Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Finly factors in all the reward limits and fine prints of every single credit card so you can be sure your results are as accurate as possible.
Your Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$2,000
Restaurant, Fast Food & Coffee Shop
$
Grocery
$
Recurring Purchases (Bills, Subscriptions, Rent via Chexy)
$
Gas
$
Transportation
$
Entertainment (Movies, Concerts, etc.)
$
Foreign Purchases (Non $CAD)
$
Travel (Flights, Hotels, etc.)
$
Pharmacy
$
Online Shopping
$
Home Improvement (Renovation, Furniture)
$
Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey
$
Other Purchases Not Specified
$
Card Details
Based on $2,000 spending
First Year Value
$443.9
$193.9 in years after
Annual Rewards
$343.9
Scene+
First Year Bonus
$250
Scene+
Annual Fee
$150
First Year Value
$443.9
$193.9 in years after
Interest Rates
Cash Advance: 22.99%
Purchase: 20.99%
Balance Transfer: 22.99%
Annual Fee
$150
Annual Income
Personal: $60,000
Household: $100,000
Credit Score
Good
Welcome Bonus
Earn 25,000 bonus Scene+ points by making at least $1,000 in everyday eligible purchases in your first 3 months. Plus, as a Scotiabank Passport Visa Infinite cardholder, you are eligible to earn an annual 10,000 Scene+ point bonus when you spend at least $40,000 in everyday eligible purchases annually. Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switch from an existing Scotiabank personal credit card, as well as employees of Scotiabank, are not eligible for the 25,000 bonus points offer. All cardholders remain eligible to earn an annual 10,000 Scene+ point bonus with an annual spend of at least $40,000. Expires January 2, 2025.
Card Type
Category: Points
Loyalty Program: Scene+
Our Rating
4.8/5
Voted Best Foreign Exchange Credit Card in 2024
Institution
Scotiabank
Rewards†
- 3 Points on on every $1 you spend at Sobeys, Safeway, IGA, Foodland & Participating Co-ops
- 2 Points dining and at other eligible grocery stores, entertainment purchases which includes movies, theatre, and ticket agencies and Rides which includes rideshare, buses, taxis, subways and more
- 1 Point on everything else
Scotiabank Passport® Visa Infinite* Card Points Calculator
Based on $2,000 spending
Rewards Ranking
Rewards Breakdown
Grocery stores participating in Scene+ Reward program
3,096 points
All other categories with bonus points
18,546 points
All other purchases
12,748 points
Annual Fee
- $150
Net Annual Rewards
34,390 points
Valued at $193.9 (after fees)
Rewards Summary
Net Annual Rewards
34,390 points
Valued at $193.9 (after fees)
First Year Card Bonus
25,000 points
Valued at $250
First Year Card Value
59,390 points
Valued at $443.9
Point Redemptions
Redemptions Chart
Entertainment and Experiences
$443.9
Travel
$443.9
Groceries (At Sobeys)
$443.9
Gift Cards
$289.49
Restaurants
$443.9
Merchandise
$301.37
Statement Credits
$265.73
Insurance & Benefits†
Insurance
Coverage
Emergency Out of province Medical
$2M/insured up to 25 daysEmergency Medical Over 65
$2M/insured up to 3 days
Trip Cancellation
$1,500/person, $10,000/trip
Trip Interruption
$2,500/person, $10,000/trip
Flight Delay
$500/person after 4 hours
Lost or Stolen Baggage
$1000Baggage Delay
$1000
Travel Accident
$500,000/insured, $1M combined.svg)
Car Rental Damage & Theft
$65,000 up to 48 days
Hotel Burglary Insurance
$1,000
Purchase Protection
90 days
Extended Warranty
1 year
Benefits
Details
No Foreign Transaction Fees
Avoid the usual 2.5% forex fees on your purchases when you travel outside of Canada
Airport Lounge - Dragon Pass
6 Free complimentary visits.svg)
Status lift
Avis® Preferred Plus membership.svg)
Concierge Services
Visa Infinite Exclusive Benefits
Pros & Cons
Pros
- High Rewards on Select Purchases: Earn up to 3 points per $1 spent on select categories.
- No Foreign Transaction Fees: Shop abroad without additional charges.
- Comprehensive Insurance: Includes 11 types of insurance coverage.
- Airport Lounge Access: Enjoy up to 6 airport lounge passes per year through the Visa Airport Companion program.
Cons
- High Income Requirements: Requires $60,000 personal or $100,000 household income.
- Lower Overall Rewards: Rewards potential is lower compared to premium credit cards.
- High Annual Fee: Comes with a significant annual fee.
- Average Insurance Coverage: Insurance benefits are standard, not exceptional.
- Mediocre Earnings Potential: The card’s rewards structure might not offer the highest returns for every spender.
Scotiabank Passport® Visa Infinite* Card Review
Choosing a credit card for travel isn't easy. You want to opt for a card with great benefits, wide acceptability, and a reasonable annual fee. Luckily, there's the Scotiabank Passport Visa Infinite Card!
The card offers lounge access with 6 complimentary visits, no foreign transaction fees—a feature offered by very few other cards—operates on the Visa network, meaning it's accepted by most merchants globally, and provides many other essential insurance options and benefits.
Because of this, we have crowned this card the Best Travel Credit Card in Canada!
Let's dive into more details on what this card has to offer:
How you Earn Rewards
- 3 Scene+ Points on on every $1 you spend at Sobeys, Safeway, IGA, Foodland & Participating Co-ops
- 2 Scene+ Points dining and at other eligible grocery stores, entertainment purchases which includes movies, theatre, and ticket agencies and Rides which includes rideshare, buses, taxis, subways and more
- 1 Scene+ Point on everything else
You also earn 25,000 bonus Scene+ points by making at least $1,000 in everyday eligible purchases within your first 3 months. Plus, you can earn an additional 10,000 bonus Scene+ points after spending $40,000 annually.
In general, you will be able to earn average rewards with this card because most of your purchases will likely fall into the 2 points category. Since the points are valued at almost 1 cent each, the effective cashback rate will be around 2%. While it’s not the best in terms of rewards, it’s not the worst either! Remember, for a good travel card, the benefits take higher priorty over the reward rate.
How Scotiabank Passport Visa Infinite Card Rewards Can be redeemed
Redeeming points optimally is usually not easy with many credit card programs, but Scene+ points might be one of the big exceptions. You can redeem them for travel, groceries, entertainment, and experiences with maximum value. Even if you don't travel or engage in much entertainment, you definitely buy groceries, so there's always a good opportunity to easily redeem your points for maximum value.
There's always the option to redeem for gift cards and merchandise but those give a lower value than the other options and therefore not recommended.
Reasons and Benefits to have Scotiabank Passport Visa
1. No Foreign Transaction Fee
When you're traveling abroad and using your credit card to make purchases in a foreign currency, you'll usually face some extra fees. While the exchange rate on your card is often pretty good, most cards add a 2.5% foreign transaction fee on top of the total, which can make using your card less affordable.
The good news is that some credit cards don’t charge this 2.5% fee, making them the best option for buying things abroad. Since it’s an expensive perk for banks to offer, not many cards include it. Some that do are on the American Express network, so they aren’t as widely accepted as Visa, especially in Europe. Other cards might not charge the fee but don’t offer rewards on international purchases.
The big exception is the Scotia Passport Visa card, which not only waives the foreign transaction fee but also earns rewards on those purchases, making it the best foreign transaction fee card available in Canada.
2. Comprehensive list of travel insurance
When choosing a credit card, it's important to make sure it offers all the key travel insurance options, without leaving anything out. The Scotiabank Passport Visa card is a great choice, as it comes with a comprehensive list of 12 different types of insurance. One of the most important coverages, which many cards skip, is trip cancellation and interruption insurance — but the Scotia Passport card includes it!
It's also rare for credit cards to offer emergency out-of-province medical insurance for people over 65, but the Scotiabank Passport Visa card includes 3 days of coverage for this group as well! This makes it an even more valuable option for older travellers who want added peace of mind.
3. Lounge visit with a higher number of visits
The card also comes with DragonPass lounge access, offering 6 complimentary visits, which is more generous than the typical 4 visits provided by other cards with this benefit. For frequent travelers, those 2 extra visits are the cherry on top of everything else the card offers!
Downsides of the Scotiabank Passport Visa Infinite Card
1. Not a great reward card
If your goal is to maximize cashback or points, this card might not be the best option on its own — or at least, it should be paired with another card. The Scotia Passport Visa is best used when you're traveling, so you might want to rely on a different card for everyday purchases when you're not abroad.
2. Annual Fee and requirements
If you're looking for a card with no annual fee or one that's easy for everyone to qualify for, this isn't the right choice. The Scotia Passport Visa has a $150 annual fee, and approval requires a high credit score along with meeting a minimum income requirement.
Scotiabank Passport Visa Infinite Card Comparison to some similar cards
| Scotiabank Passport® Visa Infinite* Card | Scotiabank Gold American Express® Card | TD Aeroplan® Visa Infinite* Card | |
|---|---|---|---|
Welcome Bonus | Up to 35,000 Scene+ points | Up to 45,000 Scene+ points ($450 value) | Up to 40,000 Aeroplan® points |
Earn Rates |
|
|
|
Insurance Included | 12 types
| 13 types
| 13 types
|
Perks | 5 perks
| 4 perks
| 10 perks
|
Annual Fee | $150 | $120 | $139 |
Income Requirements | $60,000 personal or $100,000 household | $12,000 personal or $12,000 household | $60,000 personal or $100,000 household |
Apply Now | Apply Now | Apply Now | Apply Now |
.svg){kind=small}
How to Apply for the Scotiabank Passport Visa Infinite Card
To apply for the Scotiabank Passport Visa Infinite* Card, follow these steps:
- Click on the “Apply now” button on the Scotiabank website.
- Specify if you are a current or new Scotiabank customer. If you’re an existing customer, log in; otherwise, proceed as a new applicant.
- Review the card's terms and conditions, then click "Agree and continue."
- Fill in your personal information (name, contact details, etc.) and create a username and password.
- Provide financial details, including your income and employment status.
- Upload any necessary documentation, if requested.
- Finally, review and submit your completed application.
Conclusion
If you travel frequently, the Scotiabank Passport Visa Infinite* Card is a great option to keep in your wallet. Its no foreign transaction fee feature and extensive insurance coverage can help you save significantly over time.
FAQ
Is Scotia Passport Visa Infinite First year fee waived?
The first-year fee for the Scotiabank Passport Visa Infinite* Card is no longer waived as it once was. However, you can still have the fee waived by signing up for certain premium chequing accounts offered by Scotiabank, like the Ultimate Package.
Is Scotia Passport Visa Infinite Worth it?
Absolutely, if it fits your needs. For frequent travellers, the no foreign transaction fees, travel perks, and comprehensive insurance make it a highly valuable card. However, if you rarely travel, you may benefit more from a card with rewards tailored to your everyday spending.