Am I eligible?
To get this card, you must also:
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 CanadaThis card is perfect for those who don't need all the bells and whistles of other Ultra Premium cards that cost even more and for those who don't want to be tied or have no need to convert points into a frequent flyer program. If you want the option to redeem points for any travel at any time includ...
- Heidi Unrau, HardbaconThe 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...
- HowToSaveMoney.caIts 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.
- Mohamed Konate, My Rate CompassScotiabank®* 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...
- Rewards CanadaThis card fills a great niche for someone who may be a semi-frequent traveller that only travels maybe a half dozen times per year or so. The card offers free Priority Pass membership, a US$99 value, comes with 10 free lounge visits for the primary cardholder and 4 more for a supplementary cardhold...
Details
| 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
|
| 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 |
| Promotions | |
| Sign up bonus |
50000 points after spending $3,000
|
| Rewards | |
| 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 |
|
| 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 |
|
| Eligibility | |
| 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 |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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