Scotiabank Passport Visa Infinite Business Card Review



Annual Fee


Annual Rewards

30,000 points

Intro Offer


Annual fee


Annual rewards

30,000 points

Intro offer


  • No foreign transaction fees
  • 30,000 Scotia Reward points welcome bonus
  • Complimentary airport lounge access
  • 1.5 Scotia Reward points per $1 spent on everyday purchases
  • 2 points per $1 spent on eligible travel and business expenses
  • Travel insurance coverage
  • Customizable account management options
  • Established bank with solid reputation


  • $199 annual fee
  • Requires minimum $60,000 personal or $100,000 household annual income
  • Not suited for those with low monthly spending
  • Limited benefits for non-travelers
  • No cashback option within rewards program

Performance test results

At DollarWise, for each credit card we test 7 different factors including the rewards, value for money, perks, insurance, strengths and weaknesses of the card.

You can see our full testing methodology here to learn why we’re the most trusted source for credit card reviews.

The Scotiabank Passport Visa Infinite Business Card has earned a 3.78 DollarWise Rating out of 5. This score is based on a weighted average of the two highest scoring factors (excluding acceptance and approval).




Interest rates




The highest scoring categories for the Scotiabank Passport Visa Infinite Business Card are insurance and rewards.

These factors are weighted 70% to the highest scoring factor and 30% to the second highest score to get an overall review score.

This weighting allows us to judge cards on their merits and the customers they are designed for.

For the Scotiabank Passport Visa Infinite Business Card the most important factors for scoring this card are its insurance and rewards.


With the Scotiabank Passport Visa Infinite Business Card, here’s the rates at which you earn rewards for different spending categories per dollar you spend:

Bills1.5 points
Pharmacy1.5 points
Gas1.5 points
Groceries1.5 points
Restaurants1.5 points
Specific Stores1.5 points
Travel1.5 points
All Other Spend1.5 points

Calculating your annual rewards

We estimate that spending $2,000 per month with the Scotiabank Passport Visa Infinite Business Card would earn $360 in rewards over the year.

Our performance testing research uses an accurate estimation of the average Canadian households spending patterns to predict the rewards a card will earn.

We found that you’d earn this per category:

All Other Spend$360

Our study investigating the value found that each dollar spent on the Scotiabank Passport Visa Infinite Business Card is worth up to $0.01, depending on how you redeem.

This $360 in rewards value puts the Scotiabank Passport Visa Infinite Business Card in the top 50% of credit cards in Canada based on rewards earned.

The average credit card in our database earns $337 in rewards for the same spend that the Scotiabank Passport Visa Infinite Business Card earns $360 in rewards value.

We can compare this card to other options by looking at the earn rate by category.

This earn rate is the percentage return that you would get when you spend on this card, assuming you redeem at the predicted maximum value.

For example, if a card earned 5 points per dollar on gas and each point is worth up to $0.02, then the earn rate is 5 points multiplied by $0.02 each, divided by the dollar you spent.

In this example, that’s a 10% earn rate on gas.

SpendThis CardAverage
Above, we’ve calculated the earn rate for the Scotiabank Passport Visa Infinite Business Card for every spend category and compared it to the average for all Canadian credit cards.
Redemption methodAnnual rewards
Redeem for travel$360
Apply to statement credit$252
Gift cards$266
Grocery rewards$360
Restaurant rewards$360
Movie rewards$360
Apple / BestBuy$277

For an annual spend of $24,000, we estimated annual rewards value at up to $360.

That’s equivalent to a 1.50% return on spending.

The Scotiabank Passport Visa Infinite Business Card has an annual fee of $199. After deducting this, we predicted net annual rewards of $161.

This puts it in the bottom 40% of credit cards for net rewards after fees.

In comparison, the average card earns net annual rewards of $254.


The Scotiabank Passport Visa Infinite Business Card has a $199 annual fee.

The average card charges $85. So, the Scotiabank Passport Visa Infinite Business Card is in the top 10% of cards based on the cost of the annual fee.


We manually review the perks of each credit card to determine how they compare to other cards.

The Scotiabank Passport Visa Infinite Business Card scored a 2.8 out of 5 for perks, putting it in the top 20% of cards.

The average card scores 1.6 out of 5 for perks.

Interest Rates

Cash Advance22.99%
Balance Transfer22.99%

The average (median) credit card has a purchase interest rate of 19.99% and so the Scotiabank Passport Visa Infinite Business Card charges {{purchase_interest_diff}} than the average.

For cash advances it costs 22.99% compared to the average of 19.96%.

Testing the Scotiabank Passport Visa Infinite Business Card with a $2,000 starting balance, you can see in the graph how the {{purchase_interest_diff}} in interest rates impacts the interest over a year, compared to the average card.

Insurance coverage

InsuranceThis CardAverage
Extended Warranty1 year1 year
Purchase Protection90 days90 days
Travel Accident$500,000$500,000
Emergency Medical Term25 days15 days
Emergency Medical over 6510 days4 days
Trip Cancellation$2,500$1,500
Trip Interruption$2,500$2,000
Flight Delay$500$500
Baggage Delay$1,000$500
Lost or Stolen Baggage$1,000$1,000
Rental Car Theft & DamageYesNo
Hotel Burglary$1,000$1,000

We scored it 4.2 out of 5 for insurance.

It offers 12 types of insurance, whereas the average card has 5 types of coverage.

Approval and qualifying

Do I qualify?
Estimated Credit Score760 – 900
Personal Income$60,000
Household Income$100,000
Annual Fee$199
Extra Card Fee$0
Card typeVisa

We scored it 2.5 out of 5 for approval.

We predict that you will require a credit score of at least 760 to qualify for the Scotiabank Passport Visa Infinite Business Card, while the average card requires 652 to qualify.

This puts it in the top top 10% of cards by approval difficulty.

The personal income requirements are $60,000, while the average card requires $23,896.

This puts it in the top 20% of cards by the income required to qualify.

The Scotiabank Passport Visa Infinite Business Card is a versatile credit card option for Canadian business owners who frequently travel, offering rewarding opportunities and various benefits.

In this review, we will explore the earning potential of this card, discuss four benefits and two drawbacks, and provide relevant information to help you decide whether this card is right for you.

Earning potential

 The Scotiabank Passport Visa Infinite Business Card earns Scotia Rewards points with every purchase. Cardholders can earn 1.5 points per $1 spent on eligible gas stations, office supplies and purchases, dining (restaurants and food delivery), and travel.Enjoy 1 point per $1 spent on everything else.

These points can be redeemed for a variety of rewards, including travel, merchandise, and gift cards.


  1. Travel Benefits: The first major advantage of this card is the comprehensive travel benefits it provides. Cardholders receive a complimentary Priority Pass membership with six free annual visits to over 1,200 Priority Pass airport lounges worldwide. This perk ensures a comfortable travelling experience and uninterrupted work while on the go.
  2. No Foreign Transaction Fees: The second major advantage is the no foreign transaction fees on purchases made abroad or online in a foreign currency. This makes the card a cost-effective choice for business owners who often travel internationally or make frequent foreign currency transactions.
  3. Travel Insurance Coverage: The third major advantage of this card is its travel insurance coverage. This includes travel emergency medical insurance, trip cancellation/interruption insurance, flight delay insurance, lost baggage insurance, and travel accident insurance.

    These comprehensive coverage options give peace of mind and financial protection when travelling for business.
  4. Personalized Business Expense Management: The fourth major advantage is the personalized business expense management feature that allows users to easily track, manage, and categorize business expenses.

    This simplifies accounting tasks and streamlines expense reporting for better focus on the core aspects of the business.


  1. High Annual Fee: One significant drawback of this card is the high annual fee at $199, which can be considered quite steep for some small business owners. In order to maximize the value and outweigh this annual fee, users must ensure they take full advantage of the card’s benefits, especially its travel rewards and expense management features.
  2. Insufficient Support for Online Shopping Expenses: The second major drawback is the insufficient support for online shopping expenses. The card’s reward rate for online shopping categories is limited to 1 point per dollar, which could be too low for businesses that rely heavily on online purchases to run their operations.

Additional information

Although the Scotiabank Passport Visa Infinite Business Card has impressive travel benefits and overall earning potential, it is essential to weigh the card’s advantages and drawbacks based on individual business needs. Make sure to evaluate the card’s features in relation to your business spending habits, ensuring maximizing rewards while minimizing costs.

Not the right fit? You could consider the BMO Cashback Business MasterCard. Or, if you’re looking for other options check out the RBC Visa Business Card, and the CIBC Aventura Visa Card for Business.


With the Scotiabank Passport Visa Infinite Business Card, cardholders can redeem their accumulated Scotia Rewards points for a variety of options. These include:

  • Travel: Book flights, hotels, car rentals, vacation packages, or cruise vacations through the Scotia Rewards Travel Service. You can make either full or partial payments with your points.
  • Merchandise: Redeem points for a wide selection of products from the Scotia Rewards online catalogue, including electronics, appliances, and home accessories.
  • Gift Cards: Choose from a variety of popular retailers, restaurants, and entertainment brands to redeem your points for gift cards.
  • Statement Credits: Apply your Scotia Rewards points directly towards eligible purchases you have made on your card, reducing your credit card balance.
  • Investments: Use your points to contribute to eligible Scotia Investment accounts, helping you grow your investments over time.

The Scotiabank Passport Visa Infinite Business Card offers the advantage of no foreign transaction fees when making purchases in a foreign currency. This means cardholders can save on the typical 2.5% to 3% foreign transaction fees imposed by most credit cards, leading to cost savings for businesses that frequently engage in international transactions.

The Scotiabank Passport Visa Infinite Business Card does not have a minimum personal income requirement, as it is a business credit card targeted towards business owners and corporations. Instead, the card issuer will evaluate your business’s creditworthiness and financial stability to determine eligibility, though specific qualification criteria may vary.

It is important to provide accurate and comprehensive business financial information when applying.

Key benefits

  • Visa Infinite exclusive benefits
  • Authorized user cards included at no additional cost
  • 15% discount on Priority Pass annual membership
  • $0 introductory fee for first-year supplementary cards
  • Multiple payment options: in-person, online, or mobile app
  • Dedicated business concierge support
  • Flexibility to book travel through Scotia Rewards Travel Service or use points to cover purchases made with the card
  • Access to unique experiences and luxury event offers
  • Optional credit card balance protection
  • 24/7 worldwide customer service assistance
  • Enhanced security with Visa contactless payments and chip technology

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