Should I Get the Scotiabank Passport Visa Infinite Card?
This card should be on your radar if travel abroad several times a year. You will not only avoid the 2.5% charge for foreign transactions but also benefit from exclusive lounge access and several insurance perks.
How Do I Qualify for the Scotiabank Passport Visa Infinite Card?
To be approved for the Scotiabank Passport Visa Infinite card, you must:
- Have a permanent Canadian residency
- Be the age of majority in your province or territory of residence
- Meet the minimum annual income requirements
- Have a credit score of at least 660
What’s the Annual Fee and Income Requirement for This Card?
The Scotia Passport Visa Infinite has an annual fee of $139. As for the income requirements, you must either have a:
- A personal annual income of at least $60,000,
- Annual domestic income of at least $100,000, or
- Assets under management of at least $250,000
Is the Welcome Offer for a Limited Time Only?
Yes. It is subject to expire on July 4, 2022.
What Does the Scotia Passport Visa Infinite Card Offer for Rewards?
The Scotia Passport Visa Infinite card offers Scene+ points on every purchase:
- 2 points on groceries, dining, entertainment, daily transit, and
- 1 point on every other eligible purchase
What Can I Redeem My Points for Besides Travelling?
You can redeem your points for experiences, gift cards, merchandise, and statement credits. However, these items won’t offer as much value as when you redeem your points for travel. The point’s value for travel redemptions is 1 cent each.
What’s the Foreign Exchange Fee for the Scotiabank Passport Visa Infinite Card?
The Scotiabank Passport Visa Infinite card doesn’t carry foreign exchange fees, which is rare for a credit card. You will save the standard 2.5% charge on purchases made outside Canadian in a foreign currency.