Scotiabank Mastercard AAdvantage

Credit Card
Rewards, Travel

Scotiabank Mastercard AAdvantage

Welcome offer
Get 3,000 AAdvantage miles on 1st purchase (no min. spend) + 4,000 bonus miles when you spend J$300k during the bonus period
Features
  • Earn AAdvantage miles on business purchases
  • Redeem miles for business or personal travel to 550+ destinations worldwide
  • Access Mastercard's Concierge for effortless travel and luxury reservations
Annual Fee
J$ 12,487.13
Purchase
Interest Rate
42.00%
Cash
Advance Rate
42.00%
Minimum
Payment
5.00%
  • Double the Welcome, Double the Travel: Get 3,000 AAdvantage miles simply for making your first purchase – no minimum spend required! Plus earn an additional 4,000 AAdvantage miles when you spend a total of J$300,000 during the spend bonus period.
  • AAdvantage Miles: Earn one AAdvantage mile for every U.S. dollar or its equivalent spent on the card. This includes purchases made by employees using the card.
  • Empower Your Team Affordably: Equip employees with supplementary cards for efficient expense management, with a minimal J$6,103.08 fee. Businesses can have up to 5 cards under the same account, allowing employees to make purchases and earn miles.
  • Miles Redemption: Cardholders can redeem miles for both business and personal travel across over 550 destinations worldwide.
  • Expense Management: Helps in tracking and managing business expenses efficiently.
  • Benefit from ATM Protection up to USD$3,600 for unexpected cash needs.
  • Enjoy Auto Rental Insurance coverage up to USD$50,000 on your business rentals.
  • Clear Business Fees: The Scotiabank Mastercard AAdvantage 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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