Annual Fee
$399
Extra Card Fee
$99
Purchase
19.99%
Cash Advance
22.99%
Balance Transfer
22.99%
Personal Income
$12,000
Household Income
N/A
Canadian resident who has reached the provincial age of majority.
  • Earn 4 points on every $1 spent on gas, groceries, dining and entertainment.
  • Earn 1 point on every $1 spent elsewhere.
  • Earn a signup bonus of 30,000 points after your first purchase (worth $300).
  • Flexible rewards that can be redeemed for travel anytime to anywhere, merchandise, or gift cards.
  • Access to Scotia Rewards Travel Service and Scotia Rewards Travel Advantage.
  • Access to special offers and events through American Express Invites, as well as a VIP pass to many exclusive events and venues.
  • Complimentary Priority Pass lounge access with a combined 14 free visits annually to over 600 lounges worldwide.
  • Complimentary membership to Hertz #1 Club Gold.
  • Comprehensive insurance that covers you and your purchases with 12 different types of insurance.
  • Coverage includes rare 31 days travel medical (10 days for age 65+), trip cancellation, up to 2 year extended warranty on purchases, and price protection.
  • 24/7 Premium Concierge Services.
Extended Warranty 2 years
Purchase Protection 120 days
Price Protection Yes
Travel Accident $500,000
Emergency Medical Term 31 days
Emergency Medical over 65 10 days
Trip Cancellation $2,500
Trip Interruption $5,000
Flight Delay $1,000
Baggage Delay $1,000
Lost or Stolen Baggage $1,000
Hotel Burglary $1,000
Rental Car Theft & Damage Yes

Please review your insurance certificate for details, exclusions and limitations of your coverage.

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Our Review

Annual fees usually justifies itself by opening up a world of possibilities when it comes to benefits, perks and rewards, and if you are on the higher spend end of the scale, sometimes it makes sense to go for a card that has an annual fee.

The Scotiabank Platinum American Express has one of the highest earn rates of any travel rewards card out there. Allowing you to earn $1 everywhere you shop, and then an unmatched 4 times the amount of points on gas, groceries, restaurants and entertainment. Plus you are given 30,000 bonus welcome points - a great way to start off your rewards.

These flexible rewards can be used on a number of things, including…

  • Travel - to anywhere, anytime, with no restrictions
  • Merchandise, and…
  • Gift cards

Thanks to the $399 annual fee that comes attached to this card, the Scotiabank Platinum Amex comes with so many great travel benefits to help make travel easier. Cardholders are given access to:

  • Scotia Rewards Travel Service - a full service travel agency
  • Scotia Rewards Travel Advantage - includes a best price guarantee
  • American Express Invites - which gives you Front of the Line ticket reserving to the hottest events around
  • Priority Pass lounges - 14 free visits yearly
  • Complimentary membership to Hertz #1 Club Gold - giving you speedier service and less paperwork
  • 24/7 Concierge Service - to give you help when you travel, make reservations, or even shop

This travel card from Scotiabank gives its cardholders 12 different types of travel and purchase insurance - including some of the best travel medical, best purchase protection and longest extended warranty out there. To find out more information about the insurance, check out the Insurance Coverage tab above.

Something to keep in mind - This card is an American Express card, so it isn’t accepted everywhere. If you are considering getting this card, you might want to also consider getting a Visa or Mastercard to use at locations where Amex isn’t taken.

What are your thoughts?

The creditcardGenius algorithm calculates an estimated dollar value for all rewards and bonuses by using a typical point value a person can realistically achieve by redeeming their rewards in a reasonably optimized way. The "Welcome Bonus" is the dollar value obtained by combining of all one-time bonuses available to new cardholders within the first year. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. Terms and conditions apply.

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