Why Should You Apply for Credit Card Scotiabank Offers? Top 5 Cards for 2024! 

Living in Canada comes with various challenges, especially for outsiders. But credit cards have become a real game-changer to the nation. 

Suppose you’re out in the morning grabbing your Booster Juice and planning to pick up your lunch from 241 Pizza. Instead of fumbling for cash or coins, you just tap your credit card. 

But what if your credit card could do more than just buy things? Like helping you build a credit history? 

This is possible with credit cards Scotiabank provides! Not only this, but you can also unlock some exclusive perks tailored to Canadian’s needs. 

In this post, we’ll explore the benefits of applying for a Scotiabank credit card and showcase the top 5 cards for 2024. But before that, let’s have a brief overview of the bank’s business lines and credit card categories.  

Business Lines of Scotiabank 

The Scotiabank comes in the top 3 leading banks in Canada. It aims to achieve sustainable growth in four of its business lines: Canadian Banking, International Banking, Global Banking and Markets, and Global Wealth Management.  

Let’s have a look at their distributions! 

For more information, click here!

How Many Categories of Credit Cards Does Scotiabank Offer in Canada? 

There are many credit cards that Scotiabank offers to fit various customer preferences.  

They are as follows: 

What Exclusive Perks Differentiate Scotiabank Credit Cards from Others? 

Here are some of the unique benefits credit cards from Scotiabank offers: 

• Seamless Management  

The bank makes managing your Scotiabank credit cards seamless with flexible tools and support services. Whether you’re looking to switch to another credit card, consolidate multiple accounts, or close your credit card account permanently, the dedicated customer support team is ready to help you. Just call 1-866-267-4935 during the business hours. 

In case you wish to increase your credit limit, you can manage your account online through ‘Scotia Online’ or visit your nearest branch for assistance.  

You can also activate your new Scotiabank card using the online services page or by calling 1-800-806-8600. If your credit card is lost, or stolen, or you need a replacement for any reason, just call 1-800-387-6466 (for Canada/USA). The bank also offers relay services for their customers who are deaf, deafened, or hard of hearing.  

• Supplementary Credit Card Options 

The bank provides an easy way to share your card’s benefits and rewards with your friends and family through a supplementary card option. The primary credit card holder can add a new cardholder to their Scotiabank credit card account in this feature.  

You can do this by providing some basic information about the person you want to add, including name, phone number, address, and more. It’s also important to ensure that you have their consent before sharing their information with Scotiabank.  

Once added, your new cardholder can enjoy many of the benefits that you do on your credit card Scotiabank offers. It includes membership access to the Scene+ program (a reward program including free meals, movies, and more).  

Moreover, if your supplementary cardholder makes daily purchases, you will get rewards (like Scene+ points and cashback) in your bank account.  

• ‘Click To Pay’ for Easy Checkouts 

The ‘Click to Pay’ feature of the bank is an easier and smarter way to shop online.  

Here’s everything you need to know about the feature: 

• Attractive Credit Card Welcome Kits 

Scotiabank includes a wide range of special offers or exclusive rewards to new cardholders. They are typically a welcome gifts for the new customers.  

For instance, in the welcome kit of the Scotia Momentum Visa Infinite Card, you will discover that you can earn cashback on everyday purchases including meals, gas, and transportation. With 4% cash back on groceries, subscriptions, and bills, 2% on gas and daily transportation, and 1% on all other purchases, you can maximize your savings.  

Similarly, if you have chosen the Scotiabank Passport Visa Infinite Card, its welcome kit allows you to enjoy access to more than 1200 airport lounges and zero foreign transaction fees.  Not only this, but you also get infinite Visa-monitored benefits, such as luxury hotels, concierge services, lifestyle and entertainment offers, and car rentals, to name a few. Such kits play a vital role in meeting your initial spending and requirements.  

• Installment Payment Options  

With ‘Scotia SelectPay’, you can enjoy the freedom to shop at once and pay in installments of 3, 6, or 12 months. This feature is available at a lower interest rate and has no fees.  

Here’s how it works! 

Let’s say you’ve found the perfect sofa for your living room, and it costs $1,200. With ‘ScotiaPay’, you have the flexibility to convert this purchase into a manageable monthly payment.  So, you moved to the checkout counter, took out your credit card from Scotiabank, and converted your $1,200 purchase into a 3-month installment plan.  

The bank will give you a lower interest rate of 5.99% for a 3-month planned installment without any installment fee. This simply means that your monthly payment will be around $400, which is adjustable to your monthly budget.  

Your payments and interests as per your ‘Scotia SelectPay Plan’ would be as follows: 

Month	Monthly Installment Payment	Interest
Month 1	$404.00	$0
Month 2	$404.00	$8.27
Month 3	$403.01	$2.74
Total	$1,211.01	$11.01

• Credit Card Protection Insurance  

The bank also offers credit card protection insurance for the financial security of credit card holders. 83% of Canadians with creditor insurance agree that it is an effective way to protect themselves and their families.  

This insurance is designed to step in during life’s unexpected events, offering help when you need it most. These events may include hospitalization, sudden death, or loss of employment.  

The bank offers 2 types of coverage bundles to fit your needs: basic coverage and comprehensive coverage. Both categories include benefits such as ‘Life Benefits’, ‘Critical Illness Benefits’, and ‘Hospitalization Benefits’. The comprehensive protection goes further by offering disability, job loss, strike, or lockout benefits as well.  

• StartRight Program for Newcomers 

For many newcomers, establishing relationships with banks like Scotiabank and gaining credits can be difficult.  

However, the ‘StartRight Program’ from Scotiabank gives welcoming and convenient banking solutions for newcomers to Canada. It allows them to manage their finances easily as they transition into their new lives.  Under the program, international students and newbies can have access to credit cards even without a credit history. They can get a loan and start building their financial world in Canada.  

Here’s what the bank does for international students and newcomers! 

Please refer here, for more information!

What are the Top 5 Credit Cards Scotiabank Offers in Canada? 

Curious about the best credit cards from Scotiabank?  

Let’s have a look below! 

Summing It Up: Why Credit Cards from Scotiabank Matters? 

One cannot overstate the importance of a credit card from Scotiabank. 

They provide cardholders with unparalleled tools, resources, and rewards to enhance their financial well-being.  With the bank’s commitment to innovation, convenience, and flexibility, its credit cards continue to be a trusted choice for Canadians. 

Whether it’s building credits, managing expenses, or increasing rewards, these cards empower cardholders to take control of their finances and put their money to good use.  

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