CFIB members receive discounts on the standard monthly fees for the account plans listed below, as well as a free Cheque Essentials Kit when opening a new account.
CFIB members receive preferred rates or waived application fees on the following credit products:
CFIB members receive a 20% discount on the standard monthly fees of a Scotia Professional® Credit Line or Scotia Professional® Overdraft Protection.
If your annual revenue is $15 million or more - or you have borrowing requirements of more than $500,000 – you may be eligible for Scotiabank’s Commercial Banking services.
Owners of CFIB member businesses, as well as their employees, can take advantage of the following offers:
ScotiaConnect® electronic banking is more than online banking. It’s for businesses of every size that require more sophisticated online cash management. CFIB members receive a 20% discount on the standard monthly fees for any ScotiaConnect plan of $9.95 and more.9
YES! Show me how much I can save!
Find a small business advisor near you or Call 1-877-878-1473 to discover how you can take advantage of CFIB exclusive offers!
No. How do I get these savings?
When you join CFIB, you can save up to $5,000 per year on essential business services. Our partners, including Scotiabank, offer discounts in areas such as banking, payroll processing, insurance, and email marketing.
1Not applicable to government guaranteed loans under CSBFA and FIMCLA. Subject to credit approval and security provided. Interest charges apply. 2A business account at Scotiabank is required. Subject to credit approval and security must be provided. Interest charges apply. 3Subject to credit approval and security must be provided. Interest charges apply. For credit lines, a business account at Scotiabank is required. Not applicable to government guaranteed loans under CSBFA and FIMCLA. Final rates cannot be below Scotiabank Prime. Prime rate subject to change. 4Scotiabank Prime refers to the Prime Lending Rate of The Bank of Nova Scotia as published from time to time. Scotiabank Prime Rate as of September 7, 2017 is 3.20% and is subject to change. 5Subject to credit approval and security provided. Interest charges apply. After 6 months, the interest rate will increase to the prevailing interest rate (as low as prime +2.49%, on an unsecured basis, effective November 1, 2013), less the 0.50% CFIB discount. Subject to change. 6Subject to credit approval and security provided. Interest charges apply. 7Subject to meeting Scotiabank and its insurers’ lending criteria. Minimum 1% discount is in comparison to regular posted rates, applies only to 5 and 7-year terms and cannot be combined with any special offer. Offer may vary without notice. 8Credit products are subject to credit approval and security provided (if applicable). Interest charges apply to them. For GICs the interest rate is compounded annually and paid annually or at maturity. The GIC bonus cannot be combined with any other offer including special rate offers and is only available on 1 year Cashable GICs and non-redeemable GICs with terms of 1 to 5 years with a $1,000 minimum investment. This GIC offer may be discontinued at any time without notice (excluding RESPs). 9 Businesses with annual revenue over $15,000,000 or with borrowing needs over $500,000 are defined as commercial banking clients by Scotiabank. ScotiaConnect® is available to commercial banking clients, but the 20% discount does not apply. For commercial banking, pricing on these products varies per business and is negotiated on a case by case basis. Commercial banking clients should contact their relationship manager.