9 Reasons to Apply for the Scotiabank Gold American Express Card

The Scotiabank Gold American Express Card has become one of the most intriguing credit cards in the Canadian market. 

As its rewards program, Scene+, continues to emerge as a stronger player in the loyalty landscape, the value proposition and the ways to maximize this card are greater than ever before.

With heightened category multipliers and a time-sensitive elevated welcome bonus, let’s look at nine reasons why the Scotiabank Gold Amex should be in your wallet.

1. 40,000 Scene+ Points Welcome Bonus

By applying prior to October 31, 2022, you’re eligible to receive a total welcome bonus of 40,000 Scene+ points. The process of earning the welcome bonus involves two easy steps:

• 20,000 Scene+ points upon spending $1,000 in the first three months
• Another 20,000 Scene+ points upon spending at least $7,500 in your first year

In other words, you’ll only need to spend an average of $625 per month to receive the full welcome bonus of 40,000 Scene+ points.

40,000 Scene+ points is equivalent to $400 towards travel expenses, and is one of the highest signup bonuses we’ve seen on the Scotiabank Gold Amex Card.

Even though the spending requirement of $7,500 in the first year might appear high at first glance, there are quite a few compelling reasons why you’ll organically want to put a lot of spend on this card, as we’ll discuss below. 

2. First Year Free

Typically, the Scotiabank Gold Amex Card comes with a reasonable annual fee of $120. However, if you apply before October 31, the annual fee is waived for the first year.

Meanwhile, we’ve recently seen comparable credit cards in the mid-range travel market increase…