Best Scotiabank Credit Cards: Scotiabank is a Canada-based international bank offering a full range of banking and financial services to Canadian and international customers through more than 900 branches as well as an online banking platform.
Scotiabank offers a wide range of credit cards in Canada, including Scotiabank’s top savings and checking accounts, business banking and wealth management.
Scotiabank credit cards include a variety of rewards cards and cashback cards from three major Canadian processors: MasterCard, Visa and Amex.
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Why get a Scotiabank credit card?
Scotiabank is one of Canada’s Big Five banks, so they have an established history that Canadians can trust. If you have a premium Scotiabank checking account, you can get a credit card with them without paying an annual fee.
This is obviously beneficial for you as you will be able to use top tier cards without worrying about any annual fees. That said, even if you don’t bank with Scotiabank, getting a credit card from them might be worth it.
Activate credit card scotiabank
Scotiabank activate credit card – You can activate your Scotiabank credit card or ScotiaLine online just like you activate a debit card. The process is really simple and has the same prerequisites. Follow these steps:
- Open a web browser and visit this website to activate your Scotiabank credit card.
- Now enter your 15-digit AmEx (American Express) or 16-digit VISA credit card or ScotiaLine number.
- Next, click “Continue” and wait for further instructions.
- Continue to follow the on-screen instructions until the card is activated.
- Once it is activated, you will get a confirmation on the screen.
Best scotiabank credit card
When choosing a Scotiabank credit card, you should familiarize yourself with what benefits a Scotiabank credit card can offer, what features to look for, and how Scotiabank credit cards can fit into a customized credit card strategy.
Scotiabank Gold American Express Card
The Scotiabank Gold American Express Card is one of the best credit cards in Canada. It earns 5 points per dollar spent on groceries, restaurants and entertainment, the highest rate in this category of any credit card.
Plus, you’ll earn 3 points per dollar spent on gas, transit and select streaming services, which are among the best rates around.
High reward rates are only as good as the rewards, and Scotiabank delivers on that
It’s easy to use Seen+ points for statement credit. You can cover almost any travel expense at a fixed rate. With transparent pricing and unmatched flexibility, almost anyone can benefit from this card.
You also get the added benefit of no foreign transaction fees when you’re traveling outside the country or shopping online.
And as an American Express card, you get access to special events, discounts and rebates, and a host of pre-sale offers.
Finally, there is no minimum income requirement for this card. This is a great option if you are a student or starting your career.
Usually for a Visa or MasterCard with higher rewards, you have to meet a higher income threshold, but luckily Amex cards are available to anyone.
Scotiabank Platinum American Express Card
The Scotiabank Platinum American Express Card is a step up from its gold counterpart, though whether you’ll benefit depends on your spending habits.
The Scotiabank Platinum Amex earns a fixed 2 points per dollar spent on all purchases, with no limit to the number of bonus points you can earn. Scotiabank Gold Amex has a lower base rate for the advanced lifestyle category, but for general spending.
Despite the rewards, the $399 annual fee is really justified by the card’s travel benefits. You get a DragonPass membership with 10 free trips a year if you’re under 65, or 10 days up to 31 days for all ages and out-of-province medical insurance.
For benefits not available at such generous levels on other cards, you may find it worth paying the annual fee.
Scotiabank Passport Visa Infinite Card
The Scotiabank Passport Visa Infinite Card is a good Visa alternative to the Scotiabank Gold Amex at any store that does not take American Express.
Like its Amex counterpart, the card has no foreign transaction fees and earns View+ points that can be used for any travel purchases.
Visa earning rates aren’t as high as AmecC, topping out at 2 points per dollar spent. Instead, the card makes up for it with stronger travel benefits and better insurance coverage.
Scotiabank Passport Visa Infinite comes with a complimentary DragonPass membership and six passes for lounge visits per year. That’s a great perk for a card with only a $150 annual fee — a perk usually reserved for Visa Infinite Privilege cards with higher fees and income requirements.
Scotiabank American Express Card
The Scotiabank American Express Card is a good option for an entry-level card. It earns View+ points at a flat rate of 1 point per dollar, which equates to a 1% return.
Even if you don’t get a category bonus, you’ll get a higher rate on all other purchases, where most no-fee cards only offer 0.5% back.
Plus, as an American Express card, you get access to Amex offers, special events and ticket pre-sale opportunities. You can immerse yourself in the Amex lifestyle without spending a premium credit card!
Scotiabank Momentum Visa Infinite Card
The Scotiabank Momentum Visa Infinite Card is Scotiabank’s flagship cash back card, and one of the best cash back cards on the market.
You’ll also get 4% cash back on ever-popular grocery categories and recurring bills. The latter is particularly attractive, with the highest interest rate offered on recurring payments by any credit card.
If your bills are high and your recipients accept Visa cards, you can definitely get some momentum as you earn rewards.
Complementing bonus rates with up to 2% back on gas and transit, Scotia Momentum will ensure most of your needs are met.
The card often includes the industry standard welcome bonus among cash back cards: 10% cash back on your first $2,000 in spending and a first-year annual fee waiver.
If you’re looking for a cash back card with an incentive offer that’s unique and has a daily earning rate that beats many competitors, the Scotiabank Momentum Visa Infiniti is a great option.
Scotiabank Passport Visa Infinite Business Card
The Scotiabank Passport Visa Infinite Business is one of the strongest business visa cards on the market.
It supports many of the same benefits as the Personal Passport card, such as no foreign transaction fees, a DragonPass membership with six free annual visits and a nice travel insurance package.
The card earns 1.5 Cn+ points on all purchases, a solid base earning rate and the best in Scotiabank’s business portfolio.
Given how flexible the points are, this card would be a good option if your business spending doesn’t fall into the popular bonus category and if you can’t use the American Express card with your suppliers.
FAQ:
The Scotiabank Value Visa Card is a low-interest card with a credit score of 650 or higher. The Scotiabank Value Visa Card has a $29 annual fee waived for the first year and a minimum credit limit of $500.
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In fact, Gold Amex offers enhanced rewards. Based on a typical $2,000 monthly spend, you’ll earn an average return of 2.45% versus 2% with the Platinum card. Hence, the Platinum Card offers a lower interest rate for airport lounge access, extended insurance coverage and higher annual fees.
With generous rewards, flexible redemption rules and top-notch travel insurance coverage, the Scotiabank Gold American Express Card is one of the best rewards credit cards in Canada. Earning points is easy, as you get accelerated earning rates on many everyday spending categories, like groceries.
Scotiabank customers can quickly check their financial health using the TransUnion CreditView service through the Scotiabank app. It will check your TransUnion credit score for free and allow you to access your credit report. Plus, you’ll also get tips on improving your credit score.
Final Thoughts
While the best Scotiabank credit cards are somewhat subjective, there’s sure to be a card that fits your lifestyle. Whichever credit card you choose, always pay the dues on time every month so that you don’t incur any interest charges.
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