Sign up & start saving!
Our monthly newsletter is launching soon with the latest in money news, credit card offers + more ways to save
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Finder Award
Scotiabank Gold American Express Card Review
Get a hard-to-beat return on your everyday purchases with the Scotiabank Gold American Express Card.
Earn up to 45,000 bonus Scene+ points in your first year (that's up to $450 towards travel). Apply by July 4, 2022.
No reviews yet.
Write a review
45,000 points
Welcome Offer
$120
Annual Fee
Up to 5 points per $1 spent
Rewards
Details
| Rewards | Earn 5 Scene+ points per $1 spent on eligible grocery, dining and entertainment purchases, 3 Scene+points per $1 spent on eligible gas, transportation and select streaming services, and 1 Scene+ point per $1 spent on eligible purchases elsewhere. |
|---|---|
| Welcome Offer | Earn up to 45,000 bonus Scene+ points in your first year (that's up to $450 towards travel). Apply by July 4, 2022. |
| Purchase Interest Rate | 19.99% |
| Cash Advance Rate | 22.99% |
| Balance Transfer Rate | 22.99% |
| Interest Free Period | Up to 21 days |
| Apply now More Info |
30-second take
- Get this card if you want a top return on rewards points alongside no foreign transaction fees and comprehensive travel insurance coverage.
- Choose something else if you’re looking for a cash back program or don’t want to pay an annual fee.
- You must have a minimum annual income of $12,000 to qualify for this card.
The basics
If you want to earn rewards points up to 5x faster, then the Scotiabank Gold American Express Card might be the right fit for you. It’s one of the rare cards that comes with no foreign transaction fees, saving you 2.5% each time you use your card overseas or online with an international retailer.
Earn 5 Scene+ points per $1 spent on eligible grocery, dining and entertainment purchases, 3 Scene+points per $1 spent on eligible gas, transportation and select streaming services, and 1 Scene+ point per $1 spent on eligible purchases elsewhere.You can also use your card to book travel through Scotia Rewards Travel Service, a full-service travel agency, and redeem your points on exclusive offers on travel packages as well as take advantage on hard-to-beat complimentary travel insurance.
Beyond travel rewards
If you don’t plan to travel in the near future but you want to redeem your rewards, you can also choose from a wide selection of merchandise and gifts offered by Scene+. If you’re feeling particularly generous, you can even donate your points to charity.
The perks
- Welcome bonus. Earn up to 45,000 bonus Scene+ points in your first year (that's up to $450 towards travel). Apply by July 4, 2022.
- High return on points. Earn 5 Scene+ points per $1 spent on eligible grocery, dining and entertainment purchases, 3 Scene+points per $1 spent on eligible gas, transportation and select streaming services, and 1 Scene+ point per $1 spent on eligible purchases elsewhere.
- No foreign transaction fees. Pay no foreign transaction fees every time you use your card overseas or online with an international retailer.
- Travel perks. Book and redeem any flight for any time through Scotia Rewards Travel Service, a full-service travel agency. Plus, take advantage of the Best Price Guarantee on airfare.
- World class service. Contact customer service 24/7 to report issues with your account and troubleshoot problems by speaking directly to an agent.
Comprehensive Insurance Package
The Scotiabank Gold American Express Card also offers extended purchase and travel insurance:
- Purchase security and extended warranty insurance. Get extended warranty and insurance coverage to cover theft, loss or damage on most items purchased with your card. Covered in the first 90 days from date of purchase.
- Purchase protection. With Scotiabank’s price protection service, you will get covered for up to $100 per claim or up to $500 per year when you charge your card on eligible purchase in Canada and spot the same item with a lower price within 60 days.
- Travel insurance. Make use of a wide suite of travel insurance to cover car rentals, flight cancellations/interruptions, baggage delays or lost luggage, hotel burglaries and other incidentals. This comes on top of $1,000,000 in Travel Emergency Medical Insurance and $500,000 in travel accident insurance.
What to watch out for
- Annual fee. The annual fee for this card is $120, with an additional $29 charge for supplementary cards.
- Not as widely accepted overseas. The Scotiabank Gold American Express Card may not be accepted in as many locations as Visa and Mastercard branded cards.
What do other customers say?
Many customers enjoy the flexibility of Scene+ points, which can be exchanged for travel, merchandise, SCENE points and more. Many cardholders are very appreciative of the 5x return per dollar on points with this card, although some would prefer to pay no annual fee in exchange for less points. Many are also pleased with the comprehensive insurance package offered through this card. One limitation of the Scotiabank Gold American Express Card is that customers can’t use American Express cards as easily overseas.
What should I know before I apply
How to apply
- Click Go to site on this page to be securely directed to your Scotiabank Gold American Express Card application.
- Read through the Disclosure Statement details and click Accept & Continue.
- Complete the application with details that include your name, email address, social insurance number and birth date.
- Review and submit your application.
Bottom line
The Scotiabank Gold American Express Card offers a full suite of perks and benefits for a $120 annual fee. Plus, get comprehensive purchase and travel insurance and avoid paying foreign transaction fees.
If you’re looking for a fee-free card with similar benefits, you might like to check out the Scotiabank Gold American Express Card. If you want a more targeted travel rewards program, you can look into the ScotiaGold Passport Visa Card.
Frequently asked questions about the Scotiabank Gold American Express Card
Pictures: scotiabank.com/ca
