Which has the lower annual fee, American Express Aeroplan Card or Scotiabank Gold American Express?

Both cards have the same annual fee of $120.

Which card is better for groceries, American Express Aeroplan Card or Scotiabank Gold American Express?

The American Express Aeroplan Card earns 1.8x on groceries, while the Scotiabank Gold American Express earns 4x. The better choice depends on your grocery spending and the specific merchants you shop at.

Is the American Express Aeroplan Card accepted everywhere in Canada?

The American Express Aeroplan Card runs on the American Express network, which is not accepted at some Canadian retailers like Costco and Loblaws. Visa and Mastercard have broader acceptance in Canada.

American Express Aeroplan Card vs Scotiabank Gold American Express — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

American Express Aeroplan Card wins by $550/yr — strongest in travel

American Express Aeroplan Card earns $136 more on travel
American Express Aeroplan Card earns $117 more on bills & utilities
$270 welcome bonus advantage

Travel: +$136Bills & Utilities: +$117Shopping: +$102

American Express Aeroplan Card: $30/yr in foreign transaction fees

American Express Aeroplan Card (Amex) — not accepted at Costco, Loblaws, No Frills, Walmart

Scotiabank Gold American Express: $30/yr in foreign transaction fees

Scotiabank Gold American Express (Amex) — not accepted at Costco, Loblaws, No Frills, Walmart

Showing Year 1 analysis

Dollar Value

Winner

$1,771

/first year

4.2% effective$148/mo

vs 1% no-fee card: +$1,353

Annual rewards earned+$1,201

Welcome bonus+$720

FX costs−$30

Annual fee−$120

$1,222

/first year

2.9% effective$102/mo

vs 1% no-fee card: +$803

Annual rewards earned+$802

Welcome bonus+$450

First-year fee waiver+$120

FX costs−$30

Annual fee−$120

Best for your spendingAmerican Express Aeroplan Card—$1,771Year 1 value

+$550 more than Scotiabank Gold American Express

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

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The Bottom Line

American Express Aeroplan Card wins by $550/yr — strongest in travel

American Express Aeroplan Card earns $136 more on travel
American Express Aeroplan Card earns $117 more on bills & utilities
$270 welcome bonus advantage

Travel: +$136Bills & Utilities: +$117Shopping: +$102

Showing Year 1 analysis

American Express Aeroplan Card wins in both Year 1 and Year 2+ — consistent long-term value.

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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