Scotiabank Preferred Package for Students & Youth

Scotiabank's most recent welcome offer on the Preferred Package for Students & Youth ran from January 2 until July 1, 2026, and paid $175 in cash.

To qualify, new account holders needed to complete two of three qualifying activities within 60 days of opening.

Scotiabank refreshes these offers regularly, so keep an eye out for the next one.

The Preferred Package for Students & Youth has no monthly fee for as long as you remain eligible.

Eligibility covers anyone under 25, along with those 25 and older who are enrolled full-time in a post-secondary program.

The plan includes unlimited transactions, so everyday banking won't cost you anything.

This is the student and youth version of Scotiabank's Preferred Package, with unlimited debit transactions and unlimited Interac e-Transfers.

You'll earn Scene+ points on the account, and there's a first-year rebate of up to $150 on the fee of an eligible Scotiabank credit card.

Plus, account holders get free trades with Scotia iTRADE, a waived monthly fee on a USD account, and savings of up to 3 cents per litre on fuel at Shell.

Deposits are eligible for CDIC coverage.