Scotiabank Gold American Express Review
The strongest no-FX 5x earn in Canada, on the Amex network.
Updated June 10, 2026 · 4 min read · By Loyalty Concierge Editorial
SCOTIA · AMEX
Scotiabank Gold American Express Card
Annual fee $120 · FX 0%
Best for: Groceries, No-FX everyday spend
Verdict
Best no-FX 5x earn card in Canada.
Who should get this card
- • No-FX shoppers
- • Scene+ collectors
Who should avoid it
- • Anyone who redeems for premium travel (Aeroplan is better)
Pros & cons
Pros
- +No FX fees
- +Strong 5x earn
- +Includes Loblaws grocery
Cons
- −Amex acceptance
- −Scene+ has weaker travel valuation than Aeroplan
Earn rates
- 5x Scene+ — Grocery, dining, entertainment
- 3x Scene+ — Gas, transit, streaming
- 1x Scene+ — Everything else
Alternatives to consider
AMEX · AMEX
American Express Cobalt Card
Annual fee $192 · FX 2.5%
Best for: Foodies, Groceries and dining
View card details →SCOTIA · VISA
Scotiabank Passport Visa Infinite
Annual fee $150 · FX 0%
Best for: No-FX travellers, Lounge on a budget
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