Desjardins vs Scotiabank: which is better? Comparison 2026
By our public methodology Desjardins scores 96 out of 100 and Scotiabank scores 93. Below: the factors and facts where they differ, each fact with its source.
Score breakdown
| Desjardins | Scotiabank | |
|---|---|---|
| Safety | 100 | 100 |
| Digital services | 86 | 86 |
| Products | 100 | 100 |
| Transparency | 99 | 83 |
Pros and cons
Desjardins
- Wide range of products for private customers
- Long track record as a licensed bank
- Member of a deposit protection scheme
- Holds its own current rating from a recognised agency
Scotiabank
- Wide range of products for private customers
- Long track record as a licensed bank
- Member of a deposit protection scheme
- Holds its own current rating from a recognised agency
Facts side by side
| Fact | Desjardins | Scotiabank |
|---|---|---|
| Licensed since | 1900 desjardins.com | 1832 scotiabank.com |
| Deposit protection | Yes desjardins.com | Yes cdic.ca |
| Agency rating | Yes desjardins.com | Yes scotiabank.com |
| Annual reports online | Yes desjardins.com | Yes scotiabank.com |
| Mobile app | Yes desjardins.com | Yes scotiabank.com |
| Open an account online | Yes desjardins.com | Yes scotiabank.com |
| Instant payments | Yes desjardins.com | Yes scotiabank.com |
| Retail lines offered (of 6) | 6 desjardins.com | 6 scotiabank.com |
| Tariffs online | Yes desjardins.com | Yes scotiabank.com |
| Deposit rates online | Yes desjardins.com | Yes scotiabank.com |
| Complaints procedure published | Yes desjardins.com | Yes scotiabank.com |
| Branches in the country | 547 desjardins.com | Not verified |