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Scotiabank Platinum American Express® card review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
Interest Rate: Purchases
Balance Transfer
Balance Transfer
1 - 4 points
1 - 4 points
Signup Bonus
50000 points (after spending $3,000)
Signup Bonus
50000 points (after spending $3,000)

Informr score
The Scotiabank Platinum American Express® card currently has an Informr score of 8.1 out of 10. This score is based on our evaluation of 6 sources including reviews from users and the web's most trusted critics.

Am I eligible?

Scotiabank Platinum American Express® card is typically available to those with excellent credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $12000.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...

Rewards Canada
Rewards Canada

The Scotiabank Platinum American Express Card is a hidden gem in the Canadian rewards credit card market. It doesn't get a lot coverage as it tends to be overshadowed by other Ultra Premium Cards like The Platinum Card from American Express and the Aeroplan Infinite Privilege or Reserve Cards. But,...

- Rewards Canada

If you often spend money overseas and want to earn rewards points with flexible redemption options, the Scotiabank American Express Platinum Card may be a practical choice.

- Shannon Terrell, NerdWallet

The Scotiabank Platinum American Express card gives you a crazy-low interest rate, a flexible points program with no spending limits, and top-shelf features not available on lower-level cards. Unlimited points that you can redeem however you want, plus access to luxury “insiders only” perks make thi...

- Heidi Unrau, Hardbacon

Its low income requirements, generous welcome bonus, and bonus earn rate for a variety of everyday spending categories may make it seem like a solid choice, but there are similar premium travel credit cards that may offer you more for your money.

My Rate Compass
My Rate Compass

Scotiabank®* Platinum American Express® Card is a premium credit card with exclusive benefits and 7 types of insurance coverage. Aside from its high return rates, the Scotiabank®* Platinum American Express® Card provides an impressive list of purchase and travel insurance benefits that justifies the...

- Mohamed Konate, My Rate Compass


Interest Rates
Regular APR Interest Rate 9.99%
Balance Transfer Interest Rate 9.99%
Cash Advance Interest Rate 9.99%
Rates & Fees
Annual Fee $399.00
Balance Transfer Fee $5.00
Cash Advance Fee $5.00
  • For transactions processed by Scotiabank, any financial institution in Canada, Scotiabank ABM, any non-Scotiabank ABM displaying Interac+ symbol
  • $7.50 for transactions obtained at any ABM or processed by any financial institution outside of Canada
Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $29.00
Late Payment Fee $0.00
Sign up bonus 50000 points after spending $3,000
  • On purchases within the first 3 months.
  • Plus, for a limited time, you are eligible to earn a 10,000 points bonus when you spend at least $10,000 in everyday eligible purchases in your first 14 months.
All Purchases 1 point per $1 spent
Restaurants 4 points per $1 spent (on first $100000 spent)
Gas 4 points per $1 spent (on first $100000 spent)
Groceries 4 points per $1 spent (on first $100000 spent)
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details
  • 4 points per $1 spent (on first $100000 spent) on entertainment
  • You can convert your Scotia Rewards points to SCENE or your SCENE points to Scotia Rewards points instantly, anytime you want.
Features & Benefits
Additional Card Holders

$99 per year for each card

Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance Yes
Concierge Service Yes
Price Protection Yes
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Additional Benefits
  • American Express Invites
  • Complimentary membership to Priority Pass Airport Lounges Worldwide
  • Hertz #1 Club Gold Membership
  • Hotel/Motel Burglary Insurance
  • Delayed and Lost Baggage Insurance
  • Flight Delay Insurance
  • Trip Cancellation / Trip Interruption Insurance
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income $12,000 per year

Temporary Residents No
Additional comments -
Terms & Conditions Official Terms & Conditions
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