NEW FEATURE FOR ENHANCED CONVENIENCE: Travel Expense Credit

  1. ScotiaPoints can be redeemed in exchange for a Travel Expense Credit.

  2. You must redeem a minimum of 10,000 points and in increments of 10,000 points thereafter at a pre-determined conversion rate of $0.015 USD for every 1 ScotiaPoint. For example, redemption of 20,000 ScotiaPoints would result in the equivalent of a $300 USD Travel Expense Credit being applied to your Card Account. Redemption of 30,000 ScotiaPoints would result in the equivalent of a $450 USD Travel Expense Credit being applied to your Card Account.

  3. In order to redeem for previous travel purchases, you must have sufficient points in your ScotiaPoints Account to cover the full redemption cost of the selected ticket or travel purchase. Partial redemptions are available to the extent you have points available in your ScotiaPoints Account, subject to the minimum initial redemption requirement of 10,000 points and in increments of 10,000 points thereafter. For example, if the cost of the travel purchase is $350 and you have 30,000 ScotiaPoints, you can redeem 20,000 points for the equivalent of a $300 USD Travel Expense Credit.

  4. Redemptions of ScotiaPoints can be made for a Travel Expense Credit within 90 days of the transaction date (i.e. 90 days from the date the transaction was made) to your Card Account.

  5. To redeem your ScotiaPoints for a Travel Expense Credit, you must call Scotiabank at the number provided to you in the Welcome Kit which you receive with your Card and mentioned at the back of your Card Monday through Friday between 8 a.m. and 6 p.m. and Saturday from 9 a.m. and 1 p.m. (Atlantic Standard Time).

  6. Travel Expense Credits will usually be posted to your Card Account within 7 to 10 business days after redemption.

  7. In order to redeem for previous travel purchases, you must have sufficient points in your ScotiaPoints Account to cover the full or partial redemption cost of the selected ticket or travel purchase and you will have to pay the 'minimum due' on your Card Account. ScotiaPoints redemptions cannot count towards the 'minimum due'. If the only outstanding balance on your Card Account was the travel for which you are requesting full or partial redemption, you must still make the 'minimum due' on your Card Account and carry a positive balance to receive your Travel Expense Credit.