Credit card fees at a glance
All rates, fees, and other information are subject to change. Effective as of April 1, 2021, unless otherwise indicated.
|Current transaction fees|
|Dishonoured payment fee||$48.00|
|Non-sufficient funds fee||$48.00|
|Replacement sales draft, cash advance draft or monthly statement fee||$5.00|
|Foreign currency conversion1||2.5%|
|Balance transfer fee (for transfers to Scotiabank accounts or to non-financial institutions)||$5.00|
|Cash advance counter fee (any financial institution in Canada)||$5.00|
|Cash advance counter fee (financial institutions outside of Canada)||$7.50|
|Cash advance fee (including cash-like transactions)2||$5.00|
|Scotia Credit Card Cheque fee||$5.00|
|Promotional low rate fee3
||3% of each transaction amount (min. fee of $5.00)
|Fast Card fee4
|Credit Balance Administration fee5
||The lesser of $25.00 or the amount of credit balance.
|Current ABM fees|
|Cash advance ABM fee (any Scotiabank ABM in Canada)||$5.00|
|Cash advance ABM fee (non-Scotiabank ABMs in Canada)||$5.00|
|Cash advance ABM fee (ABMs outside of Canada)||$7.50|
|Cash advance ABM fee (Global ATM Alliance Bank ABM outside of Canada)
A new, flexible way to pay off your eligible Scotiabank Visa* credit card purchases of $100 or more, with no interest rate on your plan and a low fee.§
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Cash back credit cards
Earn cash back every time you shop.
Travel & lifestyle credit cards
Get a card that rewards your lifestyle — whether that’s travelling the world, sporting the latest tech, or redeeming for your favourite gift cards.
Rewards credit cards
Turn points into rewards you actually want – from travel to gift cards to cash back credits.
No annual fee credit cards
Instead of paying that annual fee, you keep the extra cash and decide where it goes.
Low interest credit cards
If you typically carry a credit card balance, this card will help you save money on interest payments.
Student credit cards
Build your credit history, collect rewards, and pay no annual fee all while focusing on school.
Scotiabank® U.S. Dollar VISA* Card
Worry-free U.S. Dollar purchases with no currency conversion fee.
(Fees charged in USD)
Frequently Asked Questions
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Note: All information is effective as of April 1, 2021, unless otherwise indicated and subject to change. All fees, rates and charges are charged on the account on the date the transaction occurs, unless otherwise noted.
For information on current interest rates, fees and other charges, call 1-888-882-8958.
This Cash Advance fee applies to all cash advances including cash-like transactions. Cash-like transactions are transactions that are similar to cash or convertible into cash (monetary transactions) and include but are not limited to, wire transfers, foreign currency, travellers cheques, money orders, remote stored value, gaming chips and some lottery tickets. American Express Cards are not presently accepted for the purchase of lottery tickets or gaming chips. Cash advances include balance transfers and Scotia Credit Card Cheques, but different fees applies to those transactions as shown above.
Charged when a replacement Scotia Momentum Mastercard is sent by courier at Cardholder’s request.
The lesser of $25.00 or the amount of credit balance. This fee will apply if there is inactive credit balance(s) for a period of at least 12 months on the Scotia Momentum Mastercard and will be assessed annually thereafter. Fee is applied on the day after the 12 months of inactivity.
Registered trademark of The Bank of Nova Scotia
Trademark of The Bank of Nova Scotia.
American Express is a registered trademark of American Express. This credit card program is issued and administered by The Bank of Nova Scotia under license from American Express.
Mastercard and the Mastercard Brand Mark are registered trademarks of Mastercard International Incorporated and used under license by The Bank of Nova Scotia.
Visa Int./Licensed User.
Scotia SelectPay Conditions apply. Review Terms and Conditions for full details or visit scotiabank.com/selectpay to learn more.