Overview of the Scotiabank Passport™ Visa Infinite* Card

• Minimum income $60K/yr
• Household income Any
• Recommended credit score 725+
• You are a permanent Canadian resident and have reached the age of majority in the province in which you live.

Savings and Reward potential in the first 12 months includes welcome offer value, first year earn point potential, foreign transaction fee and airport lounge savings as of Feb 28,2024:

$250 in travel rewards (25,000 bonus Scene+ points) for new Scotiabank Passport Visa Infinite card clients who spend $1000 within the first 3 months;

$100 in travel rewards (10,000 bonus Scene+ points) when you spend $40,000 annually on your account each year (12 months);

$50 supplementary card annual fee waiver on the first supplementary card for new Scotiabank Passport Visa Infinite card clients;

$100 in foreign transaction fee savings based on average first year annual foreign spend per account(save the 2.5% foreign transaction fee typically chrged by card issuers);

$250 in first year point earn potential (25,000 Scene+ points) on every day purchases based on average annual first year spend per account with an average spend of 21% in 2x accelerator categories;

$350 value with a complementary Visa Airport Companion Program Membership and 6 lounge passes (annual membership plus one free visit approx. CAD $134/USD$99 plus 5 lounge passes at CAD$48/USD$35 per pass). Currency Conversions as of February 28,2024.

Potential First Year Value= up to $1,100

Actual offers, savings and rewards earned will depend on individual card usuage and eligibility for applicable offers. Conditions apply*.

Offer Description and Conditions¹: The 25,000 bonus Scene+ Points Offer applies only to new Scotiabank Passport Visa Infinite credit card accounts (“Accounts”) that are opened by December 31, 2024 subject to the conditions below. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.

Plus, as a Scotiabank Passport Visa Infinite credit cardholder, you are always eligible to earn an annual 10,000 Scene+ points bonus when you spend at least $40,000 in everyday eligible purchases annually on your Scotiabank Passport Visa Infinite account. Conditions apply-see below further details.

25,000 Bonus Scene+ Point Offer Description and Conditions: To qualify for the 25,000 bonus Scene+ points (the “25,000 Point Bonus”), you must have at least $1,000 in eligible purchases posted to your new Account within the first 3 months of the Account open date. Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers or cash-like transactions), interest, fees or other charges.

The 25,000 Point Bonus will be credited approximately 2-3 business days after the qualifying $1,000 in eligible purchases has been posted to the Account within the first 3 months of the Primary cardholder’s Account open date, provided the Account is open and in good standing. For Joint Accounts with a Primary Borrower and Co-borrower, the 25,000 Point Bonus will be credited to the Scene+ account linked to the Account of the borrower that completed the last transaction to meet the qualifying $1,000 in eligible purchases. If a supplementary cardholder completes the last qualifying transaction, the 25,000 Point Bonus will be credited to the Primary Borrower’s Scene+ account. Points can be transferred between Primary and Co-Borrower or Supplementary Cardholder’s Scene+ accounts by contacting Scene+. The Account is considered in good standing if it is not past due or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account. Bonus Offer applies to new Accounts only opened by December 31, 2024. All other terms and conditions of the Program Terms continue to apply during the Offer period.

10,000 Annual Bonus Scene+ Point Conditions: As a Scotiabank Passport Visa Infinite credit cardholder you can earn an annual Scene+ point bonus starting at 10,000 Scene+ points when you make at least $40,000 in eligible purchases annually on your Account each year (12-months). Annual period starts from the Account open date and resets every 12 months thereafter. You will earn 2,000 bonus Scene+ points for every additional $10,000 in eligible purchases thereafter in that same year, after the $40,000 annual spend has been reached. Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers or cash-like transactions), interest, fees or other charges.

The Annual bonus Scene+ points will be credited within approximately 2-3 business days after you have met the $40,000 annual spend threshold on the Account and within approximately 2-3 business days after you have met each additional $10,000 annual spend threshold on the Account, provided your Account is open and in good standing (as defined above).

Offer Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank personal credit card in the past 2 years, including those that switch from an existing Scotiabank personal credit card, as well as employees of Scotiabank, are not eligible for the offer. Subject to the above exclusions, Scotiabank small business credit cardholders are also eligible for the Offer.

Rates and Fees: The current annual fee is $150 for the primary card, $0 for the first additional card and $50 for each additional card thereafter (including those issued to co-borrowers and supplementary cardholders). The current preferred annual interest rates for this Account are: 20.99% on purchases and 22.99% on cash advances (including balance transfers and cash-like transactions). All rates, fees, features and benefits are outlined in the Application Disclosure Statement and are subject to change.