No foreign transaction fees
Most Canadian credit cards charge a foreign transaction fee of 2.5% on purchases made in a foreign currency. For a business spending $10,000 per month on cross-border suppliers, SaaS subscriptions, travel, or U.S. vendor payments, that is $3,000 in fees per year. The Passport Visa Infinite Business waives this fee entirely.
The savings scale directly with foreign-currency spend volume. At $179 per year, the annual fee is recovered at roughly $7,200 in annual foreign-currency purchases (2.5% FX savings = $180). Every dollar above that is net savings compared to a card that charges the standard fee.
Earn rates
The card earns Scene+ points at two tiers. Groceries, dining, entertainment, and transit earn at twice the base rate. Everything else earns 1x. For a business, the most applicable elevated categories are likely dining and transit.
| Spending category | Earn rate |
|---|---|
| Grocery stores | 2x Scene+ |
| Dining and restaurants | 2x Scene+ |
| Entertainment | 2x Scene+ |
| Daily transit and rideshare | 2x Scene+ |
| Everything else | 1x Scene+ |
What your monthly spend earns
| Category | Monthly spend | Rate | Monthly pts |
|---|---|---|---|
| Groceries, dining, entertainment, transit | $875 | 2x | 1,750 |
| All other spending | $1,625 | 1x | 1,625 |
| Total | $2,500 | 3,375 pts |
40,500 Scene+ points per year from card spend. At a typical redemption value of ~1 cent per point, that is approximately $405 in value annually. Net of the $179 annual fee (before FX savings): ~$226.
Benefits
| Benefit | Details |
|---|---|
| No foreign transaction fees | No 2.5% fee on purchases made in a foreign currency. Applies to all transactions, including online purchases billed in USD or other currencies. |
| Airport lounge passes | Complimentary airport lounge passes included annually. Verify current number and eligible lounges directly with Scotiabank, as terms may change. |
| Visa Infinite Business benefits | Access to Visa Infinite Business program benefits including travel and lifestyle perks. |
| Scene+ redemptions | Points redeem against travel, entertainment, dining, and more through the Scene+ program. |
Travel insurance
- Emergency travel medical
- Trip cancellation and interruption
- Flight and trip delay
- Baggage delay and loss
- Car rental collision and damage
- Common carrier accident
Coverage limits and eligibility conditions apply. Review the certificate of insurance and verify current coverage directly with Scotiabank before travel.
Good fit if
- Your business regularly pays in foreign currencies — U.S. suppliers, SaaS subscriptions, international travel bookings — where eliminating the 2.5% FX fee directly reduces operating costs.
- You want a business card without a complex earn structure: no category caps, no program transfers required, no airline affiliation.
- You already accumulate Scene+ points personally and want to consolidate business spend into the same program.
Less useful if
- Your business spends almost entirely in Canadian dollars — the no-FX-fee advantage disappears, and the earn rate is not competitive with category-optimized business cards.
- You fly Air Canada regularly and want Aeroplan points — a co-branded Aeroplan business card earns more effectively toward Air Canada redemptions.
- You want lounge access or airline status benefits — this card is a no-FX-fee and earn product, not a premium travel benefits card.