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.
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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.
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