Welcome offer
- Unlock special experiences with the Platinum® Card
- Earn up to 80,000 Membership Rewards® points
- New Platinum® Cardmembers, earn 65,000 Welcome Bonus points after you charge $6,000 in net purchases to your Card in your first 3 months of Cardmembership. Redeem for a roundtrip flight to a destination in Europe using the Fixed Points Travel Program (towards base fares, up to maximum of $900)
- Plus, you can also earn 15,000 points when you make a purchase between 14 and 17 months of Cardmembership. Redeem for a short-haul roundtrip flight to one of the popular routes using the Fixed Points Travel Program (towards base fares, up to maximum of $300)
- Earn 3 points for every $1 in Card purchases on eligible dining in Canada, 2 points for every $1 in Card purchases on eligible travel, and 1 point for every $1 in all other Card purchases
- You will have access to a $200 CAD Annual Travel Credit to use towards any single travel booking of $200 or more charged to your Platinum Card and made on www.americanexpress.ca/travel or through Platinum Card Travel Service
- Take full advantage of The American Express Global Lounge CollectionTM which unlocks access to over 1200 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience
- Enjoy flexible ways to use your points such as statement credits for any eligible purchase charged to your Card, new travel purchases booked on American Express Travel Online through the Flexible Points Travel Program, and eligible flights through the Fixed Points Travel Program
- Transfer points 1:1 to several frequent flyer and other loyalty programs
- Enjoy complimentary benefits that offer an average value of $550 USD at over 1,000 extraordinary properties worldwide when you book Fine Hotels + Resorts
- Platinum Cardmembers can enjoy access to special events and unique opportunities
- Enjoy premium benefits at the Toronto Pearson Airport such as discount on parking
- You will also have access to many leading hotel and car rental companies’ loyalty programs. Our partners include Marriott International, Hilton Hotels and Resorts, Radisson Hotel Group Americas, Hertz and Avis
- As a Charge Card, the balance must always be paid in full each month. 30% annual interest rate applies to balances not paid in full. Payments must be received and processed by the date of the next monthly statement to avoid interest charges.
- American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply
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Priority airport services
Yes
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Airport lounge access
Yes
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Concierge service
Yes
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Balance protection(Optional)
No
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Purchase Security & Extended Protection Insurance
Yes
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Flight delay insurance,Baggage Insurance
Yes
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Vehicule rental insurance
Yes
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Travel accident insurance
Yes
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Travel medical insurance
Yes
- Annual Fee: $699
- Additional Card Fee: $175
- Purchases Interest Rate: -%
- Cash Advance Interest Rate: -%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
No matter your destination, you can earn 2 points for every $1 in Card purchases on eligible travel3.
Take full advantage of The American Express Global Lounge CollectionTM which unlocks access to over 1200 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience
Enjoy premium benefits at the Toronto Pearson Airport such as discount on parking
You will also have access to many leading hotel and car rental companies’ loyalty programs. Partners include Marriott International, Hilton Hotels and Resorts, Radisson Hotel Group, Hertz and Avis
This card is the most exclusive credit card in the market however it comes with a $699 annual fee which is one the highest for a Canadian credit cards. The Platinum Card® is perfect for those who are looking for a luxury credit card with outstanding benefits, rewards, insurances, and platinum experiences. The annual fee is high however a frequent traveler will enjoy every single benefit on this card.
Platinum Card's rewards earn rate:
- Earn 3 points for every $1 in Card purchases on eligible dining in Canada
- Earn 2 points for every $1 in Card purchases on eligible travel
- Earn 1 point for every $1 in all other Card purchases
Pros
Up to 80,000-Membership Rewards® points bonus: As a New Platinum® Card Cardmember, you could earn 65,000 Welcome Bonus points when you charge $6,000 in purchases to your Card in the first 3 months of Cardmembership
No credit limit: There is no preset credit limit with this credit card
Premium airport lounge access: Complimentary access to over 1,200 airport lounges across 130 countries.
Premium insurance: The Platinum Card® offers different types of insurance like below:
- $500,000 Travel Accident
- Travel Emergency Assistance
- Trip Cancellation /Trip Interruption
- Car Rental Theft/Damage
- Lost or Stolen Baggage
- Flight Delay
- Baggage Delay
Cons
High annual fees: The Platinum Card has an annual fee of $699. Each additional card is $175.
• Earn up to 40,000 bonus Scotia Rewards points in your first year (that’s up to $400 towards travel ) Plus, no annual fee in the first year, including on supplementary cards and 5X Scotia Rewards points on Travel for the first 3 months (up to $2,500 in total travel purchases).
- Earn 30,000 bonus Scotia Rewards points when you spend $1,000 in everyday eligible purchases in the first 3 months.
- Earn 10,000 bonus Scotia Rewards points when you spend at least $40,000 in everyday eligible purchases annually.
- Redeem your Scotia Rewards points towards statement credits, travel, the latest in tech, gift cards and more!
• Earn 2x Scotia Rewards® points on every $1 you spend on eligible grocery stores, dining, entertainment purchases and daily transit purchases (including buses, subways, taxis and more)
• Enjoy no FX Mark-up
• Enjoy Complimentary Airport Lounge Access, plus 6 free lounge visits per year
• Rates, fees and other information are effective as of Mar 1, 2021. Subject to change.
Scotiabank®* Platinum American Express® Card review
Great reasons to get this Card for your everyday purchases
Reach your goals 4x faster
Earn 4 Scotia Reward points on every $1 you spend at eligible gas stations, grocery stores, on dining and entertainment.
Earn 1 point for every $1 you spend on everything else.
Book travel and redeem easily
Use your Card and book travel through Scotia Rewards Travel Service, our full-service travel agency.
Redeem for travel anywhere, anytime, with no travel restrictions.
Enjoy exclusive benefits
Access to complimentary concierge services, airport lounges, Hertz #1 Club Gold membership, merchandise, rewards and more.
Peace of mind for every trip
Travel with confidence on every trip with our comprehensive travel insurance coverage
HSBC World Elite® Mastercard® Review 2021
Welcome Bonus of 20,000 Points (up to $100 value) PLUS apply by October 3 rd and get an additional 20,000 Points (up $100 value) when you spend $5,000 within 6 months of account opening*, and get a 1st Year annual fee waiver for Primary Cardholder*($149 value), earn 10,000 Points (up to $50 value) for adding your 1st Authorized User*, and receive an additional 20,000 Points (up to $100 value) as an Anniversary Bonus*
This offer is only available to residents of Canada other than the province of Quebec (Quebec residents eligible for separate offer)
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No foreign transaction feesSave on all your foreign currency purchases (even online) with no additional foreign currency conversion charges. Only the exchange rate will apply.
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HSBC World Elite Rewards ProgramEarn 3% in travel rewards on all eligible travel purchases(6 Points per $1) and 1.5% in travel rewards on all other eligible purchases(3 Points per $1).
*Terms and Conditions apply
®/TM Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to licence
Author Bio
Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.
