About Scotiabank Platinum American Express® Card
A Scotiabank Platinum American Express® Card is a premium credit card with attractive interest rates, Scene+™ reward-earning opportunities, and extensive insurance coverage. With a Scotiabank Platinum American Express® Card, you can save on foreign transaction fees when making purchases in foreign currencies.
Sometimes, Scotiabank announces special offers for new applicants to a Scotiabank Platinum American Express® Card. With such offers, you can earn greater amounts of Scene+™ reward points for meeting the minimum spending requirements within the given timeframe.
Scotiabank Platinum American Express® Card features
A Scotiabank Platinum American Express® Card features a 9.99% interest rate on both purchases and cash advances, with a minimum credit limit of $10,000. Using all the benefits of this card will cost you $399 per year. As for additional cards, each supplementary card will cost you $99 per year.
A Scotiabank Platinum American Express® Card allows you to skip the payment of a 2.5% foreign transaction fee for your foreign currency purchases; only the exchange rate applies.
For all the eligible purchases made with your Scotiabank Platinum American Express® Card, you will earn 2 Scene+™ reward points. Booking hotels and car rentals through Scene+ Travels with your Scotiabank Platinum American Express® Card will bring you 3 Scene+™ reward points per $1 spent.
With special offers in place, you can speed up the collection of Scene+™ rewards points provided you meet the minimum spending requirements within a given timeframe.
You can redeem the Scene+™ reward points you’ve earned with your Scotiabank Platinum American Express® Card towards:
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Purchases at participating grocery stores
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Tickets, food, and drinks at participating movie theaters
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Travels booked through Scene+ Travels
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Gift cards and merchandise at participating retailers
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Meals and drinks at participating dining locations
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Buying games, food, music, and tickets at the Rec Room and Playdium
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An account credit to participating Scotiabank debit and credit cards
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Purchases at participating pharmacies
Scotiabank Platinum American Express® Card holders can also get the advantage of exclusive benefits from American Express, such as:
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10 complimentary visits to over 1200 VIP airport lounges around the world
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Complimentary Concierge services designed to help you plan your trips, buy show tickets, or make restaurants reservations
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American Express Invites® keeping you informed about events, special offers, and shopping deals
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Platinum VIP Offers+ providing access to exclusive experiences and events in sports, music, entertainment, food, wine, golf, tennis, and other areas of interest
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Amex Offers® providing reward-earning opportunities for shopping, dining, travel, and other spending categories
In addition, your Scotiabank Platinum American Express® Card gives you the gold membership with Hertz providing access to special privileges at over 8,500 locations across 147 countries.
A Scotiabank Platinum American Express® Card also features extensive insurance coverage, including travel emergency medical insurance, trip cancellation and trip interruption insurance, flight delay insurance, rental car collision loss or damage insurance, delayed and lost baggage insurance, travel accident insurance, hotel or motel burglary insurance, purchase security, extended warranty protection, and mobile device insurance.
Pros and cons
Here are the definite advantages of a Scotiabank Platinum American Express® Card:
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No foreign transaction fees on foreign currency purchases
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Scene+™ reward-earning opportunities
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Interest-free grace period
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Exclusive benefits from American Express
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Extensive insurance coverage
The significant disadvantages are:
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A high $399 annual fee
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Minimum gross monthly income requirements to apply
How to apply for Scotiabank Platinum American Express® Card
You can apply for a Scotiabank Platinum American Express® Card online, at a Scotiabank branch near you, or by phone.
To proceed with an online application, hit the “Apply now” button next to the credit card description. If you already have any Scotiabank products, you can speed up your application process by signing in to your online banking account and filling out a shorter application form. If you are new to Scotiabank, click the “Apply as a new customer” button and fill out an extended application form with the following information:
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Your title
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Your first name
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Your last name
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Your date of birth
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Your social insurance number (optional)
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Your email
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Your phone number
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Your home address
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Your employment information (including your employment status, the field of work or industry, job title, employer, and employer’s phone number)
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Your annual employment income
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Your other annual income
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Your monthly housing expenses
Review the provided information and click the “Continue” button. Then, you will need to create a PIN and choose a secret word. If you want to make your account paperless, register a supplementary cardholder, or add creditor insurance coverage, let Scotiabank know about that by specifying it in your application. To complete the application form, agree with the terms and conditions and hit the “Continue” button.
Applying for a Scotiabank Platinum American Express® Card requires you to have a minimum gross monthly income requirement of $1,000.