TORONTO, June 25 /CNW/ - Scotiabank today unveiled three new benefits for
personal banking customers. Today's announcement includes a new Guaranteed
Investment Certificate (GIC) offer, an enhancement to the ScotiaOne account,
and an update to the online account selector tool.
    Until August 4th, Scotiabank will offer a competitive, no-haggle rate of
4.85 per cent on a 24-month non-redeemable GIC. "We know that our customers
are looking to us for industry-leading products and services, and the new GIC
rate is highly competitive in today's market," said Gillian Riley, Managing
Director, Retail Deposits, Scotiabank. "Customers can lock in their investment
today, and enjoy a great return on their savings."
    Also available until August 4th to new and existing customers is a $75
welcome bonus for opening a ScotiaOne bank account. With a low flat monthly
fee, this account provides customers with unlimited ABM, branch, online and
telephone banking transactions. Customers who open a ScotiaOne account and set
up either a direct payroll or pension deposit, or two pre-authorized debits,
will receive the bonus.
    Scotiabank's SCENE entertainment rewards program is a valuable add-on to
the ScotiaOne offer. By linking a ScotiaOne account to the SCENE program and
using a SCENE ScotiaCard, customers can earn points that they can use for
movie tickets or concession treats, simply by using their debit card.
    "By enhancing our account packages and building on innovative programs
like SCENE, Scotiabank can offer our customers a value that is unmatched,"
said Ms. Riley.
    The Bank also announced that the online account selector tool has been
updated to include more features to help Canadians choose the right chequing
account option. "We know the importance of making sure that our customers are
in the account package that best reflects the way that they choose to bank,"
added Ms. Riley. "The account selector tool will help get them there by
suggesting the appropriate account and allowing the customer to compare it to
other accounts offered by Scotiabank."
    Including today's announcements, Scotiabank has launched a series of
benefits for personal banking customers this year:-   As of June 1st, customers who are enrolled in the Scotia Plus(R)
        program for seniors or the Student Banking Advantage(R) Plan are now
        able to conduct unlimited transactions at no additional charge;
    -   As of May 2nd, customers can be part of SCENE(TM), the first Canadian
        entertainment rewards program, and earn points towards free movies at
        all Cineplex theatres including Scotiabank Theatres in Vancouver,
        Edmonton, Toronto and Montreal. Canadians can also sign up for the
        SCENE(TM) ScotiaCard, SCENE(TM) VISA and SCENE(TM) Student VISA cards
        to earn points even faster;
    -   Starting today, Scotiabank is offering a special rate of 4.85 per
        cent for a 24-month non-redeemable GIC;
    -   Customers who sign up for a ScotiaOne account are eligible to receive
        a welcome bonus of $75 cash if they sign up before August 4th.
    -   To help customers find the right account to meet their needs,
        Scotiabank has updated its online account selector."We are continually looking for new ways to better serve our customers,"
said Ms. Riley. "Our ongoing efforts build on our commitment to helping our
customers become financially better off."
    More information on today's announcements can be found at
www.scotiabank.com. To talk to a Scotiabank representative, customers can call
1-800-953-7441 to discuss the GIC offer, or 1-800-4-SCOTIA (1-800-472-6842)
about any other Scotiabank product or service.

    Scotiabank is one of North America's premier financial institutions and
Canada's most international bank. With more than 58,000 employees, Scotiabank
Group and its affiliates serve approximately 12 million customers in some
50 countries around the world. Scotiabank offers a diverse range of products
and services including personal, commercial, corporate and investment banking.
With $412 billion in assets (as at April 30, 2007), Scotiabank trades on the
Toronto (BNS) and New York Exchanges (BNS). For more information please visit
www.scotiabank.com.