Savings Accelerator
Account |
Money Master Savings
Account |
Scotia Power Savings
Account |
U.S. Dollar Daily
Interest Account |
|
Annual Interest Rates (Interest
is calculated on daily closing balance, paid monthly) |
$0 - $4999…..……. 0.10% $5000 - $24 99…... 1.15% ≥ $25 000 ………... 1.30% |
< $5000 ………..… 0.1% ≥ $5000 ……….… 0.2% |
≥ $5000……….. 1.05% |
$1000 - $4999 ……..... 0.010% $5000 - $9999 …….... 0.025% $10 000 - $24 999 …. 0.050% $25 000 - $59 999 ..… 0.100% ≥ $60 000 ……………… 0.150% (amounts in USD) |
Minimum Balance to
Earn Interest |
$0 |
$0 |
$5000 |
$1000 USD |
Online/Mobile Access |
Yes |
Yes |
Yes |
Yes |
Monthly fees |
No |
No |
No |
$1 USD - waived if daily closing balance is at least $200 USD |
Type of recordkeeping |
Paperless |
Paperless |
Paperless |
Paper statement – No charge Paper statement with cheque image return - $2.50 USD/month Passbook – No charge |