Scotiabank Passport Visa Infinite Card: The Offer

The Scotiabank Passport Visa Infinite Card currently offers up to $1,500 in value within your first year. Key highlights include a welcome bonus of up to 60,000 Scene+ points, valued at $600 towards travel or gift cards. The card has an annual fee of $150 and a purchase interest rate of 20.99%. Cash advances are charged at 22.99%. In addition, the first supplementary card comes with no annual fee, making it a versatile option for families and frequent travellers.

The card’s rewards program is based on the Scene+ system, offering up to 3x points at select grocery stores and 2x points on dining, entertainment, and transit. One point per $1 spent applies to all other purchases. Foreign transaction fees are waived, providing tangible savings for those who shop or travel abroad.

Applicants must meet a minimum annual income threshold ($60,000 individual or $100,000 household) or have at least $250,000 in managed assets. Eligibility for the welcome offer is generally restricted to new primary applicants who haven’t held a Scotiabank credit card in the past two years.

How to Apply: Step-by-Step

• Check your eligibility, focusing on income, residency, and card history requirements.
• Gather personal identification and proof of income.
• Choose whether to apply online through Scotiabank or visit a branch.
• Complete the application form and submit any needed supporting documents.
• Wait for approval, then activate your card and start earning benefits.

Pros of the Scotiabank Passport Visa Infinite Card

The card excels in rewards, offering up to 60,000 Scene+ points as a welcome bonus and impressive everyday earning rates on groceries, dining, and travel.

Cardholders enjoy no foreign transaction fees, up to six complimentary airport lounge visits annually, and travel insurance benefits, making it ideal for those who fly or shop internationally.

Cons of the Scotiabank Passport Visa Infinite Card

The primary trade-off is the $150 annual fee, which may not be ideal for infrequent travellers or users with low projected spending.

Eligibility criteria, including a high minimum income or assets, may exclude some applicants from accessing the card’s full benefits and welcome bonus.

Our Verdict

The Scotiabank Passport Visa Infinite Card stands out for those who travel or spend in foreign currencies, thanks to its no FX fees and robust rewards. If you meet the eligibility requirements and plan to make use of travel perks and the Scene+ program, the card’s value can easily outweigh its fee.

However, for those seeking simple cash back or holding lower annual spending, there may be better no-fee or low-fee alternatives. Nonetheless, among premium rewards cards, this offering is a leading choice in Canada.