Credit Cards

Get an unsecured credit card as soon as you arrive – even without a credit history1.

Choose from a variety of newcomer credit cards and start building your credit history in Canada with the Scotiabank StartRight® Program2.

Find the right card for me

Credit Cards

Ready to start building your Canadian credit history?

Choose from a variety of trusted credit card brands available through Scotiabank such as American Express®1, MasterCard®* and Visa* with the Scotiabank StartRight® Program1 2.

Find the right card for me

Why do I need to build my credit history in Canada?

When you apply for credit in Canada, lenders will normally check your credit history to help with their decision.

Building good credit could help you save money on interest rates and get approved more easily for things like cell phones, lines of credit and car loans.

You can build a good credit history faster by doing the following:

Get a credit card and use it on a regular basis.

Always pay your bills on time.

Pay your bills off in full whenever possible.

Credit Card

Limit yourself to just one or two credit cards.

Know your credit score.

Credit scores are calculated by Canada’s two major credit-reporting agencies: Equifax and TransUnion. They calculate your score based on information in your credit report. Key factors that can affect your score include your payment history, how much debt you have and how long you’ve been using credit.

A Scotiabank account lets you access your credit report for free through your online banking. You are also entitled to free reports from Equifax and TransUnion Canada.

What are rewards?

Rewards are incentives you get when you use certain credit cards to pay for everyday purchases. In Canada, rewards can come in a variety of formats like points, miles, or cash back. Whatever the format, reward types typically give you some sort of benefit for using your card to make your everyday purchases.

Scotiabank offers the following reward options.

  • CASH BACK
    Earn cash back rewards on everyday purchases and have your cash deposited directly into your account.
  • TRAVEL
    Earn travel rewards with Scotia Rewards® and you can redeem them for flights, hotels, car rentals and more.
  • ENTERTAINMENT
    Earn rewards with SCENE points that can be put towards things like free movies, discounts on entertainment and more.

How can I get a credit card?

Scotiabank offers a variety of cards from trusted brands including VISA**, MasterCard®* and American Express®1.

Book an appointment with a Scotiabank Advisor to apply for a credit card once you’re in Canada.

Find the right credit card for you.

Browse by card type:

All Newcomers Students

Browse by card features:

All No annual fee Cash Back Travel Entertainment Low interest

Newcomers

Our most popular credit cards for newcomers.

New

American Express®1 | No annual fee | Travel rewards

Scotiabank American Express®1 Card

Earn 5,000 bonus Scotia Rewards points with your first $500 in everyday purchases in first 3 months5

  • Scotia Rewards®: Earn one Scotia Rewards® point for every $1 you spend on everyday purchases – redeem points for any travel purchase, selected merchandise, gift cards and more.6
  • Minimum credit limit: $1,000
  • Annual interest rate: 19.99% on purchases, 22.99% on cash advances and balance transfers and Scotia Credit Card Cheques
  • Annual fee: $0

Rates and fees are subject to change.

Make an appointment to apply

VISA* | Low interest rate

Scotiabank Value® Visa* Card

0.99% introductory interest rate on balance transfers for the first 6 months (12.99% after that; annual fee $29)7

  • Low interest rate – you could save up to hundreds of dollars a year in interest if you carry a balance
  • Minimum credit limit: $500
  • Annual interest rate: 12.99%
  • Annual fee: $29

Rates and fees are subject to change.

Make an appointment to apply

Gold American Express®1 | $5,000 limit | Travel rewards

Scotiabank Gold American Express®1 Card

Earn up to 40,000 bonus Scotia Rewards points in your first year (that’s up to $400 towards travel)8

  • Scotia Rewards®: 5 Scotia Rewards points for every $1 you spend on grocery store and dining and entertainment purchases, 3 Scotia Rewards points for every $1 you spend on eligible gas station, Daily transit and Select Streaming Services, and 1 Scotia Rewards® point for every $1 you spend on all other eligible everyday purchases9
  • Minimum credit limit: $5,000
  • Annual interest rate: 19.99% on purchases, 22.99% on cash advances, balance transfers and Scotia Credit Card Cheques
  • Annual fee: $120

Rates and fees are subject to change.

Make an appointment to apply

VISA* | No annual fee | Entertainment rewards

SCENE† VISA* Card

Earn 2,500 bonus SCENE points with your first $500 in everyday purchases in first 3 months10.

  • SCENE Program Rewards: Earn 1 SCENE point for every $1 you spend on your everyday credit card purchases11. Earn 5 SCENE points for every $1 you spend on credit card purchases at Cineplex theatres†† or Cineplex.com12 13
  • Redeem for a FREE movie with just 1250 points.
  • Get $10 off at participating restaurants when you redeem just 1,000 points.
  • Minimum credit limit: $500
  • Annual interest rate: 19.99% on purchases, 22.99% on cash advances, balance transfers and Scotia Credit Card Cheques
  • Annual fee: $0

Rates and fees are subject to change.

Make an appointment to apply

VISA** | Cash back rewards

Scotia Momentum® VISA** Card

Earn 7.5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases).14 Plus, get a 2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $39).14

  • A full 2% cash back on all eligible gas, groceries, drug store purchases and on recurring payments15
  • A full 1% cash back on all other eligible everyday purchases15
  • Minimum credit limit: $500
  • Annual interest rate: 19.99% on purchases, 22.99% on cash advances, balance transfers and Scotia Credit Card Cheques
  • Annual fee: $39

Rates and fees are subject to change.

Make an appointment to apply

See how quickly you can earn cash back

International Students

Our most popular credit cards for international students.

Found the card for you?

Book an appointment with a Scotiabank Advisor to apply for a credit card once you’re in Canada.

Have questions? We have answers.

Our StartRight® Program support team is here to help.

Live chat

Call us

Find a Scotiabank Branch

  • 1.Subject to credit approval. To be eligible, you must be a participant in the Scotiabank StartRight Program. To qualify for a credit card, you must be a resident of Canada and the age of majority in your province/territory where you live. Your approval for a credit card and the credit limit assigned will be determined based on Scotiabank’s credit criteria, including your verifiable income and credit history (If available). The credit limit amount of up to $5,000 under the Scotiabank StartRight Program is subject to change by Scotiabank from time to time without prior notice. A credit history in Canada is not required in order to be eligible for a credit card under the Scotiabank StartRight Program
  • 2.Scotiabank StartRight Program, created for Canadian Permanent residents from 0–3 years in Canada, International Students and Foreign Workers.
  • 3.Offer Description and Conditions: The 5% Cash Back and Introductory 7.99% Rate Offer (the “Offer”) applies only to new Scotia Momentum No-Fee Visa credit card accounts (“Accounts”) that are opened by May 2, 2021 and is subject to the below terms and conditions. All other terms and conditions of the Program Terms continue to apply. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
    Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
    5% Cash Back Offer Conditions: You will earn 5% cash back on the first $2,000 in eligible purchases you spend on your new Account within the first 3 months of the Account open date (the “Promotional Period”). Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges. After the Promotional Period, you will earn regular cash back on eligible purchases at the regular cash back rate (the “Cash Back Program Rate”) described in the Scotia Momentum No-Fee Visa Cash Back Program Terms and Conditions (the “Program Terms”). The 5% cash back rate for any category is made up of the sum of: (i) the regular Cash Back Program Rate (variable by categories as set out under the Program Terms); and (ii) a “Cash Back Bonus Rate”.
    Cash back earned under this Offer will be credited to your Account in 2 instalments so long as your Account is open and in good standing at time of payout of each:
    1. Bonus Cash Back: The amount earned under the Cash Back Bonus Rate will be credited to your Account within 7 months from the Account open date; and
    2. Regular Cash Back: The amount earned under your regular Cash Back Program Rate will be credited to your Account according to the regular cash back payment schedule as set out under the Program Terms.
    The Account is considered in good standing if it is not delinquent (past due) or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account.
    EXAMPLE: If the Regular Cash Back Program Rate for the Groceries and Recurring Payments category is 1% then the Cash Back Bonus Rate will be 4% for that category so that you will earn a total of 5% on the amount of all eligible everyday purchases in that category during the Promotional Period. If you make $2,000 in eligible everyday purchases in the Groceries and Recurring Payments category, your cash back earnings will be credited to your Account as follows:
    (1) the Cash Back Bonus earnings of $80 (4% x $2,000) (which will not be tracked on your monthly statements), will be credited to your Account within 7 months from the Account open date, and (2) the Regular Cash Back earnings of $20 (1% x $2,000) (which will be tracked on your monthly statements), will be credited to your Account as per the regular cash back payment schedule (i.e., November).
    Introductory 7.99% Rate Offer Conditions: The introductory 7.99% interest rate applies only to eligible purchases subject to the conditions below (the “Offer”). This rate applies when the new Scotia Momentum No-Fee Visa credit card account (“Account”) is opened by May 2, 2021 and will continue for 6 months from date of Account opening (the “Promotional Period”). After the Promotional Period, purchase balances at the promotional rate of 7.99% (including any unpaid balances) will increase to the preferred interest rate for purchases (currently 19.99%). If you don’t pay the minimum payment on your Account by the payment due date on your statement, two times in any consecutive 12-month period, you will lose the benefit of this promotional rate Offer and the interest rates that apply on any unpaid balance and purchases will increase to the standard annual interest rates that apply to your Account (currently 24.99% on purchases and 27.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions)). Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges.
    In general, if you make a payment that exceeds the minimum payment on your statement, we will apply your payment on a proportionate basis among each group of billed charges on your Account. We group charges based on the interest rate that applies to the group of charges. Your payment cannot be applied to the balance(s) of your choice. See your credit card agreement for more information about how we apply payments to your Account.
    Rates and Fees: There is currently no annual fee for the primary card and no fee for each additional supplementary card.
    The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions).
    All rates, fees, features and benefits are subject to change.
  • 4.You will earn 1% cash back on your annual spend on gas station, grocery store and drug store purchases and on recurring payments. 1% cash back applies at merchants which are classified in the Visa Inc. (Visa) network as Grocery Stores & Supermarkets, Drug Stores & Pharmacies, Service Stations (with or without ancillary services), Automated Fuel Dispensers and Recurring Payments (Merchant Codes: 5411, 5541, 5542 & 5912). Recurring payments are defined as payments made on a monthly or regular basis automatically billed by the merchant to your Scotia Momentum No-Fee Visa card. Recurring payments are typically telecommunication, insurance, membership, subscriptions etc. purchases. Not all merchants offer recurring payments. (Please check with your merchant to see if they offer recurring payments on Visa cards.) Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants, but are classified by Visa in another manner, in which case this added benefit would not apply. You will earn 0.5% cash back on all other eligible purchases made with the card. Purchase returns, payments, cash advances, balance transfers, Scotia® Credit Card Cheques, credit vouchers, card fees, interest charges or service/transaction charges do not qualify for cash back.
  • 5.Offer Description and Conditions: The 5,000 Bonus Scotia Rewards Points Offer (this “Offer”) applies only to new Scotiabank American Express credit card accounts (“Account”) opened by July 1, 2021 subject to the conditions below. To be eligible for the Offer, at least $500 in eligible purchases must be posted to the Account within 3 months of the Account open date. Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges. The bonus points will be credited to your Account within 2-3 business days after the first eligible purchase is posted to your account, provided the Account is open and in good standing at time of payout. The Account is considered in good standing if it is not delinquent (past due) or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account. Offer may be changed, cancelled or extended and cannot be combined with any other offers.
    Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
    Rates and Fees: There is currently no annual fee for the primary card and no fee for each additional supplementary card.
    The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions).
    All rates, fees, features and benefits are subject to change.
  • 6.You will earn 1 point per $1 on eligible purchases. Points are not awarded for Cash Advances (including Balance Transfers, Scotia® Credit Card Cheques and Cash-Like Transactions), Scotia Rewards Dollars, returns, refunds or other similar credits, payments, fees, interest charges or service transaction charges. Scotia Rewards points must be redeemed within 60 days of account closure or they will be deleted permanently. If your account is not in good standing, the accumulated Scotia Rewards points are not eligible for redemption.
  • 7.Offer Description and Conditions: The introductory 0.99% interest rate applies only to cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions) (collectively “Cash Advances”) subject to the conditions below (the “Offer”). This rate applies when the new Scotiabank Value Visa credit card account (“Account”) is opened by July 1, 2021 and will continue for 6 months from date of Account opening (the “Promotional Period”). This Offer is subject to any available limit for Cash Advances (the “Cash Advance Available Limit”) on your Account. This Offer cannot be used to transfer a balance from another Scotiabank Account, or to make a payment or deposit to another Scotiabank account. After the Promotional Period, the 0.99% interest rate on any promotional Cash Advances (including any that remain unpaid after the Promotional Period ends) will increase to the preferred interest rate on Cash Advances (currently 12.99%). If you don’t pay the minimum payment on your Account by the payment due date on your statement, two times in any consecutive 12-month period, you will lose the benefit of this promotional rate Offer and the interest rates that apply on any unpaid balance will increase to the standard annual interest rates that apply to your Account (currently 24.99% on purchases and 27.99% on Cash Advances). Offer may be changed, cancelled or extended and cannot be combined with any other offers.
    Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
    Payment Allocation: In general, if you make a payment that exceeds the minimum payment on your statement, we will apply your payment on a proportionate basis among each group of billed charges on your Account. We group charges based on the interest rate that applies to the group of charges. Your payment cannot be applied to the balance(s) of your choice. See your credit card agreement for more information about how we apply payments to your Account.
    A Balance Transfer fee of 0% of the amount of each Balance Transfer transferred during the Promotional Period applies to this Offer.
    Rates and Fees: The current annual fee is $29 for the primary card and $0 for each additional supplementary card.
    The current preferred annual interest rates for the Account are: 12.99% on purchases and 12.99% on Cash Advances.
    All rates, fees, features and benefits are subject to change.
  • 8.For a limited time, open a new Scotiabank Gold American Express credit card account (“Account”) and earn a 30,000 Scotia Reward point bonus with your first $1,000 in everyday eligible purchases if made within the first 3 months. Plus, earn a bonus 10,000 Scotia Rewards points when you spend at least $7,500 in everyday eligible purchases on your Account in your first year. Conditions apply - see below for further details. Offers apply to new Accounts only opened by August 31, 2021. Offers may be changed, cancelled or extended and cannot be combined with any other offers.
    Offer Description and Conditions: To be eligible for the 30,000 bonus Scotia Rewards points (the “30,000 Point Bonus”), you must open a new Account by August 31, 2021 and have at least $1,000 in eligible purchases posted to your new Account in the first 3 months from the Account open date. To be eligible for the 10,000 bonus Scotia Rewards points (the “10,000 Point Bonus”), you must have at least $7,500 in eligible purchases posted to your new Account in your first year (12 months) from the Account open date. Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges.
    The 30,000 Point Bonus will be credited to the primary cardholder’s Scotia Rewards account within approximately 2-3 business days after the qualifying $1,000 in eligible purchases being posted to your Account within the first 3 months from the Account open date, provided the Account is open and in good standing at time of payout. The 10,000 Point Bonus will be credited to the primary cardholder’s Scotia Rewards account within approximately 2-3 business days after you have met the $7,500 annual spend threshold on the Account, provided your Account is open and in good standing. The Account is considered in good standing if it is not delinquent (past due) or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account. Bonus Offer applies to new Accounts only opened by August 31, 2021.
    Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
    Rates and Fees: The current annual fee is $120 for the primary card and $29 for each additional supplementary card.
    The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions).
    All rates, fees, features and benefits are subject to change.
    To qualify for the 40,000 bonus Scotia Rewards points offer, make sure to:
    1. Open a new Scotiabank Gold American Express credit card account by August 31, 2021.
    2. Earn 30,000 bonus Scotia Rewards points by making at least $1,000 in everyday eligible purchases in your first 3 months from account opening.
    3. Plus, for a limited time, you are eligible to earn a 10,000 Scotia Rewards point bonus when you spend at least $7,500 in everyday eligible purchases in your first year.
    Once you qualify, we’ll credit your account in 2 instalments:
    1. 30,000 bonus Scotia Rewards points will be credited to your account within approximately 2-3 business days following the qualifying $1,000 in net purchases being posted to your Account in your first 3 months.
    2. Annual bonus 10,000 Scotia Rewards points will be credited within approximately 2-3 business days after you have met the $7,500 annual spend threshold in your first year.
    Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for this offer.
    See terms and conditions below for full details.
  • 9.Earn Rates and Accelerated Earn Rates: The first and second accelerated earn rate for the Scotiabank Gold American Express Card Account (the “Account”) applies to the first $50,000 in purchases (in Canadian currency only) charged to the Account at merchants qualifying for the accelerated earn rates, calculated from January 1st to December 31st each year.

    The first accelerated earn rate for the Account◊ is five (5) Scotia Rewards points per $1 charged to the Account for purchases made in Canadian currency only at American Express merchants that are classified under the American Express network as: Grocery Stores and Supermarkets and Dining and Entertainment.
    1. Grocery Stores and Supermarkets (Merchant Code: 5411)
    2. Dining including Eating Places and Restaurants, Drinking Places, and Fast Food Restaurants, and Delivery of Food as a primary business. (Merchant Code: 5812, 5813, 5814, 5824, 5967 and 7311).
    3. Entertainment including Motion Picture Theaters,Theatrical Producers and Ticket Agencies, Bands, Orchestras and Miscellaneous Entertainers (Merchant Code: 7832, 7922, 7929).
    The second accelerated earn rate for the Account is three (3) Scotia Rewards points per $1 charged to the Account for purchases made in Canadian currency at American Express merchants for purchases classified under the American Express Network as: Gas, Daily Transit and Select Streaming Services.
    1. Gas including Gas Service Stations (with or without Ancillary Services) and Automated Fuel Dispensers (Merchant Code: 5541 and 5542).
    2. Daily Transit including Local and Suburban Commuter Passenger Transportation, including Ferries, Passenger Railways, Taxicabs and Limousines, Bus Lines, Transportation Services (Not elsewhere Classified) (Merchant Code: 4121, 4111, 4112, 4131, 4784, 4789).
    3. Select Streaming Services including (4899, 5967, 5969, 7399) and whose primary business and related services as identified by Scotiabank are eligible streaming services (excluding gaming). Eligible streaming service merchants are subject to change.
    The first and second accelerated earn rates will apply to purchases made in Canadian currency only. The regular earn rate is one (1) Scotia Rewards point per $1 charged to the Account on all other eligible purchases (whether that purchase is made in Canadian currency or foreign currency). Merchant category codes are subject to change.
  • 10.Offer Description and Conditions: The 2,500 Bonus SCENE Points Offer (the “Offer”) applies only to new SCENE Visa credit card accounts (excluding SCENE Student Visa cards) (“Account”) opened by July 1, 2021 subject to the conditions below. To be eligible for the Offer, at least $500 in eligible purchases must be posted to the Account within the first 3 months of the Account open date. Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges. The bonus points will be awarded within 2-3 business days of the completion of the $500 net purchases provided the Account is open and in good standing at time of payout. The Account is considered in good standing if it is not delinquent (past due) or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account. Only one welcome bonus is awarded per Account. In cases where both the primary and supplementary cardholders are SCENE members, the bonus points will be credited to the SCENE membership account that has been connected to the Account. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
    Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
    Rates and Fees: There is currently no annual fee for the primary card and no fee for each additional supplementary card. The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions). All rates, fees, features and benefits are subject to change.
  • 12.Registered trademark of Cineplex Entertainment LP, used under license.
  • 13.Maximum points per transaction are 300. Maximum daily points are 600.
  • 14.Offer Description and Conditions: The 7.5% Cash Back and Introductory 2.99% Rate Offer (the “Offer”) applies only to new Scotia Momentum Visa credit card accounts (“Accounts”) that are opened by May 2, 2021 and is subject to the below terms and conditions. All other terms and conditions of the Program Terms continue to apply. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
    Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
    7.5% Cash Back Offer Conditions: You will earn 7.5% cash back on the first $2,000 in eligible purchases you spend on your new Account within the first 3 months of the Account open date (the “Promotional Period”). Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges. After the Promotional Period, you will earn regular cash back on eligible purchases at the regular cash back rate (the “Cash Back Program Rate”) described in the Scotia Momentum Visa Cash Back Program Terms and Conditions (the “Program Terms”). The 7.5% cash back rate for any category is made up of the sum of: (i) the regular Cash Back Program Rate (variable by categories as set out under the Program Terms); and (ii) a “Cash Back Bonus Rate”. Cash back earned under this Offer will be credited to your Account in 2 instalments so long as your Account is open and in good standing at time of payout of each:
    1. Bonus Cash Back: The amount earned under the Cash Back Bonus Rate will be credited to your Account within 7 months from the Account open date; and
    2. Regular Cash Back: The amount earned under your regular Cash Back Program Rate will be credited to your Account according to the regular cash back payment schedule as set out under the Program Terms.
    The Account is considered in good standing if it is not delinquent (past due) or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account.
    EXAMPLE: If the Regular Cash Back Program Rate for the Groceries and Recurring Payments category is 2% then the Cash Back Bonus Rate will be 5.5% for that category so that you will earn a total of 7.5% on the amount of all eligible everyday purchases in that category during the Promotional Period. If you make $2,000 in eligible everyday purchases in the Groceries and Recurring Payments category, your cash back earnings will be credited to your Account as follows:
    1. the Cash Back Bonus earnings of $110 (5.5% x $2,000) (which will not be tracked on your monthly statements), will be credited to your Account within 7 months from the Account open date, and
    2. the Regular Cash Back earnings of $40 (2% x $2,000) (which will be tracked on your monthly statements), will be credited to your Account as per the regular cash back payment schedule (i.e., November).
    Introductory 2.99% Rate Offer Conditions: The introductory 2.99% interest rate on balance transfers applies only to cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions) (collectively “Cash Advances”) subject to the conditions below (the “Offer”). This rate applies when the new Scotia Momentum Visa credit card account (“Account”) is opened by May 2, 2021 and will continue for 6 months from date of Account opening (the “Promotional Period”). This Offer is subject to any available limit for Cash Advances (the “Cash Advance Available Limit”) on your Account. This Offer cannot be used to transfer a balance from another Scotiabank Account, or to make a payment or deposit to another Scotiabank Account. After the Promotional Period, the 2.99% interest rate on any promotional Cash Advances (including any that remain unpaid after the Promotional Period ends) will increase to the preferred interest rate on Cash Advances (currently 22.99%). If you don’t pay the minimum payment on your Account by the payment due date on your statement, two times in any consecutive 12-month period, you will lose the benefit of this promotional rate Offer and the interest rates that apply on any unpaid balance will increase to the standard annual interest rates that apply to your Account (currently 24.99% on purchases and 27.99% on Cash Advances).
    In general, if you make a payment that exceeds the minimum payment on your statement, we will apply your payment on a proportionate basis among each group of billed charges on your Account. We group charges based on the interest rate that applies to the group of charges. Your payment cannot be applied to the balance(s) of your choice. See your credit card agreement for more information about how we apply payments to your Account.
    Rates and Fees: A Balance Transfer fee of 0% of the amount of each Balance Transfer transferred during the Promotional Period applies to this Offer.
    The current annual fee is $39 for the primary card and $15 for each additional supplementary card.
    The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on Cash Advances.
    All rates, fees, features and benefits are subject to change.
  • 15.You will earn 2% Cash Back on the first $25,000 in purchases that are charged annually on your Scotiabank Momentum Visa Card Account (the “Account”) on gas station, grocery store and drug store purchases and on recurring payments. 2% Cash Back applies at merchants which are classified in the Visa Inc. (Visa) network as Grocery Stores & Supermarkets, Drug Stores & Pharmacies, Service Stations (with or without ancillary services), Automated Fuel Dispensers and Recurring Payments (Merchant Codes: 5411, 5541, 5542 & 5912). Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants, but are classified by Visa in another manner, in which case this added benefit would not apply. Recurring payments are payments made on a monthly or regular basis automatically billed by the merchant to your Account. Recurring payments are typically for purchases of subscriptions, telecommunication, insurance, gym memberships, etc. Not all merchants offer recurring payments. (Please check with the merchant to see if they offer recurring payments on Visa Accounts) You will earn 1% Cash Back on purchases made on the Account after the 2% $25,000 annual spend max has been reached. Cash Advances, balance transfers, Scotia Credit Card Cheques, returns, refunds or other similar credits, payments, fees, interest or service/transaction charges do not qualify for Scotia Momentum Cash Back.
  • 16.Offer Description and Conditions: The introductory 7.99% interest rate applies only to eligible purchases subject to the conditions below (the “Offer”). This rate applies when the new Scotiabank credit card account (“Account”) is opened by July 1, 2020 and will continue for 6 months from date of Account opening (the “Promotional Period”). After the Promotional Period, purchase balances at the promotional rate of 7.99% (including any unpaid balances) will increase to the preferred interest rate for purchases (currently 20.99%). If you don’t pay the minimum payment on your Account by the payment due date on your statement, two times in any consecutive 12-month period, you will lose the benefit of this promotional rate Offer and the interest rates that apply on any unpaid balance will increase to the standard annual interest rates that apply to your Account (currently 24.99% on purchases and 27.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions)). Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges.
    Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the 7.99% introductory interest rate offer (the “Offer”). Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
    Payment Allocation: In general, if you make a payment that exceeds the minimum payment on your statement, we will apply your payment on a proportionate basis among each group of billed charges on your Account. We group charges based on the interest rate that applies to the group of charges. Your payment cannot be applied to the balance(s) of your choice. See your credit card agreement for more information about how we apply payments to your Account.
    Rates and Fees: There is currently no annual fee for the primary card and no fee for each additional supplementary card.
    The current preferred annual interest rates for the Account are: 20.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions).
    All rates, fees, features and benefits are subject to change. Offer may be changed, cancelled or extended and cannot be combined with any other offers.
  • 17.You will earn 1% cash back on net purchases made with your eligible Scotia Momentum Mastercard credit card at gas stations, grocery stores and drug stores as classified by Mastercard (Merchant Codes: 5411, 5541, 5542 & 5912). Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants, but are classified by Mastercard in another manner, in which case this added benefit would not apply. Recurring payments are defined as payments made on a monthly or regular basis automatically billed by the merchant to your Card. Recurring payments are typically telecommunication, insurance, membership, subscriptions, etc. Not all merchants offer recurring payments. (Please check with your merchant to see if they offer recurring payments on Mastercard cards.) You will earn 0.5% cash back on all other eligible purchases made with your Scotia Momentum Mastercard credit card. Cash Advances (including Balance Transfers, Scotia Credit Card Cheques or Cash-Like Transactions), returns, refunds or other similar credits, fees, interest charges or other charges do not qualify for cash back. See your Scotia Momentum Mastercard Cash Back Program Terms and Conditions for full details.
  • 18. Offer Description and Conditions: The 1,250 Bonus SCENE Points Offer (the “Offer”) applies only to new SCENE Visa Student credit card accounts (“Account”) opened by July 1, 2021 subject to the conditions below. To be eligible for the Offer, an eligible purchase must be posted to the Account within 2 months of the Account open date. Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges. The bonus points will be awarded within 2-3 business days after the first eligible purchase is posted to your Account, provided the Account is open and in good standing at time of payout. The Account is considered in good standing if it is not delinquent (past due) or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account. Only one welcome bonus is awarded per Account. In cases where both the primary and supplementary cardholders are SCENE members, the bonus points will be credited to the SCENE membership account that has been connected to the Account. Offer may be changed, cancelled or extended and cannot be combined with any other offers.
    Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
    Rates and Fees: There is currently no annual fee for the primary card and no fee for each additional supplementary card.
    The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions). All rates, fees, features and benefits are subject to change.
  • 19.SCENE Visa cardholders will earn points for purchases made with their SCENE Visa card (“Card”). A Card must be connected to a SCENE membership account to earn points on purchases made on the Card. Points are not awarded for cash advances, balance transfers, Scotia Credit Card Cheques, returns, refunds or other similar credits, payments fees, interest, service or transaction charges on the Card. Some conditions and limitations apply. Visit www.scotiabank.com/scenevisa for complete details.
  • ®Registered trademarks of The Bank of Nova Scotia.
  • ®1Registered trademarks of The Bank of Nova Scotia. American Express is a registered trademark of American Express. This credit card program is issued and administered by the Bank of Nova Scotia under license from American Express.
  • ®*Mastercard, Priceless Cities and Tap & Go are registered trademarks, and the circles design, Masterpass and Mastercard Global Services are trademarks of Mastercard International Incorporated and used under license by The Bank of Nova Scotia.
  • *Visa Int./Licensed User.
  • †Registered trademark of SCENE IP LP, used under license.
  • ††Cineplex Entertainment LP, used under license.