Has anyone used the Scotia Bank Visa Scene+Points Credit?

[disneyfreak89]

So I've been trying to figure out a way to use my Scene+ points for our trip next year and stumbled across this option from Scotia Bank.
Apparently, if you have a Scotia Bank Visa card you can redeem your Scene+ points to pay off your transactions.
I realize there is likely a foreign exchange fee if I use this card in Disney to buy park tickets, but I think it might still be worth it to us so we can use our Scene+ points!

Has anyone used this points for credit feature for their Scotia Bank purchases? Almost seems to good to be true. Am I missing anything?

 

[deedubb]

Yes, I use my points that way. Before Scotia changed to Scene+, you could use points to get Disney gift cards, but that is no longer available.

I have the Scotia Visa Infinite Passport card which has no foreign exchange fee.

 

[bababear_50]

I have used them. I was depositing all my scene points into my Visa account and then using my Visa account to purchase merchandise .( I also used it to pay my DVC yearly Maintenance fees).
My transactions were in Canada so I' don't know about the foreign exchange fee.

I decided I was getting better dollar value by using them for Hotel stays and have started doing that.
see articles below.

My recent Hotel booking (Expedia) covered all additional fees during the check out process.

Tea/Coffee break read

https://www.ratehub.ca/blog/how-the-scene-rewards-program-works/

https://hardbacon.ca/en/rewards-points/sceneplus/

Hugs Mel

 

[disneyfreak89]

Yes, I use my points that way. Before Scotia changed to Scene+, you could use points to get Disney gift cards, but that is no longer available.

I have the Scotia Visa Infinite Passport card which has no foreign exchange fee.

Aw yes, I remember hearing about the Disney gift cards, that's what made me look into Scotia Bank CC's.

I have used them. I was depositing all my scene points into my Visa account and then using my Visa account to purchase merchandise .( I also used it to pay my DVC yearly Maintenance fees).
My transactions were in Canada so I' don't know about the foreign exchange fee.

I decided I was getting better dollar value by using them for Hotel stays and have started doing that.
see articles below.

My recent Hotel booking (Expedia) covered all additional fees during the check out process.

Tea/Coffee break read

https://www.ratehub.ca/blog/how-the-scene-rewards-program-works/

https://hardbacon.ca/en/rewards-points/sceneplus/

Hugs Mel

Thanks for the added links Mel! I have a couple of questions about using your points to pay off your card.

1) Can you use already accumulated Scene points or does it have to be points you've earned only with your Visa card? I ask because I already accumulated 70,000 Scene points and according to a Scotia Bank video I saw about the points credit system (sorry it won't let me post the link), I already have $500 worth to put towards my credit card balance?!?! Almost sounds too good to be true. Hope I understood that right.

2) Is there a limit how many points you can use to pay off your balance? This could be a deal breaker for me if its a small amount.

 

[bababear_50]

Hi Hon
Edited to add I never earned any points using my VISA.

I actually have never had to pay off any balance owing,,,, because I was always just depositing my points into my Scene+ Visa ... so I had a credit. This is not my main credit card I use all the time,, but the only account associated with Scotia Bank that I have.
My credit card always showed a Credit amount of the balance I deposited.
I had over $800.00 in there at one time.
Hope that makes sense and helps.

 

[bababear_50]

Bit more info from Scene+
Terms
Points for Credit: You can use your Scene+ Points for a credit on participating Scotiabank debit card and credit card accounts that earn Scene+ Points (the “Eligible Scotiabank Scene+ Card Accounts”). Once the request to redeem Points for Credit has been submitted, you cannot cancel the request and no changes can be made. It may take up to 2-3 business days, following a request to redeem Points for Credit, for the credit to appear on the eligible Scotiabank Scene+ debit card account, and up to 5 business days for the credit to appear on the eligible Scotiabank Scene+ credit card account. Your Eligible Scotiabank Scene+ Card Account must be open at the time the credit is applied to the account to receive any Points for Credit.
For credit cards: Points for Credit redemptions will be applied towards the balance of the credit card account, and not towards a particular transaction. Please note that even if you redeem for Points for Credit you are still responsible for making any monthly minimum payment applicable to your eligible Scotiabank Scene+ credit card account by your payment due date.



You will need 71,500 for a 500$ credit

 

[disneyfreak89]

Hi Hon
Edited to add I never earned any points using my VISA.

I actually have never had to pay off any balance owing,,,, because I was always just depositing my points into my Scene+ Visa ... so I had a credit. This is not my main credit card I use all the time,, but the only account associated with Scotia Bank that I have.
My credit card always showed a Credit amount of the balance I deposited.
I had over $800.00 in there at one time.
Hope that makes sense and helps.

Oh ok got it! Thanks for the clarification. So I can have a credit before using the card. Good to know.

You will need 71,500 for a 500$ credit

Right! Thanks. I'm surprised they are worth that much since redeeming them in store for groceries would only be $70, is that correct?

 

[bababear_50]

Hi I just checked on the Scene website
a Multi store gift card looks like this
Log into your Scene+ account and have a look at all the rewards


You would have about $700 dollars in Gift cards.

 

[disneyfreak89]

Hi I just checkedView attachment 798422 on the Scene website
a Multi store gift card looks like this
Log into your Scene+ account and have a look at all the rewards

View attachment 798420
You would have about $700 dollars in Gift cards.

Wow. Ok. So, why is the same 70,000 only worth $70 in store? That's crazy.

 

[bababear_50]

Wow. Ok. So, why is the same 70,000 only worth $70 in store? That's crazy.

No
Every 1,000 Scene+ points is worth 10$.
So if you have 70,000 Scene +Points that = $700 Dollars

In the website go to Grocery
Go to shop stores

 

[disneyfreak89]

Omg. Ok. Duh, I clearly can't do math. LOL Thanks for the clarification.

 

[bababear_50]

Omg. Ok. Duh, I clearly can't do math. LOL Thanks for the clarification.

NP
It took me about a year to figure out the best bang for my buck under the Scene+ points system.
Have fun collecting and spending
best wishes Mel

 

[optstud]

Don’t redeem for credit if you want the best value. Select redeem for rewards and select travel and they will apply it to what they deem as travel expenses. Ie flights, hotels, park tickets, car rentals. You can then get $50 for 5000pts.

 

[troll181]

The Scotiabank Amex scene+ card gives better rewards and has no foreign exchange! If you use it to pay for travel expenses (lodging, car rental park tickets) you can exchange points 1000/$10.