Scotiabank L’earn Visa Card Review

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by Enoch Omololu


Advertiser Disclosure

The Scotiabank L’earn Visa card is an entry-level credit card for students similar to the Scotiabank SCENE Visa Card.

In addition to this card being a good one for students who are getting their first credit cards, it is also available to new immigrants and international students who are looking for a secured credit card to build their credit score.

Scotiabank L’earn Visa Card – At a Glance

  • $0 annual fee
  • 19.99% on purchases; 22.99% on cash advances and balance transfers
  • Up to 1% cash back
  • Up to 20% discounts on car rentals at participating AVIS locations

Scotiabank L’earn Visa Card Cash Back Rewards

The L’earn Visa card is a plain-vanilla credit card with very little to offer in the way of perks, however, it does provide up to 1% cash back.

The cash back rewards are tiered depending on how much you spend per year as follows:

  • On the first $500: 0.25% cash back
  • On the next $500: 0.50% cash back
  • On any amounts over $1,000: 1.00%

Thus, after spending $1,000 using your Scotiabank L’earn Visa Card, you start earning 1% in cash back and there is no limit.

Scotiabank L’earn Visa Car Rental Discounts & Other Benefits

When you rent a car at participating AVIS car rental locations worldwide, you can get discounts up to 20%.

The card works great for payments and is eligible for Apple Pay and Android Pay. It also works with Visa payWave and cardholders have access to thousands of Scotiabank ABMs.

In addition, you can add optional protection to the card (at a fee) if you so wish.


This is an entry-level card for individuals who are looking for a credit card that requires minimum personal income and is easy to be approved for.

It does not offer any insurance coverage.

Scotia L’earn Visa vs. SCENE Visa Card

The SCENE Visa Card is Scotiabank’s second student credit card. It offers 1 SCENE point per $1 spent on everyday purchases and 5 points per $1 spent at Cineplex theatres and

The Scotia SCENE Visa card is great for earning free movies and food/drinks at participating restaurants.

A free movie can be redeemed for 1,250 points (general admission or 3D movie tickets), while you get $10 off your bill participating restaurants in exchange for 1,000 points.

You can learn more about the SCENE Rewards Program here.

The L’earn Visa and SCENE Visa cards are similar with regards to having $0 annual fees and ease of approval.

New SCENE Visa cardholders get 1,250 bonus SCENE points after completing their first purchase.

To apply for either cards, you must:

  • Have a Canadian address
  • Not have declared bankruptcy within the last 7 years
  • Have reached the age of the majority in your province or territory i.e. 18 or 19 years or older
  • International students must have at least 6 months left on their student permit

Apply for the Scotia SCENE Visa.


The L’earn Visa card is one of Scotiabank’s student cards and also works well for newcomers and foreign students who have no previous credit history.

For a higher rate of cash back rewards, the no-fee Tangerine CashBack Credit card or SimplyCash Card from AMEX work better.

Scotiabank L'earn Visa Card Review


The Scotiabank L’earn Visa card is one of two Scotiabank credit cards for students. This L’earn Visa card review covers what you need to know.


  • Easy to qualify for
  • Offers cash back rewards


  • No insurance coverage

Best Credit Offers this month

One of the best no-fee credit cards in Canada.

Get 2% unlimited cash back on up to 3 purchase categories.

Get 0.5% unlimited cash back on all other purchases.

1.95% balance transfer offer for 6 months.

Free prepaid reloadable Visa card.

Access to a portion of your paycheque 3 days early.

Free budgeting app with automatic savings features.

Credit building available with a subscription.

1.20% savings interest on every dollar balance.*

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Borrow up to $50,000 regardless of your credit score.

Pre-approvals offered in as fast as 5 minutes.

Low interest rates starting at 9.9% (or 1.90% for auto loans).

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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. His writing has been featured or quoted in the Toronto Star, The Globe and Mail, MSN Money, Financial Post, Winnipeg Free Press, CPA Canada, Credit Canada, Wealthsimple, 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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