When applying for a Scotiabank credit card, there are a number of important things to note, including:
Among this information, there are criteria that Scotiabank looks at to determine whether or not to approve your application:
Minimum personal income is the first criteria checked by Scotiabank. You must earn:
Other cards
The vast majority of Scotiabank credit cards – including American Express and Visa – require a minimum personal annual income of $12,000. Visa Infinite cards require a minimum income of $60,000. If you don’t have this amount, you can apply based on your family income (at least $100,000) or if you have assets under management of at least $250,000.
We don’t often think about it, but it’s a criterion that can lead to your application being blocked! If the address you provide to Scotiabank in your application does not match the one listed in your TransUnion file, your application could simply be “conditionally declined.”
In fact, Scotiabank will wait for you to call and provide documentation or additional information. It will then be easy to specify if there is an error in the way the address is written, for example.
“Apt” instead of “Apartment” or 101-5001 instead of 5001 XXX Street, Apartment 101
Make sure to check how your address appears on your Transunion credit file.
You have been able to lock your credit file since 2023. If you have done so, please remember to unlock your file before applying.
To apply for a Scotiabank credit card, you must not have declared personal bankruptcy in the last 7 years.
You must have reached the age of majority in your province or territory of residence.
To get a Scotiabank credit card, you must be a Canadian citizen or permanent resident.
Despite all your precautions, it’s possible that at the end of your application, it may be rejected. But that doesn’t mean it’s definitively refused.
In fact, by calling Scotiabank with your application number at 1-800-958-8080, you may be able to provide additional details or send additional documents. Talking to a human will give you more information, which will probably allow Scotiabank to approve you! See our article on “declined” to “approved” card applications.
When you receive your Scotiabank credit card, you’ll be able to earn Scene+ points to pay for groceries or travel, or cash back with a Scotia Momentum Visa Infinite Card.
If you have any questions about your Scotiabank credit card application, call 1-800-958-8080. Have your reference number with you to speed up the process.
Scotiabank only offers Visa and American Express credit cards.
Scotiabank is one of the few financial institutions that has them! Here they are:
Savings are here (if you don’t see the sign-up form, please click here):
