Terms and Conditions 

  1. Definitions  

The following definitions apply to these Terms and Conditions:  

  •  “Cardholder” means the credit card holder of eligible Scotiabank Aero credit cards  

  • “Scotiabank” and “The Bank” means Scotiabank Trinidad and Tobago Limited, Scotiabank (Bahamas) Limited, Scotiabank Barbados, Scotiabank (Belize), The Bank of Nova Scotia Jamaica Ltd, and Scotiabank (Turks & Caicos) Ltd. 


  1. How to participate  

Scotiabank Aero Visa Platinum Credit Cards, Scotiabank Aero MC Platinum Credit Cards and Aero Business Executive Mastercard Cardholders are being given the opportunity to redeem their Scotiabank Aero Rewards points for cashback/credit made to associated credit card accounts.  

 

The minimum redemption requirement is 500 points. In order to redeem you must have sufficient points in your ScotiaPoints account to cover the full redemption being requested. Points will be redeemed and converted into local currency (see currency table below) and will be credited to the cardholder account immediately after request was processed. 


Currency Table 

Country 

Each Scotia Points converts to: 

Jamaica 

 J$1.48

Trinidad & Tobago 

 TT$.066 

Barbados 

 BB$0.02 

Bahamas 

 BSD$0.01 

Turks & Caicos 

 US$0.01 

 

See the below matrix for an example of possible earnings. 

Points Rewarded 

TT $ Value 

JM $ Value 


BB $ Value 

BS $ Value  

TCI $ Value 

500 

$33 

$740 


$10 

$5 

$5 

10,000 

$660 

$14,800 


$200 

$100 

$100 

20,000 

$1320 

$29,600 


$400 

$200 

$200 

30,000 

$1980 

$44,400


$600 

$300 

$300 

40,000 

$2640 

$59,200


$800 

$400 

$400 

50,000 

$3300 

$74,000 


$1000 

$500 

$500 

 

 

  1. Eligibility  

  • This Cashback Redemption is open to legal residents of the English Caribbean who are Scotiabank AERO Platinum Credit Card Cardholders. These terms and conditions shall be governed by the applicable laws of their country. Eligibility is restricted to Scotiabank Cardholders whose account is in good standing and has not been blocked, frozen, stolen or fraudulently obtained, mislaid, lost or written-off, or delinquent within the past twelve (12) months.  

 

  1. Official rules and regulations  

Minimum redemption 500 ScotiaPoints 

  • You can redeem all your points above the 500 ScotiaPoints threshold.  

  • If you redeemed once and remaining point balance falls below 500 points the minimum threshold will still apply, you will not be able to redeem those points. 

  • Cashback will be credited in local currency.  

  • Credit can only be made to the primary cardholders credit card account.  

  • The request is final and transaction cannot be undone. 

  • Secondary/Supplementary cardholders cannot request or receive Points earned on the account.  

  • Customer is required to make the minimum payment due as indicated in their credit card statement by the payment due date even if the amount of the Cashback Credit from redemption of Scotia Points is sufficient to cover the minimum payment due or the entire outstanding balance of the Card Account. Even though minimum payment is required full cashback credit is available for use and may even result in a credit balance towards future purchases.  

  • ScotiaPoints will be deducted for any returns, credits or chargebacks made for previously billed Qualifying Purchases and in respect of which ScotiaPoints were previously awarded. Should the number of ScotiaPoints to be deducted in respect of such returns, credits or chargebacks exceed your available ScotiaPoints balances, cashback redemption requested may be delayed or cancelled. If request was fulfilled which resulted in negative ScotiaPoints balance, ScotiaPoints awarded in respect of subsequent Qualifying Purchases will be applied to reduce the negative balance in your ScotiaPoints Account. If customer request to close card prior to accumulating sufficient ScotiaPoints to cover negative ScotiaPoints balance then the cash back amount associated with the outstanding balance will be added to the credit card balance. 

  • Requests can be made by: 

  1. Calling the AERO rewards number assigned to your respective country.  

  • Trinidad: Call (868) 627-2684  

  • Jamaica: Call Toll Free Jamaica 1-888-4SCOTIA (726842) or Local in Jamaica 876-960-2675 

  • Bahamas: Call (242) 356-1697  

  • Barbados: Call (246) 426-7000  

  • Turks & Caicos: Call (246) 426-7000  

  1. Emailing AERO Rewards at aeroteam@aerorewards.net