Scotiabank Gold American Express® Card

As a financial advisor, I understand the importance of choosing the right credit card that aligns with your lifestyle and financial goals. Today, I am excited to introduce you to the Scotiabank Gold American Express® Card, a premium credit card designed to enhance your everyday spending with exceptional rewards, benefits, and features.

Why Choose the Scotiabank Gold American Express® Card?

The Scotiabank Gold American Express® Card stands out for its comprehensive rewards program, robust travel benefits, and practical features tailored for the discerning cardholder. Whether you are a frequent traveller, a food enthusiast, or simply looking to maximize your everyday purchases, this card offers unparalleled value.

1. Generous Rewards Program

One of the standout features of the Scotiabank Gold American Express® Card is its impressive rewards program. Here’s a breakdown of how you can earn points:

• 5X Points on Eligible Grocery, Dining, and Entertainment Purchases: This category includes a wide range of merchants such as grocery stores, restaurants, fast food chains, bars, and entertainment venues like movie theatres.
• 3X Points on Eligible Gas, Daily Transit, and Select Streaming Services: Earn points on gas station purchases, daily transit expenses like bus and train fares, and popular streaming services.
• 1X Point on All Other Purchases: Every other purchase you make with the card earns you 1 point per dollar spent.

With these reward categories, you can quickly accumulate points to redeem for travel, merchandise, gift cards, and more.

2. No Foreign Transaction Fees

For the avid traveller, the Scotiabank Gold American Express® Card offers the significant benefit of no foreign transaction fees. This means you can make purchases abroad or from international online retailers without incurring the usual 2.5% fee that many other credit cards charge. This feature alone can save you a substantial amount of money, especially if you frequently travel or shop internationally.

3. Comprehensive Travel Insurance

Travel with confidence knowing that you’re covered by extensive travel insurance. The Scotiabank Gold American Express® Card includes:

• Travel Emergency Medical Insurance: Up to $1,000,000 coverage for eligible emergency medical expenses incurred during your trip.
• Trip Cancellation and Interruption Insurance: Coverage for non-refundable expenses if your trip is cancelled or interrupted due to eligible reasons.
• Flight Delay Insurance: Reimbursement for expenses incurred due to flight delays.
• Lost or Delayed Baggage Insurance: Coverage for lost, stolen, or delayed baggage.
• Travel Accident Insurance: Coverage for accidental death or dismemberment while travelling.

These insurance benefits provide peace of mind and financial protection, making your travel experiences more enjoyable and worry-free.

4. Additional Card Benefits

• Priority Pass™ Membership Discount: Enjoy a discounted membership to Priority Pass™, granting you access to over 1,200 airport lounges worldwide.
• Amex Offers: Access exclusive offers and discounts at a variety of merchants.
• Purchase Protection and Extended Warranty: Purchases made with your card are protected against theft, loss, or damage, and eligible items receive an extended warranty.

Understanding the Fees

While the Scotiabank Gold American Express® Card offers a plethora of benefits, it’s essential to understand the associated fees:

• Annual Fee: $120
• Supplementary Card Fee: $29 per card
• Interest Rates: The annual interest rate for purchases is 19.99%, and for cash advances and balance transfers, it is 22.99%.

These fees are competitive, considering the extensive rewards and benefits you receive.