Canada · Scotiabank · American Express

Scotiabank Gold American Express Card

C$120 annual fee · 1x on everything else · no foreign transaction fees

Earn rates · how we got this

Category	Rate	Cap
Groceries	5x	on the first C$50,000/year
Dining	5x	on the first C$50,000/year
Entertainment	5x	on the first C$50,000/year
Streaming	3x	on the first C$50,000/year
Gas	3x	on the first C$50,000/year
Transit	3x	on the first C$50,000/year
Rideshare	3x	on the first C$50,000/year
Everything else	1x	uncapped
Issuer travel portal portal only — pays only if you book through the issuer's own site, so it is excluded from every ranking on this site	4x	uncapped

See more Canada credit cards →

What we have watched change

Differences between one check of the issuer's page and the next — not a reconstruction of the card's history. We only know what we were watching when it moved.

Earn rate Scotiabank Gold American Express Card now earns 4x on issuer travel portal. 2026-09-16

Everything that changed, across the catalog →

Signup bonus: 50,000 points after C$7,500 in 12 months. We never count unearned bonuses in savings math — a bonus you don't clear is worth zero. Up to 50,000 Scene+ points: 30,000 after $2,000 in everyday eligible purchases in the first 3 months, plus 20,000 after $7,500 in the first year.

Non-cash perks

No foreign transaction fee
Comprehensive travel insurance
Concierge

Does the fee earn out? · how we got this

The C$120 fee minus C$0 in printed credits leaves C$120/yr to earn back through rewards — roughly C$2,400 of groceries spending at 5x (valuing Scene+ points at the same mid-range value the optimizer uses). Whether that clears depends on your actual spending.

Who this card is not for

Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. One thing on this card rules out a kind of spender:

A heavy groceries spender. The 5x on groceries stops after C$50,000 of it per year. Past that the same purchases earn its base 1x, so the headline rate describes the first C$50,000 only.