Scotiabank Platinum American Express Card

Updated: May 18, 2022

Advertiser Disclosure

The Scotiabank Platinum American Express Credit Card issued by Scotiabank Canada is designed for those who are looking for a credit card with prestige travel rewards and benefits.




19.99% Variable



149 User Ratings

Scotiabank Platinum American Express Card

This card is not available through MarketProSecure Canada.

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Introductory APR


Intro APR Period


Minimum Credit Score


Key Features

  • Earn 30,000 bonus Scotia Rewards points upon the first purchase◊
  • Earn 4x Scotia Rewards points for every $1 you spend at gas stations, grocery stores, on dining and entertainment
  • Earn one point on all other eligible everyday purchases
  • Complimentary membership to Priority Pass Airport Lounges Worldwide

Our Take

Limited Platinum American Express Offer: Earn 30,000 bonus Scotia Rewards points upon first purchase.

The Scotiabank Platinum American Express Card is widely available in all Scotiabank branch offices. You can apply either by paying a visit to any of the branch offices, by phone, or online. The application process is quite simple, easy, and quick. There are certain requirements a card-holder needs to fulfill, but outside of that, this is quite a reliable and accessible credit card for frequent travelers. Many American Express card-holders take pride in having one of these cards as they can be perfect companions on worldwide travels.

With minimal restrictions, you can use this card anywhere in the world where they accept Amex cards. The Scotiabank doesn’t require your credit history to deem you eligible and qualified, but your credit score has to be 750 and above.

With a range of benefits and 7 different types of insurance coverage, as well as 2 types of shopping coverage, this is a quite useful card that allows travelers to make the most out of each journey.

The only downside is very high annual fee. You have to be a Canadian citizen or permanent resident to apply. This is a perfect, comprehensive travel card that can come in handy on the road.

Who Is the Platinum American Express Card for?

The card is for all those who travel frequently and need a premium, full-service travel card with a useful rewards program and a range of extra benefits. It provides a card-holder with options to redeem their rewards with no restrictions and includes all the bells and whistles of the Scotia Rewards Travel Service. In case you need concierge services, this card has you fully covered. The same goes for purchase and travel insurance. Purchase insurance protects you in case of damaged, lost, or stolen items purchased with the cards.

Travel coverage includes a comprehensive travel insurance package that provides protection in certain situations. With 24/7 contact service and American Express benefits, this is a fantastic card for all those who don’t have any problems with high annual fees.

Platinum American Express Card Benefits

This card comes with a wide range of benefits. You can use it to earn 4 points on every dollar spent on entertainment, dining, groceries, and gas, as well as 1 point per dollar spent elsewhere. The moment you make your first purchase with the card, you get a chance to receive a welcome bonus of 30,000 Scotia Rewards points.

Redeem your points whenever you want, without any travel restrictions, and choose from a range of redeeming options, including gift cards, merchandise, SCENE points for movie theatres, and travel. The card also gives access to Scotia Rewards Travel Advantage and Scotia Rewards Travel service.

One of the great perks of using this card is access to the American Express Invites. Get a VIP pass to the hottest, most exclusive venues, and events. Then, there are a couple more benefits to look forward to – the Priority Pass to airport lounges that allow card-holders to use 14 free visits per year to over 600 airport lounges all over the world.

It seems like the wonders never cease with this card. The rest of the key benefits include Hertz #1 Club Gold membership, comprehensive insurance packages with 12 types of coverage, including medical coverage, and 24/7 premium concierge services. This is a fully packed travel credit card that you can use almost anywhere in the world.

Are There Any Disadvantages?

Like any other credit card, this Card comes with a few disadvantages. First of all, the card isn’t accepted in specific locations overseas, which can be quite a problem if you need immediate assistance in those locations.

The fact that the card comes with quite a costly annual fee is also worthy of mentioning, as well as a few requirements that make this card inaccessible to a wide range of card-holders. While Scotiabank doesn’t ask for a credit history report upon applying, it does pose strict requirements on who can qualify.

Aside from that high annual fee, there are quite a few fees to worry about as well. In case you need a supplement credit card, it will cost you extra. However, the most significant disadvantages include a minimum gross income of $120,000 and above and maintaining a credit limit of $10,000.

In case you want to add secondary card-holders, that will also cost you an extra fee per each new authorized user. While this is a travel reward credit card, travel rewards aren’t on the card’s bonus categories list. Put simply, your hotel and flight expenses will earn you the standard of one point for each dollar spent. The same goes for all international purchases.

Finally, the last disadvantage refers to insurance coverage. Each insurance package comes with exclusions, restrictions, and limitations. If you want to get your hands on certain benefits, you’ll have to face certain pre-existing condition exclusions. All senior card-holders aged 65 or older get only a 3-day travel insurance coverage.

Should You Use Platinum American Express Card?

If you consider yourself to be cost-conscious and not a frequent traveller, we recommend that you look for other Amex cards like – Classic or Gold. This card is packed with great bonuses without a doubt, but it doesn’t entirely cover all the expenses that come with it.

On the other hand, if you don’t find the annual fee to be that high, feel free to apply. The card is perfect for people who travel a lot and need something extra on the go. While it isn’t as widely accepted as Visa or Mastercard, this platinum credit card offers a range of options that you can use to make your journey into the unknown more pleasant, enjoyable, and seamless.

Suppose we take a look at the application process, the rewards program, and additional American Express benefits. In that case, it’s quite safe to say that this could be a perfect credit card for all with minimum gross income above $120,000. Anyone with a credit score of 750 and above can apply in mere minutes. If you fall into this category, be our guest.


  • No blackout dates
  • Exclusive benefits
  • Airport lounge access
  • Hertz #1 Club Gold membership
  • Price protection
  • Purchase and travel insurance packages


  • Not accepted in certain locations overseas
  • High annual fee
  • Additional fees

Scotiabank Platinum American Express FAQs

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Basic Information
Issuer: Scotiabank
Network: American Express
Category: Consumer (Premium)
Best Used For:
  • Instant Decision
  • EMV Chip
Rewards: Yes
Reward Types:
  • Gas Rewards
  • Travel Rewards
  • Universal Rewards
  • Merchandise Rewards
Reward Units: Point
Rates & Fees
Regular APR: 19.99%
Regular APR Type: Variable
Annual Fee: $399
Balance Transfer: Yes
APR on Cash Advances: 22.99%
Grace Period: See Terms
Other Fees:
  • Foreign Currency Conversion: 2.5%
  • Each Additional Card: $99
  • Dishonored Payment Fee: $42.50

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Non-Affiliate Offer Disclosure
*The information provided for Scotiabank Platinum American Express Card is believed to be accurate at the time of evaluation and has been collected independently by MarketProSecure® Canada. The card issuer did not provide the details, nor it is responsible for their accuracy.

Scotiabank Platinum American Express Card

Reviews - (1 User Reviews)
Share your experience and rate the Scotiabank Platinum American Express Card
January 24, 2021
Nicky P.D. (36-45) - Cardholder
Income on Application
Credit Score
Excellent (740-850)
Credit Limit
Filed for Bankruptcy

Good choice for everyone who wants access to Platinum

Since I have a high credit score, I was looking for a card that will provide me with the best possible benefits. The Scotiabank Platinum American Express Card didn't disappoint because it comes with all kinds of benefits, including a full travel insurance package, Platinum Amex card benefits, and so on. I use the card for all purchases, and I'm able to get a lot of Scotia Reward points I spend on my holiday travels. I'm definitely happy with my choice and would recommend this card to everyone with the required score.
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Scotiabank Platinum American Express Card

Scotiabank Platinum American Express Card

Min. Credit Required: Excellent

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