Before you sign up for either of these smart savings tools, you’ll need access to Scotia Smart Money by Advice+. If you’ve unenrolled from Scotia Smart Money, you’ll need to re-enrol through your Scotia app. You can only enrol in one smart savings tool at a time.

For Pay Yourself First, an existing Scotiabank chequing account, a recurring deposit (like payroll or monthly rental income) linked to that account, and a Money Master savings account are required.

For Savings Finder, a Scotiabank chequing account and a Money Master savings account are required. Savings Finder is the only smart savings tool available if you’re opening a new chequing account, but you’ll be able to switch to Pay Yourself First after 90 days if you have a recurring deposit.