New Credit Card Welcome Offers Terms & Conditions

Mastercard & Visa T&Cs

The following definitions apply to these Terms and Conditions:

  • “Cardholder” means the credit card holder
  • “Cycles” refer to the credit card’s billing cycles
  • “Promotional Period” refers to the period from November 1, 2021 to January 31, 2022.
  • “Spend Bonus Period” refers to the period in which the predetermined spend threshold should be met
  • “Promotion” refers to this promotion and not any of the Bank’s other promotions or programs
  • “Eligible” refers to any individual qualified to participate in this promotion
  • “First Purchase Bonus” refers to the bonus a customer gets when a predetermined spend threshold is met during the spend bonus period with his/her credit card
  • “Spend Bonus” refers to the bonus a customer gets when a predetermined spend threshold is met during the spent bonus period with his/her credit card
  • “Net Purchases” refers to purchases minus returns / credits and does not include cash advances, balance transfers, credit card cheques, any fees and/ or finance charges
  • “Annual Percentage Rate (APR)” refers to the annual interest rate applied to your credit card account when you carry a balance
  • “Effective Annual Interest Rate (EAIR)” refers to the annual interest rate that is adjusted for compounding 
  • "Scotiabank" or “Bank” means Scotiabank & Trust (Cayman) Ltd, The Bank of Nova Scotia Guyana, Scotiabank (Trinidad & Tobago) Ltd, Scotiabank (Bahamas) Ltd, Scotiabank (Barbados) Ltd, The Bank of Nova Scotia Jamaica Ltd and Scotiabank Turks and Caicos Ltd
  • “Activation” means the moment at which the client activates his/her credit card

This Promotion is opened to legal residents of Cayman Islands, Trinidad & Tobago, Bahamas, Barbados, Jamaica and Turks & Caicos who are 18 years of age or older. These terms and conditions shall be governed by the applicable laws of the named countries

Promotion will award new Scotiabank credit cardholders with the promotional benefits as detailed in the chart below for each country listed above and detailed in the chart below

Country

Credit Card

Reward

Cayman Islands

Scotiabank / AAdvantage® Mastercard®
  • Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount.
  • Spend Bonus of 4,000 AAdvantage® miles when a cumulative amount of USD$1,300 is spent during the first 3 cycles from account open date.
  • First Annual Fee (USD$125) reimbursed if card activated and used during the first cycle from account opening.
  • Introductory Low-Rate offer of 9.99% for the first 6 months.

Scotiabank Gold Mastercard®
  • First Annual Fee (USD$110) reimbursed if card activated and USD$1,100 is spent during the first three cycles from account open date Introductory Low-Rate offer of 9.99% for the first 6 months.

Bahamas

Scotiabank AERO* Platinum Mastercard®
  • Bonus of 3,000 Scotia Points upon the first purchase of any amount.
  • Spend Bonus of 7,000 Scotia Points when a cumulative amount of BSD$2,500 /USD$2,500 is spent during the first 3 cycles from account open date.
  • First Annual Fee (BSD$140.00) reimbursed if card activated and used during the first cycle from account opening. Introductory Low Rate offer of 9.99% for the first 6 months.

Scotiabank Gold Mastercard®
  • First Annual Fee (BSD$96) reimbursed if card activated and BSD$1,000 is spent during the first three cycles from account open date.
  • Introductory Low Rate offer of 9.99% for the first 6 months.

 

 

Scotiabank Visa AAdvantage®
  • Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount
  • Spend Bonus of 4,000 AAdvantage® miles when a cumulative amount of BSD$1,000 / US$1,000 is spent during the first 3 cycles from account open date
  • Introductory Low-Rate offer of 9.99% for the first 6 months.
Mastercard Executive Business AAdvantage
  • Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount.
  • Spend Bonus of 4,000 AAdvantage® miles when a cumulative amount of BSD$1,000 / US$1,000 is spent during the first 3 cycles from account open date.
  • Introductory Low Rate offer of 9.99% for the first 6 months.

Visa Classic
  • Bonus of BSD$10 upon the first purchase of any amount
  • Spend Bonus of BSD$20 when a cumulative amount of BSD$500 /US$500 is spent during the first 3 cycles from account open date.
  • No annual fee for the first year, and none ever if your purchases amount to an average of at least BSD$200 monthly.

Barbados

Scotiabank / AAdvantage® Mastercard®
  • Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount.
  • Bonus of 4,000 AAdvantage® miles when a cumulative amount of BBD$1,900 is spent during the first 3 cycles from account open date.
  • Introductory Low Rate offer of 9.99%(APR)/10.46%(EAIR) for the first 6 months.

Scotiabank AERO* Platinum Mastercard®
  • Bonus of 3,000 Scotia Points upon the first purchase of any amount.
  • Bonus of 7,000 Scotia Points when a cumulative amount of BBD$3,800 is spent within the first 3 cycles from account open date.
  • First Annual Fee (BBD$199) reimbursed if card activated and used during the first cycle from account opening date. Introductory Low Rate offer of 9.99%(APR)/10.46%(EAIR) for the first 6 months.

Scotiabank Gold Mastercard®
  • First Annual Fee (BBD$115) reimbursed if card activated and BBD$2,200 is spent during the first three cycles from account open date Introductory Low Rate offer of 9.99%(APR)/10.46%(EAIR) for the first 6 months.

Mastercard Business Executive AA
  • Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount.
  • Spend Bonus of 4,000 AAdvantage® miles when a cumulative amount of BBD$1,800 is spent during the first 3 cycles from account open date.

Jamaica

Scotiabank AERO* Platinum Mastercard®
  • Bonus of 3,000 Scotia Points upon the first purchase of any amount.
  • Spend Bonus of 7,000 Scotia Points when a cumulative amount of JMD$300,000 is spent   during the first 3 cycles from account open date.
  • First Annual Fee (JMD$13,800.00) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Gold Mastercard®
  • First Annual Fee (JMD7,500.00) reimbursed if card activated and JMD$150,000 is spent during the first three cycles from account open date.

 

Scotiabank MAGNA Mastercard®
  • Spend Bonus of JMD$1,500 when a cumulative amount of JMD$30,000 is spent during the first 3 cycles from account open date.
  • Additional Card Bonus of JMD$500 when adding one or more supplementary cards in the first 3 cycles from account open date.

 

Scotiabank Gold Mastercard®(USD)
  • ·       Spend Bonus of US$20 when a cumulative amount of US$2,000 is spent during the first 3 cycles from account open date.
  • Additional Card Bonus of US$10 when adding one or more supplementary cards in the first 3 cycles from account open date.

 

Scotiabank Visa® AAdvantage®
  • Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount.
  • Spend Bonus of 4,000 AAdvantage® miles when a cumulative amount of JMD$200,000 is spent during the first 3 cycles from account open date.
  Mastercard Business Executive AA
  • Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount.
  • Spend Bonus of 4,000 AAdvantage® miles when a cumulative amount of JMD$300,000 is spent during the first 3 cycles from account open date.

 

Visa Classic
  • Bonus of JMD$2,000 upon the first purchase of any amount.
  • Spend Bonus of JMD$3,000 when a cumulative amount of JMD$50,000 is spent during the first 3 cycles from account open date.
  • No annual fee for the first year, and none ever if your purchases amount to an average of at least JMD$30,000 monthly.

Turks & Caicos

 

Scotiabank / AAdvantage® Mastercard®
  • ·       Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount.
  • Spend Bonus of 4,000 AAdvantage® miles when a cumulative amount of USD$1,700 is spent during the first 3 cycles from account open date.

Scotiabank AERO* Platinum Mastercard®
  • Bonus of 3,000 Scotia Points upon the first purchase of any amount.
  • Spend Bonus of 7,000 Scotia Points when a cumulative amount of USD$2,000 is spent during the first 3 cycles from account open date.
  • First Annual Fee (USD$193) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Gold Mastercard®
  • First Annual Fee (USD$165.00) reimbursed if card activated and a cumulative amount of USD$1,000 is spent during the first 3 cycles from account open date.

Mastercard Executive Business AAdvantage
  • Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount.
  • Spend Bonus of 4,000 AAdvantage® miles when a cumulative amount of US$2,500 is spent during the first 3 cycles from account open date.

 

Trinidad and Tobago

 

Scotiabank MAGNA Mastercard®
  • Spend Bonus of TTD$68 when a cumulative amount of TTD$1,400 is spent during the first 3 cycles from account open date.
  • Additional Card Bonus of TTD$23 when adding one or more supplementary cards in the first 3 cycles from account open date.
  • Introductory Low Rate offer of 9.99%(APR)/10.46%(EAIR) for the first 6 months.
Scotiabank Gold Mastercard®
  • First Annual Fee (TTD$300) reimbursed if card activated and a cumulative amount of TTD$7,000 is spent during the first 3 cycles from account open date.
  • Introductory Low Rate offer of 9.99%(APR)/10.46%(EAIR) for the first 6 months.
Scotiabank AERO* Platinum Visa®
  • First Purchase Bonus of 3,000 Scotia Points upon the first purchase of any amount.
  • Spend Bonus of 7,000 Scotia Points when a cumulative amount of TTD$13,000 is spent during the first 3 cycles from account open date.
  • First Annual Fee (TTDD625) reimbursed if card activated and used during the first cycle from account opening date.
  • Introductory Low Rate offer of 9.99%(APR)/10.46%(EAIR) for the first 6 months.
Visa Classic
  • Spend Bonus of TTD$125 when a cumulative amount of TTD$1,300 is spent during the first 3 cycles from account open date.
  • First Purchase Bonus of TTD$125 upon the first purchase of any amount during the first 3 cycles from account open date.
  • No annual fee for the first year, and none ever if your purchases amount to an average of at least TTD$1,250 monthly.

 

MC Business AERO 
  • First Purchase Bonus of 3,000 Scotia Points upon the first purchase of any amount.

Timing of Credit

New cardholders who qualify for this promotion will receive the above mentioned rewards depending on the date when the new account was booked in the Scotiabank system, as follows:

Group #1: For all new accounts booked and shown in the Scotiabank system with Open Account Date between November 1 and November 30, 2021 inclusive, the spend period to be eligible for the Spend and First Purchase Bonus will end February 28, 2022 and the credit will take place by April 30, 2022.
-          Annual Fee: First Annual fee reimbursed amount will be credited to credit card account by April 30, 2022.

Group #2: For all new accounts booked and shown in the Scotiabank system with Open Account Date between December 1 and December 31, 2021 inclusive, the spend period to be eligible for the Spend and First Purchase Bonus will end March 31, 2022 and the credit will take place by May 31, 2022.
-          Annual Fee: First Annual fee reimbursed amount will be credited to credit card account by May 31, 2022.

Group #3: For all new accounts booked and shown in the Scotiabank system with Open Account Date between January 1 and January 31, 2022 inclusive, the spend period to be eligible for the Spend and First Purchase Bonus will end April 30, 2022 and the credit will take place by June 30, 2022.
-          Annual Fee: First Annual fee reimbursed amount will be credited to credit card account by June 30, 2022.

In order to be eligible to receive the above-mentioned rewards, the new Cardholder's credit card must be in good standing and must not have been blocked, frozen, stolen or fraudulently obtained, mislaid, lost or written-off, or delinquent, as of the following dates:

  • Group #1: As of April 30, 2022
  • Group #2: As of May 31, 2022
  • Group #3: As of June 30, 2022

This is a limited-time promotion which will run from November 1, 2022 to January 31, 2022 inclusive.

Scotiabank staff credit cards are not eligible for these welcome bonuses.

The Promotion does not apply to switches or upgrades.

  • The Bank reserves the right to determine which purchases qualify for this Bonus. Net purchases mean purchases minus returns/credits and does not include cash advances, balance transfers, credit card cheques, any fees and/or finance charges.
  • A Cardholder’s benefit earned through participation in this Promotion will be forfeited in the event that the Cardholder ceases to be a Cardholder at any time during the Promotion or transactions done, using the card, during the Promotional Period are reversed.
  • The promotional interest rate offer applicable to this Promotion (“Introductory Low Rate”) is only eligible on new Scotiabank retail credit card accounts, and is not valid on existing Scotiabank retail credit card accounts. The new credit card account will receive the Introductory Low Rate on any balances resulting from purchases and cash advances completed from the account open date of the new retail credit card for a period of 6 months expiring on cycle date (also known as statement cycle), no matter when the transactions occurred. This promotional interest rate offer does not apply to Small Business, Staff, Premium, Black or Corporate new credit card products. Upgrades are also excluded. In case the new retail credit card enjoys this offer of the Introductory Low Rate and the monthly minimum payment is not made by the due date, the new credit card account will lose the Introductory Low Rate offer and the standard APR will apply.

In all matters relating to this Promotion, the decision of the Bank shall be final and binding in all respects.

Scotiabank has the right to exclude any individual from this Promotion in its absolute discretion without any obligation to provide notice or reason.

Scotiabank reserves the right in its absolute discretion to vary the terms and conditions of this Promotion or change or withdraw this Promotion at any time without giving any reason. In the event of a dispute arising from this Promotion, the Bank’s decision is final.

These terms and conditions apply only to this Promotion and do not apply to any of the Bank’s other promotions or programs or any other promotion or program in conjunction with the Bank and any other entity or brand.

For more information, visit the website of your country

Country

Website

Cayman Islands

ky.scotiabank.com

Trinidad and Tobago

tt.scotiabank.com

Bahamas

bs.scotiabank.com

Barbados

bb.scotiabank.com

Jamaica

jm.scotiabank.com

Turks & Caicos

tc.scotiabank.com

American Express T&Cs

 

The following definitions apply to these Terms and Conditions:

 

·       “Cardholder” means the credit card holder

·       “Cycles” refer to the credit card’s billing cycles

·       “Promotional Period” refers to the period from November 1, 2021 to January 31, 2022

·       “Spend Bonus Period” refers to the period in which the predetermined spend threshold should be met

·       “Activation” means the moment at which the client activates his/her credit card

·       “Promotion” refers to this promotion and not any of the Bank’s other promotions or programs

·       “Eligible” refers to any individual qualified to participate in this promotion

·       “First Purchase Bonus” refers to the bonus a customer gets when a predetermined spend threshold is met during the spend bonus period with his/her credit card

·       “Spend Bonus” refers to the bonus a customer gets when a predetermined spend threshold is met during the spent bonus period with his/her credit card

·       “Net Purchases” refers to purchases minus returns / credits and does not include cash advances, balance transfers, credit card cheques, any fees and/ or finance charges

·       “Annual Percentage Rate (APR)” refers to the annual interest rate applied to your credit card account when you carry a balance

·       “Effective Annual Interest Rate (EAIR)” refers to the annual interest rate that is adjusted for compounding  

·       "Scotiabank" or “Bank” means Scotiabank & Trust (Cayman) Ltd, Scotiabank (Bahamas) Ltd, and Scotiabank Turks and Caicos Ltd

 

The Welcome offer is opened to legal residents of Cayman Islands, Bahamas, Barbados, and Turks & Caicos who are 18 years of age or older. These terms and conditions shall be governed by the applicable laws of the named countries.

 

Promotion will award new Scotiabank credit cardholders with the promotional benefits as detailed in the chart below for each country listed above and detailed in the chart below

 

Country

Credit Card

Reward

Cayman Islands

Scotiabank American Express® The Platinum Card

·       Spend bonus of 50,000 American Express Points when a cumulative amount of USD$5,000 is spent during the first 3 cycles from account open date

·       50% discount on First Annual Fee (KYD$460) reimbursed if card is activated and used during the first cycle from account opening.

Bahamas

Scotiabank American Express® The Platinum Card

·       Spend bonus of 50,000 American Express Points when a cumulative amount of USD$5,000 is spent during the first 3 cycles from account open date

·        50% discount on First Annual Fee (BSD$550) reimbursed if card is activated and used during the first cycle from account opening.

Turks & Caicos

Scotiabank American Express® The Platinum Card

·       Spend bonus of 50,000 American Express Points when a cumulative amount of USD$5,000 is spent during the first 3 cycles from account open date

·        50% discount on First Annual Fee (USD550) reimbursed if card is activated and used during the first cycle from account opening.

 

 

Timing of Credit

New cardholders who qualify for this Promotion will receive the above-mentioned rewards depending on the date when the new account was booked in the Scotiabank system, as follows:

-         Group #1: For all new accounts booked and shown in the Scotiabank system with Open Account Date between November 1 and November 30, 2021 inclusive, the Spend Bonus Period to be eligible for the Spend Bonus will end February 28, 2022 and the credit will take place by April 30, 2022.Annual Fee: 50% Annual fee reimbursed amount will be credited to credit card account by April 30, 2022.

 

·       Group #2: For all new accounts booked and shown in the Scotiabank system with Open Account Date between December 1 and December 31, 2021 inclusive, the Spend Bonus Period to be eligible for the Spend Bonus will end March 31, 2022 and the credit will take place by May 31, 2022. Annual Fee: 50% Annual fee reimbursed amount will be credited to credit card account by May 31, 2022.

 

·       Group #3: For all new accounts booked and shown in the Scotiabank system with Open Account Date between January 1 and January 31, 2022 inclusive, the Spend Bonus Period to be eligible for the Spend Bonus will end April 30, 2022 and the credit will take place by June 30, 2022.Annual Fee: 50% Annual fee reimbursed amount will be credited to credit card account by June 30, 2022.

 

 

In order to be eligible to receive the above-mentioned rewards, the new cardholder's credit card must be in good standing and must not have been blocked, frozen, stolen or fraudulently obtained, mislaid, lost or written-off, or delinquent, as of the following dates:

·       Group #1: As of April 30, 2022

·       Group #2: As of May 31, 2022

·       Group #3: As of June 30, 2022

 

This is a limited-time Promotion which will run from November 1, 2021 to January 31, 2022 inclusive.

 

The Promotion does not apply to switches or upgrades.

·       The Bank reserves the right to determine which purchases qualify for this Bonus. Net Purchases means purchases minus returns/credits and does not include cash advances, balance transfers, credit card cheques, any fees and/or finance charges.

·       A Cardholder’s benefit earned through participation in this Promotion will be forfeited in the event that the Cardholder ceases to be a Cardholder at any time during the Promotion or transactions done, using the card, during the Promotion Period are reversed.

 

 

In all matters relating to these promotions, the decision of the Bank shall be final and binding in all respects.

 

Scotiabank has the right to exclude any individual from this Promotion in its absolute discretion without any obligation to provide notice or reason.

Scotiabank reserves the right in its absolute discretion to vary the terms and conditions of this Promotion or change or withdraw this Promotion at any time without giving any reason. In the event of a dispute arising from this Promotional Offer, the Bank’s decision is final.

These terms and conditions apply only to this Promotion and do not apply to any of the Bank’s other promotions or programs or any other promotion or program in conjunction with the Bank and any other entity or brand.

 

* Trademark of The Bank of Nova Scotia used under license.

 

American Express® is a registered trademark of American Express. This card is issued by Scotiabank pursuant to a license from American Express. 

   

             ‡ Conditions apply. Subject to credit approval.

 

           For more information, visit the website of your country            

 

Country

Website

Cayman Islands

ky.scotiabank.com

Bahamas

bs.scotiabank.com

 

 

Turks & Caicos

tc.scotiabank.com