Scotiabank Momentum Plus Savings Account - 2.7% Interest Rate Apr 9 to Aug 31, 2020 | Scotiabank | Discussion forum

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Scotiabank Momentum Plus Savings Account - 2.7% Interest Rate Apr 9 to Aug 31, 2020
April 13, 2020
6:55 am
Nehpets
Ontario
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December 20, 2016
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Details On Scotiabank Website HERE

Earn up to 2.70%* interest for a limited time.

Here’s how you can earn up to 2.70%* interest until August 31, 2020:

Regular Interest Rate (0.15%)1,
Premium Period Interest Rate (up to 1.10%2, based on the premium period chosen; see here for rates),
Ultimate Package Interest Rate Boost (0.10%)3, and
Limited Time Bonus Interest Rate Offer (1.35%)

Here’s how to qualify for the Limited Time Bonus Interest Rate Offer:
1. Hold a Scotiabank MomentumPLUS Savings Account and an Ultimate Package within the Offer Period (defined below);
2. Complete the Campaign Enrollment process by August 31, 2020 11:59 pm EST. For jointly held Accounts, all owners on the Account must enroll and agree to the Terms & Conditions;
3. Make an eligible deposit into your Scotiabank MomentumPLUS Savings Account; and
4. You must be a personal customer (non-personal customers, e.g. small business, are not eligible).

The Bonus Interest Rate Offer is applicable to eligible deposits from another bank or financial institution deposited between April 9, 2020 and August 31, 2020 (the “Offer Period”) into a new or existing Scotiabank MomentumPLUS Savings Account.

Additional terms apply. See Bonus Interest Rate Offer Terms & Conditions for full details, including a description of how Bonus Interest is calculated.

Lottsa, lottsa conditions....sf-laugh

Stephen

April 13, 2020
7:35 am
Peter
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Forum Posts: 1444
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May 15, 2007
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Some discussions about previous, similarly complex promos:

Winter 2020

Fall 2019

April 26, 2020
3:58 am
cruzinalong
Ontario
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Forum Posts: 223
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April 15, 2020
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Nehpets said
Details On Scotiabank Website HERE

Earn up to 2.70%* interest for a limited time.

Here’s how you can earn up to 2.70%* interest until August 31, 2020:

Regular Interest Rate (0.15%)1,
Premium Period Interest Rate (up to 1.10%2, based on the premium period chosen; see here for rates),
Ultimate Package Interest Rate Boost (0.10%)3, and
Limited Time Bonus Interest Rate Offer (1.35%)

Here’s how to qualify for the Limited Time Bonus Interest Rate Offer:
1. Hold a Scotiabank MomentumPLUS Savings Account and an Ultimate Package within the Offer Period (defined below);
2. Complete the Campaign Enrollment process by August 31, 2020 11:59 pm EST. For jointly held Accounts, all owners on the Account must enroll and agree to the Terms & Conditions;
3. Make an eligible deposit into your Scotiabank MomentumPLUS Savings Account; and
4. You must be a personal customer (non-personal customers, e.g. small business, are not eligible).

The Bonus Interest Rate Offer is applicable to eligible deposits from another bank or financial institution deposited between April 9, 2020 and August 31, 2020 (the “Offer Period”) into a new or existing Scotiabank MomentumPLUS Savings Account.

Additional terms apply. See Bonus Interest Rate Offer Terms & Conditions for full details, including a description of how Bonus Interest is calculated.

Lottsa, lottsa conditions....sf-laugh

Stephen  

Too many if's for lots of normal people to consider. Stand aside.

June 1, 2020
7:37 pm
lacks
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June 1, 2020
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After some math, I get an effective rate of 1.6875%, if you complete all their conditions to get the promo.

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