Scotia Bank helping newcomers with special offer

Scotiabank Helping Newcomers to Canada with a Special Offer Designed to Make Banking Easier

StartRight® with up to $1,250 in welcome bonuses, savings & benefits for newcomers

TORONTO – April 13, 2021 – Scotiabank is celebrating spring with some exciting offers. Between now and July 29, 2021, clients who open Scotiabank’s Preferred Package bank account and the Scotia Momentum® Visa Infinite* card can earn up to $650 in welcome bonuses. Plus, as a newcomer, when you sign-up for the StartRight® Program you can get up to an additional $600 in exclusive savings in your first year – that’s a combined first year value of up to $1,250! 

The StartRight Program is tailored for newcomers, with advice and products that help newcomers start their new life in Canada today while building for a successful future. With exclusive savings such as a bank account with no monthly account fees for the first year and simplified credit card approval that allows you to build your credit history, the StartRight  Program makes it easier for newcomers to live and bank in Canada.

As a newcomer with Scotiabank, you can get a first-year value of $1,250 in bonuses and savings across several products and solutions, such as: 

  • One year of no monthly account fees with unlimited debit transactions and Interac e-Transfer transactions.
  • Free international money transfers.
  • Free safety deposit box for 1 year.
  • Points on every purchase with either the SCENE®* or Scotia Rewards program. 
  • A credit card with no credit history required. Plus first-year annual fee waiver on select credit cards.
  • 10 free equity trades when you invest a minimum of $1,000 in a new iTRADE® account.

Scotiabank understands that moving to Canada is an exciting but overwhelming time in life. That’s why Scotiabank’s trusted Advisors are available to help newcomers identify their goals and plan for their financial future. Scotiabank’s Life in Canada website offers personal stories, articles and resources to educate newcomers about banking in Canada, including how to build and use credit, home ownership and establishing savings.

“As the bank for newcomers, we understand the unique challenges of moving to a new country and figuring out your banking needs,” said Munsif Sheraly, Director of Multicultural Banking at Scotiabank. “Our StartRight program helps simplify banking and living in Canada, so that newcomers can feel at home, faster.”

To get started, visit the StartRight website (, a one-stop destination for those planning or preparing to settle in Canada. 

About Scotiabank 

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of approximately 90,000 employees and assets of approximately $1.2 trillion (as at January 31, 2021), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on Twitter @ScotiabankViews.


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