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We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Finances

How to apply for the Scotiabank Preferred Package

In this article we are going to walk you through the application process for the Scotiabank Preferred Package account. Keep reading if you want to learn more!

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Get a welcome bonus, free interac e-transfers and waivable monthly fee!

Apply Scotiabank Preferred Package
How to apply for a Scotiabank Preferred Package? Source: Adobe Stock.

To apply for the Scotiabank Preferred Package Account, you can easily start the process online. This account offers a blend of features tailored for your banking needs.

Curious about the steps involved? Read our full article for a guide on how to successfully apply for the Scotiabank Preferred Package Account and unlock its benefits.

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Checking Account

Preferred Package

checking savings

Unlimited Interac e-Transfer transactions and savings rate of up to 2.35%.

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Unlimited Interac e-Transfer transactions and savings rate o…

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Apply Online

Apply Scotiabank Preferred Package
Learn how to apply for a Scotiabank Prefrred Package online. Source: Adobe Stock.

If you want to learn how to apply for a Scotiabank Preferred Package online, we’ll show you how. First, on Scotiabank’s website.

Then, run your cursor over the “Bank Accounts” option right below the Scotiabank logo. The website will reveal a dropdown menu where you will find the option “Chequing accounts”.

The website will then show you all of Scotiabank’s chequing account options. Click on “View Preferred Package”. On the next page you will see everything this account has to offer.

Click on “Get the Preferred Package”. The website is going to ask you if you already have any Scotiabank products. If you don’t, click “no” and apply as a new customer.

Next, confirm the information required and hit continue. Then, enter your first and last names, primary phone number and email address.

Now you must create a username and a password, as well as check the box confirming you have read and agreed to the Scotiabank Privacy Agreement.

You must then enter your date of birth and hit continue. Now enter your address and hit continue once again. You will then have to enter your employment information.

Once you hit continue, you must review your application and then submit it. You should be getting your confirmation that your account has been approved within a few business days.

Apply via mobile app

Firstly, to apply for Scotiabank Preferred Package using their mobile app, download and open the Scotiabank mobile app. The app’s intuitive design makes the initial step straightforward.

Next, navigate to the ‘Open a New Account’ section. Here, you’ll find various account options, including the Scotiabank Preferred Package. Select it to proceed.

Then, the app will guide you through a series of steps. You’ll need to provide personal details. Ensure accuracy for a smooth process.

Finally, review and submit your application. Once submitted, you’ll receive a confirmation, and Scotiabank will process your application.

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Scotiabank Preferred Package vs. RBC Bank

The Scotiabank Preferred Package stands out with its fee waiver options and robust features. It’s an ideal choice for those seeking a comprehensive banking experience.

As an alternative, consider the RBC Bank Account. RBC offers a range of accounts suitable for different banking needs, providing flexibility and convenience.

RBC’s accounts often come with their own set of unique features, like low or no monthly fees, rewards, and digital banking options, catering to a modern banking lifestyle.

ATM FeesAccount holders are entitled to one free non-Scotiabank ATM withdrawal per month in Canada. After this, there may be fees for using non-Scotiabank ATMs.RBC does not charge its customers for ATM transactions at RBC machines. However, for using ATMs owned by other banks, there might be charges imposed by those banks.
Minimum balanceTo waive the monthly account fee, you need to maintain a minimum daily closing balance of $4,000 for the entire month.There are no minimum balance requirements.
Monthly feeThe account has a monthly fee of $16.95. However, this fee can be waived if the required minimum balance is maintained throughout the month.Fees vary according to the type of account you want with RBC, ranging from $0 to $30.

For more details on RBC’s offerings and how to apply, explore the link below. Find the account that best suits your financial needs and learn the application process.

RBC Bank

How to open a RBC Bank account

Learn how to easily and quickly open an account with RBC Bank using our step-by-step guide.

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How to open a RBC Bank account

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We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

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Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post. That said, the compensation we receive from our affiliate partners does not influence the recommendations or advice our team of writers provides in our articles or otherwise impact any of the content on this website. While we work hard to provide accurate and up to date information that we believe our users will find relevant, we cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

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