Scotia iTRADE · Online brokerage promotions · Expired
Receive 1% on external transfers, up to $6,000
Scotia iTRADE rewards qualifying net new assets, with the highest cash rate reserved for external transfers.
How this promotion works
Up to $6,000 guaranteed cash
External transfers earn 1%; transfers from the Scotiabank group receive a fixed tier from $25 to $3,000. The combined cash reward cannot exceed $6,000.
- Transfers from outside the Scotiabank group: 1%At least $2,500 qualifying amount; $6,000 rule cap$25 cash at the stated minimumThe combined external-transfer and Scotiabank-group cash reward cannot exceed $6,000.
- $2,500 to $4,999.99 from the Scotiabank group: $25$2,500 to $4,999.99 qualifying amount
- $5,000 to $24,999.99 from the Scotiabank group: $50$5,000 to $24,999.99 qualifying amount
- $25,000 to $49,999.99 from the Scotiabank group: $125$25,000 to $49,999.99 qualifying amount
- $50,000 to $249,999.99 from the Scotiabank group: $250$50,000 to $249,999.99 qualifying amount
- $250,000 to $499,999.99 from the Scotiabank group: $450$250,000 to $499,999.99 qualifying amount
- $500,000 to $999,999.99 from the Scotiabank group: $900$500,000 to $999,999.99 qualifying amount
- $1 million to $1,999,999.99 from the Scotiabank group: $1,800$1,000,000 to $1,999,999.99 qualifying amount
- $2 million or more from the Scotiabank group: $3,000At least $2,000,000 qualifying amount
Other rewards, excluded from cash comparison
- temporary benefitNew clients can receive a cash rebate of up to $9.99 per eligible mobile-app stock, exchange-traded fund, or option trade. This temporary trade benefit is excluded from guaranteed cash.
Normal recurring account fees, not promotion eligibility
- Cash
- Conditional
- Tax-free savings account (TFSA)
- Free · $0
- Registered retirement savings plan (RRSP)
- Conditional
- First home savings account (FHSA)
- Free · $0
- Who it is for
- New and existing Scotia iTRADE clients; a separate mobile-trade rebate is limited to new clients.
- Qualifying action
- Transfer at least $2,500 in net new cash or assets from outside Scotia iTRADE; the source determines the applicable reward tier.
- Apply or enrol by
- Fund by
- How to apply
- Use code SUM26 when opening a new account; existing clients funding an existing account use the online enrolment form.
- Holding requirement
- Maintain the cash-reward qualifying amount through July 30, 2027; new clients must maintain at least $2,500 through December 31, 2026 for the trade rebate.
- Reward timing
- The mobile-trade rebate is paid by January 29, 2027; the cash reward is paid by August 31, 2027.
Key conditions
- Withdrawals or transfers out of any Scotia iTRADE account reduce the qualifying amount under the offer's allocation rules.
- The combined external-transfer and Scotiabank-group cash reward cannot exceed $6,000.
- Trade rebates cover up to $9.99 per eligible mobile-app trade; option contract fees and trades modified outside the app are excluded.