Scotiabank Gold American Express 2026 Review

Annual fee
CA$120
Rewards rate
6%-5%
Welcome Bonus
45,000 bonus Scene+ points
Apply Now →on Scotiabank's website

  • 6%Cash back on eligible purchases at select grocery stores
  • 5%Cash back on groceries

Welcome Bonus:

$450 in travel rewards for new Scotiabank Gold American Express Card clients who spend $2,000 within the first 3 months.

Reward Rate:

Earn 6 Scene+ points per $1 spent at Sobeys, Safeway, FreshCo and more; 5 Scene+ points per $1 spent on groceries.

What sets the Scotiabank Gold American Express apart is its impressive earning potential on grocery purchases, making it a top contender for those who prioritize food-related spending. With 6 Scene+ points per dollar at select grocery stores, it maximizes rewards for everyday essentials.

Pros:

  • No foreign transaction fees
  • High rewards on grocery purchases

Cons:

  • Annual fee applies
  • Limited to specific grocery stores for highest rewards
Apply now →

The Scotiabank Gold American Express card is particularly suitable for individuals who frequently spend on groceries and dining, given its high reward rates in these categories. With a reasonable annual fee and a substantial welcome bonus, this card may appeal to those looking to maximize rewards on everyday purchases while enjoying the benefits of an American Express membership.

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