ADS ISA BONUS: CAD Personal & Corporate Investment Savings Account (ISA) Rates – OCT 1 2020 – MAR 26 2021

Has your client invested in a Scotiabank Investment Savings Account? Take advantage of our bonus interest rate1,2 – an extra 0.25% on top of the posted rate – effective October 1, 2020 until March 26, 2021 for any new Canadian dollar depositsǂ. Existing balances prior to the beginning of the promotion will not be eligible for the bonus interest rate.

What you need to know?

The bonus interest rate is applicable to Personal and Corporate/Non-Personal accounts for balances in Canadian currency only. The bonus interest rate has been inserted into the existing fund codes for your dealer so your client will automatically start earning the bonus interest following a new Canadian dollar deposit! Any exchange transactions between ISA fund codes will not qualify for the ISA bonus rate.

(Posted Interest Rate + Bonus Interest Rate 0.25%) + Trailer Fee = All-In New Rate

Fund Codes and Posted Rates

PERSONAL CLIENTS
Series Currency Investment Amount Interest Rate1 Bonus Rate1,2 Client Rate Trailer Fee Issuer: FundServ
Series A
(Tiered)
CAD $0 - $99,999

$100,000 - Unlimited
0.40%

0.40%
0.25% 0.65%

0.65%
0.10%

0.10%
BNS: DYN6000 ADSB: DYN5000

MTCC: DYN3064 NT: DYN3054

SMC: DYN3074
Series F CAD $0 - Unlimited 0.50% 0.25% 0.75% n/a BNS: DYN6004 ADSB: DYN5004

MTCC: DYN3065 NT: DYN3055

SMC: DYN3075
CORPORATE / NON-PERSONAL CLIENTS
CORPORATE Series A
(Tiered)
CAD $0 - $99,999

$100,000 - Unlimited*
0.40%

0.40%
0.25% 0.65%

0.65%
0.10%

0.10%
BNS: DYN6002

ADSB: DYN5002
CORPORATE Series F
(Tiered)
CAD $0 - Unlimited* 0.50% 0.25% 0.75% n/a BNS: DYN6006

ADSB: DYN5006

 

The ISA bonus interest rate offer applies to the issuers of ISA as indicated above.
Fund 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.

 

ǂ"New Canadian dollar deposits" means new money in Canadian dollars to Scotiabank Group of Companies deposited into a Scotiabank Investment Savings Account (ISA). Existing balances as of October 1, 2020 will not be eligible for the bonus rate.

1Interest rates are per annum as of October 1, 2020 and subject to changes without notice or until end of promotion: March 26, 2021. 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.

2Exchange transactions between ISA fund codes will not qualify for the bonus interest offer.

*For corporate ISA purchases over $50MM, please contact 1-866-884-3434 for approvals. 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.

For more information on deposit insurance refer to the CDIC brochure “Protecting Your Deposits” or call CDIC at 1-800-461-2342 or visit the CDIC website.

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