Scotiabank
Earn up to $1,050 in rewards within your first year with a waived annual fee, up to 50,000 Scene+ points, and competitive interest rates.
Introducing the Scotiabank Gold American Express® Card Offer
The Scotiabank Gold American Express® Card is packed with value, now featuring up to $1,050 in welcome offers and rewards. The headline attraction is no annual fee in your first year. Interest is set at 20.99% for purchases and 22.99% for cash advances. You can earn up to 50,000 Scene+ points by meeting minimum spend requirements. Note that actual rewards will depend on your card usage, and recent Scotiabank credit cardholders are not eligible for the welcome offer.
How To Apply: Step by Step
Start by checking that you meet eligibility criteria—good credit score, Canadian residency, and not a recent cardholder. Visit the Scotiabank credit card application webpage. Complete the application form with your personal and financial details. Provide supporting documents if required. Submit and wait for approval confirmation, typically within a few business days.
Main Advantages
The primary advantage is the up to 50,000 Scene+ points welcome bonus, which can be redeemed for travel, movies, gift cards, and more. Another big plus is the $120 annual fee waived in your first year, maximizing your starting value.
With 6X Scene+ points at select grocery stores and excellent point multipliers for entertainment and dining, this card is ideal for maximizing everyday spending rewards.
Potential Drawbacks
The card’s standard annual fee of $120 resumes after the first year, which might not suit those seeking a true no-fee card long term.
High interest rates on balances mean it’s best for those who pay in full monthly—not ideal for carrying a balance.
Final Verdict
If you are looking for a premium rewards card with a strong welcome offer, the Scotiabank Gold American Express® Card is an outstanding contender in Canada. Its waived first-year fee and earning power make it a top pick for those who will fully use the Scene+ program and pay off balances monthly. For maximum value, be sure to take advantage of the large bonus by meeting spending targets in the first year.
