What the Card Offers
Scotiabank markets the Home Hardware PRO Visa Business for contractors and trades: no annual fee for any card, a variable rate tied to Scotiabank Prime, credit limits up to $500,000 secured, Scene+ points on Home Hardware purchases, fuel savings at Shell, and SelectPay installment plans.
- $0
No annual fee, including employee cards1
No annual fee for the primary card, co-borrowers or any supplementary cards.
- Prime+
Variable rate tied to Scotiabank Prime2
Purchases and cash advances are charged Scotiabank Prime plus 4.99% to 10.99%, depending on whether the account is secured.
- $500,000
High credit limits3
Credit limits from $5,000, up to $150,000 unsecured or $500,000 secured.
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- 1x
Scene+ points at Home Hardware4
1 Scene+ point per $1 at Home Hardware, Home Building Centre and Home Hardware Building Centre stores and online.
- 15,000
Welcome points5
15,000 Scene+ points after $1,500 in Home Hardware purchases in your first 3 months.
Benefits as advertised by the issuer. The conditions attached to them are in the Fine Print Report below.
Welcome offers change often, and issuers sometimes run limited-time or targeted offers that differ from what's shown here. Confirm the current offer on the issuer's page before you apply.
Sources (5)
- Scotia Home Hardware PRO Visa Business Card product page, footnote 1, Rates and Fees (retrieved 2026-11-01)
- Scotia Home Hardware PRO Visa Business Card product page, footnote 3 (retrieved 2026-11-01)
- Scotia Home Hardware PRO Visa Business Card product page, footnote 4 (retrieved 2026-11-01)
- Scotia Home Hardware PRO Visa Business Card product page, footnote 6 (retrieved 2026-11-01)
- Scotia Home Hardware PRO Visa Business Card product page, footnote 1 (retrieved 2026-11-01)
Points & Redemption
Show 4 more options (shopping, statement credit)Show fewer
Rates: Scene+ Program Terms and Conditions (effective April 22, 2026) (Scene+ Travel, Empire and Shell terms); Scotiabank Gold American Express product page, Redeem examples (retrieved 2026-10-16). The CardTruth estimate is our own valuation, not a rate stated in the terms. It assumes the redemption described above; most other options return less.
Where It Earns
Among the 55 stores and brands in CardTruth's merchant lookup:
- ≈1%1x points
Where it doesn't earn more (10)Hide
Online only: Amazon.ca, Costco, Crave, Disney+, Netflix, SkipTheDishes, Spotify, Uber (rides), Uber Eats take Visa online but not in store.
Not accepted: Costco Gas don't take Visa.
The Fine Print Report
Low fine print for a store-linked credit line; the main limit is that it earns nothing outside Home Hardware.
Earns only at Home HardwareImpact level: High
Points are earned only at Home Hardware; everything else earns nothing
Scene+ points are awarded only on purchases at eligible Home Hardware, Home Building Centre and Home Hardware Building Centre locations in Canada and at homehardware.ca. The list of eligible locations can change without notice. Purchases at any other merchant earn no rewards.
Why it matters: Used for general business spending, this is a no-rewards card.
Rate set by security; mark-up can changeImpact level: Medium
The rate depends on security you provide, and Scotiabank can change the adjustment factor
The rate is Scotiabank Prime plus an adjustment factor of 4.99% to 10.99%, depending on whether the account is secured or unsecured. It moves with Prime, and Scotiabank may change the adjustment factor with prior notice.
Why it matters: An unsecured account likely gets the higher end of the range.
2 missed payments: rate +5%Impact level: Medium
Two missed payments in 12 months add 5% to your rate for a year
If Scotiabank doesn't receive your minimum payment by the due date 2 or more times in any 12-month period, your rates rise to standard rates 5% higher, until you make 12 consecutive minimum payments on time.
Why it matters: On a card meant for carrying balances, two late payments cost 5 points of interest for at least a year.
Borrowers liable for all employee cardsImpact level: Medium
The primary borrower and any co-borrower are liable for every card on the account
The primary borrower and co-borrower are liable for all charges on the account by any supplementary card. Supplementary cards are renewed and replaced automatically until you or Scotiabank cancel them.
Why it matters: Cancel cards for employees who leave; you remain liable for what they charge.
2.5% FX fee, also charged on refundsImpact level: Low
2.5% foreign currency mark-up on purchases and on refunds
Foreign currency transactions are converted at Visa's rate plus a 2.5% mark-up, which applies to both debit and credit transactions.
Why it matters: A refunded foreign purchase can cost the mark-up twice.
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Purchase cover: $10,000 per claimImpact level: Low
Purchase protection pays at most $10,000 per claim
Purchase security and extended warranty pay up to $10,000 per claim occurrence and $60,000 over the card's lifetime, and only on items paid in full with the card.
Why it matters: Large tool or equipment purchases are only partly covered.
Who This Card Is For
Great fit if you...
- Buy most supplies at Home Hardware
- Carry a balance on a large credit line
- Need many free employee cards
Consider alternatives if you...
- Want rewards on general spending
- Need travel insurance
- Sometimes pay late
Welcome Bonus History
Scotia Home Hardware PRO Welcome Bonus History
Welcome offers change often, and issuers sometimes run limited-time or targeted offers that differ from what's shown here. Confirm the current offer on the issuer's page before you apply.
The Verdict
The Scotia Home Hardware PRO Visa Business is a no-fee, Prime-based credit line for trades and contractors, with limits up to $500,000 secured and Scene+ points on Home Hardware purchases.
The fine print narrows it: points are earned only at Home Hardware, the rate depends on security and its adjustment can change, two missed payments add 5% for a year, and the borrowers are liable for every employee card.
The Recommendation: Best for contractors who buy most of their supplies at Home Hardware and want a large, low-rate line of credit on a card. For rewards on general business spending, a cash back business card earns more.
Before you apply: This teardown is general information, not financial, legal or insurance advice, and reflects the issuer's documents as of November 2026. Terms, rates, fees and offers change, and the issuer's own agreement, disclosure statement, insurance certificates and program terms are what govern your card. Read them in full and confirm details with the issuer before you apply. Full disclaimer