Scotiabank

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Why we’ll pass on the new Scotia AMEX gold card

Last week, Scotia unveiled a revamped AMEX gold card. We see this card as a potential challenger to the AMEX Cobalt but despite some new features, Scotia Rewards just aren’t as valuable other reward options and the welcome bonus doesn’t do enough to offset the annual fee to entice us to apply. So, for now anyway, we’ll have to pass on this card.

Is this the best credit card in Canada?

There are lots of great sign-up bonuses for cards in Canada, but what is the best credit card to use on a daily basis? 

The Scotiabank Momentum Visa Infinite might meet the mark. The card doesn’t have a sign-up bonus, and does have a $99 annual fee, but this fee is waived for the first year (this ends May 31), and it has a 4% return on gas station and grocery store purchases!