Scotiabank Platinum American Express
Scotiabank
Annual fee
CA$399
Rewards rate
2%-1%
Welcome Bonus
80,000 points
Apply Now →on Scotiabank's website
- 2Scene+ points on all purchases
Welcome Bonus:
Earn 60,000 Scene+ points after spending $3,000 in the first 3 months, plus 20,000 points after spending $10,000 within the first 14 months.
Reward Rate:
Earn 2 Scene+ points per $1 on all purchases.
A key differentiator is its low interest rate and comprehensive travel benefits, making it a solid choice for those who travel frequently but want to avoid high fees.
Pros:
- Low interest rate
- No foreign transaction fees
Cons:
- Annual fee may be high for casual users
- Limited rewards on non-travel purchases
The Scotiabank Platinum American Express card is best suited for frequent travelers who can maximize its travel benefits and welcome bonus while justifying the annual fee. Its competitive interest rate and robust rewards program make it an appealing option for those who prioritize travel rewards and lower financing costs.