Scotiabank credit cards
Verified Oct 16, 2026CAD
8 Scotiabank cards ranked on a family's spending, each with Year 1 against every year after. Annual fees run from $0 to $399.
Advertiser disclosure: we may earn a commission when you apply through some links on this page. It never affects rank: cards are ordered by the value worked out from your spending. How we make money · Methodology
- #1
after fees: After the card's annual or monthly fee, and foreign transaction fees if you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime) aren't included.Year 1$1,240Year 2+$9403 years $3,119 after fees· pays for itself in month 1
Breakdown, earn rates and why it's ranked here
Year 1$1,240Year 2+$940Welcome or anniversary bonus$300 / $0Rewards on spending$1,060 / $1,060Fees (taken off the end)−$120 / −$120 Pays for itself in month 1 · value so far covers fees so far Year 1Year 2Year 3Earn rate by category
5xGrocGroceries5xDineDining and takeout3xGasGas and EV charging1xAirFlights1xHotelHotels and car rentals3xTransitTransit and rideshare3xStreamStreaming1xDrugDrugstores1xOnlineOnline shopping1xBillsPhone, internet and utilities1xOtherEverything elseWhy it's ranked here
- Ranked #1 of 8. By 3-year value on the family preset's spending. Over 3 years it's worth $3,119 after fees.
- Year 1. $1,240 = welcome bonus $300 + rewards $1,060 − fee $120.
- Each year after. $940 = rewards $1,060 − fee $120.
- Against #2. Beats Scotiabank Momentum Visa Infinite by $406 over 3 years, mostly on rewards on spending (+$526).
Points valued at 1.00¢ each; move the "Value points as" slider above to see what they're worth transferred.
Verified Oct 16, 2026Every term and assumption - #2
after fees: After the card's annual or monthly fee, and foreign transaction fees if you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime) aren't included.Year 1$1,184Year 2+$7643 years $2,713 after fees· pays for itself in month 1
Breakdown, earn rates and why it's ranked here
Year 1$1,184Year 2+$764Welcome or anniversary bonus$300 / $0Rewards on spending$884 / $884Fees (taken off the end)-$0 / −$120 Pays for itself in month 1 · value so far covers fees so far Year 1Year 2Year 3Earn rate by category
4%GrocGroceries1%DineDining and takeout2%GasGas and EV charging1%AirFlights1%HotelHotels and car rentals2%TransitTransit and rideshare4%StreamStreaming1%DrugDrugstores1%OnlineOnline shopping4%BillsPhone, internet and utilities1%OtherEverything elseWhy it's ranked here
- Ranked #2 of 8. By 3-year value on the family preset's spending. Over 3 years it's worth $2,713 after fees.
- Year 1. $1,184 = welcome bonus $300 + rewards $884.
- Each year after. $764 = rewards $884 − fee $120.
- Against #1. Trails Scotiabank Gold American Express by $406 over 3 years, mostly on rewards on spending (−$526).
- Against #3. Beats Scotiabank Platinum American Express by $498 over 3 years, mostly on annual fees (+$957).
Verified Oct 16, 2026Every term and assumption - #3
after fees: After the card's annual or monthly fee, and foreign transaction fees if you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime) aren't included.Year 1$1,205Year 2+$4053 years $2,215 after fees· pays for itself in month 2
Breakdown, earn rates and why it's ranked here
Year 1$1,205Year 2+$405Welcome or anniversary bonus$800 / $0Rewards on spending$804 / $804Fees (taken off the end)−$399 / −$399 Pays for itself in month 2 · value so far covers fees so far Year 1Year 2Year 3Earn rate by category
2xGrocGroceries2xDineDining and takeout2xGasGas and EV charging2xAirFlights2xHotelHotels and car rentals2xTransitTransit and rideshare2xStreamStreaming2xDrugDrugstores2xOnlineOnline shopping2xBillsPhone, internet and utilities2xOtherEverything elseWhy it's ranked here
- Ranked #3 of 8. By 3-year value on the family preset's spending. Over 3 years it's worth $2,215 after fees.
- Year 1. $1,205 = welcome bonus $800 + rewards $804 − fee $399.
- Each year after. $405 = rewards $804 − fee $399.
- Against #2. Trails Scotiabank Momentum Visa Infinite by $498 over 3 years, mostly on annual fees (−$957).
- Against #4. Beats Scotiabank American Express Card by $211 over 3 years, mostly on annual fees (−$1,197).
Points valued at 1.00¢ each; move the "Value points as" slider above to see what they're worth transferred.
Verified Oct 16, 2026Every term and assumption - #4
after fees: After the card's annual or monthly fee, and foreign transaction fees if you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime) aren't included.Year 1$735Year 2+$6353 years $2,004 after fees· no fee to cover
Breakdown, earn rates and why it's ranked here
Year 1$735Year 2+$635Welcome or anniversary bonus$100 / $0Rewards on spending$635 / $635Fees (taken off the end)-$0 / -$0 No annual fee Year 1Year 2Year 3Earn rate by category
3xGrocGroceries2xDineDining and takeout2xGasGas and EV charging1xAirFlights1xHotelHotels and car rentals2xTransitTransit and rideshare2xStreamStreaming1xDrugDrugstores1xOnlineOnline shopping1xBillsPhone, internet and utilities1xOtherEverything elseWhy it's ranked here
- Ranked #4 of 8. By 3-year value on the family preset's spending. Over 3 years it's worth $2,004 after fees.
- Year 1. $735 = welcome bonus $100 + rewards $635.
- Each year after. $635 = rewards $635.
- Against #3. Trails Scotiabank Platinum American Express by $211 over 3 years, mostly on annual fees (+$1,197).
- Against #5. Beats Scotiabank Momentum Visa by $369 over 3 years, mostly on annual fees (+$147).
Points valued at 1.00¢ each; move the "Value points as" slider above to see what they're worth transferred.
Verified Oct 16, 2026Every term and assumption - #5
after fees: After the card's annual or monthly fee, and foreign transaction fees if you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime) aren't included.Year 1$545Year 2+$5453 years $1,635 after fees· pays for itself in month 1
Breakdown, earn rates and why it's ranked here
Year 1$545Year 2+$545Rewards on spending$594 / $594Fees (taken off the end)−$49 / −$49 Pays for itself in month 1 · value so far covers fees so far Year 1Year 2Year 3Earn rate by category
2%GrocGroceries1%DineDining and takeout2%GasGas and EV charging1%AirFlights1%HotelHotels and car rentals2%TransitTransit and rideshare2%StreamStreaming2%DrugDrugstores1%OnlineOnline shopping2%BillsPhone, internet and utilities1%OtherEverything elseWhy it's ranked here
- Ranked #5 of 8. By 3-year value on the family preset's spending. Over 3 years it's worth $1,635 after fees.
- Year 1. $545 = rewards $594 − fee $49.
- Each year after. $545 = rewards $594 − fee $49.
- Against #4. Trails Scotiabank American Express Card by $369 over 3 years, mostly on annual fees (−$147).
- Against #6. Beats Scotiabank Passport Visa Infinite by $35 over 3 years, mostly on annual fees (+$303).
Verified Oct 16, 2026Every term and assumption - #6
after fees: After the card's annual or monthly fee, and foreign transaction fees if you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime) aren't included.Year 1$700Year 2+$4503 years $1,600 after fees· pays for itself in month 1
Breakdown, earn rates and why it's ranked here
Year 1$700Year 2+$450Welcome or anniversary bonus$250 / $0Rewards on spending$600 / $600Fees (taken off the end)−$150 / −$150 Pays for itself in month 1 · value so far covers fees so far Year 1Year 2Year 3Earn rate by category
3xGrocGroceries2xDineDining and takeout1xGasGas and EV charging1xAirFlights1xHotelHotels and car rentals2xTransitTransit and rideshare1xStreamStreaming1xDrugDrugstores1xOnlineOnline shopping1xBillsPhone, internet and utilities1xOtherEverything elseWhy it's ranked here
- Ranked #6 of 8. By 3-year value on the family preset's spending. Over 3 years it's worth $1,600 after fees.
- Year 1. $700 = welcome bonus $250 + rewards $600 − fee $150.
- Each year after. $450 = rewards $600 − fee $150.
- Against #5. Trails Scotiabank Momentum Visa by $35 over 3 years, mostly on annual fees (−$303).
- Against #7. Beats Scotiabank Scene+ Visa by $200 over 3 years, mostly on rewards on spending (+$450).
Points valued at 1.00¢ each; move the "Value points as" slider above to see what they're worth transferred.
Verified Oct 16, 2026Every term and assumption - #7
after fees: After the card's annual or monthly fee, and foreign transaction fees if you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime) aren't included.Year 1$500Year 2+$4503 years $1,400 after fees· no fee to cover
Breakdown, earn rates and why it's ranked here
Year 1$500Year 2+$450Welcome or anniversary bonus$50 / $0Rewards on spending$450 / $450Fees (taken off the end)-$0 / -$0 No annual fee Year 1Year 2Year 3Earn rate by category
2xGrocGroceries1xDineDining and takeout1xGasGas and EV charging1xAirFlights1xHotelHotels and car rentals1xTransitTransit and rideshare1xStreamStreaming1xDrugDrugstores1xOnlineOnline shopping1xBillsPhone, internet and utilities1xOtherEverything elseWhy it's ranked here
- Ranked #7 of 8. By 3-year value on the family preset's spending. Over 3 years it's worth $1,400 after fees.
- Year 1. $500 = welcome bonus $50 + rewards $450.
- Each year after. $450 = rewards $450.
- Against #6. Trails Scotiabank Passport Visa Infinite by $200 over 3 years, mostly on rewards on spending (−$450).
- Against #8. Beats Scotiabank Momentum No-Fee Visa by $472 over 3 years, mostly on rewards on spending (+$522).
Points valued at 1.00¢ each; move the "Value points as" slider above to see what they're worth transferred.
Verified Oct 16, 2026Every term and assumption - #8
after fees: After the card's annual or monthly fee, and foreign transaction fees if you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime) aren't included.Year 1$376Year 2+$2763 years $928 after fees· no fee to cover
Breakdown, earn rates and why it's ranked here
Year 1$376Year 2+$276Welcome or anniversary bonus$100 / $0Rewards on spending$276 / $276Fees (taken off the end)-$0 / -$0 No annual fee Year 1Year 2Year 3Earn rate by category
1%GrocGroceries0.5%DineDining and takeout1%GasGas and EV charging0.5%AirFlights0.5%HotelHotels and car rentals1%TransitTransit and rideshare1%StreamStreaming1%DrugDrugstores0.5%OnlineOnline shopping1%BillsPhone, internet and utilities0.5%OtherEverything elseWhy it's ranked here
- Ranked #8 of 8. By 3-year value on the family preset's spending. Over 3 years it's worth $928 after fees.
- Year 1. $376 = welcome bonus $100 + rewards $276.
- Each year after. $276 = rewards $276.
- Against #7. Trails Scotiabank Scene+ Visa by $472 over 3 years, mostly on rewards on spending (−$522).
Verified Oct 16, 2026Every term and assumption
All values are after each card's annual or monthly fee, and foreign transaction fees when you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime or Instacart+) aren't included.
Rates, fees and offers are set by the issuer and may change. Check the issuer's terms before you apply. We don't estimate approval odds.
Values for points and miles are estimates based on published redemption valuations; actual value depends on how you redeem.
3-year value on each preset
points at their cash value, after fees. "~" marks estimates.
| Card | Student | Couple | Family | Frequent traveller | Big spender |
|---|---|---|---|---|---|
| Scotiabank Gold American Express | $989 | $2,401 | $3,119 | $3,166 | $6,233 |
| Scotiabank Momentum Visa Infinite | $892 | $2,060 | $2,713 | $2,472 | $5,114 |
| Scotiabank Platinum American Express | −$288 | $1,643 | $2,215 | $2,597 | $5,534 |
| Scotiabank American Express Card | $703 | $1,556 | $2,004 | $2,105 | $4,139 |
| Scotiabank Momentum Visa | $407 | $1,198 | $1,635 | $1,675 | $3,469 |
| Scotiabank Passport Visa Infinite | $372 | $1,191 | $1,600 | $1,737 | $3,710 |
| Scotiabank Scene+ Visa | $450 | $1,078 | $1,400 | $1,537 | $3,132 |
| Scotiabank Momentum No-Fee Visa | $377 | $772 | $928 | $1,011 | $1,758 |
Frequently asked questions
Which Scotiabank card is best?
On a family's spending, Scotiabank Gold American Express is worth the most over 3 years ($3,119).
What do Scotiabank cards cost?
Annual fees from $0 to $399 across the 8 cards listed here.
What rewards do Scotiabank cards earn?
Scene+, Cash back. Points are shown in dollars at the program's cash or statement-credit value unless you choose another redemption.
Sources
- Amex Cobalt card page
- Milesopedia points valuations, in effect since September 1, 2026
- Prince of Travel points valuations (cross-check, high end of range)
- CIBC Aventura Visa Infinite card page
- RBC Avion Visa Infinite card page
- PC World Elite Mastercard page
- WestJet RBC World Elite Mastercard page (70,000 points = up to $700 off travel)
- National Bank World Elite Mastercard page (redemption examples)
Estimates for information only; not financial advice. See how cards are ranked.