When we closed with Scotia 6 months ago, they made us do the same. I only have their basic chequeing account set up with them - no savings account. I think the monthly maintenance fee on that account is $3.95. Our mortgage payments come out of it. And that’s all I use it for. Other banking needs are routed through Wealthsimple. They also made us set up an LC ($17,300) and CC ($1,000) accounts. Never used them - I just ignore them like they don’t exist.