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Scotiabank Gold American Express review

4.7Rated by the CreditCardGuru Editorial Team

A do-it-all rewards card: category-leading grocery earning, strong dining and entertainment multipliers, and no FX fee for when you travel or shop in USD.

At a glance

Annual fee
$120
Welcome bonus
~$650
Foreign tx fee
None
Network
AMEX
Rewards
points
Purchase APR
20.99%

Rewards & earn rates

GroceriesAt eligible grocery stores6x
Dining & food delivery5x
Entertainment5x
Streaming3x
Gas3x
Transit3x
Everything else1x

Welcome offer: Earn up to 40,000 bonus Scene+ points in the first year (On eligible purchases within the first 12 months).

Pros & cons

Pros

  • No 2.5% foreign transaction fee
  • 6x on groceries is one of the highest in Canada
  • Reasonable $120 annual fee for the value

Cons

  • Top grocery rate excludes Walmart & Costco
  • Scene+ points are less flexible than transferable points

Perks & insurance

Key perks

  • No foreign transaction fee — rare for a rewards card
  • Scene+ points (redeem for travel, groceries or statement credit)
  • Complimentary Concierge & Amex Offers

Insurance

  • Travel emergency medical (10 days)
  • Trip cancellation & interruption
  • Flight & baggage delay
  • Rental car collision/loss damage
  • Mobile device insurance

Rates & fees

Annual fee
$120
Purchase interest
20.99%
Cash advance
22.99%
Foreign transactions
No fee

Compare Scotiabank Gold American Express with…

vs American Express Cobalt Cardvs Scotiabank Passport Visa Infinitevs CIBC Aventura Visa Infinite
Last updated June 1, 2026Reviewed by CreditCardGuru Editorial Team

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