Credit Card Terms and Conditions

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 March 1, 2020 to June 30, 2020 inclusive of spend, first purchase and activation bonuses. 

·       “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 the first purchase is made any time with his/her credit card

·       “Spend 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

·       “Annual Fee” refers to the fee charged annually for the benefits attached to and use of the 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.

·       "Scotiabank" or “Bank” means Scotiabank & Trust (Cayman) Ltd, Scotiabank Trinidad and Tobago Limited, Scotiabank (Bahamas) Limited, Scotiabank            (Barbados) Limited, Scotiabank (Belize), The Bank of Nova Scotia Jamaica Ltd, The Bank of Nova Scotia Guyana and Scotiabank (Turks & Caicos) Ltd.

 

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

 

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 USD1,300 is spent during the first 3 cycles from account open date

·       First Annual Fee (USD125) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Gold MasterCard®

·       First Annual Fee (USD110) reimbursed if card activated and used during the first cycle 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 BSD2,500 /USD2,500 is spent during the first 3cycles from account open date

·       First Annual Fee (BSD133.28) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Gold MasterCard®

·       First Annual Fee (BSD95.20) reimbursed if card activated and used during the first cycle from account opening.

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 BSD1,000 / US$1,000 is spent during the first 3 cycles from account open date

·        First Annual Fee (BSD95.20) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Visa Classic

 

·       Bonus of BSD10 upon the first purchase of any amount

·       Spend Bonus of BSD20 when a cumulative amount of BSD250 /US$250 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 BSD2,500 / US$2,500 is spent during the first 3 cycles from account open date

·        First Annual Fee (BSD95.20) reimbursed if card activated and used during the first cycle from account opening.

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 BBD1,900 is spent during the first 3 cycles from account open date

·       First Annual Fee (BBD115) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank AERO* Platinum MasterCard®

 

·       Bonus of 3,000 Scotia Points upon the first purchase of any amount

·       Bonus of 7,000 ScotiaPoints when a cumulative amount of BBD3,800 is spent within the first 3 cycles days from account open date

·       First Annual Fee (BBD199) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank MasterCard®

·       Bonus of BBD30 when a cumulative amount of BBD400 is spent during the first 3 cycles from account open date

·       Additional Card Bonus of BBD10 when adding one or more supplementary cards in the first 3 cycles from account open date

Scotiabank Gold MasterCard®

·       First Annual Fee (BBD115) reimbursed if card activated and used during the first cycle from account opening.

MasterCard Executive Business AAdvantage

·       Bonus of 3,000 AAdvantage® miles upon the first purchase of any amount

·       Bonus of 4,000 AAdvantage® miles when a cumulative amount of BBD4,000 is spent during the first 3 cycles from account open date

·        First Annual Fee (BBD120) reimbursed if card activated and used during the first cycle from account opening.

Belize

 

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 BZD5,500 is spent during the first 3 cycles from account open date

·       First Annual Fee (BZD238) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Gold MasterCard®

·       First Annual Fee (BZD150) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank MasterCard® 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 BZD1,800 is spent during the first 3 cycles from account open date

·       First Annual Fee (BZD165) reimbursed if card activated and used during the first cycle from account opening.

Jamaica

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 JMD300,000 is spent   during the first 3 cycles from account open date.

·       First Annual Fee (JMD13,900) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Gold MasterCard®

·       First Annual Fe (JMD7,500) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank MAGNA MasterCard®

 

·       Spend Bonus of 3,500 Magna Points when a cumulative amount of JMD30,000 is spent during the first 3 cycles from account open date

·       Additional Card Bonus of 500 Magna Points when adding one or more supplementary cards in the first 3 cycles from account open date

Scotiabank Gold MasterCard®(USD)

·       Spend Bonus of US$30 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 JMD140,000 is spent during the first 3 cycles from account open date

·       First Annual Fee (JMD9,000) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Visa® Classic

·       Bonus of JMD2,000 Points upon the first purchase of any amount

·       Spend Bonus of JMD4,000 when a cumulative amount of JMD25,000 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 JMD300,000 is spent during the first 3 cycles from account open date

·       First Annual Fee (JMD11,000) reimbursed if card activated and used during the first cycle from account opening.

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 USD1,700 is spent during the first 3 cycles from account open date

·       First Annual Fee (USD165) reimbursed if card activated and used during the first cycle from account opening.

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 USD1,700 is spent during the first 3 cycles from account open date

·       First Annual Fee (USD192.50) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank Gold MasterCard®

·       First Annual Fee (USD165) reimbursed if card activated and used during the first cycle from account opening.

Trinidad and Tobago

Scotiabank Gold MasterCard®

·       First Annual Fee (TTD300) reimbursed if card activated and used during the first cycle from account opening.

Scotiabank MAGNA MasterCard®

·       Spend Bonus of 1,500 Magna Points when a cumulative amount of TTD1,400 is spent during the first 3 cycles from account open date

·       Additional Card Bonus of 500 Magna Points when adding one or more supplementary cards in the first 3 cycles from account open date

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 TTD13,000 is spent during the first 3 cycles from account open date

·       First Annual Fee (TTD625) reimbursed if card activated and used during the first  cycle from account opening .

Scotiabank Visa® Classic

·       Spend Bonus of TTD400 when a cumulative amount of TTD1,300 is spent during the first 3 cycles from account open date

·       First Purchase Bonus of TTD125 upon the first purchase of any amount in the first 3 cycles from account open date

Guyana

Scotiabank Gold MasterCard®

·       First Annual Fee (GYD11,750) reimbursed if card activated and used during the first  cycle from account opening .

Scotiabank MasterCard®

·       Bonus of GYD3000 when a cumulative amount of GYD30,000 is spent during the first 3 cycles from account open date

·       Additional Card Bonus of GYD1,000 when adding one or more supplementary cards in the first 3 cycles from account open date

 

 

 

Transactional Reward:

The transactional reward will be based on net purchases made and posted to the Scotiabank credit card account based on the following account booking date and that there is an approved and open account in the Scotiabank system:

·       Group #1: Booked as of March 31, 2020

·       Group #2: Booked as of April 30, 2020

·       Group #3: Booked as of May 31, 2020

·       Group #4: Booked as of June 30, 2020

This bonus will be provided as a result of activation and typical usage of the Scotiabank credit card.

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 March 1 and March 31, 2020 inclusive, the spend period to be eligible for the Spend Bonus will end June 30, 2020 and the credit will take place by August 31, 2020.

-          Annual Fee: Credit reimbursing annual fee amount will be credited to account within 60 days of March 31, 2020

·       Group #2: For all new accounts booked and shown in the Scotiabank system with Open Account Date between April1 and April 30, 2020 inclusive, the spend period to be eligible for the Spend Bonus will end July 31, 2020 and the credit will take place by September 30, 2020.

-          Annual Fees: Credit reimbursing annual fee amount will be credited to account within 60 days of April 30, 2020

·       Group #3: For all new accounts booked and shown in the Scotiabank system with Open Account Date between May 1 and May 31, 2020 inclusive, the spend period to be eligible for the Spend Bonus will end August 31, 2020 and the credit will take place by October 31, 2020.

-          Annual Fees: Credit reimbursing annual fee amount will be credited to account within 60 days of May 31, 2020

·       Group #4: For all new accounts booked and shown in the Scotiabank system with Open Account Date between June 1 and June 30, 2020 inclusive, the spend period to be eligible for the Spend Bonus will end September 30, 2020 and the credit will take place by November 30, 2020.

-          Annual Fees: Credit reimbursing annual fee amount will be credited to account within 60 days of June 30, 2020

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 March 31, 2020

·       Group #2: As of April 30, 2020

·       Group #3: As of May 31, 2020

·       Group #4: As of June 30, 2020

This Promotion is a limited-time promotion which will run from March 1, 2020 to June 30, 2020 inclusive.

The Promotion does not apply to switches or upgrades.

·       Existing Scotiabank credit cardholders are not eligible for this Promotion. Former Scotiabank credit cardholders who have cancelled their cards within the last 12 months will not be eligible for this Promotion when they re-apply for a Scotiabank credit card during the Promotional Period. (Non-eligibility is considered for the 12-month duration following the last date of credit card account cancellation.)

·       Scotiabank reserves the right to determine which purchases qualify for a Bonus.

·       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 offer 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.

* 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. 

   

             ‡ Conditions apply. Subject to credit approval.

           For more information, visit the website of your country       

Country

Website Address

Trinidad & Tobago

tt.scotiabank.com

Barbados

bb.scotiabank.com

Jamaica

jm.scotiabank.com

Bahamas

bs.scotiabank.com

Cayman Islands

ky.scotiabank.com

Guyana

gy.scotiabank.com

Turks & Caicos

tc.scotiabank.com

Belize

Bz.scotiabank.com