2 The 40,000 Scotia Rewards bonus points are awarded when you use your Scotiabank Gold American Express Card for at least $750 in net purchases posted to your account in the first three months from the account open date and provided the account is open and in good standing. Net purchases are defined as the cost of goods and services purchased on your credit card account, less amounts credited for refunds on such purchases. The points will appear as an adjustment on your Scotiabank Gold American Express Card statement within two statement cycles after the third billing cycle has passed. Offer applies to new accounts opened by January 14, 2017.

3 Scotia Rewards Travel Service by telephone for Scotiabank Gold American Express Cardmembers is provided by a duly licensed 3rd-party travel agent AXA Assistance USA, Inc. AXA Assistance USA, Inc. Travel Booking Site provided by a duly licensed 3rd party travel agent: Altour International Inc.

4 You are eligible to redeem travel-related expenses on the card made outside of Scotia Rewards Travel Service for points, provided that these travel-related expenses have not been previously claimed and your account is in good standing. In order to qualify, the travel-related activity must be associated with trips made on your card and the charges submitted are recognized by our systems under the following American Express Merchant Category Codes or identifiers: airlines & air carriers – 4511; airports, flying fields, and airport terminals – 4582; lodgings, hotels, motels and resorts – 7011; trailer parks and campgrounds – 7033; passenger railways - 4112, bus lines – 4113; steamship and cruise lines – 4411; travel agencies and tour operators – 4722; automobile rental agency – 7512; motor home and recreational vehicle rentals – 7519; and include related taxes, booking fees, airport fees and travel insurance premiums.

Credit to your account cannot exceed the amount of the cost of the travel transactions submitted. A minimum of 5,000 points must be redeemed at one time. You will have 12 months to redeem these eligible travel-related purchases for points. Points cannot be redeemed once 12 months have elapsed from the date it was posted to your card account. It may take up to two statement cycles following the processing of your redemption request for the points to be credited to your account. You cannot have travel rewards reversed once your redemption request has been processed

5 Travel Privileges is brought to you by American Express with offers from participating American Express merchants. Lowest available rate refers to rates available across booking channels and must be available in the Global Distribution System during the booking date for the same booking being requested through Hotel Privileges and Luxury Hotel Privileges. Lowest available fare refers to the lowest published airfare at time of booking based upon search criteria. Minimum booking requirements may apply. Cancellation policies, payment policies, and all other booking conditions will be advised at the time of booking. Blackout dates may apply. All reservations and offers are based on availability and are subject to taxes and assessments. Offers are subject to merchants' standard booking requirements, terms, and conditions. Offer cannot be combined with other offers, promotions, discounts, or programs, and may not be redeemed for cash. Complete terms and conditions are available at scotiarewards.com

6 Insurance coverage is underwritten by American Bankers Insurance Company of Florida and/or American Bankers Life Assurance Company of Florida. Travel Emergency Medical Insurance is underwritten by American Bankers Life Assurance Company of Florida, except for travel in Cuba which is underwritten by Zurich Insurance Company Ltd The Bank of Nova Scotia is not an insurer. All claims for insurance indemnities must be forwarded to the respective insurers. Details of the coverage, including definitions, benefits, limitations, and exclusions are in the Certificate of Insurance provided with the card. Read the Certificate of Insurance then keep it in a safe place with your other valuable documents, and take it with you when you travel.

7 Concierge Service provided by a duly licensed 3rd party premium concierge provider: AXA Assistance USA, Inc.

8 Priority Pass™ membership includes access to airport lounges participating in the Priority Pass program. Certain terms, conditions and exclusions apply. Unless cancelled, Priority Pass membership automatically renews on its anniversary date. Priority Pass membership will be cancelled if your Scotiabank Gold American Express Card is cancelled. For complete Priority Pass terms and conditions, please visit www.prioritypass.com/Conditions-of-use.cfm

9Not including cash advances, balance transfers and Scotia Credit Card cheques. Provided that you pay your balance in full by the payment due date.

† You have been pre-approved for a Scotiabank Gold American Express Card on the basis of your Scotiabank financial information and other credit information. We reserve the right to withdraw this offer, even if you have already accepted, and decline to issue you this offer if we become aware of any unfavorable information, any adverse change in your financial position or any adverse change in your account status with us. This offer is only available to those who are a Canadian citizen or a Permanent Resident and have reached the age of majority in the province they live in. This offer is only valid to the person whom it is addressed and is not transferable.

‡ Please refer to the enclosed Application Disclosure Statement for information on rates and fees, including the annual fee(s), and additional details about the Card. The introductory annual fee waiver only applies to the initial annual fee for the primary and additional cards. The regular annual fee is $99 per year for the first card issues on the account; additional cards are charged an annual fee of $29 per year per card when issued. The Scotiabank Gold American Express Card regular interest rate is 19.99% for purchases. For cash advances, balance transfers and Scotia Credit Card Cheques the interest rate is 22.99%. Offer applies to new accounts opened by June 30, 2016. Any additional cards must be issued by June 30, 2016, to qualify for the offer. Rates and fees are as of August 1, 2015 and are subject to change without notice.

® Registered trademarks of The Bank of Nova Scotia. American Express is a registered trademark of American Express. This credit card program is issued and administered by the Bank of Nova Scotia under license from American Express.

SM American Express SELECTS is a Service Mark of American Express