Lower USD Rate: Personal & Corporate Investment Savings Account (ISA) Rate – SEPTEMBER 24 2019

New lower rates on our US dollar Personal and Corporate suite of ISA funds. Scotiabank ADS has decreased our base rate on all our ISA US funds by 0.25%, effective as of SEPTEMBER 24 2019.

 

PERSONAL CLIENTS
Series Currency Investment Amount Interest Rate1 Trailer Fee Issuer: FundServ
Series A
(Tiered)
USD $0 - $99,999

$100,000 - Unlimited
1.10%

1.25%
0.25%

0.10%
BNS: DYN6001
ADSB: DYN5001
Series F USD $0 - Unlimited 1.35% n/a BNS: DYN6005
ADSB: DYN5005
CORPORATE / NON-PERSONAL CLIENTS
CORPORATE Series A
(Tiered)
USD $0 - $99,999

$100,000 - Unlimited*
1.10%

1.25%
0.25%

0.10%
BNS: DYN6003
ADSB: DYN5003
CORPORATE Series F
(Tiered)
USD $0 - Unlimited* 1.35% n/a BNS: DYN6007
ADSB: DYN5007

 

Rate decrease applies to all issuers of ISA as indicated above.
Funds codes for issuers not named in the table above can be located at: https://ads.scotiabank.com/Rates
For corporate ISA purchases over $50MM, please contact 1-866-884-3434 for approvals.

For more details, please speak with one of our ISA Specialists today at: 1-866-884-3434.

 

Deposits are eligible to be insured under the CDIC Act only if they are in Canadian currency, have a term of 5 years or less and are payable in Canada.

1Interest rates are quoted per annum as of September 24th, 2019 and subject to change without notice. Interest is calculated daily on the opening balance of the account, excluding the date of purchase and is paid monthly on the last Friday of each month, or if the last Friday of any month is a holiday, on the immediately preceding business day. Daily interest will be calculated by multiplying the applicable annual interest rate by the daily opening balance, and dividing that amount by 365 or 366 in a leap year. Other Terms & Conditions apply. Visit http://ads.scotiabank.com for full details.

**Deposits from Financial Institutions or like entities which intend to hold Scotia and subsidiary ISAs on their own behalf (i.e. banks, mutual funds, credit unions, etc.) are prohibited.

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