Learn more about ScotiaBank Gold American Express Credit Card and know how you can apply!
This is one of the most rewarding credit cards available in Canada. It offers useful benefits, travel insurance and no foreign transaction fees, a great option for everyday purchases and travelling. So if you’re looking for a card that has low income requirement, Amex perks and Scene+ points, the ScotiaBank Gold American Express Credit Card is for you!
It is one of the three American Express’ cards offered by the bank. Want to learn more about it? Keep reading and get to know its benefits and how to apply!
What are the benefits of ScotiaBank’s Gold American Express Credit Card?
- 6 Scene+ points per dollar on groceries at select stores (Sobeys, Safeway, FreshCo, Foodland and Voilà);
- 5 Scene+ points per dollar at groceries stores, dining and entertainment, as long as they accept American Express;
- 3 Scene+ points per dollar on gas and transportation and select streaming services;
- 1 Scene+ point per dollar on everything else;
- Flexible points redemption with no blackouts or restrictions on travel;
- No foreign transaction fees;
- Comprehensive travel insurance benefits including travel emergency medical coverage, travel accident and trip delay;
- Rental car collision loss/damage insurance coverage;
- Consumer protections such as mobile device insurance, extended warranty and purchases protection;
- Access to special offers, airport lounge discounts and Amex Front Of The Line.
Keep in mind that you will only earn the accelerated Scene+ rates on the first $50,000 (per year). After that, you’ll earn the base rate of 1 Scene+ point per dollar, that you also get on all your other spending, with no limit. Scene+ points have an average value of $0.01 per point.
Pros vs Cons?
| ✔️ PROS | ❌ CONS |
| Benefits like Amex Offers, Amex’s Front Of the Line, American Express Invites, Scene+ |
Amex is not accepted at all locations |
| No Foreign Transaction Fees |
No cash back
|
| Scene+ points rewards |
Points can’t be used or transferred outside of the Scene+ platform
|
How do I apply for the ScotiaBank’s Gold American Express Credit Card?
To be eligible for this credit card, all you need is to have a minimal annual income of $12,000 and no bankruptcies over the past 7 years, besides being a resident of Canada and the age of majority in your home province or territory, in order to apply. Here’s how it works:
- Log in or sign up for a new account;
- Fill any personal details requested and verify your identity;
- Enter any employment or financial information requested;
- Review the card’s terms and conditions before you submit your application.