Scotiabank
Unlock up to $1,050 in value, no annual fee in year one, and earn up to 50,000 Scene+ points. Annual fee: $120. Interest: 20.99% on purchases.
The Scotiabank Gold American Express® Card stands out with a welcome offer of up to $1,050 in value, including no annual fee in your first year, and 50,000 bonus Scene+ points. The annual fee is $120 after the first year, making this card appealing if you want strong rewards on everyday purchases in Canada.
This card offers an interest rate of 20.99% on purchases and 22.99% on cash advances. Earn up to 6 Scene+ points per $1 at Sobeys, Safeway, and partner retailers, positioning it as one of the top grocery and lifestyle cards in Canada. Moreover, it’s widely accepted, making it a practical choice for frequent spenders.
How to Apply: Quick Steps
Start your application by confirming Scotiabank online banking access or as a new customer. Fill out your personal details and wait for approval. If you are new to Canada, visit your local branch for in-person service.
Pros
With this card, high earn rates on everyday spending and lucrative welcome bonuses can maximize your rewards quickly, especially if you shop at participating grocery stores. The no annual fee in the first year sweetens the deal for new applicants.
Cons
The annual fee of $120 after the first year may feel steep for casual users. Interest rates are on par with competitors, so carrying a balance can get expensive fast if you’re not careful with payments.
Verdict
If you want significant points for grocery spending and travel rewards, the Scotiabank Gold American Express Card is an excellent choice. The initial perks and points are ideal for maximizing value and everyday spending in Canada.
