Scotiabank has an elevated offer available on the Scotiabank Passport® Visa Infinite* Card , which includes a first-year annual fee waiver. If you’re looking for a great travel card with no foreign transaction fees, you’ll want to take note.
As a reminder, Scotiabank is also offering attractive bonuses on its suite of Scene+ credit cards, including the excellent Scotiabank Gold American Express® Card.
Be sure to check out the below offers to see which card best suits your needs, and then take note of the expiry date, as most are set to end on July 1, 2024.
Scotiabank Passport® Visa Infinite* Card : Up to 40,000 Scene+ Points
There’s a great offer available on the Scotiabank Passport® Visa Infinite* Card , and it’s amongst the best we’ve seen in the past few years.
New applicants are eligible to earn a welcome bonus of up to 40,000 Scene+ points, structured as follows:
- Earn 30,000 Scene+ points upon spending $1,000 (all figures in CAD) in the first three months
- Earn 10,000 Scene+ points upon spending $40,000 each year
As has been the case in previous offers, you get the lion’s share of the welcome bonus upon completing a reasonable $1,000 minimum spend in three months. 30,000 Scene+ points is worth $300 when redeemed for travel, which is a solid return.
However, the second dose of 10,000 Scene+ points comes after spending $40,000 each year, which is a very onerous minimum spending requirement, at an average of $3,333 per month, for a relatively small reward. 10,000 Scene+ points is worth $100 at most, and your efforts are likely better spent elsewhere for a more robust return on your spending.
Fortunately, the card’s $150 annual fee is waived in the first year with the current offer, which is great to see again.
Aside from the welcome bonus, the Scotiabank Passport® Visa Infinite* Card ‘s earning rates for daily spending are as follows:
- 3 Scene+ points per dollar spent on eligible purchases at Sobeys, IGA, Safeway, FreshCo, and more
- 2 Scene+ points per dollar spent on eligible transit, groceries, dining, and entertainment purchases
- 1 Scene+ point per dollar spent on all other eligible purchases
While the earning rates for this card aren’t quite as generous as those on the Scotiabank Gold American Express® Card, you’ll still get a decent return on spending for many common expenses.
Plus, one of the Scotiabank Passport® Visa Infinite* Card ‘s other strengths is that it comes with no foreign transaction fees, and as a Visa Infinite product,…
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