How the Scotia Rewards Program Works

Alyssa Furtado
by Alyssa Furtado January 23, 2018 / 2 Comments

This post is sponsored by Scotiabank

The Scotia Rewards program is one of the most popular travel rewards programs within Canada, offering incredible flexibility, by allowing you to redeem Scotia Rewards points for travel which has been booked through any travel service or website. Your Scotia Rewards points can be redeemed for travel costs such as flights, hotels, car rentals, cruises and more. That means you’re never limited by airlines, seat restrictions or blackout dates.  You can also book travel with the Scotia Rewards Travel Service and take advantage of its Best Price Guarantee on Airfare for up to 24 hours after booking. If that sounds like what you’re looking for from a travel rewards credit card, here’s everything you need to know about how to earn and redeem Scotia Rewards points.

How to Earn Scotia Rewards Points

Scotiabank has several travel rewards credit cards that are affiliated with the Scotia Rewards program. Depending on which card you use, you’ll earn a specific number of Scotia Rewards points per $1 spent on your card for purchases. Let’s take a look at how they compare:

Card Annual Fee & Interest Rates Points on Everyday Purchases*
Scotiabank®* Gold
American Express® Card
$99 annual fee

Interest Rate:
19.99% on purchases

22.99% on cash advances (including balance transfers, Scotia Credit Card Cheques and cash-like transactions)

4 Scotia Rewards points per dollar on the first $50,000 spent at eligible gas stations, grocery stores, on dining and entertainment and 1 Scotia Rewards point per dollar spent on other purchases.
Scotiabank®
American Express® Card
$0 annual fee

Interest Rate:
19.99% on purchases

22.99% on cash advances (including balance transfers, Scotia Credit Card Cheques and cash-like transactions)

Earn 5,000 bonus points ($50 value) with your first $500 in everyday purchases in the first 3 months (valid until October 31, 2018). Earn 1 Scotia Rewards point for every $1 spent on purchases.
Scotiabank®*
American Express® Platinum Card
$399 annual fee

Interest Rate:
19.99% on purchases

22.99% on cash advances (including balance transfers, Scotia Credit Card Cheques and cash-like transactions)

4 Scotia Rewards points per dollar on the first $100,000 spent at eligible gas stations, grocery stores, on dining and entertainment and 1 Scotia Rewards point per dollar spent on other purchases.
ScotiaGold Passport® VISA $110 annual fee

Interest Rate:
19.99% on purchases

22.99% on cash advances (including balance transfers, Scotia Credit Card Cheques and cash-like transactions)

Earn 5,000 bonus points ($50 value) upon your first purchase (valid until October 31, 2018). Earn 1 Scotia Rewards point for every $1 spent on purchases and 5% cash back on travel purchased through Scotia Rewards Travel Service.
Scotiabank Rewards® Visa* Card $0 annual fee

Interest Rate:
19.99% on purchases

22.99% on cash advances (including balance transfers, Scotia Credit Card Cheques and cash-like transactions)

1 Scotia Rewards point for every $2 spent on purchases.

*Only purchases earn Scotia Rewards points. Points are not awarded for cash advances, Scotia Credit Card Cheques, Scotia Rewards Dollars, returns, payments, casinos and gambling, annual membership or card fees, interest charges or service transaction charges.

Our top pick in the Scotia Rewards program is the Scotiabank Gold American Express Card. The Card has a $99 annual fee (with an interest rate of 19.99% on Purchases and 22.99% on Cash Advances) and, until October 31, 2018, comes with a bonus of 15,000 Scotia Rewards points ($150 value) upon approval when you spend $1,000 in everyday purchases in the first three months.

Scotia Rewards points do not expire as long as you are a Cardholder and there is no limit to the number of points you can earn.

How to Redeem Scotia Rewards Points

One of the unique features of the Scotia Rewards program is that you’re not restricted to booking travel with specific airlines or hotels. You can book travel through the Scotia Rewards Travel Service, a full-service third-party travel agency and pay for travel charged to your eligible Scotiabank Credit Card using only points, partial points with the other portion charged to the Card or a complete charge to the Card.

If you prefer to book on your own with the ‘Apply Points to Travel’ feature, you can purchase travel using your Scotiabank Card, wait for the purchase to show up on your account, and then apply your points towards the travel purchase.

If you’re an existing cardholder and want to redeem your Scotia Rewards points, simply log into the Scotia Rewards program site: https://www.scotiarewards.com/en-CA. From there, select “Apply Points to Travel” to see all your eligible travel purchases. Any eligible flights, hotels, car rentals, etc. paid for with your Program Card will be displayed. Some bus and train charges are also eligible and may be displayed. You can redeem points for trip expenses charged for up to 12 months after the travel purchase date.

  • You will have the option of redeeming Scotia Rewards points to apply towards the cost of your travel purchase at a rate of $1 = 100 points. The only restriction is that the minimum you can redeem for travel is 5,000 points ($50).
  • Once you use your points to cover a travel purchase, your account will be credited to reflect the redemption.

Visit the Scotia Rewards site for more details and conditions that apply to each of the above.

In addition to travel related rewards, cardholders can redeem points for the latest in technology and merchandise from the Apple and Best Buy catalogues available through the Scotia Rewards program. There are also brand-name merchandise rewards where you can find everything from household goods, to jewellery, to accessories, or a large selection of prepaid gift cards. Points can also be redeemed for credit on your account.

What’s more, the Program just recently added the option of converting Scotia Rewards points to SCENE points and vice versa.

Visit the Scotia Rewards site for more details.

Rewards from Scotia Rewards Points 

As our top ranked card in the Scotia Rewards program is the Scotiabank Gold American Express Card, we’ll use it to demonstrate the rewards you can earn from the Scotia Rewards program.

With the Scotiabank Gold American Express Card, you receive 4 points per dollar for the first $50,000 in purchases you make with the Card annually on gas, groceries, on dining and entertainment and 1 point for every $1 spent on all other purchases (including purchases over the $50,000 cap).

Example: Scotiabank Gold American Express Card

Let’s say your family’s typical spending on the Card each year is*:

Category Amount Points
Gas $1,500 4 x $1,500 = 6,000 points
Groceries $7,900 4 x $8,400 = 31,600 points
Entertainment $1,200 4 x $1,200 = 4,800 points
Dining/Eating out $1,400 4 x $1,400 = 5,600 points
All Other $10,000 1 x $10,000 = 10,000 points
Total $22,000 58,000 points

*For illustrative purposes only. Actual spending will vary and will depend on account usage.

No wonder the Scotiabank Gold American Express Card is considered one of the best credit cards in Canada.

[1] The ScotiaGold Passport Visa is not affiliated with the Scotia Rewards program.

Ratehub.ca Recommends:

Scotiabank Gold American Express

  • Special offer: Receive a $100 gift card to Amazon, Cineplex or Indigo when you apply through Ratehub
  • Annual fee: $99
  • 19.99% interest rate on purchases, 22.99% for cash advances
  • Earn 4 points per dollar on the first $50,000 in purchases annually on gas, groceries, dining, and entertainment; 1 point per dollar on all other purchases
  • Earn 15,000 bonus points ($150 value) with first $1,000 in everyday purchases in the first three months (for accounts opened by October 31, 2018)
  • Conditions apply

If you want to earn Scotia Rewards points for every $1 you spend, here are more details on the Scotiabank Gold American Express Card:

Earn a bonus of 15,000 points ($150 value in travel savings) until October 31, 2018 with your first $1,000 in net purchases in the first three months.

  • Earn 4 Scotia Rewards points per $1 spent on gas, groceries, dining and entertainment.
  • Earn 1 Scotia Rewards point per $1 spent on every other purchase you make.
  • Use the card and book travel through Scotia Rewards Travel Service, a full-service travel agency.
  • Redeem points to cover the cost of any travel-related expense paid for with the card.
  • Use points towards technology, merchandise, gift cards or statement credits.
  • No airline restrictions or blackout dates on flights.
  • Receive discounts and other special offers on hotels, airfare, car rentals, cruises and vacation packages.
  • Comprehensive travel insurance coverage.
  • $99 annual fee
  • Annual interest rate 19.99% on purchases and 22.99% on cash advances.

This credit card program is issued and administered by Scotiabank.

American Express is a trademark of American Express and is used by the issuer pursuant to a license.


  • Rico

    I’ve been a Scotia Rewards member and user for a few years now with my American Express card. Quite honestly I’ll be changing to another vendor’s rewards system as soon as I can. Simple things like gift cards take as long as six weeks to process (they hide that in their fine print) and they’ve already reduced the amount of points I receive for things like restaurant/hotel transactions. Their customer service is in line with Bell Canada as far as quality is concerned. Don’t recommend, stay away.

    • Ratehub

      Thank you for the feedback on your personal experiences Rico.