Scotiabank
Flexible rewards credit cards with interest rates from 9.99% to 22.99%, generous welcome points and no annual fee options. Earn up to 80,000 Scene+ points.
Scotiabank offers a competitive rewards lineup for Canadians seeking flexible travel, lifestyle or everyday points on credit card purchases. You can earn Scene+ points faster at grocery stores, Home Hardware, and select retailers, plus take advantage of introductory bonuses.
The interest rates on Scotiabank rewards cards range from 9.99% for the premium Platinum American Express to 22.99% for cash advances on most cards. Annual fees range from zero dollars with the basic and student Scene+ options to $399 for top-tier Platinum cards. Applicants should check specific eligibility requirements for each card.
How to Apply for a Scotiabank Rewards Card
To apply for a Scotiabank rewards credit card, first decide which card matches your spending habits and budget. Then, if you’re a current Scotiabank customer, you can apply online by signing into your online banking. New customers should start the application through Scotiabank’s online portal or by visiting a branch. Newcomers to Canada may need to apply in-branch.
Pros of Scotiabank Rewards Cards
One major advantage is the high welcome bonuses—select cards offer up to 80,000 Scene+ points or more in value. Many of these cards also have no annual fee options, allowing you to earn rewards with minimal costs. Flexible redemption lets you access travel, gift cards and more. Points accumulate quickly especially at grocery partners.
Cons of Scotiabank Rewards Cards
Some cards have high annual fees, such as the Platinum American Express, making them less suitable for infrequent spenders. Cash advances have steep interest rates. Moreover, certain rewards cards may not have extensive insurance features, and the best earn rates are limited to specific categories.
Veredicto
Scotiabank’s wide range of rewards credit cards provide an appealing mix of flexible rewards, rich sign-up bonuses, and reasonable interest rates for Canadian consumers. If maximizing points at popular retailers and accessing welcome offers is important for you, a Scotiabank rewards card could be a great fit. Consider annual fees and coverage before making your final selection.
