What Is Premium Period Scotiabank

what is premium period scotiabank

What is Premium Period Scotiabank and How to Avail it through Multiple Channels

Scotiabank, one of the most esteemed financial institutions in Canada, offers not just vast banking options, but also top-tier services. One such feature is the Premium Period option. Designed with customer convenience in mind, this handy feature ups the ante of banking experiences. But what exactly is it and how can clients take advantage of this service? In this detailed guide, we’ll explore the ins and outs of the Premium Period at Scotiabank, and show you how you can avail it through online banking, the mobile app, or even by simply calling customer service.

Understanding Scotiabank's Premium Period

The Premium Period is a special feature offered by Scotiabank to its eligible savings account holders. It offers a praiseworthy added interest rate for a defined duration of time. Customers who meet the defined criteria not only enjoy higher savings growth, but also experience the thrill of optimized banking.

Essentially, Premium Period takes the regular savings rate and gives it an extra boost, allowing users to maximize their earnings. The upgrade to the Premium Period is seamless, provided you meet the predetermined criteria set by Scotiabank.

Availing Premium Period Via Online Banking

One method of availing the Scotiabank Premium Period is through their well-crafted online banking platform. Their highly intuitive site provides all necessary tools and information at just a click away. Here's a step-by-step approach:

  • Firstly, visit the Scotiabank website and log into your account. Navigate through the dashboard until you get to the ‘Account Details’ section.
  • Once there, look for the settings pertaining to ‘Premium Period’.
  • Follow the on-screen instructions to activate your Premium Period option.
  • Upon completion, ensure to save your changes.

Using Scotiabank's Mobile App

Are you an ardent supporter of smartphone banking? Scotiabank's Mobile App turns banking into an effortless task. To activate your Premium Period option through the mobile app:

  • Open the app and log into your account.
  • Access your account details and look for the ‘Premium Period’ settings.
  • Follow the prompts to activate the service. Remember to save all changes before exiting.

Calling Scotiabank’s Customer Service

When digital isn't your thing, and you prefer human interaction, there’s Customer Service. Scotiabank prides itself on its ultra-responsive customer service, always ready to assist. To activate Premium Period via a call:

  • Pick up your phone and dial Scotiabank's Customer Service number.
  • Once connected, choose the option for account services.
  • Explain to the representative that you wish to activate your Premium Period service.
  • They'll guide you through the process. Remember to have your account details at hand.

Regardless of the method you choose, whether online banking, the Mobile App, or calling customer service, Scotiabank makes it easy for you to enjoy the lucrative Premium Period option. The choice you make largely depends on what you find most convenient.

With Scotiabank's Premium Period, your savings account is not just about safekeeping funds, it's also about making those funds grow. So why wait? Utilize Scotiabank's multi-channeled approach and activate your Premium Period option today!