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The highest bonus offer this card has seen, Scotiabank Gold American Express credit card now comes with a formidable 50,000 bonus Scotia Rewards points, and No Annual Fee in first year! 50,000 points is equivalent to $500 towards travel, and the annual fee is worth $120. Thats $620 in value just for getting the card, awesome if you ask me. Account for the incredible earn rates and the no FX markup, this card is a must in every household. The increased bonus applies to new accounts opened by August 31, 2021.

The new 50,000 bonus is split in two portions, cardmembers get 30,000 Scotia Rewards point bonus with the first $1,000 spend in everyday eligible purchases within the first 3 months. Plus, for a limited time, an additional 20,000 Scotia Rewards points $7,500 spend in everyday eligible purchases on the account in first year.

Note that the annual fee is waived for both, the primary card ($120) and each additional supplementary card ($29) on the account for the first year only

Review: Scotiabank Gold American Express Card – Apply Now 

Scotiabank Gold American Express


  • Annual Fee: First Year Free ($120 otherwise)
  • Welcome Bonus: 30,000 Scotia Rewards points with $1000 spend in first three months, additional 20,000 bonus with annual spend of $7,500 in everyday purchases 
  • 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%
    • Trip Cancellation and Trip Interruption Insurance: Coverage of $1,500 per person for eligible expenses (max $10,000 per trip)
    • Comprehensive Travel and shopping Insurance coverage
  • Redeeming Scotia Rewards® points
    • Book directly through Scotia Rewards® 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
    • Redeem as Statement Credit: Redemption value can range from 0.6-0.8 cents per point
    • Convert to SCENE Points (or vice versa)
    • Redeem for gift cards, prepaid cards or other merchandise

Detailed list of benefits and perks of the card are listed here

This is as good as it gets with the Scotiabank Gold American Express credit card, make sure to apply and open account by August 31, 2021.