Scotiabank Passport Visa Infinite Review 2023

This WealthRocket article provides an in-depth Scotiabank Passport Visa Infinite review, detailing how the card works, how to use it effectively, and what it can provide you in everyday spending.

The Scotiabank Passport Visa Infinite offers benefits that support traveling, including:

• No foreign transaction fees when you make purchases abroad
• Six complimentary airport lounge visits per year
• Complimentary Preferred Plus Membership with Avis Car Rental
• Access to the Scotia Rewards Travel Service with a “best price guarantee”
• Comprehensive travel insurance coverage that includes flight delay, lost baggage, hotel burglary, travel accident rental car, and trip cancellation or interruption

The Scotiabank Passport Visa Infinite Card rewards program targets young travelers, aligning with spending habits often made by college graduates or millennials.

The rewards program includes two points per dollar on the first $50,000 per year spent on public transit or transportation (including Uber and Lyft), entertainment, dining, and groceries, and one point per dollar on all other purchases on the two-point categories once reaching the $50,000 annual threshold.

Also appealing to youth is the Scotiabank Passport Visa infinite’s ability to let cardholders convert Scotia Rewards to SCENE points, redeemable for free movies. Cardholders can convert their points back to Scotia Rewards at will.

The Visa Infinite program available on the card gives them access to The Visa Concierge, which can help them with travel or dining reservations to help them score tickets to a show.

Plus, its Dining and Wine Country Program ensures one-of-a-kind dining experiences with the biggest names in the food industry, so they can still feel like they’re somewhere else at home.

Then, when the cardholder decides to travel, the Visa Hotel Collection gives you an automatic room upgrade when available and free Wi-Fi wherever you stay.

To qualify for the Scotiabank Passport Visa Infinite Card, you will need to be a citizen or permanent resident of Canada who has reached the age of majority in the province or territory where you live.

You must not have declared bankruptcy in the past seven years, and you must meet one of the following requirements:

• Have at least $60,000 in annual personal income.
• Have at least $100,000 in annual household income.
• Have at least $250,000 in assets under management.

In addition, your credit score should be good to excellent, which translates to somewhere between 740 to 850 or higher.

All these benefits and features do not come cheap.

The annual fee for this card is $139, which isn’t too inexpensive. However, the $300 in travel purchases cardholders can receive by collecting up to 30,000 Scotia Rewards cancels the first year’s annual fee.

If you sign up for Scotiabank’s Preferred or Ultimate Account Package chequing accounts, you can waive the annual fee for the first year. This option is ideal for people who like to keep all of their banking under one roof.

Plus, you can get an additional supplementary card for free, which will mean you can collect even more Scotia Rewards and travel for free even sooner with your family, which means the annual fee won’t sting as much.

Meanwhile, the 19.99% annual interest rate on purchases and the 22.99% interest rate on cash advances and balance transfers are standard for credit cards in the Canadian market.

The Scotiabank Passport Visa Infinite is one of the best credit cards for travel perks from a major Canadian bank.

But if you never find yourself traveling, the purchase benefits, especially the no foreign transaction fees, also count on international online purchases, and the Visa Infinite experiences still make the card worth it for homebodies.