Account (CA)
Scotia Euro Daily Interest Savings Account full review
If you plan or already save in euros, you should learn more about a savings account that lets you do it and more. Then, check out this Scotia Euro Daily Interest Savings Account review.
Scotia Euro Daily Interest Savings Account: save euros at competitive foreign exchange rates
If you save euros, you should take a minute to read this Scotia Euro Daily Interest Savings Account review.
How to apply for Scotia Euro Savings Account?
Learn how to apply for a Scotia Euro Daily Interest Savings Account and save your Euros at competitive foreign exchange rates and low costs.
The account lets you save euros at competitive foreign exchange rates and low costs.
However, if you don’t save euros or if you want an account for everyday needs, Scotiabank features other offers for you.
Now, continue reading if you want a safe way to keep your euros growing.
How does the Scotia Euro Daily Interest Savings Account work?
Scotiabank offers different types of accounts for those who want to save their money. Also, it does not only provide accounts for savings dollars.
So, if you want to save your euros, a Scotia Euro Daily Interest Savings Account is worth considering.
Remember that this account is not recommended for daily transactions in other currencies, though.
But you can benefit from the two monthly teller-assisted transactions included. After that, you will pay only €1.25 per additional transaction.
Also, there are no monthly account fees if you manage to keep at least a €200 daily closing balance. Otherwise, you will pay only €1.00 per month.
Moreover, Scotiabank offers a discount on this fee through the Seniors Discount program.
The account is eligible for CDIC Insurance, and you can only open it by booking an appointment at a Scotiabank branch.
Additionally, it is essential to keep in mind that other fees apply, including:
- Fees for ABM Services;
- Account Closing Fees;
- Inactive Accounts Fees;
- Additional Recordkeeping Services and Fees, and others.
If you want to find out more about it, you can access the Terms and Conditions available on the official website.
You will be redirected to another website
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.
Scotia Euro Daily Interest Savings Account benefits
As can be seen on this Scotia Euro Daily Interest Savings Account review, you can benefit from this savings option if you save euros and want some free teller-assisted transactions per month.
Also, the account is cheap to maintain with few minimum balance requirements.
Pros
- It lets you save Euros in a very cheap way;
- It offers up to two teller-assisted transactions per month;
- It doesn’t charge a monthly account fee if you manage to keep at least a €200 daily closing balance;
- It offers competitive foreign exchange rates;
- It is eligible for CDIC Insurance.
Cons
- It charges a monthly fee if you don’t keep the minimum daily closing balance.
How good does your credit score need to be?
Unfortunately, this information is not disclosed.
How to apply for the Scotia Euro Daily Interest Savings Account?
So, if you want to save your Euros with security and without paying a lot for it, learn how to apply for a Scotia Euro Daily Interest Savings Account.
How to apply for Scotia Euro Savings Account?
Learn how to apply for a Scotia Euro Daily Interest Savings Account and save your Euros at competitive foreign exchange rates and low costs.
About the author / Aline Augusto
Reviewed by / Aline Barbosa
Senior Editor
Trending Topics
How to apply for the MomentumPLUS Savings Account?
Learn how to apply for a MomentumPLUS Savings Account and earn a special offer for five months along with other valuable banking features.
Keep ReadingEastern Loans or Lendful Personal Loan: Which is the best loan option?
Do you need a personal loan with good rates? Find out which lending platform is best: Eastern Loans or Lendful Personal Loan!
Keep ReadingNeo Financial Money account review
See how to own an account with one of the highest interest margins in the market! Check our Neo Financial Money account review to learn more!
Keep ReadingYou may also like
Capital One Spark Miles for Business review: Travel on budget while earning rewards
You might want to read the Capital One Spark Miles for Business review if you constantly travel on business. With this credit card, you can earn miles and rewards to redeem on your trips. Read on to learn more!
Keep ReadingTwitter shareholders filed a lawsuit against Elon Musk
Elon Musk’s Twitter deal started a new chapter last week when the company’s shareholders filed a lawsuit against the CEO of Tesla and SpaceX. Read more below!
Keep ReadingCopper - Banking Built For Teens review: fees, rates, and more
Does your teen need a jump-start into the world of finances? Check out Copper’s Banking Built for Teens account review! Learn about this innovative solution!
Keep Reading