Card Details

Bank Name: Scotiabank
Network Type: VISA
Card Type: Business
MRC Rating My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category.: (4)


Annual Fee: $79
Additional Card Fee: $29
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%


  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Average to Excellent (670-900)

Scotiabank® GM®* Visa* Business Card Review

Welcome Bonus: 2.99% introductory interest rate on balance transfers for the first 6 months. Plus, first year annual fee waived.
Scotiabank® GM®* Visa* Business Card snapshot

Great reasons to get this card for your everyday business purchases

  • Earn 5% in GM Earnings on the first $10,000 spent annually,and 2% on all other everyday business purchases

  • $1in GM Earnings =$1towards your purchase or lease of a new Chevrolet, Buick, GMC, or Cadillac

  • Earnings do not expire as along as you are a cardholder

  • No earning or redemption caps

Scotiabank® GM®* Visa* Business Card Rewards
Scotiabank® GM®* Visa* Business Card Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
Scotiabank® GM®* Visa* Business Card User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 4 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

Scotiabank® GM®* Visa* Business Card FAQs

Other Recommended Credit Cards


Save on car rentals

As a Scotiabank GM Visa Business Cardholder, you can save up to 25% off base rates at participating AVIS locations and at participating Budget locations in Canada and the U.S. when you pay with your Scotiabank GM Visa Business Card.

Visa Business Reporting Service

Manage Visa Business card expenses more efficiently with the Visa Business Reporting service, a web-based subscription service from Visa that allows you to track expenses on your business Scotiabank Visa credit card account and helps you stay on budget.

Business Choice Program from GM

With the GM Business Choice program, you'll have access to options that help offset the cost of getting your new Chevrolet or GMC vehicle work-ready.

Visa SavingsEdge

Turn business purchases into business savings with Visa SavingsEdge. It's free to join.


Editor`s Review:

With a car being an essential albeit expensive purchase for a growing business, the Scotiabank GM Business Visa comes in handy for the entrepreneur seeking to buy or lease a GM car in the near future. At the same time, it offers practical benefits for the pragmatic businessman, including rental car discounts and a decent shopper protection program for a small annual fee that you can waive on the 1st year.

Here are additional advantages that a small business credit card can offer your business to help it grow and be profitable.

Manage business expenses
Earn rewards for your business spend
Build credit for your business
Simplicity of recordkeeping and reporting, especially around tax time
Maintain control over spending

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Author Bio

Mohamed Konate

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.