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The Value of Scotia Rewards Points

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The average dollar value of 1 Scotia Reward point is $0.01

Dollar value of 1 point

Flexibility of points

Can points cover taxes and fees?

$0.01

high - Redeem your points against any travel purchase on your statement

Yes

Compare Scotia Rewards credit cards in Canada

The best rewards cards for
  • all reward types
  • cash back
  • store credit
  • travel
with
  • any annual fee
  • no annual fee
CardBest used forAnnual feeRewards
Food & transit

$120

  • 5 pts/$1 for gas, groceries, restaurants
  • 1 pts/$1 for other

Purchase interest: 20.99%  |  Cash advance: 23.99%  |  Balance transfer: 23.99%

Travel perks

$150

  • 2 pts/$1 for entertainment, groceries, restaurants, daily transit
  • 1 pts/$1 for other

Purchase interest: 20.99%  |  Cash advance: 22.99%  |  Balance transfer: 22.99%

Groceries & dining

$120

  • 5 pts/$1 for entertainment, groceries, restaurants
  • 3 pts/$1 for other, travel
  • 1 pts/$1 for other

Purchase interest: 20.99%  |  Cash advance: 22.99%  |  Balance transfer: N/A

Everyday spending

$0

  • 2 pts/$1 for groceries, restaurants
  • 2 pts/$1 for entertainment
  • 2 pts/$1 for gas
  • 1 pts/$1 for bills, other, pharmacy, travel

Purchase interest: 19.99%  |  Cash advance: 22.99%  |  Balance transfer: 19.99%

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  2. Check your eligibility

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How Much Are Your Scotia Rewards Points Worth?


Overall Flexibility


Taxes & Fees


Best Way to Use Your Scotia Rewards Points


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