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  2. What is Step and how does it work? Step is a financial platform for the next generation. We'll get you started with your customized Step Visa Card and an account you can easily manage from your Step app. Save, spend, send money or invest, and start building credit history - even before you turn 18!

    • Press

      Step Sets Children Up for Success With Card and Financial...

    • Invest

      Your assets are custodied by Drivewealth, LLC, not Step, and...

    • Status

      Welcome to Step's home for real-time and historical data on...

    • Policies

      Step offers a free FDIC insured bank account and Visa card...

    • Save

      Step is FDIC insured up to $1,000,000 so your money is safe...

    • Build Credit

      ͆ Average based on analysis conducted by TransUnion based on...

    • About

      ̍ Step Visa Card is designed to help build positive credit...

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      Step does not provide, endorse, or guarantee any third-party...

    • How to Access The Scotia Total Equity Plan
    • What Are The Pros and Cons of The Scotia Total Equity Plan?
    • The Bottom Line

    It’s simple to use the STEP. If you’re a Scotia mortgage customer, your STEP HELOC is available through the online portal. You can opt to withdraw the available credit as a lump sum, but you don’t have to withdraw the full amount at once. As a revolving line of credit, you can use as much or as little of your HELOC as you want, and you’ll only pay ...

    The Scotiabank HELOC is an excellent way to access the equity of your home, but it’s not perfect. Here are the pros and cons.

    Home equity lines of credit help you access the equity in your home without having to sell. You can use this equity to finance a renovation, purchase a second property or invest in your child’s education. The Scotia Total Equity Plan is a highly ranked HELOC from one of the reputable Big Five banks and is a flexible way to help you achieve your lif...

    • Jordann Brown
    • HELOC home equity line of credit Scotiabank
    • Mortgages
  3. Sep 27, 2024 · What is Step and how does Step work? Step is a mobile banking service that’s catered towards children between the ages of 13 to 18.

  4. The Scotia Total Equity Plan (STEP) is a flexible borrowing plan tied to the equity in your home. STEP lets you choose from different kinds of Scotiabank credit products (like mortgages and lines of credit) based on your needs, all with one easy application. 1 With STEP, you’re in control.

  5. The Step Card, powered by Visa, is a new type of secured spending card that has a few extra features over traditional bank cards. The best part, there are no fees! The Step Card lets you spend without the worry of ever overdrafting or overspending.

  6. What is STEP? The Scotia Total Equity Plan (STEP) is a flexible borrowing plan tied to the equity in your home. STEP lets you choose from different kinds of Scotiabank credit products (like mortgages, a line of credit, credit cards and more) based on your needs, all with one easy application. 1 With STEP, you’re in control. How does STEP work?

  7. Step is a banking app* for the next generation! We set out to create a banking experience that would be the first step on your financial journey, making it easy for you to manage your money and learn some good financial habits along the way.

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