Scotiabank Gold American Express® Card review

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Advertiser Disclosure

Interest Rate: Purchases
19.99%
Balance Transfer
22.99%
Rewards
1 - 5 points
Signup Bonus
-


8.9/10
Informr score
The Scotiabank Gold American Express® Card currently has an Informr score of 8.9 out of 10. This score is based on our evaluation of 10 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Scotiabank Gold American Express® Card is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $12000.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


creditcardGenius

It’s a great card for those who want to earn points on groceries, eating out, and gas. This describes most of us, and the opportunity to redeem for a wide variety of rewards is very appealing.

- creditcardGenius
Hustler MoneyBlog

The Scotiabank Gold American Express® Card is currently offering 4X Scotia Rewards points per $1 spent at eligible gas stations, grocery stores, dining and entertainment as well as 1X Scotia Rewards point per $1 spent on all other purchases. New cardholders will also earn 15,000 Scotia Rewards bonus...

- Bryan Huynh, Hustler MoneyBlog
Ratehub.ca

You can earn 4 Scotia Points per dollar (a return of 4%) in four different bonus categories, including groceries, gas, restaurants and entertainment. Few credit cards in Canada offer such rich rewards in as many categories. The Scotia Rewards program is flexible, allowing you to redeem points for fl...

- Ratehub.ca
Money We Have

Although the card may not offer the most generous sign-up bonus of all travel credit cards, this card is definitely one of the best travel credit cards in Canada. The Scotiabank Gold American Express card offers solid travel insurance, the best earning rate of all travel cards with the ability to bo...

- Barry Choi, Money We Have
RateSupermarket

It’s a well-rounded piece of plastic that just happens to be one of the best travel rewards credit card with a fee in Canada.

- RateSupermarket

Details


Interest Rates
Regular APR Interest Rate 19.99%
Balance Transfer Interest Rate 22.99%
Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $120.00
Balance Transfer Fee $3.50
Cash Advance Fee $3.50

$7.50 for each cash advance obtained at any ABM, Scotiabank, and any financial institution that's outside of Canada.

Foreign Transaction Fee $0.00
Over Limit Fee $29.00
Late Payment Fee $0.00
Promotions
Sign up bonus
Earn up to 30,000 bonus Scotia Rewards points in your first year (that's up to $300 in rewards)
    Rewards
    All Purchases 1 point per $1 spent
    Restaurants 5 points per $1 spent

    On restaurants, fast food, and drinking establishments purchases. Includes popular food delivery and food subscriptions.

    Gas 3 points per $1 spent
    Groceries 5 points per $1 spent
    Hotels No
    Travel No
    Pharmacy No
    Bills No
    Additional Details
    • 3 points per $1 spent on eligible select streaming services
    • 3 points per $1 spent on daily transit purchases. Includes rideshare, buses, taxis, subway, and more.
    • 5 points per $1 spent on eligible entertainment purchases. Includes movies, theatre, and ticket agencies.
    • 5X and 3X reward earning rate only applies to the first $50,000 you spend on the card annually
    Features & Benefits
    Additional Card Holders Yes

    $29 per year for each card

    Travel Accident Insurance Yes
    Car Rental Insurance Yes
    Car Rental Discount No
    Extended Warranty Yes
    Purchase Protection Yes
    Zero Liability No
    No Foreign Transaction Fees Yes
    Emergency Assistance Yes
    Concierge Service Yes
    Price Protection No
    Fraud Protection No
    Free Credit Scores No
    Wireless Payments Apple Pay
    Additional Benefits
    • Amex Offers
    • Amex Front Of the Line
    • American Express Invites
    • Book and redeem any flight for any time through Scotia Rewards Travel Service, a full-service travel agency. Plus, take advantage of the Best Price Guarantee on airfare.
    • Airport lounge access
    • Trip Cancellation / Trip Interruption Insurance
    • Flight Delay Insurance
    • Delayed and Lost Baggage Insurance
    • Hotel/Motel Burglary Insurance
    Eligibility
    Minimum Security Deposit $0
    Minimum Age

    18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

    Minimum Personal Income $12,000 per year
    Temporary Residents No
    More
    Additional comments
    Terms & Conditions Official Terms & Conditions
    Suggest a correction

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    Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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    Use this card?

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    Critic Reviews


    creditcardGenius

    Terrific when it comes to earning points

    creditcardGenius

    It’s a great card for those who want to earn points on groceries, eating out, and gas. This describes most of us, and the opportunity to redeem for a wide variety of rewards is very appealing.

    Read full review

    It’s a great card for those who want to earn points on groceries, eating out, and gas. This describes most of us, and the opportunity to redeem for a wide variety of rewards is very appealing.

    Read full review

    Less

    Hustler MoneyBlog

    A solid travel rewards card

    from Hustler MoneyBlog

    The Scotiabank Gold American Express® Card is currently offering 4X Scotia Rewards points per $1 spent at eligible gas stations, grocery stores, dining and entertainment as well as 1X Scotia Rewards point per $1 spent on all other purchases. New cardholders will also earn 15,000 Scotia Rewards b...More

    The Scotiabank Gold American Express® Card is currently offering 4X Scotia Rewards points per $1 spent at eligible gas stations, grocery stores, dining and entertainment as well as 1X Scotia Rewards point per $1 spent on all other purchases. New cardholders will also earn 15,000 Scotia Rewards bonus points with your first $1,000 in everyday purchases in the first 3 months.

    Read full review

    Less

    Ratehub.ca

    This card lets you quickly rack up points on your normal, everyday spending

    You can earn 4 Scotia Points per dollar (a return of 4%) in four different bonus categories, including groceries, gas, restaurants and entertainment. Few credit cards in Canada offer such rich rewards in as many categories. The Scotia Rewards program is flexible, allowing you to redeem points for...More

    You can earn 4 Scotia Points per dollar (a return of 4%) in four different bonus categories, including groceries, gas, restaurants and entertainment. Few credit cards in Canada offer such rich rewards in as many categories. The Scotia Rewards program is flexible, allowing you to redeem points for flights from any airline. You can also take advantage of the Scotia Rewards full-service travel agency to earn special discounts on hotel stays, cruises, rental cars, and more

    Read full review

    Less

    Money We Have

    Always ranked in the top cards

    from Money We Have

    Although the card may not offer the most generous sign-up bonus of all travel credit cards, this card is definitely one of the best travel credit cards in Canada. The Scotiabank Gold American Express card offers solid travel insurance, the best earning rate of all travel cards with the ability to...More

    Although the card may not offer the most generous sign-up bonus of all travel credit cards, this card is definitely one of the best travel credit cards in Canada. The Scotiabank Gold American Express card offers solid travel insurance, the best earning rate of all travel cards with the ability to book on your own travel for a decent annual fee of $99.

    Read full review

    Less

    RateSupermarket

    Earn travel rewards faster

    RateSupermarket

    It’s a well-rounded piece of plastic that just happens to be one of the best travel rewards credit card with a fee in Canada.

    Read full review

    It’s a well-rounded piece of plastic that just happens to be one of the best travel rewards credit card with a fee in Canada.

    Read full review

    Less

    PointsWise

    Essentially a cash back card restricted to travel purchases

    from PointsWise

    This is a card that I have, but never use, mainly because I have a lot of flexibility when I plan travel and don’t see a lot of value in a fixed-value redemptions. However, for those who don’t have a lot of flexibility, or regularly book travel where point redemption options are limited, such...More

    This is a card that I have, but never use, mainly because I have a lot of flexibility when I plan travel and don’t see a lot of value in a fixed-value redemptions. However, for those who don’t have a lot of flexibility, or regularly book travel where point redemption options are limited, such as Mexico, Las Vegas, or cruises, this may be a great card to consider.

    Read full review

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    creditcardGenius

    With the ability to get up to 4 points per $1, this card lets you earn travel rewards 4 times faster

    creditcardGenius

    For a fully flexible travel rewards credit card where you're not locked into flights to get the best value, this card is stacked. No other fully flexible card comes close.

    Read full review

    For a fully flexible travel rewards credit card where you're not locked into flights to get the best value, this card is stacked. No other fully flexible card comes close.

    Read full review

    Less

    GreedyRates.ca

    Flexible travel redemption programs into the Canadian marketplace

    GreedyRates.ca

    Scotia’s current limited time first year annual fee waiver with a $300 sign-up bonus offer makes it one of the top offers in the current Canadian marketplace. It’s also the best offer Scotia makes available for the card all year.

    Read full review

    Scotia’s current limited time first year annual fee waiver with a $300 sign-up bonus offer makes it one of the top offers in the current Canadian marketplace. It’s also the best offer Scotia makes available for the card all year.

    Read full review

    Less

    Rewards Canada

    Best for who travel lots or takes transit on a regular basis

    from Rewards Canada

    The Scotiabank Amex branded cards had a difficult first 8-10 months with less people jumping on the card than Scotiabank had hoped but it does seem to have turned the corner thanks to some very heavy advertising at airports, city transit and more.

    Read full review

    The Scotiabank Amex branded cards had a difficult first 8-10 months with less people jumping on the card than Scotiabank had hoped but it does seem to have turned the corner thanks to some very heavy advertising at airports, city transit and more.

    Read full review

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    CreditWalk

    Excellent travel rewards

    from CreditWalk

    The Scotiabank Gold American Express card has the best earning rate in the marketplace for many people who put most of their everyday spending on their credit card. Combine that with a signup bonus that more than offsets the first year annual fee and a host of Gold level benefits, and this...More

    The Scotiabank Gold American Express card has the best earning rate in the marketplace for many people who put most of their everyday spending on their credit card. Combine that with a signup bonus that more than offsets the first year annual fee and a host of Gold level benefits, and this card can’t be beat in the Canadian credit card marketplace.

    Read full review

    Less

    User Reviews


    Darn, there are no reviews yet for this credit card. Be the first to write a review.