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 CanadaThe 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,...
- Shannon Terrell, NerdWalletIf 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.
- 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...
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 |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
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.
The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.
Use this card?
Help inform others by sharing your experience with Scotiabank Platinum American Express® card