Scotiabank Gold American Express

The Scotiabank Gold American Express Card is the perfect choice for customers with no credit history and for newcomers to Canada.

The card features add-ons and perks such as special offers, access to airport lounges, concierge service, and travel insurance. Concierge services cover things like show and concert ticket reservations, restaurant reservations, and more.
The comprehensive insurance coverage includes lost and delayed baggage, flight delay, trip cancellation, travel accident insurance, etc. Cardholders earn 1 bonus point on regular purchases and 4 points on dining and entertainment and grocery and gas purchases. The best part is that there are no travel restrictions, and points can be redeemed at any time

Something of honourable mention about this credit card is the flexibility and access with respect to rewards redemption. All you have to do to claim your points is login to the system and select the “Apply Points to Travel” option. Then just use your accumulated points to offset any travel cost (flights, rental cars, hotels, etc.) charged on your credit card. It’s that easy – no black-out periods or annoying restrictions.

In terms of approval, it’s a no brainer for those who are new to frequent travel and perhaps just entering into their current workforce environment, but have already established a respectable credit score. The minimum personal income is held at a low threshold of only $12,000 yearly.

It’s no wonder the Scotiabank Gold American Express Card is often ranked as the best travel credit card in Canada.

  • Annual Fee: $99
  • Interest Rate: 19.99 %
  • Earn 4 points per $1 in select catergories
  • Earn 1 reward point per $1 spent in all other categories
  • 15,000 welcome points when you spend $1,000 in the first 3 months.