Banking that moves
as fast as you do.

How It Works

Scotiaconnect Premier Banking activates when your combined balances across Scotiaconnect deposit, investment, and retirement accounts reach $100,000 — unlocking a dedicated advisor, waived fees, preferential rates, and priority access to every Scotiaconnect service.

The Premier Relationship

Qualifying for Scotiaconnect Premier Banking requires a combined balance of $100,000 or more across your Scotiaconnect checking, savings, money market, CD, and retirement accounts. Combined balance is calculated as a daily average over a rolling 90-day window, so a single-day dip below the threshold does not trigger a status change. Clients whose average falls below $100,000 receive a two-month grace period before the relationship converts to standard tier pricing — plenty of time to restore balances or discuss alternatives with your advisor.

Once enrolled, every Scotiaconnect account you hold converts to Premier pricing. Monthly maintenance fees on checking, savings, and money market accounts are waived entirely. Premier Checking — the flagship account — carries no fee regardless of balance, unlimited ATM fee rebates worldwide, no foreign transaction fees on debit purchases, and a dedicated Scotiaconnect relationship advisor assigned to you personally. The advisor serves as a single point of contact for every banking need: deposit questions, loan applications, rate negotiation, investment referrals, and financial planning coordination. Reach your advisor by direct phone line, email, or secure message within the Scotiaconnect platform. In-person meetings and video consultations are available at your convenience — no call center queues, no department transfers.

Preferential Rates Across Every Product

Scoticonnect Premier clients receive rate advantages on both sides of the balance sheet — higher yields on deposits and lower rates on loans.

Premier deposit rates add a relationship bonus to Scotiaconnect high-yield savings and money market accounts — typically 0.15% to 0.25% above the published standard tier. CD rates receive a similar premium. On the lending side, Premier clients qualify for rate discounts on mortgages, auto loans, personal loans, and home equity products. The discount varies by product but generally ranges from 0.25% to 0.50% off the standard rate. For a $500,000 mortgage, half a point in rate savings translates into tens of thousands of dollars in reduced interest over the loan term. Premier clients also access preferential pricing on Scotiaconnect wealth management and investment services.

Fee Waivers and Perks

Beyond the core rate advantages, Scotiaconnect Premier Banking eliminates an array of fees that other clients pay. Incoming and outgoing domestic wire transfers process at no charge. International wire fees are reduced by 50%. Official bank checks, money orders, and stop-payment requests carry no fee. Safe-deposit box rental at participating Scotiaconnect locations is complimentary for one standard-size box. Overdraft linked-transfer protection sweeps funds from linked accounts at zero cost per sweep. The Scotiaconnect Travel Elite credit card annual fee is waived for Premier clients who also hold the card. Taken together, the fee savings alone can offset several hundred dollars per year compared to standard tier pricing — and that is before factoring in rate advantages on loans and deposits.

Wealth Management and Planning Access

Scoticonnect Premier clients gain priority access to Scotiaconnect wealth management services. Your dedicated advisor coordinates introductions to portfolio managers, trust and estate specialists, and tax-planning resources — all within the Scotiaconnect network. The advisor reviews your full financial picture quarterly: deposit balances, loan obligations, investment performance, and progress toward stated goals. If you hold accounts at multiple institutions, your Scotiaconnect advisor can map the entire financial landscape and identify consolidation opportunities that simplify management while potentially unlocking additional rate advantages through higher combined Scotiaconnect balances.

Premier clients also receive priority routing on customer service inquiries — your calls and messages skip the general queue and land directly with your advisor or a dedicated Premier support team. This covers everything from lost-card replacement to mortgage rate-lock coordination. Scotiaconnect Premier Banking operates under the same FDIC insurance framework as all Scotiaconnect deposit accounts, with coverage up to $250,000 per depositor per ownership category. For clients with deposit balances exceeding FDIC limits, Scotiaconnect advisors can structure accounts across multiple ownership categories to maximize coverage. Investment and securities products accessed through Scotiaconnect wealth management are not FDIC insured and carry market risk, including potential loss of principal.