Is the Scotiabank Platinum American Express Card worth it?

It carries a $399 annual fee and a welcome offer worth about $800, for an estimated first-year value of +$401. Big welcome bonus worth ~$800. Compare it against similar cards below before deciding.

What is the annual fee and interest rate on the Scotiabank Platinum American Express Card?

The annual fee is $399. The purchase interest rate is 9.99% and the cash advance rate is 9.99%. These are sourced from Scotiabank's official page.

What rewards does the Scotiabank Platinum American Express Card earn?

It earns up to 3x on scene+ travel hotels and car rentals, in Scene+. See the full earn-rate breakdown above.

ScotiabankPlatinum

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Scotiabank Platinum American Express Card

AMERICAN EXPRESS

Great for travel abroad

Scotiabank Platinum American Express Card

Welcome bonus

~$800

Earn up to 80,000 bonus Scene+ points ($800 in travel rewards)

Annual fee $399Purchase APR 9.99%1st-year value +$401

Apply on Scotiabank →

#16 Travel Rewards Credit Cards #1 Low Interest Credit Cards #5 No Foreign Transaction Fee Cards #2 Premium Credit Cards

Why get this card

✓Big welcome bonus worth ~$800
✓Bonus covers 2× the annual fee
✓Earn 3x on scene+ travel hotels and car rentals
✓No foreign transaction fees

Earn rates

eligible travel purchases2x
dining and entertainment2x
all other purchases1x
Scene+ Travel hotels and car rentals3x
booked through Scene+ Travel

Welcome offer

Earn up to 80,000 bonus Scene+ points ($800 in travel rewards)

Est. cash value: ~$800
Bonus points: 80,000
Minimum spend: $10,000
Spend window: 425 days
Offer ends: —

Earn 60,000 bonus Scene+ points by spending $3,000 in first 3 months, plus an additional 20,000 by spending $10,000 within the first 14 months.

Fees

Annual fee: $399
Additional card: $99
Foreign transaction fee: None

No foreign transaction (FX) markup on foreign currency purchases

Interest rates

Purchase APR: 9.99%
Cash advance APR: 9.99%
Balance transfer APR: —
Grace period: —
Rate effective date: —

Benefits & insurance

Lounge access: 10 visits (Priority Pass)
Insurance coverages: 6

Travel Emergency Medical Insurance
Flight Delay Insurance
Delayed and Lost Baggage Insurance
Hotel/Motel Burglary Insurance
Rental Car Collision/Loss Damage Insurance
Creditor Insurance

Redemption & eligibility

Reward currency: Scene+
Redemption options: —
Transfer partners: —
Min. personal income: —
Min. household income: —

Compare with similar cards

Frequently asked

Is the Scotiabank Platinum American Express Card worth it?: It carries a $399 annual fee and a welcome offer worth about $800, for an estimated first-year value of +$401. Big welcome bonus worth ~$800. Compare it against similar cards below before deciding.
What is the annual fee and interest rate on the Scotiabank Platinum American Express Card?: The annual fee is $399. The purchase interest rate is 9.99% and the cash advance rate is 9.99%. These are sourced from Scotiabank's official page.
What rewards does the Scotiabank Platinum American Express Card earn?: It earns up to 3x on scene+ travel hotels and car rentals, in Scene+. See the full earn-rate breakdown above.

Official sources

Every figure on this page comes from Scotiabank's own pages. Last checked 2026-06-13.