Overview of the Scotiabank®* Gold American Express® Card
Earn rewards
On entertainment, groceries, restaurants (including fast food & drinks)
3 points/$1On other purchases, travel (including flights, hotels, taxis, public transit)
1 point/$1On other purchases
Scotiabank®* Gold American Express® Card details
- Welcome offer
- 45,000 bonus points ($450 value)
- Annual fee
- $120
- Reward
- Earn 5x points on entertainment, groceries, restaurants (including fast food & drinks), 3x points on other purchases, travel (including flights, hotels, taxis, public transit), 1x points on other purchases
- Average point value
- $0.01
- Purchase interest rate
- 19.99%
- Cash advance interest rate
- 22.99%
- Balance transfer interest rate
- 22.99%
- Minimum income
- $12K/yr
- Household income
- Any amount
- Recommended credit score
- 660+
- Network
- American Express
- Provider
- Scotiabank
- Card type
- Travel
Detailed card summary
Benefits & features
- Earn up to 45,000 bonus Scene+™ points in your first year (that’s up to $450 towards travel)
- You will not pay 2.5% foreign transaction fees on any foreign currency purchases, including online shopping and when travelling abroad. Only the exchange rate applies
- Earn 5X Scene+ points for every $1 CAD spent on eligible grocery stores, restaurants, fast food, and drinking establishments. Includes popular food delivery and food subscriptions
- Earn 3X Scene+ points for every $1 CAD spent on eligible gas and daily transit. Includes rideshare, buses, taxis, subway, and more
- Earn 1X Scene+ point for every $1 spent on every other purchase
How to redeem
Redemption flexibility
HIGH
Redeem your points against any travel purchase on your statement
How to get approved
Eligibility
- Minimum income $12K/yr
- Household income Any
- Recommended credit score 660+
- You are a permanent Canadian resident and have reached the age of majority in the province in which you live.
User reviews
Average user score for Scotiabank®* Gold American Express® Card
4.1 | 19 reviews
Aditya Jhamb
The credit card is a good one. It offers 4% cashback on eligible items and 1% otherwise. The first year annual fee is waived, so getting 30,000 bonus points is great especially since you need to spend $750 in the first 3 months to achieve the bonus points (definitely possible). Overall a great card. Only downside is that it is not accepted everywhere.
Weinan Hu
What interested me to applying for this card are the following benefits: 1) 4% return on gas/grocery/dining/entertainment; 2) trip cancellation insurance; 3) rewards can be redeemed for travel related purchases after the fact, I.e. I don’t need to use Scotiabank AMEX travel site to book flight/hotel/car rental. All other bells and whistles are icing on the top. Obviously, the fact that AMEX is not as widely accepted as VISA and MasterCard is the drawback.
olga kushneryk
Ratehub always has the most current information on all credit card offers. I love the compare feature which I find is really helpful when making a decision on which card is right for me and my family. With the help of Ratehub I easily was able to apply and get approved for The Scotia Bank Gold American Express. The whole application process was easy and very quick. Also I got an immediate approval. The card was shipped in a short time and I was quickly abel to use it for purchases.
Justin Ng
The card is pretty good, rewards are flexible but I’m concerned about just the number of merchants that accept Amex. Also take a bit of time to get the bonus but that’s pretty standard. Hoping that I can keep the card for a bit
Maxine Mathews
I love using my gold card to attain miles. The added bonus miles for signing up is a great incentive to use this card for as many purchases as I can in the first 3 months. Love the benefits and the fact that you can also earn scotia rewards points to redeem on items you can actually use (gift cards for example).
DONNA OWEN
This card has great benefits and low rates. I would recommend this to anybody. The process to get the card was very easy as well. This card has great benefits and low rates. I would recommend this to anybody. The process to get the card was very easy as well. This card has great benefits and low rates. I would recommend this to anybody.
Legal
The 45,000 Bonus Scene+ Points Offer (the “Offer”) applies only to new Scotiabank Gold American Express credit card accounts (“Accounts”) opened by July 4, 2022 and is subject to the below terms and conditions. Offer may be changed, cancelled or extended without notice at any time and cannot be combined with any other offers.
45,000 Bonus Scene+ Point Offer Description and Conditions: To be eligible for 25,000 bonus Scene+ points (the “25,000 Point Bonus”), you must open a new Account by July 4, 2022 and have at least $1,000 in eligible purchases posted to your new Account in the first 3 months. To be eligible for an additional 20,000 bonus Scene+ points (the “Extra 20,000 Point Bonus”), you must have at least $7,500 in eligible purchases posted to your new Account in your first year (12 months) from the Account open date. Eligible purchases include purchases (less any refunds, returns or other similar credits) but do not include payments, cash advances (including balance transfers, Scotia® Credit Card Cheques or cash-like transactions), interest, fees or other charges.
The 25,000 Point Bonus will be credited to the primary cardholder’s Scene+ account within approximately 2-3 business days after the qualifying $1,000 in eligible purchases being posted to your Account within the first 3 months from the Account open date, provided the Account is open and in good standing. The Extra 20,000 Point Bonus will be credited to the primary cardholder’s Scene+ account within approximately 2-3 business days after you have met the $7,500 annual spend threshold on the Account, provided your Account is open and in good standing. The Account is considered in good standing if it is not past due or over limit and the Cardholder(s) is not in breach of the Revolving Credit Agreement that applies to the Account.
Eligibility and Exclusions: Individuals who are currently or were previously primary or secondary cardholders of a Scotiabank retail credit card in the past 2 years, including those that switch from an existing Scotiabank retail credit card, as well as employees of Scotiabank, are not eligible for the Offer. Subject to the above exclusions, Scotiabank small business credit cardholders are eligible for the Offer.
Rates and Fees: The current annual fee is $120 for the primary card and $29 for each additional supplementary card. The current preferred annual interest rates for the Account are: 19.99% on purchases and 22.99% on cash advances (including balance transfers, Scotia® Credit Card Cheques and cash-like transactions).
All rates, fees, features and benefits are subject to change.
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