Increased CAD Rates: Corporate Investment Savings Account (ISA) Rate – MAY 8 2020

New Increased Rates on our CAD dollar suite of Corporate ISA funds. Scotiabank ADS has increased our base rate on our Corporate ISA CAD funds by 0.05%, effective as of MAY 8, 2020

 

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

$100,000 - Unlimited*
0.40%

0.40%
0.10%

0.10%
BNS: DYN6002

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

ADSB: DYN5006

 

Rate increase applies to all 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.

 

11Interest rates are quoted per annum as of May 8th. 2020 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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