student banking

Scotiabank is giving students the chance to win a $30,000 scholarship

With inflation, rising rental prices, increasing tuition rates and more, this school year may be one of the toughest financially for students in Canada, who are eager to get back on campus after so many years of lockdown and virtual learning.

That's why Scotiabank is making things a little easier with special promotions directed specifically at those embarking on higher learning, which can unfortunately come with a price tag that's difficult on some, and downright prohibitive for others.

This fall, Scotiabank is offering a unique student banking bundle with tons of perks to earn up to $150**.

A $75 cash welcome bonus for new Student Banking Advantage® Plan customers, 1,250 Scene+ points if you sign up for the Scene+™ Visa* card and 1,250 Scene+ points for the MomentumPLUS Savings Account and a bonus 5,000 Scene+ points when you open all three accounts.

student banking

Easily pay for textbooks, lunch breaks, coffee runs and more with a new student plan from Scotiabank.

The Student Banking Advantage Plan is a worry-free account perfect for post-secondary, with no monthly account fee (1), unlimited debit transactions and Interac† e-Transfer transactions (2), and more.

The Scene+ loyalty benefits are the icing on the cake, with one Scene+ point earned on every $5 spent on daily purchases and for every $1 spent at Cineplex (3). The points can then be redeemed toward entertainment, dining, travel, shopping, and banking — some important freebies when everything keeps getting progressively pricier (4).

Along with the student plans, Scotiabank is also giving a couple lucky learners a whopping $30,000 each to help pay for their studies through the Scotia Funds Your Future contest* - which ends on January 31, 2023!

student banking

The Scotia Funds Your Future contest is giving away $30,000 each to two lucky students.

Any eligible student in Canada, customer or not, can easily apply for the offer online. The more accounts you sign up for, the more entries you can earn, with a maximum of six chances for the scholarship prize!

The financial institution will select one domestic and one international student to win and have their worries — and the strain on their wallets — eased with a scholarship that will help them focus on their studies instead of stressing about their finances.

Enter on Scotiabank's website and make an in-branch appointment for your best chance to win, and save, with the bank's one-of-a-kind student banking options.

Things our lawyers want you to know

*See full Official Contest Rules and Regulations at

** Value of up to $150 in welcome bonuses with the Scene+™* Student Banking Bundle includes a $75 cash bonus and up to 7,500 in Scene+ points (valued at up to $75) as follows:

i. $75 cash offer for new Student Banking Advantage® Plan customers

ii. 1,250 Scene+ points for new Scotiabank® Scene+™ Visa* Card customers

iii. 1,250 Scene+ points for new customers who combine the products above with a new MomentumPLUS Savings Account

iv. 5,000 Scene+ points when you complete all of the above

† Interac e-Transfer is a registered trademark of Interac Corp. Used under license.

® Registered trademarks of The Bank of Nova Scotia

1  Eligibility: you are eligible for the Student Banking Advantage Plan (chequing account) if you are enrolled full-time in a university, community college, or another recognized post-secondary institution in Canada or the United States. You will be required to confirm your student status by providing proof of enrollment. 

What happens when you’re no longer a student? When your student status expires based on Scotiabank’s records or you have failed to provide proof of enrollment confirming your full-time student status, the plan will be removed and the account will be converted to the Preferred Package as of December 1st following the date of your student status expiry. 

2 Additional fees apply for shared ABM services, cross-border debit transactions and other banking services not included in the Student Banking Advantage Plan account package.

3 Customers earn 1 Scene+ point for every $1 spent using their Scene+ ScotiaCard debit card on purchases made at Cineplex Entertainment theatres and online at . Gift cards are excluded. Maximum Scene+ points that can be earned per transaction are 300. Maximum daily Scene+ points that can be earned are 600. Some conditions and limitations apply. Visit  for complete details.

4 You are awarded two (2) Scene+ points for every $1.00 in grocery, dining, entertainment and daily transit purchases charged and posted to the Scotiabank Passport Visa Infinite Account (referred to as the “Accelerated Earn Rates”). See below for the Spend Threshold that applies to this Accelerated Earn Rate. You are awarded one (1) Scene+ point for every $1.00 in all other purchases of goods and services charged to the Scotiabank Passport Visa Infinite Account (the “Regular Earn Rate”).

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Getty Images via Scotiabank

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