The Scotiabank Gold American Express is one of the best credit cards out there. It earns up to 4 points per dollar on eligible dining, entertainment, gas, and groceries. Furthermore, there is an even higher signup bonus available! By applying for this card, you can now earn up to 35,000 Scotia Rewards. This is the highest bonus that I have ever seen available, and I strongly recommend grabbing this card if you don’t already have one.
Scotiabank Gold American Express Improved Offer
To earn the 35,000 points, you have to spend $750 within the first three months of card membership. The public offer is only 25,000 points, so you must also apply through this friend and family link to earn the higher bonus. This offer ends December 31, 2017. You also receive the first year free on this card. Since 10,000 points are worth $100 towards travel, the bonus is worth $350. What’s great is that these points can be applied to any travel purchase, including taxes and fees on award redemptions such as Aeroplan.
I applied for this card earlier last month with the previous offer of 30,000 Scotia Rewards, and finally received the card in the mail a few days ago. I’m not sure if Scotiabank matches increased bonuses, so I’ll give them a call later in the week. The Scotiabank Gold American Express is a card I recommend for everyone, especially those just starting out with earning miles and points. The minimum spend requirement is very low compared to other cards, and the points are straightforward to use.
As well, one neat benefit is price protection. This card is one of the few in Canada that offers this benefit. The insurance compensates you if an item you buy drops in price after purchase. I need to buy some new winter coats, so it will come in handy. As well, this benefit is also available with the MBNA Rewards World Elite MasterCard. I actually don’t think that there has ever been a personal credit card with first year free that offered 35,000 points, so it’s great Scotiabank is innovating here.
Along with the American Express Cobalt Card, this card can be great for manufactured spend. There is a limit of $50,000 on the bonus multiplier per calendar year, which means that you can earn up to 400,000 points in your first cardmember year. With manufactured spend, there’s a method to can earn up to a 4% return on all of your purchases. Given this has a much stronger signup bonus, I would recommend getting this card over the Cobalt for the signup bonus, although the Cobalt is marginally better for bonus categories. See my comparison of the cards here.
Apply for the Scotiabank Gold American Express and Earn Up to 35,000 Scotia Rewards points today!