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ScotiaBank Learn VISA card credit card reviews

ScotiaBank Learn VISA card credit card details and credit card application link.

The Scotiabanks L'earn™ VISA card is a financial product intended for students who would like to get money back and enjoy no annual fee. This product goes with an interest rate of 18.59 percent, grace period of 21 or more days, and a minimum credit limit of $500. Keep in mind that annual fees, interest rates, and features are subject to change, and the bank is not required to notify you.

Clients who choose this offer of the Bank of Nova Scotia get 1 percent cash back on purchases charged to the card. The cash back scheme works in the following way: credit card holders get 0.25 percent on the first $500 in purchases, 0.50 percent on the next $500, and 1 percent on any amount over that. The credit card can be used to pay for tuition, books, groceries, utility bills, transportation, and more. Some transactions do not qualify for rewards: Scotia Visa Cheques, cash advances, payments, purchase returns, service/ transaction and interest charges, and card fees.

Additional card features include: optional balance protection in the event of serious health condition, disability, or involuntary unemployment; zero liability policy; instant cash advances at more than 55,000 ATMs (INTERAC symbol) and over one million ATMs with the VISA/ PLUS symbols. The Scotia Visa Cheques can be used to transfer balances from retail and gas cards that charge higher interest rates. In addition, holders can use them to pay for insurance premiums, large purchases, utility bills, or medical bills. Rental car discounts are another benefit, with clients saving 20 percent off at AVIS car rental locations.

Individuals who want to apply for this product have to provide the following information: personal details and contact information, e.g. phone number and address, employment information, monthly housing costs (mortgage payment or monthly rent), gross monthly income, and school information (name of institution, program, etc.) Students who decide to apply with co-signers should choose this option. Finally, a secured Visa credit card is also available for Canadian citizens, foreign students, and landed immigrants.

If you think that the Scotiabank L'earn™ VISA is a great option but prefer to shop around, check the CIBC Classic VISA Card for Students. This product comes with plenty of included features such as extended protection, carrier accident insurance, automatic repair, discounts at AVIS car rental, Balance Protection Insurance, Trip Cancellation Insurance, and Travel Medical Insurance. The credit card of CIBC goes with an interest rate of 19.5 percent on purchases, 21.5 on cash advances, and no annual fee. This product is the ideal solution for full-time students without a lengthy credit history who aim to establish a good credit rating.

The Desjardins VISA® FOR STUDENTS ONLY Credit Card is another option to look at. This credit card is featured with no annual fee, regular interest rate of 19.4 percent, and low interest rate of 11.8 percent. Included features are 3-day travel insurance, Cell Phone Insurance, Travel and Accident Insurance, zero liability policy, ticket reservation service, and up to $2500 in cash advances daily. There is a 21 days grace period, and additional cards come at no added cost. Clients can obtain free online monthly statements of account and insure their account balance for a small fee. Card holders automatically get Accident Insurance free-of-charge over a period of six months.

Credit Card Details
NameScotiaBank Learn VISA card Apply Now
Interest Rate19.99%
Annual Fee$0
Cash BackYes
Low InterestNo
Auto and GasNo
Instant ApprovalNo
Balance TransferNo
US DollarNo
No Annual FeeYes