featured
Scotiabank Gold American Specific
Annual payment: $120
Welcome provide: Earn as much as $850 in welcome gives, first-year rewards and financial savings worth, and as much as 45,000 bonus Scene+ factors. Provide ends July 1, 2026.
Card particulars
| Rates of interest | 20.99% on purchases, 22.99% on money advances, 22.99% on steadiness transfers |
| Revenue required | $12,000 per yr |
| Credit score rating | 725 or larger |
| Level worth | 1 Scene+ level = $0.01 when redeemed for journey, retailer purchases and foods and drinks at Cineplex and Scene companions |
Scotiabank Gold American Specific
Scotiabank Gold American Specific advantages
1. You earn tons of Scene+ factors
The earn price is 5 Scene+ factors per $1 spent at eligible eating places, grocery shops and consuming institutions—together with some widespread meals supply and subscription companies (like Skip The Dishes and Whats up Contemporary). You’ll earn 5 Scene+ factors per $1 spent at Cineplex theatres. You’ll earn 3 Scene+ factors per $1 on gasoline and transportation together with journey sharing, public transit and taxis, and on streaming companies like Netflix. Every little thing else accumulates at 1 level per $1 spent.
2. Scene+ factors are extra versatile than you may assume
You’ll be able to redeem your Scene+ points for film tickets, but additionally on a lot extra. You need to use them to e book journey via Scene+ Journey, powered by Expedia and at eating places, and different leisure companions. If you need greater than experiences, it’s also possible to commerce them in for reward playing cards at main retailers and even for a credit score in your bank card or banking account.
3. There’s a beneficial sign-up bonus
New cardholders can Earn 25,000 bonus Scene+ factors by making a minimum of $2,000 in on a regular basis eligible purchases in your first 3 months. Earn an extra 20,000 Scene+ level bonus whenever you spend a minimum of $7,500 in on a regular basis eligible purchases in your first yr.
4. The cardboard comes with nice journey insurance coverage protection
The included journey insurance coverage bundle is nice, and counts as one of many most important perks of the cardboard. When cardholders use the Scotiabank Gold American Specific for his or her journey bills, they obtain as much as $1 million in journey medical protection for 25 days and $1 million in journey accident insurance coverage (should you’re over 65, this solely applies for as much as 3 days). You additionally rise up to $1,500 per particular person in journey cancellation or interruption protection (to a $10,000 most) whenever you cost a minimum of 75% of your journey bills to your card; flight and baggage delay safety; and automotive rental loss and injury protection. You additionally get prolonged guarantee on choice purchases and lodge/motel housebreaking insurance coverage, too.
5. You gained’t be charged international transaction charges
Normally, whenever you make a purchase order in a international foreign money, in particular person or on-line, you’re charged a payment of two.5% to three% above and past the foreign money trade. That is the international transaction payment, and it will possibly add up quick. Credit cards with no foreign transaction fees are few and much between for Canadian shoppers, and Scotia is the one main financial institution providing this perk. When shoppers store with the Scotiabank Gold Amex, that payment is waived. That is an distinctive worth for web shoppers or those that journey ceaselessly, particularly in the US the place American Specific is extensively accepted. Along with waiving the payment, the Scotiabank Gold Amex will earn you 1 level per $1 on all purchases made in a international foreign money.
6. Being an Amex cardholder comes with perks
As American Specific members, cardholders are entitled to the corporate’s Amex Presents and Amex Entrance of the Line packages. After free registration, Amex Presents provides members entry to coupons, reductions or Factors-earning alternatives with spends at taking part retailers. Similar to the identify suggests, Entrance of the Line gives Amex members precedence entry to pre-sale tickets and reserved blocks of seats at concert events, musicals and different reside occasions.
7. You in all probability gained’t pay for a film any time quickly
If you happen to love catching the most recent motion pictures, you need to actually take into account this card. You’ll be incomes 5 Scene+ factors for each greenback you spend on on a regular basis purchases like gasoline and groceries (to not point out eating places and on the theatre itself). Since a common admission or 3D film ticket clocks in at 1,250 factors, you’ll be incomes a free one for each $250 you spend in these important classes, which you’ll probably attain or exceed each month.
Are there any drawbacks to the Scotiabank Gold American Specific?
Whereas the Scotiabank Gold Amex card is strong, notably for travellers, there are some things to think about earlier than making use of. First, in Canada, American Specific isn’t as extensively accepted as Visa or Mastercard. If you happen to routinely store at shops like Costco and Loblaws, you gained’t be capable to use your card, which might severely lower into the incomes potential for meals and groceries that makes this card so sturdy. (You will discover an inventory of some retailers that do accept Amex here.)
What are the very best methods to profit from this card?
The Scotiabank Gold American Specific works greatest as a Factors card for journey. The redemption worth of 1% on this class and the versatile rewards imply that it will possibly actually get you in your approach rapidly. Add to that the above-average journey insurance coverage bundle and international transaction payment waiver, and this card is an asset to any traveller’s pockets.
Think about selecting up a second back-up bank card with no payment, comparable to Tangerine Money-Back credit card,* for retailers that don’t settle for Amex. This manner you’ll nonetheless be capable to acquire rewards, or get money again in your purchases. So far as journey rewards playing cards go, the Scotiabank Gold American Specific is value your critical consideration.
What does the * imply?
Affiliate (monetized) hyperlinks can generally lead to a fee to MoneySense (owned by Ratehub Inc.), which helps our web site keep free to our customers. If a hyperlink has an asterisk (*) or is labelled as “Featured,” it’s an affiliate hyperlink. If a hyperlink is labelled as “Sponsored,” it’s a paid placement, which can or could not have an affiliate hyperlink. Our editorial content material won’t ever be influenced by these hyperlinks. We’re dedicated to taking a look at all obtainable merchandise out there. The place a product ranks in our article, and whether or not or not it’s included within the first place, isn’t pushed by compensation. For extra particulars, learn our
MoneySense Monetization policy.
