Digital Balance Transfer

The following definitions apply to these Terms and Conditions:

• “Benefit” means the low-rate credit card offer under this Promotion.
• “Cardholder” means the Primary Credit Card holder.
• “Low-Rate Credit Card Balance Transfers” refers to the low interest rate Balance Transfer offered to credit card customers in this Promotion.
• “Annual Percentage Rate (APR)” refers to the annual interest rate applied to any outstanding balance on your credit card account.
• “Effective Annual Interest Rate (EAIR)” refers to the annual interest rate that is adjusted for compounding. 
• “Promotion” refers to this promotion and not any of the Bank’s other promotions or programs.
• “Scotiabank” or “Bank” means Scotiabank Turks and Caicos Ltd.

1. This promotional offer is open to legal residents of Turks and Caicos 18 years of age or older, and are governed by the laws of Turks and Caicos .
2. This is a limited-time Promotion which will run from the first date of the month and will end on the last day of the month that the offer is communicated via email, Scotia Online and Scotiabank Mobile Banking.
3. Credit Card Balance Transfer Transactions using the Scotia Online or Scotia Mobile platforms will receive a low interest rate of 9.99% (hereafter referred to as the “Promotional Interest Rate Offer”).  These Primary credit card accounts must be in good standing and must not be blocked, frozen, written off, or delinquent for two (2) or more cycles within the past twelve (12) months, and the credit card must not be stolen, fraudulently obtained, mislaid or lost.
4. This special Promotional Interest Rate Offer is subject to credit availability, and the Terms and Conditions contained in your Cardholder Agreement.
5. Low rate credit card transfers can only be done in the currency the credit card is issued in with a minimum amount of $200.  If we accept a transfer above your limit, you may be subject to an overlimit fee. 
6. Should your credit card account have a promotional interest rate and you do not make your monthly minimum payment by the due date, you will lose this promotional interest rate offer and the standard annual interest rate will apply.
7. These low-rate credit card Online/Mobile balance transfers are treated as cash advances.  They do not qualify for any reward or rebate programs. Cash advance fees and any associated taxes will be waived for this promotion.
8. Your payment will be first applied to any unpaid interest, followed by the annual fee and then to any promotional/low-rate balances as follows: promotional unpaid interest, billed promotional balances (balances which appeared on the most recent statement), then unbilled promotional balances. Payments are then applied to fees and charges, then billed cash advances and purchases, followed by unbilled cash advance and purchase transactions. 
9. This Promotional Interest Rate Offer applies to eligible transactions for 6 billing cycles following the posting of the first promotional transaction, or until the balance is paid off in full – whichever comes first. 
10. Transactions will appear on your monthly statement as BALANCE TRANSFER.
11. These low-rate credit card Online or Mobile digital balance transfers are the only way to access this Promotional Interest Rate Offer.  The low rate in this Promotion does not apply to purchases or cash advance transactions made with your Scotiabank Credit Card.
12. A Cardholder’s benefit earned through participation in this Promotion will be forfeited in the event that the Cardholder ceases to be a Cardholder at any time during the Promotion or a transaction(s) on the credit card is reversed.
13.  In all matters relating to the Promotion, the decision of the Bank shall be final and binding in all respects.
14. Scotiabank has the right to exclude any individual from this offer in its absolute discretion without any obligation to provide notice or reason.
15. Scotiabank reserves the right in its absolute discretion to vary the terms and conditions of this Promotion or change or withdraw this Promotion at any time without giving any reason. In the event of a dispute arising from this Promotional offer, the Bank’s decision is final.
16. These terms and conditions apply only to this Promotion and do not apply to any of the Bank’s other promotions or programs or any other promotion or program in conjunction with the Bank and any other entity (or brand). This Promotion cannot be combined with any other offer or promotion.
17. By clicking on any of the buttons that appear in the digital offer “Balance Transfer” through Scotia Online or Scotia Mobile, the primary Cardholder agrees to the terms and conditions of this digital offer.
18. The Primary Cardholder must have accepted the digital balance transfer offer through Scotia Online or Scotia Mobile.

™Trademark of The Bank of Nova Scotia, used under license ®MasterCard is a registered trademark of MasterCard International Incorporated.

® VISA is a registered trademark of VISA International Service Association

American Express® is a registered trademark of American Express. This card is issued by Scotiabank pursuant to a license from American Express.