Right now, when you open a new Scotiabank Preferred Package for Students and Youth, you can get a welcome bonus of up to $200!
To get this $200 bonus, you must first open your account between July 2 and November 1, 2026. Then, you just need to complete 2 of the following 3 activities within 60 days of opening your account:
- Set up at least 1 eligible recurring automatic direct deposit, which will recur monthly for a minimum of 3 consecutive months
- Set up at least 1 eligible recurring pre-authorized transaction, which will recur monthly for a minimum of 3 consecutive months
- Make at least 5 online Visa* Debit purchases with your Scotiabank® Card wherever Visa* Debit is accepted. Only the following types of Visa Debit transactions are eligible: online debit purchases and in-store purchases made outside Canada.
The Scotiabank Preferred Package for Students and Youth has the following key features:
- Unlimited Interac Debit and e-Transfer transactions
- Earn points on your everyday purchases with Scene+
- Free Scotia iTRADE trades for students and youth
- No monthly account fees if you are under 25 or if you are pursuing full-time studies at a post-secondary educational institution in Canada or the United States
