SOURCE: Scotiabank

Scotiabank

SOURCE: GM Canada

GM Canada

September 10, 2015 07:00 ET

Scotiabank and General Motors of Canada Partner to Help Canadians Earn Their Next Vehicle

Introducing the New Scotiabank® GM®* VISA* Cards; Cardholders Can Now Earn up to 5% in GM Earnings on Everyday Purchases

TORONTO, ON--(Marketwired - September 10, 2015) - Today, Scotiabank and General Motors of Canada have launched the new Scotiabank® GM®* VISA* Cards, marking the expansion of a strategic partnership with a suite of credit cards designed to put customers in the driver's seat of their choice of a Chevrolet, Buick, GMC or Cadillac.

"Scotiabank is proud to offer our customers some of the richest credit card rewards in the Canadian marketplace and today's launch continues to set us apart," said James O'Sullivan, Group Head of Canadian Banking at Scotiabank. "The new Scotiabank GM VISA Cards are another opportunity to provide our customers with unique reward offerings and get Canadians even closer to the purchase of their first car, family car or dream car."

"GM Canada is excited to bring the new Scotiabank GM Visa Card to Canadians and enable them to earn their way far more quickly to one of the most important purchases in their lives," said Stephen Carlisle, President and Managing Director, General Motors of Canada. "With the Scotiabank GM Visa in their pocket, our customers will be several steps closer to owning their next new Chevrolet, Buick, GMC or Cadillac -- they could even earn enough points to cover their next vehicle purchase outright."

Easy to Earn
With the new Scotiabank® GM®* VISA* Card, customers can earn 5% in GM Earnings on the first $5,000 of net purchases annually, and 2% thereafter with no limits on earnings and no annual fee.

With the new Scotiabank® GM®* VISA* Infinite Card, customers can earn 5% in GM Earnings on the first $10,000 of net purchases annually, and 2% thereafter with no limits on earnings for a low annual fee of $79.

Customers can track their earnings at www.gmcard.ca and through their monthly statement.

Easy to Redeem
GM Earnings have no redemption limits and never expire for cardholders. One GM Earning dollar is equal to one dollar toward the purchase price or lease down payment of any eligible new Chevrolet, Buick, GMC or Cadillac. Customers can redeem GM Earnings anytime, and have the ability to combine with any in-market offers.

Visit www.scotiabank.com/gmcard or www.gmcard.ca for more information.

About GM Canada
Headquartered in Oshawa, Ontario, General Motors of Canada Limited (GMCL) employs more than 9,000 people across the country and is a recognized leader in green manufacturing. GMCL markets the full range of fuel-efficient Chevrolet, Buick, GMC and Cadillac vehicles and related services through Canada's largest automotive dealer network. More information regarding GMCL models can be found at www.gm.ca, or by following @GMCanada on Twitter.

About Scotiabank
Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. We are dedicated to helping our 21 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 87,000 employees and assets of $863 billion (as at July 31, 2015), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). Scotiabank distributes the Bank's media releases using Marketwired. For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankNews.

About Visa
Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. It operates one of the world's most advanced processing networks -- VisaNet -- that is capable of handling more than 56,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa's innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit corporate.visa.com and @VisaNewsCA.
*Visa is a trademark of Visa Int., and used under license.

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