Scotiabank® Gold American Express® Card

Scotiabank® Gold American Express® Card

Up to $950 value, including up to 50,000 bonus Scene+ points*

SimplyCash Card from American Express
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cash backno fee

SimplyCash Card from American Express

3.9

Welcome bonus

Up to $100 cash back

  • 2% groceries — 2% up to $300 cash back per year (about $15,000 in spend), then 1.25%
  • 2% gas
  • 1.25% everything else
Annual fee
No annual fee
Interest rates

Purchases

21.99%

Cash advances

21.99%

Foreign transactions
2.5%

Rated by the CreditCardGuru Editorial Team

One of Canada's strongest no-fee cash back cards thanks to the 1.25% floor and 2% on gas and groceries. Just mind the grocery cap and Amex acceptance.

At a glance

Annual fee
No annual fee
Welcome bonus
$100
Foreign tx fee
2.5%
Network
AMEX
Rewards
cash back
Purchase APR
21.99%

Rewards & earn rates

Groceries2% up to $300 cash back per year (about $15,000 in spend), then 1.25%2%
Gas2%
Everything else1.25%

Welcome offer: Up to $100 cash back (Applies to your first $2,000 in purchases in the first 3 months).

Pros & cons

Pros

  • 1.25% everywhere is among the best no-fee base rates in Canada
  • Simple, automatic cash back with no categories to activate

Cons

  • Grocery cash back capped at $300 per year
  • Minimal insurance and Amex acceptance gaps at some merchants

Perks & insurance

Key perks

  • 2% cash back at Canadian gas stations and grocery stores with no annual fee
  • Strong 1.25% base rate on everything else
  • Free additional cards
  • Amex Experiences and Amex Offers access

Insurance

  • Travel accident insurance $100,000
  • Purchase protection (90 days)
  • Extended warranty (+1 year)

Rates & fees

Annual fee
None
Purchase interest
21.99%
Cash advance
21.99%
Foreign transactions
2.5%
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
Terms & conditions

Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but American Express can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on American Express's own website before you apply.

Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and American Express's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.

This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.

How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.

CreditCardGuru is not affiliated with American Express. Trademarks belong to their respective owners.

Similar cards to consider

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CIBC Dividend Visa Infinite Card

4.5·Households with heavy grocery and gas spend who want maximum cash back.
Annual fee
$120 $0
Welcome bonus
$350
Top reward
4% groceries
  • 4% on gas and groceries is among the highest in Canada
  • Strong 2% middle tier covers dining, transit and bills

Suggested score 720+ · Excellent credit

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Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.

Written by

CreditCardGuru Editorial Team

Rewards & Cards Research

Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.

  • 200+ Canadian cards tracked
  • Transparent rating methodology
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Cite this page

“SimplyCash Card from American Express Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/amex-simplycash, updated June 7, 2026.

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