TravelRewardsAmerican Express

Scotiabank Gold American Express Card

Scotiabank

Excellent for Sobeys shoppers and travellers with no FX fees and up to 6X points on groceries.

The Scotiabank Gold American Express Card is a Scotiabank American Express card with a $120 annual fee. It earns 6 Scene+ points per $1 on Sobeys, Safeway, FreshCo, Foodland & more. Listed welcome offer value: 50,000 Scene+ points.

Last updated October 9, 2026Source: issuer page

Key facts

Annual fee: $120
Purchase interest rate: 21.99%
Cash advance rate: 22.99%
Earn rates: 6 Scene+ points per $1 on Sobeys, Safeway, FreshCo, Foodland & more; 5 Scene+ points per $1 on Dining, food delivery, food subscriptions, other eligible grocery; 5 Scene+ points per $1 on Entertainment; 3 Scene+ points per $1 on Gas, transit (rideshare, bus, taxi, subway); 3 Scene+ points per $1 on Streaming; Up to 4 Scene+ points per $1 on Travel (1 + up to 3 extra via Scene+ Travel); 1 Scene+ point per $1 on All other purchases
Welcome offer: 50,000 Scene+ points
Foreign transaction fee: None
Income requirement: $12,000

How this score is calculated

Formula

Net annual value(50%)5.0
Welcome bonus(15%)5.0
Foreign transaction fee(10%)5.0
Insurance & perks(15%)4.4
Purchase interest rate(10%)2.5

What are the fees and rates?

Verified 2026-10-09

Annual Fee

$120

Additional card: $29

Purchase Interest Rate

21.99%

Cash advance: 22.99%

Minimum Income

$12,000 personal

Foreign Transaction Fee

No fee

What rewards does this card earn?

The Scotiabank Gold American Express Card earns 6 Scene+ points per $1 on Sobeys, Safeway, FreshCo, Foodland & more.

Sobeys, Safeway, FreshCo, Foodland & more

6 Scene+ points per $1

Dining, food delivery, food subscriptions, other eligible grocery

5 Scene+ points per $1

Entertainment

5 Scene+ points per $1

Gas, transit (rideshare, bus, taxi, subway)

3 Scene+ points per $1

Streaming

3 Scene+ points per $1

Travel (1 + up to 3 extra via Scene+ Travel)

Up to 4 Scene+ points per $1

All other purchases

1 Scene+ point per $1

Is there a welcome offer?

Yes. The listed welcome offer value is 50,000 Scene+ points.

Up to 50,000 bonus Scene+ points: 30,000 for $2,000 eligible purchases in first 3 months, plus 20,000 more for $7,500 in first year

Value: 50,000 Scene+ points

Account must be opened July 2 - November 1, 2026. Not for current/past-2-year Scotiabank personal credit card holders.

Pros

Up to 6X points at Sobeys grocery stores
No foreign transaction fees
Strong 50,000 point welcome bonus
Can be waived with eligible bank account

Cons

American Express acceptance less universal
$120 annual fee (unless waived)

What perks are included?

No foreign transaction fees
Up to 6X points at Sobeys/Safeway/FreshCo/Foodland
Up to 12¢/L value at Shell
Priority Pass membership discount (1,200+ lounges)
Waived with eligible Scotiabank account

What insurance is included?

Travel Emergency Medical – Up to $1M (25 days, under 65)

Trip Cancellation – Up to $1,500/person, $10,000/trip

Trip Interruption – Up to $1,500/person, $10,000/trip

Flight Delay – Up to $500

Delayed/Lost Luggage – Up to $1,000

Rental Car Insurance – Collision

Hotel Burglary

Mobile Device Insurance

Purchase Security & Extended Warranty

Frequently asked questions

What is the annual fee on the Scotiabank Gold American Express Card?

The Scotiabank Gold American Express Card has a $120 annual fee.

What rewards does the Scotiabank Gold American Express Card earn?

6 Scene+ points per $1 on Sobeys, Safeway, FreshCo, Foodland & more; 5 Scene+ points per $1 on Dining, food delivery, food subscriptions, other eligible grocery; 5 Scene+ points per $1 on Entertainment; 3 Scene+ points per $1 on Gas, transit (rideshare, bus, taxi, subway); 3 Scene+ points per $1 on Streaming; Up to 4 Scene+ points per $1 on Travel (1 + up to 3 extra via Scene+ Travel); 1 Scene+ point per $1 on All other purchases

What is the purchase interest rate on the Scotiabank Gold American Express Card?

The purchase interest rate is 21.99%. The cash advance rate is 22.99%.

Is there a welcome offer on the Scotiabank Gold American Express Card?

Up to 50,000 bonus Scene+ points: 30,000 for $2,000 eligible purchases in first 3 months, plus 20,000 more for $7,500 in first year Listed value: 50,000 Scene+ points.