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Scotiabank adds a $40 card-fee rebate for Preferred Package clients

As of June 22, Preferred Package account holders can get a $40 annual fee rebate on one eligible Scotiabank credit card, starting at their next card anniversary.

PERSONAL FINANCE·Canada·Jun 2026·source: Scotiabank

If you already bank with Scotiabank on a Preferred Package, this quietly lowers the cost of carrying one of their cards. The $40 rebate lands on one eligible card where you are the primary cardholder, kicking in on the first anniversary after June 22. The catch worth knowing is the condition attached: you generally need at least $15,000 in qualifying purchases on that card over the prior twelve months, so it rewards steady everyday use rather than a card you rarely touch.

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