Pros vs. Cons
Pros
- No Foreign Transaction Fees: significant savings for international purchases and trips;
- Insurance Coverage: covers a wide range of incidents, especially travel related ones;
- Airport Lounge Access: complimentary Priority Pass membership with six free visits per year;
- Versatile Rewards Program: earn Scene+ points that can be redeemed for various rewards.
Cons
- Annual Fee: at $150, the annual fee may be a deterrent for infrequent travelers;
- Income Requirement: minimum annual income requirement of $60,000 for individuals, or $100,000 for households, or minimum assets under management of $250,000;
- Limited High-Earning Categories: while some categories earn double points, many purchases only earn 1 point per dollar;
- Supplementary Card: despite having the possibility to get annual fee waived on the first one, all the other ones cost $50 per year.
Why Choose the Scotiabank Passport Visa Infinite Credit Card?
The lack of foreign transaction fees, generous rewards, and valuable perks make this card perfect for frequent travelers. On top of that, you get to have a less stressful travelling experience due to the airport lounge access and the great insurance coverage, providing peace of mind and convenience. Also, the points you earn can be redeemed for travel, merchandise, or statement credits, offering flexibility in how you use your rewards.
This is a versatile travel rewards card that offers a range of benefits tailored to frequent travelers. So, whether you’re looking into exploring the world or just enjoying occasional getaways, this card can suit to your lifestyle.
Who Is The Scotiabank Passport Visa Infinite Credit Card For?
It is an excellent choice for travelers looking to maximize rewards and minimize fees. With a strong suite of travel-related perks, it stands out among other travel cards. The annual fee and income requirements may not suit everyone, but its major advantages can easily offset these considerations if you tend to travel a lot.
If you’re interested, click the button below to learn more about the card, its benefits, requirements, and application process. This could be your first step towards making the most out of your travelling experiences!