How do I earn Premium Interest with my Momentum PLUS Savings account?
To earn Premium Interest you can:
- Choose a 90, 180, 270, and/or 360-day Premium Period(s). This can be done right away at account opening, or at any later time.
- Deposit money into the Premium Period(s).
- Don’t make any debits from the selected Premium Period(s).
Debits include: withdrawals, transfers (including transfers to your other Scotiabank accounts and between Premium Periods within your MomentumPLUS Savings Account) and transaction-related service fees.
Last updated November 10, 2022
How is interest applied to the Momentum PLUS Savings account?
What happens at the end of a Premium Period in my Momentum PLUS Savings account?
What happens when I make additional deposits during a premium period in my Momentum PLUS Savings Account?
Can I withdraw my money from my Momentum PLUS Savings account before the Premium Period end-date?