Guess who pays the highest rate of interest of the Big Five Banks?

Transcription

1 Guess who pays the highest rate of interest of the Big Five Banks?

2 We do.

3 Naturally, you want to earn as much as you can on your savings. You also want the flexibility and control to access your money when and how you want, without it costing you high fees or interest penalties. Maybe you ve considered other high interest savings accounts but questioned whether they really deliver the value they promise. Besides, many accounts have complicated tiered-interest structures that require you to maintain a substantial minimum balance. If you want to earn more interest on every dollar and keep your savings with a financial institution you know, guess what? Now you can.

4 Get a Scotiabank Money Master High Interest Savings account. It pays the highest interest rate Based on a comparison of similar accounts at Canada s Big Five banks, Scotiabank s Money Master High Interest Savings account pays the highest rate of interest on your savings.* It pays the same high interest rate from the first dollar saved Our Money Master account is the only account to pay you a higher rate of interest from the very first dollar you put in. No need to reach a certain limit or maintain a minimum balance. Your interest grows daily and is paid monthly. It can cost you nothing in fees There are no monthly fees and no fees to transfer money between accounts using Scotia OnLine Internet Banking and TeleScotia telephone banking services. That means if you transfer money between your Money Master High Interest Savings account and any of your other Scotiabank accounts, it costs you absolutely nothing to earn higher interest. If you must withdraw funds directly from your Money Master account at a Scotiabank branch, through Interac Direct Payment or ABM, a $5.00 charge will apply. It s offered by a full-service bank The Money Master High Interest Savings account is offered by Scotiabank, a full-service bank you know and trust. We re here to help you 24 hours a day, 7 days a week. Simply call SCOTIA ( ), visit or visit one of our more than 1,000 branches. * Rates as of June 10, 2002

5 We pay the highest rate of interest of the Big Five banks. No matter how much you save in your Money Master account, your money earns interest at a higher rate than any of the other Big Five Canadian banks. * Plus, your interest is calculated daily on every dollar from day one. Over time, that really adds up. See how much more you can earn on $4,500 in one year! BMO Premium Rate $ Scotiabank s Money Master High Interest Savings account TD/CT Guaranteed Investment Account $0.00 RBC Money Maker Plus $4.50 CIBC Premium Growth $15.78 $ % 2.00% 0.00% 1.25% 0.35% 1.65% 1.00% 2.00% 2.25% Chart shows a comparison of rates and dollars earned on an investment of $4,500 over 12 months. * Rates as of June 10, 2002

6 Open your Money Master High Interest Savings account on your own, in minutes. Easy and convenient set-up If you like using the Internet or telephone to do your banking, then you ll really appreciate this. You can open your Money Master High Interest Savings account on your own, in minutes. Simply go to or call SCOTIA. If you are an existing Scotiabank customer, you won t even need to visit a branch. Real time access Your Money Master High Interest Savings account balance is always available to you through Scotia OnLine Internet Banking, TeleScotia telephone banking, at any Scotiabank Automated Bank Machine or via your browser enabled wireless device, in real time, at any time. The flexibility to manage your money Access the money in your Money Master High Interest Savings account anytime you want. Do it by transferring to your regular Scotiabank chequing or savings account by phone or internet and it won t cost you an extra cent.

7 Not earning enough interest at your bank? Let us transfer it into your Money Master account now. If you currently have savings at another bank that could be earning more interest, we can transfer that money into a Money Master High Interest Savings account automatically. It s as simple as using our Bank-to-Bank Transfer service through Scotia OnLine, or calling and letting us do it for you. Start earning more interest today. Go to Or call SCOTIA ( )

8 Earn higher interest online with Money Master High Interest Savings account. Highest interest rate of the Big 5 Canadian banks No fees for unlimited internet or telephone transfers between accounts Interest earned daily, paid monthly Free internet or telephone transfers from other financial institutions Open yours today at Or call SCOTIA ( ) Brochure available in alternate format. Call Registered trademarks of The Bank of Bank of Nova Scotia. Trademark of The Bank of Nova Scotia. The Bank of Nova Scotia authorized user. All information contained in this brochure was accurate as of June 10, 2002 and is subject to change without notice.