What Is Scotiabank Momentum Plus Savings Account

what is scotiabank momentum plus savings account

Understanding the Scotiabank Momentum Plus Savings Account

The Scotiabank Momentum Plus Savings Account is designed for customers who aim to grow their wealth by offering high-interest savings. Unlike traditional savings accounts, the Momentum Plus gives you the flexibility to improve your interest rate based on the length of your savings period. This article will delve into the depths of the Scotiabank Momentum Plus Savings Account and shed light on how its features can be accessed via online banking, mobile app, and calling customer service.

Accessing Through Online Banking

Scotiabank's online banking system provides an intuitive and robust platform that allows customers to manage their Momentum Plus Savings Account. By navigating to the 'Accounts' section after logging in, you can view your current balance, recent transactions, and your escalating interest rate. From here, you can also set up transfers to and from your account, determining the length of your savings period to maximize your interest gains.

Using the Mobile App

The Scotiabank mobile app offers a convenient method to manage your Momentum Plus Savings Account on the go. The user-friendly interface allows ease of navigation, from viewing your current balance and transactions to managing your savings period. The app also comes with additional features such as mobile cheque deposit, allowing you to boost your savings without needing to visit a branch. Furthermore, real-time notifications keep you updated on your escalating interest earnings, helping you make the best financial decisions.

Calling Customer Service

If you prefer human interaction or need further assistance, Scotiabank's customer service is readily available. By calling their toll-free number, you can speak directly with a banking advisor who can answer your questions and guide you in managing your Momentum Plus Savings Account. The advisors can explain your current interest tier, the benefits of extending your savings period, and how to transfer funds. They can also help with any technical issues you may be experiencing with online banking or the mobile app.

Conclusion

The Scotiabank Momentum Plus Savings Account is an innovative savings solution crafted with the customers' needs in mind. Its flexibility and escalating interest rate make it a unique option for those looking to grow their wealth. Whether you prefer online banking, mobile app management, or the assistance of a customer service representative, Scotiabank ensures your experience is smooth, secure, and ultimately beneficial.