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Scotiabank Ultimate chequing account fee waiver increasing

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in

You will now need to have minimum $100k to have the Ultimate package fee waived across all scotiabank accounts excluding iTrade!!.

Am I understanding this correctly?.

“This update will have a direct impact on the ‘Chexy strategy’ for maximizing cash back. We’re essentially looking at three ways to handle the annual fee moving forward:

– Pay the monthly fee: $30.95/month for the chequing account to get the fee waiver for the credit card.

– Pay the annual fee: Close the chequing account and pay the $120 credit card fee directly.

– The Asset Minimum: Maintain $100k in total assets (Savings, GICs, or Mutual Funds) to waive the costs.”

🤬

Statistics: Posted by cnlola83 — Jan 15th, 2026 7:12 am