What happens if I miss a payment to my credit account?

If you don’t make at least the minimum payment to your credit account by the payment due date, the interest rate on your credit card may go up and your credit score may be affected.

If you’d like to set up automatic payments to your credit card to help avoid missing a payment, you have a few options:

  • Set up AutoPay for your Scotiabank credit account
  • Set up a recurring bill payment to your credit account
  • Set up a recurring transfer to your credit account

Scotia advisors are available in every branch to help you understand, plan, and execute the right financial plan. If you’d like to speak to a Scotia advisor about managing debt, give us a call at 1-866-698-59271-866-698-5927.

Last updated March 23, 2021