Scotiabank Mastercard Business

Credit Card
General

Scotiabank Mastercard Business

Welcome offer
No current welcome offer available
Features
  • Add up to 4 additional cards with personalized credit limits
  • Access cash anywhere with ATMs and Scotiabank Credit Card Cheques
  • Enjoy coverage for death, critical illness, and card-related issues
Annual Fee
J$ 7,403.44
Purchase
Interest Rate
40.00%
Cash
Advance Rate
40.00%
Minimum
Payment
5.00%
Learn more
  • Travel Rewards: Earn miles, redeemable for travel to over 550 destinations worldwide.
  • Additional Cards: Add up to 4 additional cards and assign unique credit limits to each, enabling better control over employee spending.
  • Empower Your Team Affordably: Equip employees with supplementary cards for efficient expense management, with a minimal J$3,618.43 fee.
  • MasterCard Concierge Service: Access exclusive recommendations and reservations for travel, dining, hotels, and entertainment.
  • Expense Management: Track and manage business expenses efficiently with enhanced purchasing power.
  • Travel with Confidence: Benefit from up to USD $3,600 in ATM protection and up to USD $50,000 in auto rental insurance coverage.
  • Cash Advances: Access cash advances at over one million ATMs worldwide, providing liquidity and convenience for unexpected expenses.
  • Credit Card Cheques:Includes Scotiabank Credit Card Cheques, which can be used wherever credit cards are not accepted, ensuring you have multiple payment options.
  • Clear Business Fees: The Scotiabank Mastercard Business Card offers a comprehensive suite of features to support and streamline your business operations. For detailed information on applicable fees, please consult the Scotiabank Credit Card Rates & Fees Schedule.

Investment Disclosure - Managed Funds

Please note that past performance of managed funds, including unit trusts and mutual funds, does not guarantee future results. While historical performance can provide valuable insights into a fund’s track record and management capabilities, it should not be the sole basis for making investment decisions.

Managed funds are subject to market fluctuations, economic conditions and various other factors that may affect their performance. Investors should carefully consider their investment objectives, risk tolerance and financial situation before investing in any managed fund.

Additionally, it’s essential to conduct thorough research and consult with a qualified financial advisor to ensure that the selected managed fund aligns with your individual investment goals and preferences.

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Fixed Income Investment Disclaimer:

  • Interest Rate Risk: The value of your fixed income investment may decline if interest rates rise. As rates go up, investors may be able to earn higher returns on new investments, potentially making your existing fixed-rate investment less attractive.
  • Credit Risk: There is always the possibility that the issuer of a fixed income security, like a CD, may default on their obligation to repay your principal or interest. This risk is generally lower with government-backed securities but can be higher with corporate bonds.
  • Market Volatility: Even fixed income investments can experience some price fluctuation, especially in secondary markets where they may be sold before maturity.
  • Early Withdrawal Penalties: Some fixed income investments, like CDs, may impose penalties if you withdraw your funds before the maturity date.

Before investing in any fixed income product, carefully consider your investment goals, time horizon, and risk tolerance. It’s important to understand the specific features and risks associated with each type of investment. Consider consulting with a financial advisor to ensure these investments align with your overall financial plan.

This information is for general purposes only and does not constitute financial advice.

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Last Updated: March 8, 2024. 

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