Scotiabank Preferred Package

The Scotiabank Preferred Package offers a premium banking experience with enhanced features and benefits tailored to meet the financial needs of individuals seeking comprehensive banking solutions.

Key Features:

  • No monthly fee with a minimum balance of $4,000 or more.
  • Unlimited transactions including withdrawals, transfers, and bill payments.
  • Access to a network of Scotiabank ATMs across Canada and worldwide.
  • Free personalized cheques.
  • Annual fee waiver on select credit cards.
  • Option to receive eStatements for environmentally-friendly account management.
  • 24/7 customer service support.

Additional Details:

The Scotiabank Preferred Package caters to customers who value extensive banking services and exclusive benefits. It provides flexibility and premium features without worrying about transaction limits or additional fees.


Who is eligible to apply for the Scotiabank Preferred Package?

Any individual who meets Scotiabank’s account opening criteria can apply for this package. Applicants typically need to provide identification and meet the age requirements.

What is the minimum balance required to avoid the monthly fee?

To waive the monthly fee, you must maintain a minimum balance of $4,000 in your Scotiabank Preferred Package account.

What additional benefits are included with the Preferred Package?

In addition to unlimited transactions and ATM access, the Preferred Package offers perks such as free personalized cheques and an annual fee waiver on select Scotiabank credit cards.

Can I access my account online?

Yes, you can manage your Scotiabank Preferred Package account online through Scotiabank Online Banking or the Scotiabank mobile banking app, ensuring easy access to your account information and transactions.

Is there overdraft protection available with the Preferred Package?

Yes, Scotiabank provides overdraft protection options with the Preferred Package. You can apply for overdraft protection to cover transactions that exceed your available balance and avoid overdraft fees.