Annual fee: $120 (waived for the first year).Combined with its lack of foreign transaction fees, this card is not just one of the best no-forex-fee cards but one of the best overall rewards cards in Canada. Get more details about the Scotiabank Passport Visa Infinite* Go to SiteĪt a glance: The Scotiabank Gold American Express has an impressive everyday earn rate, especially on food and transit. You’ll need to earn an income of at least $60,000 (or $100,000 as a household) to qualify, which means the card may be out of reach for some Canadians.On October 1, 2022, the Scotiabank Passport Visa Infinite’s annual fee increased from $139 to $150.This card offers a full range of travel insurance benefits including travel emergency medical insurance, trip cancellation/trip interruption insurance and more.With this card, you’ll receive a complimentary Priority Pass membership with six free airport lounge visits per year that’s the most lounge passes available on a card with an annual fee below $200. The Scotiabank Passport Visa Infinite is the only no-forex-fee card in Canada to also offer airport lounge access.Every year that you charge $40,000 or more, you’ll earn an additional 10,000 bonus points ($100 value toward travel). The Scotiabank Passport Visa Infinite rewards high-volume spenders.Points can be redeemed for a wide variety of products and services, even against purchases with Uber, UberEats and Airbnb. Scotia’s travel redemptions are extremely broad.But, you will need to redeem a minimum of 5,000 points (equivalent to $50 in savings) at a time. There are no complicated travel charts or maps, and you’ll get the same value wherever you fly. ![]()
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