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.

Get up to 40,000 bonus points and the first year free with this offer!

Welcome Bonus

Up to 40,000 points Ends Feb 28, 2022

Best For

Value
Year 1

$1101

Years 2 and +

$461

Annual Fee

$120

First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates

19.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates

19.99 %

Your Monthly Spending

Offer

Offer
  • Earn up to 40,000 bonus Scene+ points in your first year(that’s up to $400 towards travel).1
  • Plus, no annual fee in the first year, including on supplementary cards11 and get a 0.00% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $120) (1% balance transfer fee).1.
  • Earn 5X Scene+ points for every $1 CAD spent on eligible grocery stores, restaurants, fast food, and drinking establishments.
  • Earn 5X Scene+ points for every $1 CAD spent on eligible entertainment purchases.
  • Earn 3X Scene+ points for every $1 CAD spent on eligible gas and daily transit.
  • Earn 3X Scene+ points for every $1 CAD spent on eligible select streaming services.
  • Earn 1X Scene+ point for every $1 spent on every other purchase.
  • Enjoy no FX Mark-up
  • Complimentary Concierge Services 24/7
  • Amex exclusive benefits (Front Of The Line)

Card Awards

Best Amex travel credit card with no conversion fee
Best Amex travel credit card for gas and transportation

Fees & Conditions

Personal Income $12,000
Household Income $12,000
Annual Fee $120
First Year Annual Fee Rebate
First Additional Card $29
Other Additional Card $50
Foreign Transaction Fee 0.00%
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 19.99%

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP lounges
First Year Annual Fee Rebate
-
First-Year Offer Value
Accumulated rewards
Annual fee
Net value
Value

Reward points value

We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.

First-year value

For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:

  • Grocery
  • Gas/Transit
  • Meals
  • Travel
  • Bills
  • Other purchases

First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards First-Year Annual Fee

Value of subsequent years

For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.

Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) Annual fee

VIP lounges:

For credit cards with complimentary airport lounge access, this benefit is calculated as follows:

  • 1 access = $40
  • Unlimited access = $400 (the value of 10 annual visits)

Advantages

Offer ends on Feb 28, 2022
Welcome Bonus up to 40,000 points
Minimum Spending Required $1,000
Minimum Spending Timeframe 90 day(s)
Transferable Points
Rewards Type Travel points
Transfer Partners Scene+
Loyalty Program Scene+
Concierge

Earnings

All Spending 1 point
Drugstores 1 point
Groceries 5 points
Convenience Stores 1 point
Gas 3 points
Telecom/Internet 1 point
Local Transport 3 points
Streaming services 3 points
Dining and Food delivery 5 points
Online transactions 1 point
Recurring Payments 1 point
Office Supplies 1 point
Travel 1 point
Entertainment 5 points

Insurance

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)
Travel Medical Insurance
Extended Warranty
Extended Warranty - Duration 1 year
Insurance Document Learn More
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