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Scotiabank Gold American Express® Card review

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Advertiser Disclosure

Interest Rate: Purchases
Balance Transfer
22.99% (0% for the first 6 months)
1 - 5 points
Signup Bonus
30000 points (after spending $1,000)

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 11 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...

Overall, Scotiabank Gold American Express Credit Card is an interesting piece of plastic. In fact, it is one of the best travel rewards credit cards you can find in Canada. The earning potential with this credit card is excellent* but here’s something you need to remember.

Rewards Canada

It's no wonder the Scotiabank Gold American Express Card has been crowned as the Top Travel Points Credit Card with an annual fee for several years now. When you take the high earn rates on very popular spend categories and couple them with high annual caps, totally flexible travel rewards redemptio...

- Rewards Canada

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

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...



Interest Rates
Regular APR Interest Rate 19.99%
Balance Transfer Interest Rate 22.99% (0% for the first 6 months)
Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $120.00

Waived on the first year

Balance Transfer Fee $5.00

Promotional 1% balance transfer fee

Cash Advance Fee $5.00
  • For transactions processed by Scotiabank, any financial institution in Canada, Scotiabank ABM, any non-Scotiabank ABM displaying Interac+ symbol
  • $7.50 for transactions obtained at any ABM or processed by any financial institution outside of Canada
Foreign Transaction Fee $0.00
Over Limit Fee $29.00
Late Payment Fee $0.00
Sign up bonus 30000 points after spending $1,000
  • On purchases within the first 3 months.
  • Earn a 20000 point bonus when you spend at least $7500 in everyday eligible purchases in your first year
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
  • $29 per year for each card
  • Waived on the first year
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
Virtual Cards No
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
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
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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