Scotiabank Platinum American Express® Card
+$200 Cash Rebate From FinlyWealth
Rewards Calculator Algorithm
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$0
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Card Details
Annual Rewards
$435.26
Scene rewards
First Year Bonus
$600
Scene rewards
Annual Fee
$399
First Year Value
$636.26
$36.26 in years after
Interest Rates
Cash Advance: 9.99%
Purchase: 9.99%
Annual Fee
$399
Annual Income
Personal: $12,000
Household: N/A
Credit Score
Excellent
Welcome Bonus
Earn 50,000 bonus Scene+ points by making at least $3,000 in everyday eligible purchases in your first 3 months. Plus, for a limited time, you are eligible to earn a 10,000 Scene+ point bonus when you spend at least $1,0000 in everyday eligible purchases in your first 14 months.
Card Type
Reward: Points
Loyalty Program: Scene+
Our Rating
3.5/5
Institution
Scotiabank
Rewards
- 2 points on all eligible purchases
Scotiabank Platinum American Express® Card Points Calculator
Based on average spending
Rewards Ranking
Rewards Breakdown
All purchases
43,526 points
Annual Fee
- $399
Rewards Summary
Net Annual Rewards
43,526 points
Valued at $36.26 (after fees)
Welcome Bonus
60,000 points
Valued at $600
First Year Value
103,526 points
Valued at $636.26
Point Redemptions
Redemptions Chart
Entertainment and Experiences
$636.26
Travel
$636.26
Groceries (At Sobeys)
$636.26
Gift Cards
$377.45
Merchandise
$377.45
Insurance & Benefits
Insurance
Coverage
Emergency Out of province Medical
$2M, Up to 31 daysEmergency Medical Over 65
$2M, Up to 10 days
Trip Cancellation
$2500/person, $10000/trip
Lost or Stolen Baggage
$500/person, $1000/trip
Trip Interruption
$5000/person, $25000/trip
Baggage Delay
$1000 After 4 hours
Flight Delay
$1000/person
Travel Accident
$500K/person, $1M/occurrence.svg)
Car Rental Damage & Theft
$65K up to 48 days
Hotel Burglary Insurance
$1000/occurrence
Mobile Device Insurance
$1000
Purchase Protection
120 days
Extended Warranty
Up to a year
Benefits
Details
No Foreign Transaction Fees
Airport Lounge - Plaza Premium
10 Visits, 4 visits for complimentary card (Combined with the Priority pass)Airport Lounge - Priority Pass
10 Visits, 4 visits for complimentary card (Combined with the Plaza Premium)
American Express Experiences
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Concierge Services
Discount
Discount on PriorityPass Membership.svg)
Status lift
Hertz #1 Club Gold Member
Extra points
Extra 3 Scene+ points per Canadian dollar spent on hotel and car rental bookings made through Scene+ Travel using your Scotiabank Platinum American Express Card
Pros & Cons
Pros
- Low Interest Rate: Offers a competitive interest rate of 9.99%.
- Strong Rewards: Earn 2x Scene+ points on all purchases.
- Airport Lounge Access: Enjoy 10 complimentary lounge visits, including Plaza Premium Lounges, through Priority Pass (membership required).
- Comprehensive Travel Insurance: Includes extensive coverage for travel-related needs.
- Flexible Travel Rewards: Points can be redeemed for travel bookings with any provider.
- No Foreign Transaction Fees: Shop internationally without extra charges.
Cons
- High Annual Fee: The annual fee is steep compared to similar cards offering similar perks.
- Limited Premium Perks: Lacks top-tier travel benefits like free checked baggage and priority boarding.