Deposit Accounts
Savings Accounts
Effective date: October 15, 2026
| Account | Interest Rate | Minimum Average Daily Balance | Minimum Opening Deposit | Annual Percentage Yield |
|---|---|---|---|---|
| Day of Deposit Savings | 0.25% | minimum $50 average daily balance required to earn interest | $25 | 0.25% |
| Young Savers | 1.00% | minimum $50 average daily balance required to earn interest | $5 | 1.00% |
| Club Accounts | 0.20% | minimum $50 average daily balance required to earn interest | $1 | 0.20% |
* Rate may change after account opening.
* Fees may reduce earnings on account.
Interest Checking
Effective date: October 15, 2026
| Account | Interest Rate | Minimum Average Daily Balance | Minimum Opening Deposit | Annual Percentage Yield |
|---|---|---|---|---|
| Interest Checking | 0.10% | minimum $500 average daily balance required to earn interest | $500 | 0.10% |
* Rate may change after account opening.
* Fees may reduce earnings on account.
Tiered Money Market Accounts
Effective date: October 15, 2026
| Tier | Interest Rate | Minimum Opening Deposit | Average Daily Balance needed to earn stated APY | Annual Percentage Yield |
|---|---|---|---|---|
| 1 | 1.14% | $10,000 | $2,500 to $99,999 | 1.15% |
| 2 | 1.49% | $10,000 | $100,000 to $499,999 | 1.50% |
| 3 | 2.33% | $10,000 | $500,000 to $1,499,999 | 2.35% |
| 4 | 3.20% | $10,000 | $1,500,000 and over | 3.25% |
* Rate may change after account opening.
* Fees may reduce earnings on account.
**Annual Percentage Yield (APY) shown valid only on new money not currently on deposit with 1st National Bank of Scotia. Account is a variable rate account and the APY may change at the bank’s discretion. The minimum deposit to open is $50,000. Rate guaranteed for 9-months from opening date.
Health Savings Accounts
Effective date: October 15, 2026
| Tier | Interest Rate | Minimum Opening Deposit | Average Daily Balance needed to earn stated APY | Annual Percentage Yield |
|---|---|---|---|---|
| 1 | 0.15% | - | Below $500 | 0.15% |
| 2 | 0.23% | - | $500 to $2,499 | 0.23% |
| 3 | 0.40% | - | $2,500 to $9,999 | 0.40% |
| 4 | 0.61% | - | $10,000 and over | 0.61% |
* Rate may change after account opening.
* Fees may reduce earnings on account.