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Scotiabank is one of Canada's largest banks. It operates beyond Canada as well, in over 50 countries. Therefore, once you become a Scotiabank credit cardholder, you'll benefit from their presence wherever you travel.

Scotiabank caters to many credit card shoppers, from travel credit cards to student and newcomer credit cards. You can easily find a credit card suitable for your spending needs. Compared to alternative lenders and credit unions, the Scotiabank credit cards are superior.

One great thing about Scotiabank credit cards is that most have low or no annual fees. A few also have no foreign transaction fees. Scotiabank has a lucrative rewards program as well.

Types of Scotiabank Credit Cards

It may come as no surprise that Scotiabank has a comprehensive suite of credit cards. They offer 16 personal credit cards in total, a combination of cards in their name and co-branded cards.

Scotiabank Reward Program

Scotiabank credit cards give cardholders access to the credit card rewards points program. It's called Scene+. You can earn these benefits with participating credit cards, including the Scotiabank Gold American Express Card. Their student credit card earns Scene+ points as well.

You can earn Scene+ rewards quickly. The Scotiabank Platinum American Express Card even accelerates the travel rewards you earn.

Scene+ rewards can be redeemed for several benefits. This includes:

• Cashback
• Charity donations
• Statement credits
• Travel (hotels, flights, car rentals, and more)
• Merchandise through the Apply and Best Buy Catalogue
• Dining at Fionn MacCools, Paddy Flaherty’s, Swiss Chalet and more
• Entertainment at Cineplex Theatres, Playdium, The Rec Room, and Cineplex Store

Besides earning rewards points, some Scotiabank credit cards have cashback benefits.

Scotiabank Partnerships

The co-branded Scotiabank credit cards offer great value and benefits. Scotiabank provides credit cards affiliated with the following companies:

• American Express
• General Motors
• Cineplex

Pros and Cons of Scotiabank Credit Cards

Getting a credit card from a major bank has its benefits and drawbacks. Consider the following pros and cons when deciding on a credit card.

The Pros of Scotiabank Credit Cards

• Low or no annual fees. Most Scotiabank credit cards don’t have an annual fee, and if they do, it’s lower than other credit cards. Eleven of their credit cards don’t have annual fees above $100.
• No foreign transaction fee options are available. If you want to avoid the charge, you get when you don't pay in Canadian dollars, Scotiabank has a card for you. Frequent travellers can benefit from the no foreign transaction fees on the Scotiabank Passport™ Visa Infinite* Card.
• Competitive earn rates. Scotiabank's credit cards offer great value with the cashback and points rewards compared to other credit card providers.
• Comprehensive insurance options. Most Scotiabank credit cards come with insurance packages that include flight delays and travel emergency medical coverage.

The Cons of Scotiabank Credit Cards

• High standard interest rates. Besides the low-interest credit cards, all other Scotiabank credit cards have interest rates on purchases and cash advances between 20% and 23%. This includes the student credit card.
• Limited acceptance with Amex cards. The American Express payment processing network is widely known for its limited acceptance. Some of the cards Scotiabank offers run on this network. This may be an issue, especially at Loblaws and Costco stores.