Overdraft Protection

With Overdraft Protection, your cheques, withdrawals, pre-authorised payments, and debit card purchases are honoured up to your predetermined overdraft limit1. Enjoy true peace of mind: your post-dated cheques and unexpected expenses are automatically covered.

Overdraft Protection makes sense. Here’s why:

  • Only a nominal charge applies for each month you carry a balance
  • You can arrange the limit that suits you best, from $250 to $5,000
  • It’s available for most personal Chequing and Savings Accounts when you maintain a positive balance for 24 consecutive hours every 30 days
  • A one-time fee is all it takes to activate the service

Arrange Overdraft Protection today by visiting your Scotiabank branch.

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