MasterCard Terms and Conditions

Foreign Exchange Conversion Rate on Credit Cards

Customers are asked to note that Scotiabank has introduced a 1.5% fee in the conversion of foreign currency to local currency, in order to offset the cost from third party providers in exchanging currency and processing the transaction. Customers will therefore notice a small increase in the exchange rate.

Your Scotiabank credit card offers unparalleled convenience and excellent value through our renowned popular rewards programmes. We appreciate your business and thank you for choosing Scotiabank.

MasterCard may at any time revise these terms by updating this document. Please visit this section to review the current terms from time to time.

Terms, conditions and exclusions apply. * Benefits offered by MasterCard®, for details please contact MasterCard LAC Services Help Desk 24 hours a day, 365 days a year at 1-904-636-2576 (or