New Credit Card Welcome Offers Terms & Conditions

Consolidated T&Cs (Mastercard, Visa & Amex)

The following definitions apply to these Terms and Conditions:

“Cardholder” means the primary holder of a Scotiabank retail and or small business credit card.
“Cycles” refer to the credit card’s billing cycles.
“Promotional Period” refers to the period from February 1, 2023 to April 30, 2023.
“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 Cardholder gets when the first qualified net purchase is made during the promotional period with his/her credit card.
“Spend Bonus” refers to the bonus a Cardholder gets when a predetermined spend threshold is met during the spend bonus period with his/her credit card.
“Introductory Low Rate” refers to the promotional interest rate that is only eligible on new Scotiabank retail Credit Card accounts as outlined and further defined in these Terms and Conditions.
“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.
“SelectPayTM” – this feature allows credit card customers to use their existing revolving credit limit to turn eligible purchases (USD $250+ or local currency equivalent) into a short-term installment plan of 3, 6, 9, or 12 months. There is a 1% set-up fee for each Installment Plan that is created.
“Eligible purchase” - refers to any purchases converted to SelectPay during the Promotional Period and maintained open for at least the minimum installment plan term of 3 months, 2023, minus returns/credits, and will not include cash advances, balance transfers, credit card cheques, and any fees and/or finance charges.
"Scotiabank" or “Bank” means Scotiabank & Trust (Cayman) Ltd., Scotiabank Trinidad & Tobago Limited, Scotiabank (Bahamas) Limited, Scotiabank (Barbados) Limited, The Bank of Nova Scotia Jamaica Limited, The Bank of Nova Scotia Guyana and Scotiabank (Turks and Caicos) Ltd.

These Terms and Conditions supplement the terms and conditions of your Scotiabank Credit Card Cardholder Agreement (the “Cardholder Agreement”). Capitalised terms used but not defined in these Terms and Conditions shall have the meanings defined and set out in the Cardholder Agreement.

This Promotion is opened to legal residents of the Cayman Islands, Trinidad & Tobago, Bahamas, Barbados, Guyana, 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.

In this Promotion, new Scotiabank Cardholders will earn promotional benefits as detailed in the chart below for each country listed above:

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 at least USD$1,300 is spent during the first 3 cycles from account open date. Introductory Low-Rate offer of 9.99% for the first 6 months.
	Scotiabank Gold Mastercard®	USD$110 cashback if at least 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
	Scotiabank Standard MasterCard®	USD$50 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date. Introductory Low-Rate offer of 9.99% for the first 6 months.
	Scotiabank American Express® The Platinum Card	Spend bonus of 20,000 American Express Points when a cumulative amount of at least 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 3 cycles from account opening.
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 at least BSD$2,500 /USD$2,500 is spent during the first 3 cycles from account open date. Introductory Low Rate offer of 9.99% for the first 6 months.
	Scotiabank Gold Mastercard®	BSD$96 cashback if at least 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 at least 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	No annual fee for the first year, and none ever if your purchases amount to an average of at least BSD$200 monthly. Introductory Low Rate offer of 9.99% for the first 6 months.
	Scotiabank American Express® The Platinum Card	Spend bonus of 20,000 American Express Points when a cumulative amount of at least 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 3 cycles from account opening
	Scotiabank Visa Gold®	BSD$50 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date. Introductory Low Rate offer of 9.99% for the first 6 months
	Scotiabank Standard MasterCard	BSD$50 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the 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 at least BSD$2,500 / US$2,500 is spent during the first 3 cycles from account open date.
Barbados	Scotiabank / AAdvantage® Mastercard®	First Purchase 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 at least 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®	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 at least BBD$3,800 is spent within 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®	BBD$115 cashback if at least BBD $2,200 is spent cumulatively? 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
	Scotiabank Standard MasterCard®	BBD$100 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date. Introductory Low Rate offer of 9.99%(APR)/10.46%(EAIR) for the first 6 months
	Mastercard Business Executive AA	First Purchase 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 at least 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 at least JMD$300,000 is spent during the first 3 cycles from account open date.
	Scotiabank MAGNA Mastercard®	Spend Bonus of JMD$1,500 when a cumulative amount of at least 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.
	JMD Scotiabank Gold Mastercard®	JMD7,500.00 cashback if at least JMD$150,000 is spent during the first three cycles from account open date.
	USD Scotiabank Gold Mastercard®	USD$50 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the 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 at least JMD$200,000 is spent during the first 3 cycles from account open date.
	Scotiabank Visa Gold®	JMD$7,500 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date.
	Visa Classic	No annual fee for the first year, and none ever if your purchases amount to an average of at least JMD$30,000 monthly
	JMD Scotiabank Standard MasterCard®	JMD$7,500 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date.
	USD Scotiabank Standard MasterCard®	USD$50 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date.
	Scotiabank Platinum MasterCard®	USD$50 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date
	Scotiabank American Express® The Platinum Card	Spend bonus of 20,000 American Express Points when a cumulative amount of at least USD$5,000 is spent during the first 3 cycles from account open date Full reimbursement of the First Annual Fee (JMD$78,500) reimbursed if card is activated and used during the first 3 cycles from account opening
	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 at least JMD$300,000 is spent during the first 3 cycles from account open date.
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 at least 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 at least USD$2,000 is spent during the first 3 cycles from account open date.
	Scotiabank Gold Mastercard®	USD$165.00 cashback if a cumulative amount of at least USD$1,000 is spent during the first 3 cycles from account open date
	Scotiabank Standard MasterCard®	USD$50 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date.
	Scotiabank American Express® The Platinum Card	Spend bonus of 20,000 American Express Points when a cumulative amount of at least 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 3 cycles from account opening.
	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 at least US$2,500 is spent during the first 3 cycles from account open date
Trinidad and Tobago	Scotiabank Gold Mastercard®	TTD$300 cashback if a cumulative amount of at least 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 MAGNA Mastercard®	Spend Bonus of TTD$68 when a cumulative amount of at least 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 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 at least TTD$13,000 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.
	Visa Classic	No annual fee for the first year, and none ever if your purchases amount to an average of at least TTD$1,250 monthly. Introductory Low Rate offer of 9.99%(APR)/10.46%(EAIR) for the first 6 months
	Scotiabank Standard MasterCard®	TTD$340 cashback if at least 1 Eligible Purchase is converted into a SelectPay plan during the first three cycles from the account open date.
	MC Business AERO	First Purchase Bonus of 3,000 Scotia Points upon the first purchase of any amount during the first cycle from account opening date.
Guyana	Scotiabank Gold Mastercard®	Spend Bonus of GYD$11,750 when a cumulative amount of at least GYD$100,000 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
Guyana	Mastercard Business Card	Spend Bonus of GYD$10,000 when a cumulative amount of at least GYD$150,000 is spent during the first 3 cycles from account open date

Timing of Credit

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 set up in the Scotiabank system, as follows:

Group #1: For all new accounts booked and shown in the Scotiabank system with an open account date between February 1 and February 28, 2023 inclusive, the Spend Bonus and SelectPay Period will end May 31, 2023 and the reward will be credited by July 31, 2023.

Group #2: For all new accounts booked and shown in the Scotiabank system with an open account date between March 1 and March 31, 2023 inclusive, the Spend Bonus and SelectPay Period will end June 30, 2023 and the reward will be credited by August 31, 2023.

Group #3: For all new accounts booked and shown in the Scotiabank system with an open account date between April 1 and April 30, 2023 inclusive, the Spend Bonus and SelectPay Period will end July 31, 2023 and the credit will take place by September 30, 2023.

In order to be eligible to receive the above-mentioned promotional benefits, 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 July 31, 2023
Group #2: As of August 31, 2023
Group #3: As of September 30, 2023

This is a limited-time promotion which will run from February 1, 2023 to April 30, 2023 inclusive.

Scotiabank staff credit cards are not eligible for these promotional benefits.

The Promotion does not apply to switches or upgrades.

The Bank reserves the right to determine which purchases qualify for this Promotion.
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 Promotional Period or card transactions made, 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 LowRate 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 or notice. In the event of a dispute arising from this Promotion, the Bank’s decision shall be 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.

Mastercard is a registered trademark of Mastercard International Incorporated.

VISA is a registered trademark of VISA International Service Association. American Airlines® reserves the right to change AAdvantage® program rules, regulations, travel awards and special offers at any time without notice, and to end the AAdvantage® Program with six months’ notice. Any such changes may affect your ability to use the awards or mileage credits that you have accumulated. Unless specified, AAdvantage® miles earned through this promotion/offer do not count toward elite-status qualification or Million MilerSM status. American Airlines® is not responsible for products or services offered by other participating companies. For complete details about the AAdvantage® program, visit www.aa.com/aadvantage. Scotiabank issues the Scotiabank/AAdvantage® card. American Airlines®, AAdvantage® and Million Miler are trademarks of American Airlines, Inc

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

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Conditions apply. Subject to credit approval.

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
Guyana	gy.scotiabank.com