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 August 1, 2021 to October 31, 2021
“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 Introductory Low-Rate offer of 9.99% for the first 6 months.
Cayman Islands	Scotiabank Gold Mastercard®	Spend Bonus of USD$55 when a cumulative amount of USD$1,100 is spent during the first 3 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 Introductory Low-Rate offer of 9.99% for the first 6 months.
Bahamas	Scotiabank Gold Mastercard®	Spend Bonus of BSD$48/USD$48 when a cumulative amount of BSD$950 /US$950 is spent during the first 3 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 BSD2,500 / US$2,500 is spent during the first 3 cycles from account open date
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. Introductory Low-Rate offer of 9.99%(APR)/10.46(EAIR) for the first 6 months.
	Scotiabank Gold Mastercard®	Spend Bonus of BBD$55 when a cumulative amount of BBD$1,500 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.
	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.
	Scotiabank Gold Mastercard®	Spend Bonus of JMD$3,500 when a cumulative amount of JM$150,000 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 JM$30,000 is spent during the first 3 cycles from account open date Additional Card Bonus of $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$140,000 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.
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.
	Scotiabank Gold Mastercard®	Spend Bonus of USD$85 when a cumulative amount of USD$1,000 is spent during the first 3 cycles from account open date
	Scotiabank Gold Mastercard®	Spend Bonus of TTD$150 when a cumulative amount of TTD$6,000 is spent during the first 3 cycles from account open date

Trinidad and Tobago

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 TTD$1,400 is spent during the first 3 cycles from account open date
Additional Card Bonus of $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 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.

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 August 1 and August 31, 2021 inclusive, the spend period to be eligible for the Spend and First Purchase Bonus will end November 30, 2021 and the credit will take place by December 31, 2021.
Group #2: For all new accounts booked and shown in the Scotiabank system with Open Account Date between September 1 and September 30, 2021 inclusive, the spend period to be eligible for the Spend and First Purchase Bonus will end December 31, 2021 and the credit will take place by January 31, 2022.
Group #3: For all new accounts booked and shown in the Scotiabank system with Open Account Date between October 1 and October 31, 2021 inclusive, the spend period to be eligible for the Spend and First Purchase Bonus will end January 31, 2022 and the credit will take place by February 28, 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 November 30, 2021
Group #2: As of December 31, 2021
Group #3: As of January 31, 2022

This is a limited-time promotion which will run from August 1, 2021 to October 31, 2021 inclusive. Scotiabank staff credit cards are not eligible for these welcome bonuses.

The Promotion does not apply to switches or upgrades.

Existing Scotiabank credit cardholders are not eligible for this offer. 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.)
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 (labelled as “Introductory Low Rate”) is only eligible on new Scotiabank retail accounts, and not valid on current Scotiabank credit card retail accounts. The new 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 promotional interest rate offer and the monthly minimum payment is not made by the due date, the new account will lose the promotional interest rate offer and the standard annual interest rate 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.

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.

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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