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Can you go over your credit card limit Scotiabank?

Our disclosure We follow high standards of editorial integrity on this website to help you make informed decisions. This article may include links to services and products from our partners. We may receive compensation when you sign up, at no cost to you. It does not change our unbiased reviews, evaluations or advice. Please take a look at our disclosure.

Written by Mohamed Konate
Published: February 16, 2020

Reading Time: < 1 minute

Can you go over your credit card limit Scotiabank?

First and foremost, it is not recommended to go over your credit limit since it could impact your credit card utilization rate and your credit score.

If you go over your credit limit, there are 2 potential scenarios:

Your credit card issuer might just decline the transaction.
Some credit card issuers may approve the transactions that exceed your credit limit, however they usually charge an over-limit fee of up to $30 the first time you go over your limit and the same or more if you do it again.

Perhaps it might be worth applying for a credit limit increase.

If you would like to submit a request to increase to your credit limit, you have three options:

Online: Log in to your Scotia OnLine® account to make your request
By Phone: 1-800-367-6466 for (Canada/USA)
In person at your Scotiabank branch

Other Scotiabank Credit Card FAQs

What is the best Scotiabank credit card?

How to get a credit card at Scotiabank?

What is minimum payment due in credit card scotiabank?

Does Scotiabank have secured credit card?

Author Bio

Mohamed Konate

Mohamed Konate, MBA Mohamed Konate is a licensed Mortgage Agent (FSRA #10530, Mortgage Alliance) and Life & Health Insurance Broker (Elite Harvest Financial) based in Whitby, Ontario, serving families and businesses across the Durham Region and throughout Ontario. With over 15 years of experience in the Canadian financial industry — including senior roles at major banks — Mohamed combines deep expertise in mortgages, life insurance, and financial strategy to help clients buy homes, renew or refinance their mortgages, and protect their families with tailored insurance solutions. He is also the founder of MyRateCompass.ca, a trusted Canadian personal finance website offering unbiased insights and practical tools to empower consumers. Mohamed holds both a Bachelor’s and MBA in Business Administration from Quebec universities, and is passionate about making complex financial decisions simple and accessible. 👉 Learn more about working with Mohamed – Mortgage Broker in Ontario 👉 Connect at EliteHarvestFinancial.ca