Interested in this credit card? Earn by applying through Frugal Flyer.
The Scotiabank Platinum American Express card offers benefits such as no foreign transaction fees and ten annual airport lounge access passes.
Check out our Scotiabank Platinum American Express card review for more details.
Rewards Rates
The Scotiabank Platinum American Express card earns Scene+ points for all purchases made on the card:
- Up to 4 Scene+ points for every dollar spent on hotel bookings, car rentals, and things to do with Scene+ Travel, Powered by Expedia.
- Earn 2 Scene+ points for every dollar spent on all eligible purchases.
Redeeming Scene+ Points
Scene+ points can be redeemed for maximum value when applied against any travel purchase made on your card at the rate of 1 cent per point. Eligible travel purchases cover a wide range of categories, including hotel accommodations, flight bookings, and rental cars.
Scene+ points can also be redeemed for shopping and dining purchases at participating retailers (including grocery and liquor purchases), entertainment purchases, movie tickets, a statement credit, and more. Some of these options present decent value, but you should never redeem Scene+ points for any value less than 1 cent per point.
Benefits
10 Airport Lounge Passes
Scotiabank Platinum American Express cardholders will receive 10 annual complimentary airport lounge passes to access Priority Pass and Plaza Premium airport lounges. These complimentary lounge access passes can be used by both the cardholder and their guests. To utilize this benefit:
- Priority Pass Lounges: Present your Priority Pass physical or digital membership card. Cardholders will need to sign up for Priority Pass here and enter the invitation code “Scotia1”.
- Plaza Premium Lounges: Present your Scotiabank Platinum American Express card to gain access to the lounge.
No Foreign Transaction Fees
The Scotiabank Platinum American Express card offers no foreign transaction fees. This means that cardholders will save 2.5% on all foreign currency transactions, including in foreign countries or online shopping purchases (when charged in a foreign currency). Ultimately, you will pay only the exchange rate when making these kinds of transactions.
There are very few cards in Canada that offer this perk, and it is recommended to always have a card with no foreign currency fees when traveling.
American Express Offers
As this card is part of the American Express network, cardholders are also eligible to access American Express offers. These offers can result in money saved at retailers, restaurants, travel, and more. In order to be eligible, cardholders will need to register for the offer they are interested in. Cardholders can view the current available offers here.
Insurance Coverage
The Scotiabank Platinum American Express credit card offers a comprehensive insurance package:
- Emergency travel medical insurance: $2,000,000 per person per trip (up to 31 days for cardholders aged 64 and under; up to 10 days for cardholders aged 65 and over)
- Trip cancellation insurance: $2,500 per person, up to $10,000 per trip
- Trip interruption insurance: $5,000 per person, up to $25,000 per trip
- Travel accident insurance: $500,000 of accidental death and dismemberment coverage
- Car rental collision, loss, and damage coverage: Comprehensive coverage for cars up to $65,000 MSRP
- Delayed and lost baggage insurance: $1,000 total coverage per trip
- Flight delay insurance: $1,000 coverage per person for reasonable purchases when delayed or missed connection for 4 hours or more
- Hotel burglary insurance: $1,000 total coverage for stolen items
- Mobile device insurance: $1,000 coverage for theft, loss, or accidental damage to your mobile device
- Purchase security: Coverage for accidental physical damage or theft for 120 days from the date of purchase (Maximum lifetime limit of $60,000)
- Extended warranty protection: Extend the manufacturer’s original warranty up to two additional years
Refer to the Scotiabank Platinum American Express card certificate of insurance for additional details, including terms and conditions for eligibility.
Top Cards From Scotiabank
| Credit Card | ||
|---|---|---|
 |
80,000 Scene+ Estimated value: $800 Ends Oct 31, 2025 |
|
 |
40,000 Scene+ and $150 FlyerFunds Estimated value: $550 Ends Jul 1, 2025 |
|
 |
40,000 Scene+ and $100 FlyerFunds Estimated value: $500 Ends Jul 1, 2025 |
|
 |
200 cash back and $150 FlyerFunds Estimated value: $350 Ends Oct 31, 2025 |
|
 |
5,000 Scene+ and $75 FlyerFunds Estimated value: $125 Ends Oct 31, 2025 |
|
*See Card Provider’s website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
For Scotiabank Platinum American Express, is there also a waiver for first year annual fee, please?
There is not.