Preferred Package
How much does the Preferred Package cost monthly
What is 16.95 or $0 with a minimum daily closing balance of $4000.00
How much does the Ultimate Package Cost
What is $30.95 monthly basis or $0 with a minimum closing balance of $5000 in the Ultimate Package or $30,000 across the ultimate package and MPSA
When did the MPSA offer start ?
What is September 1st, 2021
To qualify for the Preferred rate, the mortgage must be your ___________ residence
What is Principal
What is the welcome bonus offer ?
What is $300.00
What is the welcome bonus offer?
What is $350.00
What is the appreciation bonus interest?
What is 0.40%
How does the advisor know if the customer has met all conditions?
What is
- Please ensure to check the customer offer lookup tool to see which conditions the client has met. Specific to the exclusive offer please ensure to use the postal code look up tool to ensure they are eligible.
What are the qualifying criteria to get the one time cash payment?
What is 2 out of 3 actions
- Make a $50 bill payment through online or mobile banking
- Set up and clear 2 recurring pre-authorized transactions of least $50 in value, recurring for 3 consecutive months
- Set up and clear and eligible recurring direct deposit (Payroll), recurring for 3 consecutive months
What is the final date customers can open Ultimate or Preferred account to be eligible to receive the bonus?
What is December 16th, 2021
What is the highest interest rate you can earn on the MPSA currently ?
What is 0.60%
- Regular interest of 0.05% + Premium Period for 365 Days of 0.45% + Ultimate Package Bonus of 0.10% = 0.60%
What tool can advisors use to recommend and show features of Scotiabank accounts compared to other FI'S and where can it be found
What is
- Competitive Comparison Tool
- It can be found on Scotiabank Live under Retail Products Resource Center Page
Which 3 types of cx are not eligible for the bonus offer.
What is
- Students/ Youth Accounts
- Scotiabank Staff
- Existing chequing account owners who hold or have held a sole or joint account within the last 2 years
What 3 products do customers have preferred rates on?
What is
- Ultimate Rates on GIC'S
- MPSA interest rate boost of 0.10%
- NEW - Preferred rates on mortgages
How will customers be notified that they are enrolled in the offer?
What is through Scotia Online / Scotia Mobile / E-Mail
What four types of credit card are eligible for the fee waiver through the Preferred Package and Ultimate Package and how much is the fee they are saving?
What is
- Scotiabank Gold American Express - $120.00
- Scotiabank Passport Visa Infinite - $139.00
- Scotiabank Momentum Visa - $99.00
- Scotiabank Value Visa - $ 29.00
What are five features of the Preferred Package?
What is
- Unlimited debit transactions
- Unlimited e-transfers
- First year annual fee waiver (up to $139.00) on select cards
- No monthly account fee on a U.S. Dollar Account
- Ongoing interest rate boost of 0.05% on MPSA
- Preferred Rates on GIC's
- Fee waived on one non - Scotiabank ABM withdrawal in Canada per month
What is the Ultimate Package for families?
What is
- Same great Ultimate Package. . .repositioned to help meet the needs of Families!
- Family members can use their joint Momentum PLUS Savings account balances towards their combined minimum balance requirements of $30,000 for rebates to pay $0 on their respective Ultimate Packages
Who is eligible for the MPSA offer ?
What is targeted high value and high affluent customers at a higher risk of moving balances to our competitors.
- This offer is made to support the goal of deepening existing clients relationships with select clients.
What are 3 eligibility requirements to be eligible for preferred rates on the mortgage
What is
- Mortgage under STEP
- At the time of new purchase, switch, refinance or renewal
- Customer must have the Ultimate Package Account prior to mortgage rate commitment
- Preauthorized mortgage payments must be set up from the Ultimate Package account