Scotiabank Gold American Express Card review

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Advertiser Disclosure

Interest Rate: Purchases
19.99%
Balance Transfer
22.99%
Rewards
1 - 4 points
Signup Bonus
15000 points (after spending $1,000)


9.8/10
Informr score
The Scotiabank Gold American Express Card currently has an Informr score of 9.8 out of 10. This score is based on our evaluation of 9 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...


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
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 as Mex...

- Tyler Weatherup, PointsWise

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 $99.00
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 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $29.00


Late Payment Fee $0.00
Promotions
Sign up bonus 15000 points after spending $1,000

On purchases within the first 3 months.

Rewards
All Purchases 1 point per $1 spent
Restaurants 4 points per $1 spent (on first $50000 spent)
Gas 4 points per $1 spent (on first $50000 spent)
Groceries 4 points per $1 spent (on first $50000 spent)
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

4 points per $1 spent on Entertainment purchases (on first $50000 spent) 

Features & Benefits
Additional Card Holders Yes

$29 per year for each card

Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount Yes
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service Yes
Price Protection Yes
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Additional Benefits
  • Trip Cancellation / Trip Interruption Insurance
  • Flight Delay Insurance
  • Delayed and Lost Baggage Insurance
  • Hotel/Motel Burglary Insurance
  • Access to Priority Pass airport lounges worldwide
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
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Additional comments
Terms & Conditions Official Terms & Conditions
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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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Critic Reviews


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

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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

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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

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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

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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.

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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

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User Reviews


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