Scotiabank More Rewards Visa card review

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Advertiser Disclosure

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


9.2/10
Informr score
The Scotiabank More Rewards Visa card currently has an Informr score of 9.2 out of 10. This score is based on our evaluation of 3 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Scotiabank More Rewards Visa card is typically available to those with good 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...


Money We Have

My Scotiabank More Rewards Visa card review is neutral. A travel credit card earns you much better points, but as a no-fee card, the Scotiabank More Rewards card will appeal to certain people.

- Barry Choi, Money We Have
creditcardGenius

What makes that possible is the high points earn rate and the fact that certain travel redemption options give the highest point value when you go to redeem your points. Sure, it's lacking in the travel insurance department, but for straight earning and redeeming for travel with no fees - it works r...

- creditcardGenius
Rewards Canada

Overall this card makes great sense for most people but primarily those who are More Rewards members and have More Rewards as one of their main loyalty programs, those who only get no annual fee cards as they are adverse to paying annual fees, those who need a Visa branded card to complete their cre...

- Rewards Canada Team, 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 $0.00
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 No
Rewards
All Purchases 4 points per $1 spent
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

6 points per $1 spent on purchases at participating More Rewards locations

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments No
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

Not available in Quebec.

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


Money We Have

For people who doesn’t like to travel

from Money We Have

My Scotiabank More Rewards Visa card review is neutral. A travel credit card earns you much better points, but as a no-fee card, the Scotiabank More Rewards card will appeal to certain people.

Read full review

My Scotiabank More Rewards Visa card review is neutral. A travel credit card earns you much better points, but as a no-fee card, the Scotiabank More Rewards card will appeal to certain people.

Read full review

Less

creditcardGenius

One of the best no fee travel cards on the market

creditcardGenius

What makes that possible is the high points earn rate and the fact that certain travel redemption options give the highest point value when you go to redeem your points. Sure, it's lacking in the travel insurance department, but for straight earning and redeeming for travel with no fees - it work...More

What makes that possible is the high points earn rate and the fact that certain travel redemption options give the highest point value when you go to redeem your points. Sure, it's lacking in the travel insurance department, but for straight earning and redeeming for travel with no fees - it works really well. The More Rewards Visa from Scotiabank allows you to earn up to 6 points on every dollar you spend.

Read full review

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Rewards Canada

Good travel reward card with no fee

Rewards Canada

Overall this card makes great sense for most people but primarily those who are More Rewards members and have More Rewards as one of their main loyalty programs, those who only get no annual fee cards as they are adverse to paying annual fees, those who need a Visa branded card to complete...More

Overall this card makes great sense for most people but primarily those who are More Rewards members and have More Rewards as one of their main loyalty programs, those who only get no annual fee cards as they are adverse to paying annual fees, those who need a Visa branded card to complete their credit card portfolio and/or those who are always wanting the maximize the value of the rewards they get on their spending and see the 2.54% as a return they could utilize!

Read full review

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User Reviews


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