Scotiabank
Unlock up to $1,050 in rewards, no annual fee for the first year, and 50,000 bonus Scene+ points with the Scotiabank Gold American Express Card.
Introducing the Scotiabank Gold American Express® Card
If you’re looking for a feature-rich rewards card, the Scotiabank Gold American Express® Card is a top contender. Earn up to $1,050 in welcome perks, including 50,000 bonus Scene+ points. In Canada, you’ll enjoy 6 Scene+ points per $1 spent at grocery partners like Sobeys and Safeway.
This card carries a $120 annual fee, but the first year is waived for new applicants. The current purchase interest rate is 20.99%, with cash advances at 22.99%. To maximize your rewards, use the card at partner retailers and for daily expenses.
The Gold Amex is ideal for those who want flexible redemption options – from travel to gift cards to cash back credits. It’s a solid choice if you enjoy premium benefits and prefer not to pay foreign transaction fees.
Jak złożyć wniosek: krok po kroku
Start by verifying your eligibility, such as your income and credit score. Have your personal and financial documents handy before you begin.
Visit the Scotiabank website to access the online application. If you’re already a Scotiabank customer, simply sign in to your online banking to fast-track the process.
New customers can also apply directly online. Ensure you enter your information accurately to avoid any processing delays. Wait for approval, which may be instant for some applicants.
Highlights: The Pros
One of the major draws is the high rewards rate on supermarket purchases, with 6 Scene+ points per dollar. Travel lovers appreciate the no foreign transaction fees, making it a favourite for international use.
The impressive first-year offer, including a waived fee and up to $1,050 in total value, sets this card apart. Scene+ points are easy to redeem for travel, gift cards, or statement credits.
Considerations: The Cons
The annual fee ($120 after your first year) may deter occasional users or those who prefer no-fee cards. While rewards are generous, frequent travellers get maximum value.
Interest rates are standard for rewards cards, so carrying a balance could prove costly. Additionally, premium rewards require preferred spending habits, especially at eligible merchants.
Verdict: Is This Card Right For You?
The Scotiabank Gold American Express® Card is a standout for those eager to maximize rewards on groceries, travel, and daily spending. It’s an excellent option if you want robust perks and don’t mind a moderate annual fee after your first year. If your purchasing aligns with the card’s strengths, its rewards and savings will far outweigh the costs.
