Scotiabank Gold American Express® Card
$75 Cash Rebate From FinlyWealth
Now $200 until Oct 31, 2024
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Total Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$0
25% Referral Cash Bonus
Share your unique referral link to the Scotiabank Gold American Express® Card and earn a 25% rebate bonus. Learn more about the Finly referral program.
Card Details
Annual Rewards
$613.54
Scene rewards
First Year Bonus
$450
Scene rewards
Annual Fee
$120
$0
First Year Waived
First Year Value
$1,063.54
$493.54 in years after
Interest Rates
Cash Advance: 22.99%
Purchase: 20.99%
Annual Fee
$120
Annual Income
Personal: $12,000
Household: N/A
Credit Score
Good
Welcome Bonus
Earn 25,000 bonus Scene+ points by making at least $1,000 in everyday eligible purchases in your first 3 months. Plus, for a limited time, you are eligible to earn a 20,000 Scene+ point bonus when you spend at least $7,500 in everyday eligible purchases in your first year.
Card Type
Reward: Points
Loyalty Program: Scene+
Our Rating
4.9/5
Institution
Scotiabank
Rewards
- 6 Points on on every $1 you spend at Sobeys, Safeway, IGA, Foodland & Participating Co-ops
- 5 Points dining and at other eligible grocery stores, entertainment purchases which includes movies, theatre, and ticket agencies
- 3 Point on Rides which includes rideshare, buses, taxis, subways and more
- 3 Points on eligible streaming services (Netflix, Spotify, Disney+, Crave and more)
- 1 Point on everything else
Scotiabank Gold American Express® Card Points Calculator
Based on average spending
Rewards Ranking
Rewards Breakdown
Grocery stores participating in Scene+ Reward program
3,096 points
Food and drinks, Groceries and Entertainment
37,695 points
Gas, Rental Car & Taxi, Public Transportation
8,841 points
Amex eligible Streaming Subscriptions
1,440 points
All other purchases
10,281 points
Annual Fee
- $120
Net Annual Rewards
61,353 points
Valued at $493.54 (after fees)
Rewards Summary
Net Annual Rewards
61,353 points
Valued at $493.54 (after fees)
First Year Bonus
45,000 points
Valued at $450
First Year Value
106,353 points
Valued at $1,063.54
Point Redemptions
Redemptions Chart
Entertainment and Experiences
$943.54
Travel
$943.54
Groceries (At Sobeys)
$943.54
Gift Cards
$667.02
Restaurants
$943.54
Merchandise
$688.29
Statement Credits
$624.48
Insurance & Benefits
Insurance
Coverage
Emergency Out of province Medical
$1M, Up to 25 daysEmergency Medical Over 65
$1M, Up to 3 days
Trip Cancellation
$1500/person, $10000/trip
Trip Interruption
$1500/person, $10,000/trip
Lost or Stolen Baggage
$500/person, $1000/trip
Baggage Delay
$500/person, $1,000/trip After 4 hours
Flight Delay
$500/person
Travel Accident
$500K/person, $1M/occurrence.svg)
Car Rental Damage & Theft
$65K up to 48 days
Hotel Burglary Insurance
$1000/occurrence
Mobile Device Insurance
$1,000
Purchase Protection
90 days
Extended Warranty
Up to a year
Benefits
Details
No Foreign Transaction Fees
Avoid the 2.5% foreign transaction fees incurred when spending in non $CAD
American Express Experiences
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Concierge Services
Discount
Discount on PriorityPass Membership
Pros & Cons
Pros
- No foreign transaction fee saves you 2.5% on all non-CAD purchases.
- Rewards cover all high-spending categories, including food, groceries, entertainment, and gas.
- Comprehensive coverage of all travel insurance.
Cons
- The card network is American Express, which might not be widely accepted in some countries, making it a bit harder to use the no foreign transaction fee benefit.
- Having a lounge pass would have made this card even more perfect, but there is access to a discount code for lounge access pass purchases.