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Side by Side Credit Cards Comparison
Scotiabank American Express® CardVSScotiabank Value® Visa* Card
Which one is better?
Scotiabank American Express® Card
3.3
RECOMMENDED CREDIT SCORE*
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
Scotiabank Value® Visa* Card
4.1
RECOMMENDED CREDIT SCORE*
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
Welcome Bonus
- Earn up to 5,000 bonus Scene+ points within your first 3 months (that’s up to $50 towards travel). Terms and conditions apply.
Offer valid from October 31, 2025 - April 30,2026.
Welcome Bonus
0.99% introductory interest rate on balance transfers for the first 9 months (2% fee per cash advance, 13.99% after that; annual fee $29). Plus no annual fee in the first year.
Offer valid from October 31, 2025 - October 31, 2026.
Our Cash Offer
$50 Cash Rebate offer from FinlyWealth
Our Cash Offer
$50 Cash Rebate offer from FinlyWealth
Rewards Breakdown
Scene+
Annual Rewards
$352.68
35,268 pts
Scene+
First Year Bonus
+
$75
+7,500 pts
Scene+
Annual Fee
-
$0
Finly Rebate
+
$50Exclusive Offer
First Year Value
$477.68
42,768 pts
$352.68 in years after
Based on a hypothetical $2,000/mo average spending.
1¢/pt
via Entertainment
Rewards Breakdown
Rewards breakdown is not available for this card.
How to Earn Rewards
- Earn 3x Scene+ points on every $1 you spend at Sobeys, Safeway, Freshco and more
- Earn 2x Scene+ points for every $1 you spend on restaurants, fast food, drinking establishments and other eligible grocery stores. Includes popular food delivery and food subscriptions.
- Earn 2x Scene+ points for every $1 you spend on eligible entertainment purchases. Includes movies, theatre and ticket agencies stores.
- Earn 2x Scene+ points for every $1 you spend on eligible gas and daily transit. Includes rideshares, buses, subway, taxis and more
- Earn 2x Scene+ points for every $1 you spend on eligible select streaming services
- Plus earn 1 Scene+ point for every $1 spent on all other eligible everyday purchases
- Earn additional benefits + up to 4x Scene+ points for every dollar you spend on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia
How to Earn Rewards
This card does not earn rewards on purchases but instead offers much lower interest rates.
Insurance Included
Mobile Device Insurance
$500
Extended Warranty
Up to a year
Purchase Protection
90 days
Insurance Included
Balance Protection
optional
Extra Benefits
Car Rental Discount
25% off base rate of Avis Rent A Car and Budget Rent A Car
American Express® Experiences
Extra Benefits
Car Rental Discount
Avis car rental discount up to 25% worldwide
Interest Rates
Purchase:
19.99%
Cash Advance:
22.99%
Balance Transfer:
22.99%
Interest Rates
Purchase:
13.99%2
Cash Advance:
13.99%2
Balance Transfer:
13.99%2
2 Rates, fees and other information are effective as of January 3, 2025. Subject to change.
Annual Fee
$0
Annual Fee
$29
$0$
First Year Rebated
Income Required
Min Personal Income:
$12,000
Min Household Income:
N/A
Income Required
Min Personal Income:
N/A
Min Household Income:
N/A
Loyalty Program
Loyalty Program
N/A
Point Redemption Options
Entertainment
1¢ / point
Travel
1¢ / point
Groceries (Sobeys)
1¢ / point
Restaurants
1¢ / point
Merchandise
0.76¢ / point
Gift Cards
0.74¢ / point
Statement Credits (Cash)
0.7¢ / point
Point Redemption Options
Not Applicable
Is this card worth it?
If you're looking to earn travel rewards without an annual fee, the Scotiabank American Express® Card is a great choice. It offers flexible Scene+ points on everyday purchases, allowing you to redeem rewards for travel, entertainment, and more—all while enjoying plenty of perks at no extra cost.
Is this card worth it?
This is a great card for those who carry a balance every month and want to take advantage of much lower interest rates compared to most other cards. It also comes with a great introductory balance transfer rate for a limited number of months.
Pros
- Strong rewards
- Mobile device insurance
- Exclusive perks
- No annual fee
- Flexible redemptions
Pros
- Balance transfer promotion
- Low interest rates
- First-year fee rebate
- Balance protection
- Car rental discounts
Cons
- Limited insurance
- Lower acceptance
Cons
- No rewards
- Limited extras
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Legal
See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.