Scotiabank GM VISA Infinite Card

Scotiabank® GM®* Visa Infinite* Card

Card Features

  • First year annual fee waived◊
  • Get closer to your new car with up to 5% in GM Earnings
  • Earn 5% in GM Earnings on the first $10,000 spent annually, and 2% thereafter
  • $1 in GM Earning = $1 off the purchase price or lease of a new Chevrolet, Buick, GMC, or Cadillac
  • No earning or redemption caps
  • Earnings do not expire
  • Enjoy the same great rewards in 5 unique designs
  • Travel with peace of mind with VISA Infinite benefits, including Travel Medical Insurance, Rental Car Insurance, Trip Interruption Insurance, and more
  • Purchase Security and Extended Warranty
  • Rates, fees and other information are effective as of February 1, 2018. Subject to change.

◊ We will waive the initial annual fee for the primary card and each additional supplementary card for the first year (the “Offer”). Offer applies to new Scotiabank credit card account (“Accounts”) only that are opened by June 30, 2019. Any additional supplementary cards must be issued by June 30, 2019 to qualify for the Offer.

Former or current Scotiabank credit cardholders of any kind in the past 2 years, including those that transfer from an existing Scotiabank credit card account or re-open a closed Scotiabank credit card account, are excluded from this Offer.
The current annual fee is $79 for the primary card and $39 for each additional supplementary card.

The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions). All rates, fees, features and benefits are subject to change. Offers may be changed, cancelled or extended and cannot be combined with any other offers.

Interest Rates

Purchase APR: 19.99%

Balance Transfer APR: 22.99%

Cash Advance APR: 22.99%

Annual Fee

First year free then $79

Additional Cardholders: $39

Pros

  • Best for big spenders with a long term reward goal
  • Earnings do not expire

Cons

  • Excellent credit required for approval

Bonus Offer

$79 Waived for the first year*

Introductory Rates

None

Reward Earnings Rate

5% on first $10,000 spent, then 2% thereafter

Additional Details

Grace Period: See Terms*

Fees

Balance Transfer Fee: 1.00%

Cash Advance Fee: $2.50

Foreign Transaction Fee: 2.5%

Over Credit Limit Fee: $29