How do I recategorize a merchant or purchase using Scotia Smart Money?

There are two ways you can recategorize (or “reclassify”) a Category for a specific transaction:

Option 1:

  1. From the app’s home screen, tap the relevant account
  2. Select the transaction you want to change
  3. You’ll see transaction details for your selected transaction
  4. Select the category
  5. Choose your new category
  6. You can choose to change the category for all future transactions from this merchant
  7. Tap Update category

Option 2:

  1. From the app’s home screen, tap Advice+
  2. Tap Cashflow, Budget, or an insight
  3. Select the transaction you want to change
  4. Choose your preferred category from the drop-down list
  5. To assign this category for all future transactions from this merchant, check Apply to similar future transactions
  6. Tap Update

Your credit card rewards don’t change if you reclassify a merchant transaction in Scotia Smart Money. Your transaction under the account for that merchant will remain the same.

Learn more about Scotia Smart Money by Advice+.

Last updated December 1, 2023