Each merchant and transaction are assigned to a category (for example, “home” or “grocery”) typically based on how those categories are set under the network that applies to your account (for example, the Visa network if you have a credit card or a debit card with network access).

Scotia Smart Money allows you to change the category of your transaction to align more with your budget and spend categories. For example, a purchase at Walmart may be categorized as “grocery” based on the network category, but your purchases may actually be for your home. If you wish, you can personalize your transactions by re-classifying the transaction as “home” within Scotia Smart Money.

Please note that changing the category within Scotia Smart Money doesn't change your network-assigned transaction category and rewards.

Learn more about Scotia Smart Money by Advice+.