services, and programs so that you can decide which fulfills your needs better and have it all under the same roof. So, learn how to open an account!
Scotiabank: many products with affordable fees!
Founded in 1832, Scotiabank is one of the biggest financial institutions in Canada. Not only offers credit cards, accounts, insurance, and loans with affordable fees. It also gives advice programs for you to start planning, investing, and building a brighter future.
Plus, it works with services for minorities like indigenous peoples, respecting traditions and delivering unique products with cultural awareness.
Start banking now with Scotiabank and earn high yield earnings on savings, bonuses on accounts opening, credit card rewards, and more.
Apply for the account
Access the Scotiabank website and select the Bank Accounts tab. Then, choose the type of account you want to sign up for.
Note that you must be at least 16 years old and a Canadian resident or whether you’re in Canada to work or study.
Fill in the forms with your personal and contact information, including your social insurance number.
Finally, fund your newest account, and you are good to go!
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By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Apply for the credit cards
Access the Scotiabank website and select the Credit Cards tab.
Choose the type of card you want and click on Apply Now.
Then, read the requirements to see if you meet them before applying for the card.
Fill in the forms required and wait for the approval.
Scotiabank vs. BMO Bank
If you are a Canadian or a newcomer, you have probably already searched for a financial institution to support your needs and goals.
We have brought two, so you can compare and decide which is the best for you.
| Scotiabank | BMO Bank | |
| Financial products and services offered | Accounts: chequing, savings, Senior, Student, Newcomers; Credit cards; Mortgages; Loans and Lines of credit; Investments; Insurance; Customized banking solutions for Indigenous peoples, Senior, Newcomers, Hockey unites communities, Students, and more; Financial Planning | Accounts: chequing, savings, Senior, Student, Newcomers, Indigenous, and more; Credit cards; Mortgages; Loans and Lines of credit; Investment; Insurance; Financial Planning |
| Fees | It charges monthly fees for accounts and annual fees for credit cards | It charges monthly fees for accounts and annual fees for credit cards |
| Minimum balance | It requires a minimum balance for some types of accounts so the fees are waived, as terms and conditions apply | It requires a minimum balance for some types of accounts so the fees are waived, as terms and conditions apply |
How to start banking with BMO Bank?
Whether you are a small business owner, a student, or a person looking for a low-interest rate credit card, BMO Bank has it all. Check out how to start banking with it!
Aline Augusto
Aline Barbosa
Senior Editor
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