One of the strongest travel credit card in Canada, the Scotiabank Gold American Express card offers a myriad of reasons for it to be the primary card in every household. Particularly, I lean on these 5 reasons when recommending the card to most Canadians;
- Welcome bonus and annual fee waiver: 45,000 bonus Scene+ points (Apply by April 30, 2023), and no first year annual fee (savings of $120) is as good as they come. When redeemed for travel, the bonus points alone are worth $450.
- Earn Rates: 6x earn at major grocery stores like Sobeys, IGA, Safeway, Foodland, FreshCo (among others), or 5x earn at other grocery, dining, and entertainment – its not difficult for a large family to maximize the $50k limit on the accelerated earning potential.
- No FX fee: No foreign exchange fee on international transactions offer a 2.5% savings that not many cards in Canada do. A healthy saving for any travel outside Canada.
- Comprehensive insurance: The insurange coverage with the card is second to none, with end-to-end travel protection! Emergency Medical, Trip Canellation/Interruption, Flight Delay, Lost Luggage, Delayed Luggage, Rental Car insurance, Hotel/Motel Burglary Insurance, Mobile Device insurance, Purchase protection and Extended Warranty.
- Scene+: And saving best for last, Scene+ points are my go-to for all travel redemptions. With full flexibility, members can book their travel with any provider, and simply apply Scene+ points to the transaction on the card. 1000 points = $10 CAD
- Scotiabank Gold American Express Card – Apply Now
- Annual Fee:
$120First Year Annual fee waived
- Welcome Bonus: 45,000 bonus Scene+ points (Apply by April 30, 2023)
- 25,000 points with $1,000 in everyday eligible purchases in first 3 months from account opening
- 20,000 points with $7,500 in everyday eligible purchases in first year of cardmembership
- Earning Rate:
- 5X on Grocery, Dining and Entertainment (Canada only)
- 3X Gas, Daily Transit, Select Streaming Services (Canada only)
- 1X on all other purchases
- Other Key Benefits:
- No FX mark up – Foreign Currency Conversion Fee of 0%
- Comprehensive Travel and shopping Insurance coverage
- Annual Fee:
Detailed list of benefits and perks of the card are listed here
- Redeeming Scene+ points
- Book directly through Scene+ Travel Service (full-service travel agency): 1 cent a piece, 10,000 points for $100 and so on..
- Book with ANY Travel Provider: Apply points at 1 cent a piece (10,000 points = $100)
- Redeem as Statement Credit: Redemption value can range from 0.6-0.8 cents per point
- Redeem for gift cards, prepaid cards or other merchandise
An everyday card with elite redemption abilities, is how I see Scotiabak Gold American Express Card. It is a true heavy hitter in a very competitive travel credit card market in Canada, and one I prescribe for every canadian wallet.