Scotiabank American Express Card
Annual Fee
$0.00
Interest Rate
19.99%
Balance Transfer
22.99%
Cash Advance
22.99%
Credit Score
Good
Rewards
1.00%*
- Earn 5,000 bonus Scotia Rewards points with your first $500 in everyday purchases in first 3 months
- Earn 1 Scotia Rewards point for every $1 you spend on everyday purchases.
- Use your Card and book travel through Scotia Rewards Travel Service, a full-service travel agency.
- Redeem for travel anywhere, anytime, with no travel restrictions
- Enjoy access to special offers, merchandise, rewards and more
- Save up to 25% off base rates at participating AVIS locations and at participating Budget locations in Canada and the U.S. when you pay with your Scotiabank American Express card.
- You can convert your Scotia Rewards points to SCENE or your SCENE points to Scotia Rewards points instantly, anytime you want.
- Tap your Scotiabank American Express Card or your smartphone for quick easy payments.
- Travel Emergency Medical Insurance: coverage is provided for eligible persons under age 65 for up to 8 consecutive days and for eligible persons age 65 and older for up to 3 consecutive days.
- Trip Interruption Insurance: charge at least 75% of your trip costs to your Card and get trip interruption insurance at no extra cost
- Rental Car Collision Loss/Damage Insurance: charge the full cost of your eligible rental car to your Card and you’re automatically insured if your rental is damaged or stolen.
- Travel Accident Insurance: charge at least 75% of your ticket cost to your Card and you’re insured against accidental loss of life or dismemberment.
- Purchase Security & Extended Warranty Protection: most items purchased with your Card are insured against theft, loss or damage for 90 days from the purchase date and the manufacturer’s warranty is doubled for up to one year.
- Price Protection Service: most items purchased with your Card are protected in the event of a price drop within 60-days of purchase.
- You must be a Canadian citizen OR are a Permanent Resident
- You must be at least the age of majority in your province or territory
- You must not have declared bankruptcy in the past 7 years
- Your annual gross income must be at least $12,000
Summary
With an extensive suite of insurances and special deals, the Scotiabank American Express Card gives holders Scotia Rewards points for every dollar spent, which can be redeemed for travel anywhere, anytime, and with no travel restrictions. Earn 5,000 bonus Scotia Rewards points with your first $500 in everyday purchases in first 3 months!
Our Review
Scotiabank American Express Card
The Scotiabank American Express Card is a travel card gives holders Scotia Rewards points for every dollar spent, which can be redeemed for travel anywhere, anytime, and with no travel restrictions. With an extensive suite of insurances and special deals, this card offers a lot for no annual fee. Cardholders earn 1 point for every $1 spent, as well as receiving 5,000 bonus Scotia Rewards points with their first $500 in everyday purchases in the first 3 months. With the included insurance, special offers and discounts, as well as travel rewards, this card could be a great option for those who want travel rewards for their every day purchases!
As per our rating system, this card scored 18/25 on rewards, 16/25 on interest rates and balance transfers, 14/25 on perks and insurance, and 25/25 on annual fees. Therefore, the total smart score of this card is 73/100.
Pros
- No annual fee.
- Earn 5,000 bonus Scotia Rewards points with your first $500 in everyday purchases in first 3 months
- Earn 1 Scotia Rewards point for every $1 you spend on everyday purchases.
- Use your Card and book travel through Scotia Rewards Travel Service, a full-service travel agency.
- Redeem for travel anywhere, anytime, with no travel restrictions
- Enjoy access to special offers, merchandise, rewards and more
- Get access to extensive travel insurance, purchase protection, extended warranty and more.
- Save up to 25% off base rates at participating AVIS locations and at participating Budget locations in Canada and the U.S. when you pay with your Scotiabank American Express card.
Cons
- This card offers a relatively low return on rewards.
- American Express is not accepted everywhere.