Scotiabank GM Visa Card review

Compare Compare  
Advertiser Disclosure

Interest Rate: Purchases
17.99%
Balance Transfer
17.99%
Rewards
5% cashback
Signup Bonus
-


Am I eligible?


Scotiabank GM 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

If you’re planning to buy a GM car in the near future, then this credit card can help you save quite a bit. However, if you decide you want a different vehicle when you’re ready to buy, those GM Earnings are basically useless to you.

- Barry Choi, Money We Have

Details


Interest Rates
Regular APR Interest Rate 17.99%
Balance Transfer Interest Rate 17.99%
Cash Advance Interest Rate 17.99%
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 5% cash back (on first $5000 spent)
  • Then 2% thereafter
  • Cash backs are in GM Earnings
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

$1 in GM Earning = $1 off the purchase price or lease of a new Chevrolet, Buick, GMC, or Cadillac

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount Yes
Extended Warranty Yes
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 Paywave
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 GM Visa Card

Rate It:

Critic Reviews


Money We Have

Actually pretty interesting

from Money We Have

If you’re planning to buy a GM car in the near future, then this credit card can help you save quite a bit. However, if you decide you want a different vehicle when you’re ready to buy, those GM Earnings are basically useless to you.

Read full review

If you’re planning to buy a GM car in the near future, then this credit card can help you save quite a bit. However, if you decide you want a different vehicle when you’re ready to buy, those GM Earnings are basically useless to you.

Read full review

Less

User Reviews


Darn, there are no reviews yet for this credit card. Be the first to write a review.