Your guide to travel cards at Scotiabank

The right travel card can make all the difference in your international adventures, providing convenience and security while saving money. Scotiabank offers a range of exciting travel credit cards.

In this guide, we’ll explore the benefits of Scotiabank's travel cards and explain how Wise's multi-currency card with a mid-market exchange rate could you even more.

See the World the Wise way 🌏 Get your Wise account and card here

We'll look at:
Key Features Of Scotiabank Travel Cards How To Get A Scotiabank Travel Card Using Your Scotiabank Travel Card Abroad Managing Your Card While Travelling

Key Features Of Scotiabank Travel Cards

Here are some Scotiabank's fees and insurance benefits you would want to know for the travel cards they offer:

	Scotiabank Passport Visa Infinite Card	Scotiabank Gold American Express Card	Scotiabank American Express Card	Scotiabank Platinum American Express Card
Currency Conversion Charges	2.5%²	2.5%²	2.5%²	2.5%²
Minimum Credit Limit	CA$ 5,000¹	CA$ 5,000³	CA$ 1,000⁴	CA$ 10,000⁵
Interest Rates	20.99% on purchases 22.99% on cash advances¹	20.99% on purchases 22.99% on cash advances³	19.99% on purchases 22.99% on cash advances⁴	9.99% on purchases 9.99% on cash advances⁵
Annual Fees	CA$ 150/year¹	CA$ 120/year³	CA$ 0/year⁴	CA$ 399/year⁵
ATM Fees outside Canada	CA$ 5 - CA$ 7.50²	CA$ 5- CA$ 7.50²	CA$ 5 - CA$ 7.50²	CA$ 5 - CA$ 7.50²
Overlimit Fee	CA$ 29²	CA$ 29²	CA$ 29²	CA$ 29²
Dishonoured Payment Fee	CA$ 48²	CA$ 48²	CA$ 48²	CA$ 48²

Travel Insurance Benefits

Scotiabank Passport Visa Infinite Card¹

• Travel Emergency Medical Insurance
• Trip Cancellation / Trip Interruption Insurance
• Flight Delay Insurance
• Delayed and Lost Baggage Insurance
• Rental Car Collision Loss/Damage Insurance
• Hotel/Motel Burglary Insurance
• Travel Accident Insurance
• Purchase Security & Extended Warranty Protection

Scotiabank Gold American Express Card³

• Travel Emergency Medical Insurance
• Trip Cancellation / Trip Interruption Insurance
• Flight Delay Insurance
• Delayed and Lost Baggage Insurance
• Travel Accident Insurance
• Rental Car Collision Loss/Damage Insurance
• Hotel/Motel Burglary Insurance
• Mobile Device Insurance
• Purchase Security & Extended Warranty Protection

Scotiabank American Express Card⁴

• Mobile Device Insurance
• Purchase Security & Extended Warranty Protection

Scotiabank Platinum American Express Card⁵

• Travel Emergency Medical Insurance
• Trip Cancellation / Trip Interruption Insurance
• Flight Delay Insurance
• Rental Car Collision Loss/Damage Insurance
• Delayed and Lost Baggage Insurance
• Travel Accident Insurance
• Hotel/Motel Burglary Insurance
• Mobile Device Insurance

Tip: International Usage

Scotiabank's travel credit cards are widely accepted and can be used internationally. However, some merchants might accept cards only in their local currency.

Wise's multi-currency card allows you to hold multiple currencies on one card and make payments at the mid-market exchange rate, saving you even more money. You get to spend like a local, almost everywhere in the world!

How To Get A Scotiabank Travel Card

Scotiabank makes the eligibility criteria for the Scotiabank Passport Visa Infinite Card readily available. :

Card	Eligibility Criteria
Scotiabank Passport Visa Infinite Card	Minimum Annual Income: CA$ 60,000 \ Minimum Household Income: CA$ 100,000 \ Minimum Assets Under Management: CA$ 250,000¹

Scotiabank provides other eligibility requirements only once you begin the card application process. :

Card	Eligibility Criteria
Scotiabank Gold American Express Card⁶	Minimum Annual Income: CA $12,000 Canadian Residency At Least the Age of Majority in your Province No Bankruptcy in the Last 7 Years Access to Your Credit Bureau Report
Scotiabank American Express Card⁷	Minimum Annual Income: CA$ 12,000 Canadian Residency At Least the Age of Majority in your Province No Bankruptcy in the Last 7 Years Access to Your Credit Bureau Report
Scotiabank Platinum American Express Card⁸	Minimum Annual Income: CA$ 12,000 Canadian Residency At Least the Age of Majority in your Province No Bankruptcy in the Last 7 Years Access to Your Credit Bureau Report

The application process is relatively straightforward for all the cards, beginning with creating a Scotiabank account or accessing your current account online and then filling out a form.

Using Your Scotiabank Travel Card Abroad

When making ATM withdrawals, try to use ATMs affiliated with the Global ATM Alliance. You will avoid any additional fees for international withdrawals.

Always pay in the local currency at point-of-sale terminals for the best exchange rate and to avoid hidden fees.

Wise's multi-currency card complements your Scotiabank travel card offering mid-market exchange rates, and no hidden fees. This means you’ll get the most accurate and fair exchange rate without hidden fees or markups.

Pro tip: While there are no additional fees for using Wise's card at point-of-sale terminals, there may be fees for adding money from your credit card to your Wise account. It’s best to plan and transfer larger amounts at once rather than making multiple smaller transfers.

Wise's multi-currency card is available to anyone 18 or older in Canada, making it ideal for students and professionals alike.

There are no annual or monthly fees associated with using Wise's card, so you won't have to worry about hidden charges eating into your travel budget. With two free ATM withdrawals per month (up to 350 CAD), you can easily access cash when needed with minimal fees.

Wise makes using its multi-currency card simple and convenient. To start, create or log in to your Wise account. Once Wise verifies your account, you can add money from your credit card to the local currency.

From there, use either the virtual or physical card provided by Wise to make purchases. Simply pay in the local currency at point-of-sale terminals and enjoy a fair exchange rate without added fees.

Please see the Terms and Conditions for your region and visit our pricing page for the most up-to-date pricing and fee information on Wise products.

Managing Your Card While Travelling

Scotiabank's travel credit cards include a user-friendly mobile app to track spending, view transactions, check balances and make payments. You can view your transactions, check your balance, and even make payments directly from the app.

Keep your PIN secure and never share it with anyone. Be aware of potential scams that target tourists in popular destinations. If those precautions don’t work, Scotiabank has 24/7 customer service available for assistance with the loss or theft of your card. They can help you block your card and issue a replacement.

Wise's multi-currency card could also serve as your backup option in emergencies, with its ability to hold over 50 currencies and provide the mid-market exchange rate for each transaction.

To Sum It Up

From no annual fee to premium cards with exclusive benefits, there’s a Scotiabank card for every type of traveler.

Those who want to earn rewards while traveling abroad will find the Scotiabank Passport Visa Infinite Card perfect. . The Gold American Express Card offers a higher earning potential on everyday purchases, while the American Express Card has no annual fee and still earns rewards. Those who prioritize luxury may find the Platinum American Express Card worth the higher annual fee.

All Scotiabank travel cards have fees that can quickly add up. The Wise multi-currency card, helps you avoid high conversion charges and save on cross-currency transactions with its mid-market exchange rate. No hidden fees or markups.

Try Wise's multi-currency card with your Scotiabank travel card for a hassle-free, cost-effective travel experience. Sign up for free today and start saving on your international transactions!

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Sources:

1. Scotiabank
2. Scotiabank
3. Scotiabank
4. Scotiabank
5. Scotiabank
6. Scotiabank
7. Scotiabank
8. Scotiabank

Sources verified on 7 June 2024