The bonus interest earned during the Bonus Rate Period will be calculated daily and paid monthly. New Deposits will also continue to earn interest at the posted annual interest rate for the SSAA. SSAAs held within a TFSA, RRSP, RRIF, LIF, Registered Locked-In RSP, RESP, RDSP or any other registered plan or non-registered account at Scotiabank are not eligible for this Bonus Rate.ĭuring the Bonus Rate Period, the Bonus Rate will be earned only on that portion of the SSAA daily closing balance that is greater than the SSAA daily closing balance as of Aug(“New Deposits”). The bonus interest rate of 4.25% (the “Bonus Rate”) applies to New Deposits (defined below) made into an eligible Scotiabank Savings Accelerator Account (“SSAA”) between Augand Janu(the “Bonus Rate Period”).Įligible SSAAs include only those held within a First Home Savings Account (FHSA).