Scotiabank Platinum American Express® card review

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Advertiser Disclosure

Interest Rate: Purchases
19.99%
Balance Transfer
22.99%
Rewards
1 - 4 points
Signup Bonus
-


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

This 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...

- Rewards Canada

Details


Interest Rates
Regular APR Interest Rate 19.99%
Balance Transfer Interest Rate 22.99%
Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $399.00
Balance Transfer Fee $3.50
Cash Advance Fee $3.50

$7.50 for each cash advance obtained at any ABM, Scotiabank, and any financial institution that's 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
Promotions
Sign up bonus

Earn 30,000 bonus points after making your first purchase in the first 2 months.

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
  • 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 Yes

$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
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
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
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Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


Rewards Canada

This card is actually a steal of deal

Rewards Canada

This 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 card...More

This 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 cardholder.  So really you have covered your annual fee with just the lounge access.

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