Scotiabank Gold American Express review: How competitive are this travel card’s rewards? Dec 6th

With an outstanding earn rate, no foreign transaction fees and a better-than-average travel insurance package, the Scotiabank Gold American Express card has garnered a lot of attention from Canadian travellers and cross-border shoppers. But is Amex a strong enough brand in Canada? And is this card worth the $120 annual fee? We dig into the details.
Scotiabank Gold American Express quick facts
Scotiabank Gold American Express*

Annual fee: $120
Rewards: 5 Scotia Rewards Points on every $1 you spend on eligible grocery stores, restaurants, fast food, drinking establishments and entertainment; 3 Points on eligible gas, rideshares and public transit, as well as streaming services; 1 Point on everything else.
Scotia Rewards Points Value: 1 Point = $0.01 when redeemed for travel
Welcome offer: Up to 30,000 bonus Scotia Rewards Points—worth up to $300—in your first year
Income requirement: $12,000
Purchase interest rate: 19.99%
Best features: No foreign transaction fee on purchases in another currency, including online shopping; great return on food purchases; flexible, easy-to-understand rewards system
Who it’s good for: Travellers, foodies and cross-border shoppers

Apply for the Scotiabank Gold American Express* >

Scotiabank Gold American Express

5 things you need to know about the Scotiabank Gold American Express
How to redeem Scotia Rewards Points
Are there any drawbacks to the Scotiabank Gold American Express?
What are the best ways to benefit from this card?

5 things you need to know about the Scotiabank Gold American Express

You earn Scotia Rewards Points
With the Scotiabank Gold American Express, the earn rate is 5 Points per dollar spent on restaurants and groceries, and on entertainment including movies, theatre and event tickets…