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Best Scotiabank Student Credit Cards in Canada for 2024

Oct 14, 2024The best Scotiabank credit cards include cash back cards, travel rewards cards and others on the Visa and American Express networks.
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Alongside its standard credit cards, Scotiabank offers cards specifically designed for students. Depending on the card, students can earn Scene+ points or cash back on eligible purchases. Student cards offered by Scotiabank typically have no annual fees.

Best Scotiabank student credit cards in Canada

Annual fee
$29
Waived first year
Regular APR
12.99%
Rewards rateN/A
Sign-up bonusN/A
Recommended credit scoreN/A

Scotiabank® Scene+™ Visa* Card for Students
Scotiabank® Scene+™ Visa* Card for Students
4.3
NerdWallet rating
Annual fee$0
Regular APR
20.99% / 22.99%
Rewards rate
1x-2x Points
Sign-up bonus
Up to 5,000 Points
Recommended credit scoreN/A

Scotiabank American Express®  Card (for students)
Scotiabank American Express®  Card (for students)
Annual fee$0
Regular APR
19.99% / 22.99%
Rewards rate
1x-3x Points
Sign-up bonus
Up to 5,000 Points
Recommended credit scoreN/A

Scotia Momentum® Visa* Card (for students)
Scotia Momentum® Visa* Card (for students)
Annual fee$39
Regular APR
19.99% / 22.99%
Rewards rate
1%-2%
Sign-up bonusN/A
Recommended credit scoreN/A

Scotia Momentum® Visa* Card (for students)
Scotia Momentum® Visa* Card (for students)
Annual fee$39
Regular APR
19.99% / 22.99%
Rewards rate
1%-2%
Sign-up bonusN/A
Recommended credit scoreN/A

How Scotiabank student credit cards work

The Bank of Nova Scotia, commonly known as Scotiabank, is one of Canada’s Big Six banks.

Scotiabank’s credit cards for students are both Visa cards that can be used for purchases, building credit and earning rewards.

Types of Scotiabank student credit cards

Student credit cards often charge small or no annual fees and offer university and college students a chance to earn rewards while covering their daily expenses. Scotiabank’s modest selection of credit cards geared towards students fall into two categories:

  • Scene+ rewards cardsRewards credit cards typically generate points to be used with a bank’s own loyalty program. In Scotiabank’s case, students can earn Scene+ points that can be redeemed for a variety of merchandise, including travel purchases. 

  • Cash-back cards. Cash-back credit cards earn cardholders a percentage of the amount spent on eligible purchases. You can usually identify a Scotiabank cash-back card if it has “Momentum” in its name, but its cash-back option for students is the L’earn Visa Card.

Of course, students may also be eligible for other Scotiabank credit cards, but that may require meeting minimum income and credit score requirements.

Common features of Scotiabank student credit cards

Brand affiliations

All of Scotiabank’s student credit cards are Visas.

Average interest rates

Scotiabank’s student credit cards both offer interest rates of 19.99% on purchases and 22.99% on cash advances.

No annual fees

Neither of Scotiabank’s credit cards for students charges an annual fee.

Modest credit limits

Both of Scotiabank’s student credit cards come with a minimum credit limit of $500. Having a smaller credit limit when you’re just starting out as a credit card customer can keep you from overspending and racking up unnecessary interest charges.

Additional perks

Student credit cards aren’t usually known for their perks, but there are some common to both of Scotiabank’s student credit cards. They can be added to digital wallets for quicker check-out experiences and offer discounts on car rentals.

Opportunities to earn rewards

Scotiabank’s student credit cards earn two types of rewards: Scene+ points, which can be redeemed for a variety of products and experiences, and cash back.

The Scotiabank® Scene+™ Visa* Card for Students can help you earn 2 Scene+ points for every dollar spent at participating grocery stores, and at either Cineplex Odeon theatres or the Cineplex website. You’ll earn one Scene+ point for every dollar spent on other eligible purchases. Points can be redeemed for travel, gift cards, movies, dining experiences and merchandise.

The Scotiabank L’earn® Visa* Card offers a Moneyback reward of up to 1%, which is paid out as a statement credit once a year. You’ll earn 0.25% cash back on the first $500 you spend, 0.5% on the next $500 and 1% on any amount over that.

Scene+ rewards program

Scene+ is Scotiabank’s proprietary rewards program, which it operates with movie theatre chain Cineplex Odeon. While Scene+ points can be collected and redeemed at Cineplex theatres, that’s only part of the program.

Scene+ points can also be earned at a variety of grocery stores and their associated pharmacies, including large national chains like Sobeys, Safeway, Foodland and FreshCo; and at restaurants like Harvey’s, Swiss Chalet and Montana’s. Rewards can also be earned by booking travel through Scene+ Travel and making online purchases with Scene+ Rakuten.

Scene+ points can be redeemed for merchandise, travel purchases, entertainment experiences and account credits.

» MORE: How to apply for a credit card

How to choose the best Scotiabank student credit card for you

When choosing any credit card, one of the first things to watch out for are eligibility requirements you may not be able to satisfy, including those related to age, location, educational status and your personal credit score.

You’ll also want to compare cards based on their:

  • Annual fees. Many student credit cards don’t charge an annual fee, but some do. If you apply for a different kind of credit card, you’ll want to ensure that the card’s benefits justify the annual fee.

  • Interest rate. If you generally keep a balance on your card from month to month, it’s worth looking for a card with a lower interest rate.

  • Rewards structure. If rewards are a priority when applying for a credit card, you’ll typically have to choose between collecting points or earning cash back. Opting for the rewards most relevant to your needs will help you save more money.

Who should consider a Scotiabank student credit card?

Scotiabank’s student credit cards should meet the needs of post-secondary students interested in a convenient, no-frills payment option that can help them build their credit. If you’re already a Scotiabank personal banking customer, applying for a card should be relatively easy.

Because some Scotiabank rewards are paid out in Scene+ points, so they’ll be most valuable to students who regularly shop at Scene+ partners.

How to get a Scotiabank student credit card

Scotiabank doesn’t allow online applications for its student credit cards. To apply for one, you can either visit your local Scotiabank branch or call 1-800-747-3208.

Frequently asked questions


We like the points-earning potential and no annual fee offered by the Scotiabank® Scene+™ Visa* Card for Students, but the best card for you will be the card with an interest rate, fees and rewards that fit your needs and spending habits.

Yes, the Scotiabank® Scene+™ Visa* Card for Students is available for qualified international students participating in the Scotiabank StartRight™ Program.