Best Scotiabank Credit Card Promotions in Canada (2022)

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by Enoch Omololu


Advertiser Disclosure

Scotiabank offers a number of credit card bonuses that are worth looking at.

If you are in the market for a new credit card, a solid credit card promotional offer could easily give you hundreds of dollars worth of benefits.

Whether the welcome bonus offered is real cash or points you can convert to rewards, a credit card sign-up bonus sometimes makes it worthwhile to sign up for a new card even when you have to pay an annual fee.

In some cases, credit card offers also waive the annual fee for one year.

In this article, I cover some of the best Scotiabank credit card promotions available in Canada.

Scotiabank Credit Card Promotions

Juicy bonuses are available when you apply for the most popular Scotiabank credit cards.

1. Scotiabank Passport Visa Infinite Card

  • Annual fee: $139
  • Promo offer: Up to 35,000 points ($350 value)
  • Minimum income requirement: $60,000 personal or $100,000 household income

The Scotiabank Passport Visa Infinite card is a premium credit card that is considered to be one of the best travel credit cards in Canada.

It offers 2 Scene+ points on every dollar you spend on groceries, daily transit, dining and entertainment, and 1 point per dollar on all other purchases.

This card comes with a comprehensive suite of travel insurance including travel emergency medical (up to $1 million), trip cancellation, rental car, flight delay, travel accident insurance, and more.

Extra VIP perks include 6 complimentary airport lounge access every year plus the waiver of foreign currency conversion fees.

New cardholders can earn up to 45,000 bonus points as follows:

  • 25,000 points ($250 value) when you spend $1,000 in the first 3 months, plus
  • $10,000 points ($100 value) when you spend at least $40,000 in the first year

Learn more about the Scotiabank Passport Visa Infinite in this review.

2. Scotiabank Gold American Express Card

  • Annual fee: $120
  • Promo offer: Up to 45,000 points ($450 value)
  • Minimum income requirement: $12,000

The Scotiabank Gold American Express card doubles as a great travel card and grocery credit card.

You earn 5 points per $1 on groceries and entertainment purchases; 3 points per $1 on gas and daily transit, and 1 point per $1 on everything else.

Cardholders get a documented Priority Pass membership with access to 1,200 VIP Lounges worldwide and comprehensive insurance coverage.

This card also waives the 2.50% foreign transaction fee when you make purchases in foreign currency.

This card is one of Scotiabank’s best credit card promotions. When you apply for a new Scotiabank Gold AMEX card, you earn up to 40,000 bonus points as follows:

  • 25,000 points ($250 value) when you spend at least $1,000 in the first 3 months, plus
  • 20,000 points ($200 value) when you spend at least $7,500 in the first year

If you have a qualifying Scotiabank chequing account(Preferred or Ultimate), you can waive up to $139 in annual credit card fees.

3. Scotiabank Momentum Visa Infinite Card

  • Annual fee: $120
  • Promo offer: 10% cash back for first 3 months; 1st year fee waived; 2.99% balance transfer for first 6 months
  • Minimum income required: $60,000 personal or $100,000 household income

If you are looking for the best-rated cash back card, the Scotia Momentum Visa Infinite card is worth checking out.

In the first 3 months of signing up for the card, you earn 10% cash back on purchase (on up to a total of $2,000 – a $200 value).

After the promotional period ends, you earn 4% cash back on groceries and recurring bill payments, 2% on gas and daily transit; and 1% cash back on everything else.

This card offers comprehensive travel insurance coverage and new mobile device insurance that protects your smartphones and tablets.

Lastly, the $120 annual fee is waived in the first year.

This Scotia Momentum Visa Infinite review goes into more detail.

4. Scotia Momentum Visa Card

  • Annual fee: $39
  • Promo offer: 2.99% rate on purchases and balance transfers for the first 6 months
  • Minimum income required: $12,000

Scotia Momentum Visa Card is a low-fee credit card that’s great for earning cash back and saving on interest fees if you are carrying a balance.

After the Scotiabank promotion ends, you earn 2% cash back on grocery, gas, recurring payments, and drugstore purchases.

Also, new cardholders can take advantage of a low 2.99% balance transfer rate for the first 6 months.

Learn more about this card in our detailed review.

5. Scotiabank Value Visa

  • Annual fee: $29
  • Promo offer: 0.99% balance transfer interest rate
  • Minimum income required: $12,000

This card is one of the best low-interest credit cards in Canada.

For the first 6 months, you enjoy a low-rate 0.99% balance transfer rate and pay 12.99% after the promo ends.

This rate is significantly lower than the average rate for balance transfers and purchases and can save you a tonne of money over time.

Cardholders also save up to 25% on car rentals at participating Budget and AVIS locations.

6. Scotiabank SCENE Visa Card

  • Annual fee: $0
  • Promo offer: 5,000 bonus SCene+ points
  • Minimum income required: N/A

This no-fee card is great for students and is easy to qualify for if you are a new immigrant.

You earn 1 SCENE point for every $1 you spend on general purchases. And 5 SCENE points per $1 you spend at Cineplex theatres.

The SCENE points earned can easily be redeemed for free monies and food purchases at participating restaurants.

New cardholders get 5,000 bonus points after spending $750 in the first 3 months. This is equivalent to four free movies.

Find out more in my Scotiabank SCENE Visa review.

SCENE Visa Card

Related reading:

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Free prepaid reloadable Mastercard (use referral code CASHBACK during signup for $20 free).

Access to a portion of your paycheque 3 days early.

Free budgeting app with automatic savings features.

1.20% savings interest on every dollar balance.*

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The NeoCard pays up to 5% cash back at select retailers

Get a $25 bonus when you apply for the Card.

Up to 5% cash back at participating stores.

No annual account fees and 1% minimum cash back guaranteed.

Guaranteed instant approval credit card.

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Enoch Omololu

Enoch Omololu is a personal finance expert and a veterinarian. He has a master’s degree in Finance and Investment Management from the University of Aberdeen Business School (Scotland) and has completed several courses and certificates in finance, including the Canadian Securities Course. He also has an MSc. in Agricultural Economics from the University of Manitoba and a Doctor of Veterinary Medicine degree from the University of Ibadan. Enoch has a passion for helping others win with their personal finances and has been writing about money matters for over a decade. He has been featured or quoted in The Globe and Mail, Winnipeg Free Press, Wealthsimple, Financial Post, Toronto Star, CTV News, Canadian Securities Exchange, Credit Canada, National Post, CIBC, and many other personal finance publications.

His top investment tools include Wealthsimple and Questrade. He earns cash back on purchases using KOHO, monitors his credit score for free using Borrowell, and earns interest on savings through EQ Bank.

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