Scotiabank recently launched the Scotiabank/AAdvantage(r) MasterCard card, the only credit card in St. Vincent that lets cardholders earn AAdvantage miles on local or international purchases.

“We are always looking for ways to provide improved benefits to our customers,” said Bruce Sali, Country Manager, Scotiabank St. Vincent. {{more}} “This partnership with American Airlines and the AAdvantage programme ensures that our cardholders who are on the go can earn travel rewards without ever leaving the ground.”

Cardholders earn one AAdvantage mile for every U.S. dollar – or local currency equivalent – they spend. The Scotiabank/AAdvantage(r) MasterCard credit card is also available exclusively in Anguilla, Antigua, Barbados, the Cayman Islands, Dominica, the British Virgin Islands, Grenada, St. Kitts and St. Lucia.

As a special offer during the launch, customers will receive 5000 AAdvantage bonus miles if they make their first purchase on their Scotiabank/ AAdvantage(r) MasterCard credit card by April 30, 2005. The new Scotiabank/AAdvantage(r) MasterCard credit card is available through any local Scotiabank branch.

“With AAdvantage miles accumulating with every single purchase on this card,” added Sali, “we think it will be extremely popular addition to our suite of credit cards. Now there’s even more reason to be a Scotiabank credit cardholder.”

The American Airlines AAdvantage programme, which began in 1981, is the original and largest travel awards programme today, with more than 48 million members. Members currently can earn miles with more than 1,500 participating companies. In addition, each year for the past decade, the AAdvantage programme has led the industry in award redemptions.

In 2003, members used approximately 122 billion miles to claim more than four million awards to over 850 AAdvantage programme award destinations worldwide. For more information and a listing of AAdvantage programme participating companies, visit http://www.aa.com/aadvantage.

Scotiabank is one of North America’s premier financial institutions and Canada’s most international bank. With approximately 48,000 employees, Scotiabank Group and its affiliates serve about 10 million customers in some 50 countries around the world.

Scotiabank offers a diverse range of products and services including personal, commercial, corporate and investment banking. With US$229 billion in assets (as at October 31, 2004), Scotiabank trades on the Toronto (BNS) and New York (BNS) Stock Exchanges.