Scotiabank Sucks

Scotiabank deactivating ATM cards without notice

2011-11-21T13:35:00.001-08:00

I have had a year of one thing after the other until we finally decided to take our business elsewhere. We are in the process of switching banks right now and it is a bit of an inconvenience and I started to question if it was worth it to switch when my husband called to say his $20 interac purchase with his Scotiabank atm card was rejected. He tried the savings and chequeing accounts and was rejected and rejected. I assured him we have well over twenty dollars in each of those accounts and verified this online. He confirmed that the password is correct and that the swipe strip was working. We checked our purchases for the day to ensure that we were nowhere near our daily limit and then I called Scotia to find out what happened. I was told that they have started deactivating all cards without chips. Without notice, beware your card could work today and not work tomorrow.

Send Us Your Scotiabank Stories

2011-11-19T23:30:00.000-08:00

A behind the scenes look at the price-gouging policies of Scotiabank (from Scotiabank insiders), and how Scotiabank's supposedly fee-free accounts rip off children.

This site is also open to the public for submissions. Send us your Scotiabank stories of mistreatment and we will post them:

Click here to contact the Manager

Scotiabank Rips Off Children

2011-10-27T08:58:00.000-07:00

Earlier this year, after scanning a statement for my daughter's fee-free account, I noticed a $2.00 bank charge listed. The charge was noted as "passbook update."

The Scotiabank website lists their "Getting There" account as fee-free.

From Scotiabank's "Getting There" web page:

Paperless - no charge
Paper Statement - no charge
Paper Statement with Cheque Image Return - no charge
Passbook - no charge

After reviewing my children's accounts, I realized that Scotiabank has been ripping off all of their accounts for years.

Scotiabank's website states that the "Getting There" account is
"an excellent way for minors to learn the basics of good money management by saving each month."

The real lesson Scotiabank is teaching our children: "Our bank deceives you to rip you off from an early
age. Get used to it while you're still in diapers."

So, shame on you , Scotiabank, for ripping off children. I never thought it possible for a bank to sink so low.

Scotiabank's "Getting There" account, the "There" standing for "Robbed."

-Kenneth J. Harvey, Newfoundland

Scotiabank Must Really Hate Seniors

2011-10-17T01:23:00.000-07:00

Well I would have thought ScotiaBank would treat their Seniors much
better than they do. We have a Scotia Gold Card, and I suppose thats ok,
but now that we are 65 years old some of the benefits are no longer
available to us Seniors. When I questioned ScotiaBank I was told it was
because of cost. Do they not realize that Seniors have more money
invested with them than our younger counterparts. We Seniors may owe
less because our mortgages are paid off, there fore not as much revenue
from us, but we still have the bulk of investments or does that not
count for anything? Well obviously it does not, and we are now treated
as nonpersons.
Benefits no longer available from Scotia Gold Visa Card Benefits Trip
Cancellation/Interruption and Travel Emergency Medical Available for
People Under 65 Years of Age Only.
Bad, Bad, Bad, ScotiaBank.
I will cancel my Gold Card A.S.A.P.
-Donald

Too Old to be a Scotiabank Customer

2011-10-14T04:19:00.000-07:00

Scotiabank told us my mother is too old to co-sign a mortgage with us. I do believe they screwed up under the Ontario Charter of Rights and Freedoms. I'm currently diggin into this matter further.

-Jeffrey L.