How to apply for the Scotia Euro Daily Interest Savings Account?
Learn how to apply for a Scotia Euro Daily Interest Savings Account and save your Euros in a safe place at competitive foreign exchange rates and low costs.
Apply for a Scotia Euro Daily Interest Savings Account: save Euros with an excellent foreign exchange rate
If you save Euros or plan to do it, you should check out how to apply for a Scotia Euro Daily Interest Savings Account.
But before proceeding, take a look at all you can get by opening an account.
Firstly, this account is recommended for those who invest in euros in the long term and want to benefit from low costs.
So, this Scotia Euro Daily Interest Savings offers up to two teller-assisted transactions per month and no monthly account fees if you manage to keep at least a €200 daily closing balance.
Otherwise, some fees apply. But they are really accessible as follows:
- €1.25 for each additional transaction;
- €1.00 as a monthly account fee.
In addition, the account is eligible for CDIC Insurance.
It is important to mention that this savings account is not designed for those who want to have access to everyday banking services in a currency other than Euros.
If this is your case, you can look for other types of accounts offered by Scotiabank.
Now, learn how to apply for the Scotia Euro Daily Interest Savings Account.
Unfortunately, there is no way of applying for this Scotia Euro Daily Interest Savings Account through the official website.
However, you can book an appointment online.
All you need to do is access the official Scotiabank website, select the account you want, and click on Book an Appointment.
The process takes less than five minutes.
After that, you will be able to open your account with the dedicated support you deserve.
You will be redirected to another website
Apply using the app
After opening your account in a branch, you will be able to download the Scotiabank mobile app to manage your newest savings account.
Scotia Euro Daily Interest Savings Account vs. EQ Bank Savings Plus account
A Scotia Euro Daily Interest Savings Account is a specific type of account designed for an investor that wants to save Euros in a safe and cheap way in the long term. The account offers competitive foreign Exchange rates and low fees.
Also, it provides up to two teller-assisted transactions per month.
However, in case you want to save dollars, an EQ Bank Savings Plus account is Worth considering.
The account is digital, and it doesn’t have minimum balance requirements or monthly account fees.
Also, you can open it online.
In summary, the account Works as both chequing and savings. So, you can get access to valuable daily resources while watching your money grow.
If you want to learn more about this account, take a minute to read the following article to decide if this account would suit your needs.
What is the best credit card to use in Canada? 10 options!
Credit cards can help you save money, earn rewards quickly and easily. So, read more to know which is the best credit card in Canada!Keep Reading
Focus Cash Loans review: get up to $1,500!
Looking for a loan? If so, you may be looking for Focus Cash Loans. Read our Focus Cash Loans review to know if it is the right platform!Keep Reading
You may also like
The Plum Card® from American Express application: How does it work?
We broke down the application process for the Plum Card® from American Express for you. Get started here. No APR or foreign transaction fee!Keep Reading
How to start investing with Robinhood Investing?
The first step to start investing is to choose your broker. The second is to open your brokerage account. If you've read about Robinhood and want to join it, this article has some information about it for you.Keep Reading
Luxury Titanium or Luxury Black card: choose the best!
Are you trying to decide between Luxury Titanium or Luxury Black? This review will help you decide, showing the benefits and disadvantages of each one. Please read on to find out the best travel card for you!Keep Reading