Scotiabank Gold American Express Card
Last updated:
$120/year
Earn up to 40,000 Scene+ points
Earn 40,000 Scene+ points when you spend $1,000 in the first 3 months.
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Key Details
Annual Fee
$120
Network
amex
Credit Required
good, excellent
Reward Type
travel, points
Rewards Earn Rates
5x
Groceries
3x
Gas
5x
Dining
1x
Travel
1x
Everything Else
Highlights
- $120 annual fee
- 5x Scene+ points on groceries, dining, and entertainment
- 3x Scene+ points on gas, transit, and streaming
- 1x Scene+ point on everything else
Pros & Cons
Pros
- + Exceptional earn rate on everyday spending
- + Scene+ points are versatile (travel, movies, groceries)
- + Strong welcome bonus
- + Comprehensive insurance package
Cons
- – $120 annual fee
- – American Express not accepted everywhere
- – Foreign transaction fees apply
- – Requires good credit
Who Is This Card For?
The Scotiabank Gold American Express Card is best suited for Canadians who prioritize travel, groceries, dining spending. At $120/year, it's worth it for those who spend enough in bonus categories to offset the fee.
Benefits Breakdown
Extended Warranty
Purchase Protection
90 days
Rental Car Insurance
Insurance Coverage Details
Ways to Reduce the Annual Fee
- Call Scotiabank retention after 1 year to ask for a fee waiver or rebate
- Product-switch from another Scotia card to avoid a new credit inquiry
- Some reports of first-year fee waivers through targeted offers
Multi-Card Strategy
Pair with a Visa or Mastercard for stores that don't accept Amex (like Costco). The Tangerine Money-Back or Rogers WE MC makes a great companion.
See full multi-card strategies →Is this card worth it for you?
Use our rewards estimator to see how much you'd earn based on your spending.
Frequently Asked Questions
Ready to Apply?
Visit the issuer's website to confirm current terms and apply.
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Sources
Last verified: 2026-03-01. Offers and terms can change. Always confirm details on the issuer's website before applying.