Canadian credit card comparison
Credit cards in Canada: CIBC Classic Visa vs Scotiabank Scene+
We compare two cards from different Canadian issuers by annual fee, purchase interest, cash advance costs, minimum payment and rewards.
Figures are checked manually each month. Current issuer documents remain authoritative.
| Feature | CIBCClassic Visa Card | ScotiabankScene+ Visa Card |
|---|---|---|
| Product type | Credit card | Rewards credit card |
| Currency | CAD | CAD |
| Credit limit | Minimum credit limit applies; exact limit is individualSource: CIBC: Classic Visa Card | Not stated on the comparison pageSource: Scotiabank: no annual fee cards |
| Purchase interest rate | See current CIBC annual interest and fee summarySource: CIBC: annual interest rates and fees | 21.99% purchases; 22.99% cash advancesSource: Scotiabank: no annual fee cards |
| Interest-free period | According to statement and card agreementSource: CIBC: Classic Visa Card | According to statement and card agreementSource: Scotiabank: no annual fee cards |
| Minimum payment | According to CIBC payment formula and statementSource: CIBC: annual interest rates and fees | According to statement and agreementSource: Scotiabank: credit card fees |
| Monthly fee | Not statedSource: CIBC: annual interest rates and fees | Not statedSource: Scotiabank: credit card fees |
| Annual fee | $0 in the published summarySource: CIBC: annual interest rates and fees | $0Source: Scotiabank: no annual fee cards |
| Cash advance | See current fee summarySource: CIBC: annual interest rates and fees | Greater of $5 or 1% of transaction at Canadian ATMs under current fee scheduleSource: Scotiabank: credit card fees |
| Balance transfer | See current fee summarySource: CIBC: annual interest rates and fees | Greater of $5 or 1% of balance transferSource: Scotiabank: credit card fees |
| Rewards / points | Not statedSource: CIBC: Classic Visa Card | Scene+ points on eligible purchasesSource: Scotiabank: no annual fee cards |
| Insurance and benefits | Not statedSource: CIBC: Classic Visa Card | Not statedSource: Scotiabank: no annual fee cards |
| Basic requirements | Approval subject to CIBC credit assessment. | Approval subject to Scotiabank credit assessment. |
| Availability | Canada; CIBC offer. | Canada; Scotiabank offer. |
Recommendation by use case
CIBC Classic Visa may suit someone looking for a card with no primary annual fee according to the published summary. Scotiabank Scene+ Visa may suit someone who values Scene+ points and no annual fee. Rates and approval depend on the card agreement and applicant.
Our methodology
- We use official issuer pages and annual interest and fee summaries.
- Rates and fees are dated and may change; current issuer disclosures prevail.
- Unpublished figures are shown as not stated, without estimates.
- Recommendations are independent of remuneration and no affiliate links are used.
More information
Frequently asked questions
What should I compare on a Canadian credit card?
Compare annual fee, purchase and cash advance interest rates, minimum payment, balance transfer fee, foreign exchange fee and rewards conditions.
Does Scotiabank Scene+ Visa have an annual fee?
Scotiabank lists a $0 annual fee, 21.99% purchase interest and 22.99% cash advance interest for the Scene+ Visa card on its no-annual-fee page.
Does CIBC Classic Visa have an annual fee?
CIBC’s published annual interest and fee summary lists no annual fee for the Classic Visa product; verify the current summary and card agreement.
Official sources
CIBC — Classic Visa Card
Reviewed: 2026-07-23
- CIBC: Classic Visa Card — product features and minimum limit
- CIBC: annual interest rates and fees — official rates, fees and minimum payment
Scotiabank — Scene+ Visa Card
Reviewed: 2026-07-23
- Scotiabank: no annual fee cards — annual fee, rates and Scene+ rewards
- Scotiabank: credit card fees — cash advance, transfer and foreign transaction fees
Important information
This page is an editorial comparison, not a credit offer or financial advice.
Rates, fees, limits and approval depend on the issuer and individual assessment.