Scotiabank® Gold American Express® Card

Scotiabank® Gold American Express® Card

The Best American Express Credit Card in Canada with no foreign transaction fee. Earn up to 5 points per dollar on everyday purchases.

Take advantage of this limited-time welcome offer!

Welcome Bonus

up to 40,000 points Ends Aug 31, 2021



Best For

Annual Fee


Purchase Rates

19.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates

19.99 %

Our Review

This credit card is the Best American Express credit card in Canada with no FX fee.

For a limited time, you can earn up to 40,000 welcome bonus points worth $400.

With this Card you can earn:

  • 5 points per dollar on grocery, dining, food delivery and entertainment purchases
  • 3 points per dollar on gas, transit and streaming services purchases
  • 1 point per dollar for all other purchases

An great way to quickly earn points is to buy gift cards at your grocery store for many stores to get 5x the points (Walmart, Ikea, SAQ, etc).

You can then use your points in many ways:

  • Statement credit for travel purchases
  • Statement credit for all purchases

Finally, you are covered with reliable insurance for your travels and purchases.

To apply for this card, you only need a $12,000 income.


  • Earn up to 40,000 bonus Scotia Rewards points in your first year (that’s up to $400 towards travel)1
  • Enjoy no FX Mark-up
  • Earn 5 Scotia Rewards points for every $1 you spend at eligible grocery stores, dining and entertainment
  • Earn 3 Scotia Rewards points for every $1 you spend at eligible gas stations, daily transit, and select streaming services
  • Earn 1 point for every $1 you spend on all other eligible everyday purchases
  • Complimentary Concierge Services 24/7
  • Amex exclusive benefits (Front Of The Line)
  • Rates, fees, offers and other information are effective as of Mar 1, 2021. Subject to change.



Fees & Conditions

Personal Income $12,000
Household Income $12,000
Annual Fee $120
First Additional Card $29
Other Additional Card $50
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 19.99%


Offer ends on Aug 31, 2021
Welcome Bonus up to 40,000 points
Minimum Spending Required $1,000
Minimum Spending Timeframe 90 day(s)
Rewards Type Travel points
Transferable Points
Transfer Partners Scotia Rewards
Loyalty Program Scotia Rewards
All Spending 1
Travel 1
Local Transport 3
Dining and Food delivery 5
Groceries 5
Convenience Stores 1
Gas 3
Drugstores 1
Office Supplies 1
Telecom/Internet 1
Entertainment 5
Recurring Payments 1



For all the credit card offers, we estimate the first year Offer Value according to:

  • Value of the Cashback or Points earned with the Offer
  • Value of the Benefits or travel credits earned with the Offer
  • Annual fee offer (first-year rebate or not)


Offer Value calculation
for the first-year
Point Value (according to milesopedia) 1.0 ¢
Welcome Offer Value up to $400
Points earned with minimum purchases to get the Welcome Offer
(1 to 5 points per dollar)
up to $375
Annual fee $120
Estimated Value ≈ $655



Common Carrier Travel Accident Insurance Amount $500,000
Flight Delay Insurance Amount $500
Delayed Baggage Amount $1,000
Lost/Stolen Baggage Insurance Amount $1,000
Trip Cancellation Insurance Amount Per Person $1,500
Trip Interruption Insurance Amount Per Person $1,500
Travel medical insurance up to 64 years old
Travel medical insurance up to 64 years old - Duration 25 day(s)
Auto Rental Loss/Insurance - Amount MSPP $65,000
Hotel/Motel Burglary Insurance - Amount $1,000
Purchase Protection - Amount $500
Purchase Protection - Duration 90 day(s)
Medical Travel Insurance
Extended Warranty
Extended Warranty - Duration 1 year(s)
Insurance Document Learn More