If you love to travel, the Scotiabank Passport Visa Infinite Card can be an essential part of your financial plan. It is the only credit card offering from a major bank than doesn’t require foreign transaction fees while providing six free lounge visits at airports during the year. New cardholders can earn over $1,100 in travel value during their first year – and even more, if you buy items outside of Canada frequently.
The rewards program for the Scotiabank Passport Visa Infinite Card provides $100 in benefits for every 10,000 points earned. New cardholders can qualify for up to 30,000 bonus points when meeting specific guidelines, such as spending $1,000 in the first three months of receiving the line of credit.
Although the card comes with a $139 annual fee, the minimum credit line, if approved, is $5,000. The interest rate on purchases is 19.99%, while it stands at 22.99% for cash advances – and those figures are subject to change.
Rewards and Benefits of the Scotiabank Passport Visa
When cardholders make purchases with the Scotiabank Passport Visa Infinite Card, they receive two rewards points for every $1 spent in an eligible category. Daily transit purchases, entertainment, dining, and grocery stores all may have eligibility.
Users receive one point for every dollar spent on any other eligible purchase.
When cardholders make a purchase outside of Canada, the foreign transaction fee gets waived. That means everyone can take advantage of a beneficial conversion rate when available without worrying about a significant cost. This benefit also applies to online purchases made in a foreign currency.
If cardholders work with the Scotia Rewards Travel Service, a best-price guarantee ensures that they receive the lowest available rate. It is also possible to book online or through a travel agency while redeeming earned points.
Account holders can also add the Scotiabank Passport Visa Infinite Card to their smartphone for comfortable payments. They also receive an Avis® Preferred Plus membership when approval for the line of credit gets finalized.
How to Qualify for the Scotiabank Passport Visa Infinite Card
Some people do not earn enough to qualify for an application to the Scotiabank Passport Visa Infinite Card. If you do not have provable assets of at least $60,000 or a minimum household income of $100,000, a different credit card is going to be a better option to consider.
You can bypass the income qualifier if you have at least $250,000 of assets under management from a verifiable resource.
Once applicants receive approval for their Scotiabank Passport Visa Infinite Card, it qualifies them for unforgettable experiences through exclusive benefits.
1. Concierge Service
The around-the-clock concierge services help cardholders to reserve a table, find tickets, or create an itinerary.
2. Hotel Collection
You receive the best available rate. Automatic room upgrades happen when they are available. Users also receive free Wi-Fi in the room after checking in with this credit card.
3. Dining and Wine Country Program
This benefit enables cardholders to dine with some of the best and most prominent names in the industry in sophisticated and private settings. Enjoy meals paired with incredible bottles of wine. If you meet the income or asset management requirements, consider applying for the Scotiabank Passport Visa Infinite Card.
Scotiabank Passport Visa Infinite Card Application
Christopher has an MBA from a top Canadian University and a decade of Big 5 banking experience plus another decade of marketing knowledge. She has a passion for writing about financial topics and has founded and developed the brand of Underbanked®.