Scotiabank
Earn up to $1,050 in value, 50,000 bonus Scene+ points, and enjoy no annual fee in your first year. Flexible rewards and a strong earn rate on everyday categories!
The Scotiabank Gold American Express® Card offers a compelling welcome bonus worth up to $1,050, including 50,000 bonus Scene+ points and no annual fee for the first year. The standard annual fee is $120. Expect a purchase interest rate of 20.99% and a cash advance rate of 22.99%. To qualify for the welcome offer, new cardholders need to spend at least $2,000 in the first three months and $7,500 in their first year. Any savings and rewards depend on your card usage.
How to Apply for the Scotiabank Gold American Express® Card
Follow these steps to apply with confidence:
- Check your eligibility as a new cardholder and confirm you haven’t held a Scotiabank personal credit card in the last 2 years.
- Make sure you meet the income and credit requirements.
- Complete the online application form, providing personal and financial details.
- Wait for approval and, once received, start using your new card to earn welcome rewards.
Major Advantages
The card offers a very competitive earn rate—up to 6 Scene+ points per dollar at major grocery stores and excellent rewards on dining, entertainment, gas, and transit. Flexible redemption options include travel, merchandise, and more. The waived first-year annual fee, strong welcome bonus, and no foreign transaction fees for everyday use all add to the card’s strong appeal for Canadians who spend regularly on these categories.
Potential Drawbacks
Despite its robust rewards, the card carries a $120 annual fee after the first year. Also, the highest earn rates are capped on annual spending up to $50,000 in eligible categories. If most of your spending falls outside the reward bonus categories, you may find better value with a different card, particularly for those who prefer straightforward cash back or do not shop frequently at major Canadian grocers.
Our Verdict
If you’re looking for a versatile card with a generous welcome bonus and high earning potential on everyday spending, the Scotiabank Gold American Express® Card is an outstanding option. Its rewards, first-year savings, and purchase protections make it a top choice for Canadian consumers seeking maximum value from a premium rewards card.
